Bermuda vs Panama: Net secondary income
Net secondary income over time
- Bermuda
- Panama
How they compare
Bermuda currently reports -190.41 million BoP, current US$ against -222.33 million BoP, current US$ in Panama, a difference of 31.91 million BoP, current US$.
The two have swapped places 2 times across 18 shared years of data; in 2006 it was Panama ahead.
Bermuda ranks 153rd and Panama ranks 154th of 199 countries.
Panama has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Bermuda | Panama | Difference | Ahead |
|---|---|---|---|---|
| 2000s | -76.25 million BoP, current US$ | 393.65 million BoP, current US$ | 469.90 million BoP, current US$ | Panama |
| 2010s | -161.45 million BoP, current US$ | -22.05 million BoP, current US$ | 139.40 million BoP, current US$ | Panama |
| 2020s | -209.86 million BoP, current US$ | -8.49 million BoP, current US$ | 201.37 million BoP, current US$ | Panama |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher net secondary income, Bermuda or Panama?
- Bermuda, at -190.41 million BoP, current US$ against -222.33 million BoP, current US$ in Panama as of 2023.
- What is the difference in net secondary income between Bermuda and Panama?
- 31.91 million BoP, current US$, with Bermuda ahead.
- How many years of comparable data are there for Bermuda and Panama?
- 18 years are reported by both, from 2006 to 2023.
- How do Bermuda and Panama rank globally for net secondary income?
- Bermuda ranks 153rd and Panama ranks 154th of 199 countries.
- Where does this data come from?
- Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as Net secondary income (BoP, current US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Net secondary income (from abroad) comprises transfers of income between residents of the reporting country and the rest of the world that carry no provisions for repayment. Net secondary income is equal to the unrequited transfers of income from nonresidents to residents minus the unrequited transfers from residents to nonresidents. 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.