Communications, computer, etc. in Bermuda
Bermuda: Communications, computer, etc. was 16.5% in 2023. ▼ Falling
Communications, computer, etc. in Bermuda, 2006–2023
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of service exports, BoP.
Analysis
Bermuda recorded 16.5% for communications, computer, etc. in 2023. That is the lowest value across all 18 years on record.
Compared with earlier readings it is down 16.9% on the previous year and down 28.9% over ten years.
Over the whole period, communications, computer, etc. in Bermuda peaked at 31.0% in 2006 and was at its lowest, 16.5%, in 2023.
Bermuda ranks 127th of 196 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 18 years of available data.
Communications, computer, etc. in Bermuda, year by year
| Year | % of service exports, BoP | Change |
|---|---|---|
| 2006 | 31.0% | — |
| 2007 | 20.5% | -33.7% |
| 2008 | 23.0% | +11.8% |
| 2009 | 27.5% | +19.9% |
| 2010 | 23.1% | -16.2% |
| 2011 | 21.0% | -9.1% |
| 2012 | 22.1% | +5.5% |
| 2013 | 23.2% | +5.1% |
| 2014 | 25.4% | +9.4% |
| 2015 | 25.5% | +0.2% |
| 2016 | 23.4% | -8.3% |
| 2017 | 21.6% | -7.7% |
| 2018 | 21.6% | +0.2% |
| 2019 | 22.0% | +2.0% |
| 2020 | 29.8% | +35.4% |
| 2021 | 25.0% | -16.2% |
| 2022 | 19.9% | -20.5% |
| 2023 | 16.5% | -16.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 25.5% | 20.5% | 31.0% | 4 |
| 2010s | 22.9% | 21.0% | 25.5% | 10 |
| 2020s | 22.8% | 16.5% | 29.8% | 4 |
Countries ranked near Bermuda
More economy & growth data for Bermuda
- Gross value added at basic prices (GVA) (constant LCU), per capita 105,450 constant LCU per person (2024)
- Gross value added at basic prices (GVA) (current LCU), per unit of GDP 0.9638 current LCU per US$ of GDP (2024)
- Gross value added at basic prices (GVA) (current LCU), per capita 137,106 current LCU per person (2024)
- Gross value added at basic prices (GVA) (constant 2015 US$), annual 1.92 % change on previous year (2024)
- Gross value added at basic prices (GVA) (constant 2015 US$), per unit 0.7902 constant 2015 US$ per US$ of GDP (2024)
- Gross value added at basic prices (GVA) (constant 2015 US$), per 112,409 constant 2015 US$ per person (2024)
- Gross value added at basic prices (GVA) (constant LCU), annual growth 1.92 % change on previous year (2024)
- Gross value added at basic prices (GVA) (constant LCU), per unit of 0.7413 constant LCU per US$ of GDP (2024)
- GDP (constant 2015 US$), per unit of GDP 0.8191 constant 2015 US$ per US$ of GDP (2024)
- GDP (constant 2015 US$), annual growth rate 1.89 % change on previous year (2024)
Frequently asked questions
- What is communications, computer, etc. in Bermuda?
- Communications, computer, etc. in Bermuda was 16.5% in 2023, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest communications, computer, etc. recorded in Bermuda?
- The highest recorded value was 31.0% in 2006.
- What is the lowest communications, computer, etc. recorded in Bermuda?
- The lowest recorded value was 16.5% in 2023.
- How does Bermuda rank for communications, computer, etc.?
- Bermuda ranks 127th out of 196 countries with data for 2023.
- Is communications, computer, etc. rising or falling in Bermuda?
- Over the last ten years it is down 28.9%. The long-run trend across the full record is falling.
- Where does this Bermuda data come from?
- The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Communications, computer, etc. (% of service exports, BoP). Statizoid updates them automatically from the source API.
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About this data
Communications, computer, information, and other services cover international telecommunications; computer data; news-related service transactions between residents and nonresidents; construction services; royalties and license fees; miscellaneous business, professional, and technical services; personal, cultural, and recreational services; manufacturing services on physical inputs owned by others; and maintenance and repair services and government services not included elsewhere. This indicator is expressed as a percentage of service exports which are services provided by residents to non-residents.