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
Annual growth of imports of goods and services in Bermuda, 2015–2024
Source: World Bank – processed by Our World in Data. Measured in %.
Analysis
In 2024, annual growth of imports of goods and services in Bermuda stood at 4.6%.
Compared with earlier readings it is down 20.1% on the previous year and up 406.7% 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 79th of 176 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 | % | Change |
|---|---|---|
| 2015 | -1.5% | — |
| 2016 | 6.2% | -514.1% |
| 2017 | -3.3% | -152.8% |
| 2018 | 4.5% | -238.3% |
| 2019 | 1.2% | -73.2% |
| 2020 | -21.3% | -1857.9% |
| 2021 | 8.6% | -140.6% |
| 2022 | 8.6% | -0.8% |
| 2023 | 5.7% | -33.3% |
| 2024 | 4.6% | -20.1% |
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
More economy & growth data for Bermuda
- 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)
- General government final consumption expenditure (current US$) 4.44 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 1,823 BoP, current US$ per person (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), per 0.1072 current LCU per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual -21.86 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 117.84 million BoP, current US$ (2024)
- Foreign direct investment, net outflows (BoP, current US$), per capita 522.99 BoP, current US$ per person (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 World Bank – processed by Our World in Data.
- 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 79th out of 176 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 406.7%. The long-run trend across the full record is volatile.
- Where does this Bermuda data come from?
- The figures come from World Bank – processed by Our World in Data, published as part of Annual growth of imports of goods and services. Statizoid updates them automatically from the source API.
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About this data
Annual growth of imports of goods and services (%).