Bank overhead costs to total assets in Bermuda
Bermuda: Bank overhead costs to total assets was 2.1% in 2021. ▼ Falling
Bank overhead costs to total assets in Bermuda, 2010–2021
Source: Bankscope, Bureau van Dijk (BvD). Measured in %.
Analysis
Bermuda recorded 2.1% for bank overhead costs to total assets in 2021. That is the lowest value across all 12 years on record.
That represents a change of down 3.8% on the previous year and down 13.7% over ten years.
Over the whole period, bank overhead costs to total assets in Bermuda peaked at 3.1% in 2010 and was at its lowest, 2.1%, in 2021.
Bermuda ranks 89th of 168 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 12 years of available data.
Bank overhead costs to total assets in Bermuda, year by year
| Year | % | Change |
|---|---|---|
| 2010 | 3.1% | — |
| 2011 | 2.4% | -21.4% |
| 2012 | 2.2% | -8.7% |
| 2013 | 2.1% | -2.6% |
| 2014 | 2.2% | +3.9% |
| 2015 | 2.2% | -2.3% |
| 2016 | 2.9% | +35.5% |
| 2017 | 2.4% | -18.6% |
| 2018 | 2.6% | +8.6% |
| 2019 | 2.6% | -1.2% |
| 2020 | 2.2% | -16.0% |
| 2021 | 2.1% | -3.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 2.5% | 2.1% | 3.1% | 10 |
| 2020s | 2.1% | 2.1% | 2.2% | 2 |
Countries ranked near Bermuda
- 86 Barbados 2.1% compare
- 87 Romania 2.1% compare
- 88 Djibouti 2.1% compare
- 90 Switzerland 2.0% compare
- 91 Kazakhstan 2.0% compare
- 92 Cape Verde 2.0% compare
More financial sector data for Bermuda
- Official exchange rate 1 LCU per US$, period average (2025)
- Net migration -2 (2025)
- Net migration, annual growth rate 60 % change on previous year (2025)
- GDP deflator: linked series 129.48 base year varies by country (2024)
- Inflation, GDP deflator: linked series 4.9% (2024)
- Reserve assets 211.49 million US dollar (2023)
- Banking crisis dummy 0 1=banking crisis, 0=none (2017)
- Total assets, Adjusted using IMF accounting records 15.85 billion US dollar (2023)
- Reserve assets, Adjusted using IMF accounting records 211.49 million US dollar (2023)
- Reserve assets, Other reserve (currency, deposits, securities) 211.49 million US dollar (2023)
Frequently asked questions
- What is bank overhead costs to total assets in Bermuda?
- Bank overhead costs to total assets in Bermuda was 2.1% in 2021, according to Bankscope, Bureau van Dijk (BvD).
- What is the highest bank overhead costs to total assets recorded in Bermuda?
- The highest recorded value was 3.1% in 2010.
- What is the lowest bank overhead costs to total assets recorded in Bermuda?
- The lowest recorded value was 2.1% in 2021.
- How does Bermuda rank for bank overhead costs to total assets?
- Bermuda ranks 89th out of 168 countries with data for 2021.
- Is bank overhead costs to total assets rising or falling in Bermuda?
- Over the last ten years it is down 13.7%. The long-run trend across the full record is falling.
- Where does this Bermuda data come from?
- The figures come from Bankscope, Bureau van Dijk (BvD), published as part of Bank overhead costs to total assets (%). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 12 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Raw data are from Bankscope. Data2090[t] / ((data2025[t] + data2025[t-1])/2). Numerator and denominator are first aggregated on the country level before division. Note that banks used in the calculation might differ between indicators. Calculated from underlying bank-by-bank unconsolidated data from Bankscope.