Bermuda vs Caribbean: Volume of remittances (in United States dollars) as a proportion of
Bermuda
23.7%
in 2023
Caribbean
4.5%
in 2024
Bermuda rank
10th
Caribbean rank
8th
Volume of remittances (in United States dollars) as a proportion of over time
- Bermuda
- Caribbean
How they compare
Bermuda currently reports 23.7% against 4.5% in Caribbean, a difference of 19.2%.
That makes Bermuda's figure about 5.3 times Caribbean's.
Across all 18 years both countries report, Bermuda has been ahead every year.
Bermuda ranks 10th and Caribbean ranks 8th of 203 countries.
Bermuda has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Bermuda | Caribbean | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 20.2% | 5.1% | 15.1% | Bermuda |
| 2010s | 20.1% | 4.5% | 15.6% | Bermuda |
| 2020s | 22.9% | 4.4% | 18.5% | Bermuda |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher volume of remittances (in united states dollars) as a proportion of, Bermuda or Caribbean?
- Bermuda, at 23.7% against 4.5% in Caribbean as of 2023.
- What is the difference in volume of remittances (in united states dollars) as a proportion of between Bermuda and Caribbean?
- 19.2%, with Bermuda ahead.
- How many years of comparable data are there for Bermuda and Caribbean?
- 18 years are reported by both, from 2006 to 2023.
- How do Bermuda and Caribbean rank globally for volume of remittances (in united states dollars) as a proportion of?
- Bermuda ranks 10th and Caribbean ranks 8th of 203 countries.
- Where does this data come from?
- United Nations Statistics Division, SDG Global Database, published as Volume of remittances (in United States dollars) as a proportion of total GDP (%). Statizoid refreshes it automatically from the source and publishes the full history for both places.