Today, the Ministry of Economy and Labour released the Quarter 4, 2021 Quarterly Gross Domestic Product (GDP) by Expenditure publication.
Minister Hayward explained, “After adjusting for inflation, the Real GDP increased 1.0 per cent for the final three months of 2021, capping off a strong year of economic performance. The Bermudian economy experience a robust rebound in 2021 compared to lower activity in 2020 when the economy began to re-open fully with the easing of COVID restrictions.”