Bermuda vs Portugal: Personal remittances, received
Personal remittances, received over time
- Bermuda
- Portugal
How they compare
Bermuda currently reports 2.04 billion current US$ against 1.84 billion current US$ in Portugal, a difference of 193.67 million current US$.
That makes Bermuda's figure about 1.1 times Portugal's.
Across all 18 years both countries report, Bermuda has been ahead every year.
Bermuda ranks 69th and Portugal ranks 72nd of 196 countries.
Bermuda has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Bermuda | Portugal | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 1.34 billion current US$ | 572.30 million current US$ | 770.07 million current US$ | Bermuda |
| 2010s | 1.36 billion current US$ | 607.66 million current US$ | 750.28 million current US$ | Bermuda |
| 2020s | 1.75 billion current US$ | 1.43 billion current US$ | 319.96 million current US$ | Bermuda |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher personal remittances, received, Bermuda or Portugal?
- Bermuda, at 2.04 billion current US$ against 1.84 billion current US$ in Portugal as of 2023.
- What is the difference in personal remittances, received between Bermuda and Portugal?
- 193.67 million current US$, with Bermuda ahead.
- How many years of comparable data are there for Bermuda and Portugal?
- 18 years are reported by both, from 2006 to 2023.
- How do Bermuda and Portugal rank globally for personal remittances, received?
- Bermuda ranks 69th and Portugal ranks 72nd of 196 countries.
- Where does this data come from?
- IMF balance of payments data, International Monetary Fund (IMF), published as Personal remittances, received (current US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.
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About this data
Personal remittances comprise personal transfers and compensation of employees. Personal transfers consist of all current transfers in cash or in kind made or received by resident households to or from nonresident households. Personal transfers thus include all current transfers between resident and nonresident individuals. Compensation of employees refers to the income of border, seasonal, and other short-term workers who are employed in an economy where they are not resident and of residents employed by nonresident entities. Data are the sum of two items defined in the sixth edition of the IMF's Balance of Payments Manual: personal transfers and compensation of employees. Data are in current U.S. dollars.