Bermuda vs Lower middle income: Personal remittances, received
Personal remittances, received over time
- Bermuda
- Lower middle income
How they compare
Bermuda currently reports 23.7% against 5.7% in Lower middle income, a difference of 18.0%.
That makes Bermuda's figure about 4.2 times Lower middle income's.
Across all 18 years both countries report, Bermuda has been ahead every year.
Bermuda ranks 8th and Lower middle income ranks 5th of 196 countries.
Bermuda has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Bermuda | Lower middle income | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 20.2% | 4.2% | 16.0% | Bermuda |
| 2010s | 20.1% | 4.3% | 15.8% | Bermuda |
| 2020s | 23.0% | 4.6% | 18.3% | Bermuda |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher personal remittances, received, Bermuda or Lower middle income?
- Bermuda, at 23.7% against 5.7% in Lower middle income as of 2023.
- What is the difference in personal remittances, received between Bermuda and Lower middle income?
- 18.0%, with Bermuda ahead.
- How many years of comparable data are there for Bermuda and Lower middle income?
- 18 years are reported by both, from 2006 to 2023.
- How do Bermuda and Lower middle income rank globally for personal remittances, received?
- Bermuda ranks 8th and Lower middle income ranks 5th 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.
Individual pages
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.