Bermuda vs Latin America and the Caribbean: Volume of remittances (in United States dollars) as a proportion of
Bermuda
23.7%
in 2023
Latin America and the Caribbean
3.3%
in 2024
Bermuda rank
10th
Latin America and the Caribbean rank
12th
Volume of remittances (in United States dollars) as a proportion of over time
- Bermuda
- Latin America and the Caribbean
How they compare
Bermuda currently reports 23.7% against 3.3% in Latin America and the Caribbean, a difference of 20.4%.
That makes Bermuda's figure about 7.1 times Latin America and the Caribbean's.
Across all 18 years both countries report, Bermuda has been ahead every year.
Bermuda ranks 10th and Latin America and the Caribbean ranks 12th of 203 countries.
Bermuda has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Bermuda | Latin America and the Caribbean | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 20.2% | 2.7% | 17.5% | Bermuda |
| 2010s | 20.1% | 2.5% | 17.6% | Bermuda |
| 2020s | 22.9% | 3.3% | 19.6% | 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 Latin America and the Caribbean?
- Bermuda, at 23.7% against 3.3% in Latin America and the Caribbean as of 2023.
- What is the difference in volume of remittances (in united states dollars) as a proportion of between Bermuda and Latin America and the Caribbean?
- 20.4%, with Bermuda ahead.
- How many years of comparable data are there for Bermuda and Latin America and the Caribbean?
- 18 years are reported by both, from 2006 to 2023.
- How do Bermuda and Latin America and the Caribbean rank globally for volume of remittances (in united states dollars) as a proportion of?
- Bermuda ranks 10th and Latin America and the Caribbean ranks 12th 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.