Evaluating the market in Bermuda

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Country Risk Quarterly

Read the Country Risk Quarterly interactive guide for valuable insights on rapidly changing global markets, new opportunities and the latest political and economic risks that could affect your business.

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Global Export Forecast

Read the Global Export Forecast for expert insights from the EDC Economics team on the current trends influencing global trade and Canadian exporting.

Read the latest Government of Canada travel advisory for this market.

Business environment in Bermuda

Bermuda is a British Overseas Territory with a very high per capita income. Bermuda benefits from a stable, pro-business democracy, strong offshore financial services sector and well-established regulatory institutions. Hampered by a small economy that lacks diversification, along with a relatively high-cost tourism sector that is facing competition from other Caribbean destinations, Bermuda has had continuous weak economic growth for an extended period and growth prospects remain weak. Though economic growth prospects remain weak, American economic performance may help boost growth within the tourism sector.

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