Annual growth of imports of goods and services in Bermuda
Bermuda: Annual growth of imports of goods and services was 4.6% in 2024. ◆ Volatile
Latest (2024)
4.6%
Change on year
down 20.1%
World rank
84th
of 186 countries
All-time high
8.6%
in 2021
All-time low
-21.3%
in 2020
Years of data
10
2015–2024
Annual growth of imports of goods and services in Bermuda, 2015–2024
Source: United Nations Statistics Division, SDG Global Database.
Analysis
The most recent figure for annual growth of imports of goods and services in Bermuda is 4.6%, measured in 2024.
The figure is down 20.1% on the previous year and up 406.6% over ten years.
Over the whole period, annual growth of imports of goods and services in Bermuda peaked at 8.6% in 2021 and was at its lowest, -21.3%, in 2020.
Bermuda ranks 84th of 186 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Annual growth of imports of goods and services in Bermuda, year by year
| Year | Value | Change |
|---|---|---|
| 2015 | -1.5% | — |
| 2016 | 6.2% | -514.6% |
| 2017 | -3.3% | -152.7% |
| 2018 | 4.5% | -238.6% |
| 2019 | 1.2% | -73.1% |
| 2020 | -21.3% | -1852.3% |
| 2021 | 8.6% | -140.6% |
| 2022 | 8.6% | -0.8% |
| 2023 | 5.7% | -33.3% |
| 2024 | 4.6% | -20.1% |
Bermuda compared with similar countries
- Bermuda's 4.6% is above the median for high income countries, which is 2.5%, 1.8× the median. (59 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 1.4% | -3.3% | 6.2% | 5 |
| 2020s | 1.2% | -21.3% | 8.6% | 5 |
Countries ranked near Bermuda
- 81 Bosnia and Herzegovina 4.7% compare
- 82 Egypt 4.7% compare
- 83 Chad 4.6% compare
- 85 Lao People's Democratic Republic 4.6%
- 85 Lao People's Democratic Republic 4.6%
- 87 Poland 4.5% compare
More economy & growth data for Bermuda
- General government final consumption expenditure (current LCU), per 0.1072 current LCU per US$ of GDP (2024)
- Foreign direct investment, net outflows (BoP, current US$), gaps 33.80 million BoP, current US$ (2024)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0037 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net outflows (BoP, current US$), per capita 522.99 BoP, current US$ per person (2024)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 117.84 million BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual -21.86 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0128 BoP, current US$ per US$ of GDP (2024)
- General government final consumption expenditure (current LCU) 4.44 % change on previous year (2024)
- General government final consumption expenditure (current US$), per 15,245 current US$ per person (2024)
- General government final consumption expenditure (current US$), per 0.1072 current US$ per US$ of GDP (2024)
Frequently asked questions
- What is annual growth of imports of goods and services in Bermuda?
- Annual growth of imports of goods and services in Bermuda was 4.6% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest annual growth of imports of goods and services recorded in Bermuda?
- The highest recorded value was 8.6% in 2021.
- What is the lowest annual growth of imports of goods and services recorded in Bermuda?
- The lowest recorded value was -21.3% in 2020.
- How does Bermuda rank for annual growth of imports of goods and services?
- Bermuda ranks 84th out of 186 countries with data for 2024.
- Is annual growth of imports of goods and services rising or falling in Bermuda?
- Over the last ten years it is up 406.6%. The long-run trend across the full record is volatile.
- Where does this Bermuda data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Annual growth of imports of goods and services (%). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 10 observations, free to reuse under UN SDG Global Database (open, attribution requested).