Bermuda vs Trinidad and Tobago: Current account balance
Current account balance over time
- Bermuda
- Trinidad and Tobago
How they compare
Bermuda currently reports 1.32 billion BoP, current US$ against 1.25 billion BoP, current US$ in Trinidad and Tobago, a difference of 71.86 million BoP, current US$.
That makes Bermuda's figure about 1.1 times Trinidad and Tobago's.
The two have swapped places 4 times across 18 shared years of data; in 2006 it was Trinidad and Tobago ahead.
Bermuda ranks 48th and Trinidad and Tobago ranks 49th of 199 countries.
Trinidad and Tobago has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Bermuda | Trinidad and Tobago | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 989.14 million BoP, current US$ | 5.61 billion BoP, current US$ | 4.62 billion BoP, current US$ | Trinidad and Tobago |
| 2010s | 860.55 million BoP, current US$ | 2.78 billion BoP, current US$ | 1.92 billion BoP, current US$ | Trinidad and Tobago |
| 2020s | 1.07 billion BoP, current US$ | 1.76 billion BoP, current US$ | 693.93 million BoP, current US$ | Trinidad and Tobago |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher current account balance, Bermuda or Trinidad and Tobago?
- Bermuda, at 1.32 billion BoP, current US$ against 1.25 billion BoP, current US$ in Trinidad and Tobago as of 2023.
- What is the difference in current account balance between Bermuda and Trinidad and Tobago?
- 71.86 million BoP, current US$, with Bermuda ahead.
- How many years of comparable data are there for Bermuda and Trinidad and Tobago?
- 18 years are reported by both, from 2006 to 2023.
- How do Bermuda and Trinidad and Tobago rank globally for current account balance?
- Bermuda ranks 48th and Trinidad and Tobago ranks 49th of 199 countries.
- Where does this data come from?
- Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as Current account balance (BoP, current US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.
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About this data
Balance of current transactions (transactions in goods and services, earned income and transfer income) between residents and non-residents. The term current account balance is used in the external accounts and is expressed from the perspective of resident units. The term current external balance is used in the national accounts and is expressed from the perspective of the non-resident units, and therefore with the opposite sign. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.