Bermuda vs Heavily indebted poor countries (HIPC): Personal remittances, received
Personal remittances, received over time
- Bermuda
- Heavily indebted poor countries (HIPC)
How they compare
Bermuda currently reports 23.7% against 4.8% in Heavily indebted poor countries (HIPC), a difference of 18.9%.
That makes Bermuda's figure about 5.0 times Heavily indebted poor countries (HIPC)'s.
Across all 18 years both countries report, Bermuda has been ahead every year.
Bermuda ranks 8th and Heavily indebted poor countries (HIPC) ranks 10th of 196 countries.
Bermuda has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Bermuda | Heavily indebted poor countries (HIPC) | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 20.2% | 2.9% | 17.3% | Bermuda |
| 2010s | 20.1% | 3.4% | 16.7% | Bermuda |
| 2020s | 23.0% | 4.0% | 18.9% | Bermuda |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher personal remittances, received, Bermuda or Heavily indebted poor countries (HIPC)?
- Bermuda, at 23.7% against 4.8% in Heavily indebted poor countries (HIPC) as of 2023.
- What is the difference in personal remittances, received between Bermuda and Heavily indebted poor countries (HIPC)?
- 18.9%, with Bermuda ahead.
- How many years of comparable data are there for Bermuda and Heavily indebted poor countries (HIPC)?
- 18 years are reported by both, from 2006 to 2023.
- How do Bermuda and Heavily indebted poor countries (HIPC) rank globally for personal remittances, received?
- Bermuda ranks 8th and Heavily indebted poor countries (HIPC) ranks 10th of 196 countries.
- Where does this data come from?
- Staff estimates, World Bank (WB), published as Personal remittances, received (% of GDP). 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.