In October 2016, the Department of Statistics released its
"Facts & Figures 2016" which sets out
in summary form some of the key indicators of Bermuda's
economic and trends.
There are some important points to note from that report. For
example, the number of local companies is steadily increasing year
on year from 3,125 in 2013 to 3,307 in 2015. In addition,
international companies in Bermuda are also growing in number with
exempted, exempted partnership and non-resident companies on the
rise from 2013 through 2015.
In the banking sector, while there have been some areas of
retraction such as savings deposits, there have been a number of
other areas of growth, such as investments (9,437 in 2013 to 10,425
in 2015), loans and advances (8,342 in 2013 to 9,073 in 2015) and
demand deposits (10,190 in 2013 to 11,668 in 2015). In terms of GDP
per capita, there has been improvement year on year from 2013 with
the GDP per capita in 2015 at 96,018.
