What would a basic income cost in Bermuda?
Pick a country, who gets it and how much a month. Everything is calculated on this device; nothing is sent anywhere.
Total cost per year
70.5 million Bermudan dollars
about 70.5 million US dollars
64,555 people × 91 Bermudan dollars a month × 12 months
Compared with
- GDP (nominal) (2024)0.77%
Bermuda in numbers
Bermuda has a population of 64,555 (2025) and a GDP of 9.19 billion Bermudan dollars (about 9.19 billion US dollars) in 2024.
Paying everyone 91 Bermudan dollars a month would cost 70.5 million Bermudan dollars a year (about 70.5 million US dollars), or 0.77% of GDP. The World Bank has no recent central government expense or tax figures for Bermuda, so only GDP is compared.
Children only (under 18: 10,693) would cost 11.7 million Bermudan dollars a year (0.13% of GDP); adults only (18 and over: 53,862), 58.8 million Bermudan dollars (0.64%).
Default amount: 91 Bermudan dollars a month is the World Bank's international poverty line of $3.00 a day, converted into Bermudan dollars at the exchange rate implied by the World Bank's GDP in local currency and in US dollars (2024), because there is no recent PPP conversion factor, and rounded to two significant figures. It is a reference point, not a policy proposal; change it above.
How to read this
This is the gross cost: the total paid out. The real net cost depends on which taxes fund it, which benefits or tax breaks it replaces and whether the payment is taxed. The population, budget and GDP figures are not all from the same year (see the sources).
Sources for the figures
- Population
- World Bank: population, total (SP.POP.TOTL), and population by single year of age 0 to 17 (SP.POP.AG00.FE.IN … SP.POP.AG17.MA.IN), 2025
- SP.POP.AG00.FE.IN … SP.POP.AG17.MA.IN
- Default amount
- World Bank: international poverty line of $3.00 a day (2021 PPP), June 2025 update
- Retrieved from the World Bank API on November 9, 2026 (CC BY 4.0). Government figures are central government, as a share of GDP in their own year, applied to the latest GDP.