Exports of goods and services in Bermuda
Bermuda: Exports of goods and services was 11.0% in 2024. ◆ Volatile
Exports of goods and services in Bermuda, 2015–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in annual % growth.
Analysis
Bermuda recorded 11.0% for exports of goods and services in 2024. That is the highest value across all 10 years on record.
That represents a change of up 72.9% on the previous year and up 152.3% over ten years.
Over the whole period, exports of goods and services in Bermuda peaked at 11.0% in 2024 and was at its lowest, -10.2%, in 2017.
Bermuda ranks 30th of 178 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Exports of goods and services in Bermuda, year by year
| Year | annual % growth | Change |
|---|---|---|
| 2015 | 4.3% | — |
| 2016 | 7.3% | +68.6% |
| 2017 | -10.2% | -239.6% |
| 2018 | 5.9% | -157.2% |
| 2019 | -3.3% | -156.0% |
| 2020 | -9.9% | +200.9% |
| 2021 | 4.2% | -142.8% |
| 2022 | 9.8% | +132.4% |
| 2023 | 6.3% | -35.4% |
| 2024 | 11.0% | +72.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 0.8% | -10.2% | 7.3% | 5 |
| 2020s | 4.3% | -9.9% | 11.0% | 5 |
Countries ranked near Bermuda
- 27 Côte d'Ivoire 12.3% compare
- 28 Namibia 11.8% compare
- 29 Hong Kong, China 11.2% compare
- 31 Singapore 10.8% compare
- 32 Lao People's Democratic Republic 10.5%
- 33 Bangladesh 10.0% compare
More economy & growth data for Bermuda
- Agriculture, forestry, and fishing, value added (constant 2015 US$) -0.1534 % change on previous year (2024)
- External balance on goods and services (current LCU), annual growth 15.37 % change on previous year (2024)
- Agriculture, forestry, and fishing, value added (current LCU), annual -0.8174 % change on previous year (2024)
- Agriculture, forestry, and fishing, value added (current LCU), per 0.0018 current LCU per US$ of GDP (2024)
- Agriculture, forestry, and fishing, value added (current LCU), per 253.44 current LCU per person (2024)
- Agriculture, forestry, and fishing, value added (constant 2015 US$) 233.62 constant 2015 US$ per person (2024)
- Agriculture, forestry, and fishing, value added (constant LCU), per 0.0016 constant LCU per US$ of GDP (2024)
- Agriculture, forestry, and fishing, value added (constant LCU) -0.1535 % change on previous year (2024)
- External balance on goods and services (current US$), annual growth 15.37 % change on previous year (2024)
- Agriculture, forestry, and fishing, value added (constant 2015 US$) 0.0016 constant 2015 US$ per US$ of GDP (2024)
Frequently asked questions
- What is exports of goods and services in Bermuda?
- Exports of goods and services in Bermuda was 11.0% in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest exports of goods and services recorded in Bermuda?
- The highest recorded value was 11.0% in 2024.
- What is the lowest exports of goods and services recorded in Bermuda?
- The lowest recorded value was -10.2% in 2017.
- How does Bermuda rank for exports of goods and services?
- Bermuda ranks 30th out of 178 countries with data for 2024.
- Is exports of goods and services rising or falling in Bermuda?
- Over the last ten years it is up 152.3%. The long-run trend across the full record is volatile.
- Where does this Bermuda data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Exports of goods and services (annual % growth). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 10 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Exports of goods includes changes in the economic ownership of goods from residents of the compiling economy to non-residents, irrespective of physical movement of goods across national borders. Exports of services includes services provided by residents to non-residents. This indicator denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.