Exports of goods and services (BoP, current US$), per unit of GDP in Bermuda
Bermuda: Exports of goods and services (BoP, current US$), per unit of GDP was 0.1858 BoP, current US$ per US$ of GDP in 2023. ▼ Falling
Exports of goods and services (BoP, current US$), per unit of GDP in Bermuda, 2006–2023
Source: Statizoid (derived). Measured in BoP, current US$ per US$ of GDP.
Analysis
In 2023, exports of goods and services (bop, current us$), per unit of gdp in Bermuda stood at 0.1858 BoP, current US$ per US$ of GDP.
Compared with earlier readings it is up 1.3% on the previous year and down 13.6% over ten years.
Over the whole period, exports of goods and services (bop, current us$), per unit of gdp in Bermuda peaked at 0.2633 BoP, current US$ per US$ of GDP in 2006 and was at its lowest, 0.1492 BoP, current US$ per US$ of GDP, in 2020.
That places Bermuda 169th out of 199 countries with data for 2023, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 18 years of available data.
Exports of goods and services (BoP, current US$), per unit of GDP in Bermuda, year by year
| Year | BoP, current US$ per US$ of GDP | Change |
|---|---|---|
| 2006 | 0.2633 BoP, current US$ per US$ of GDP | — |
| 2007 | 0.241 BoP, current US$ per US$ of GDP | -8.5% |
| 2008 | 0.2132 BoP, current US$ per US$ of GDP | -11.5% |
| 2009 | 0.2036 BoP, current US$ per US$ of GDP | -4.5% |
| 2010 | 0.2134 BoP, current US$ per US$ of GDP | +4.8% |
| 2011 | 0.2329 BoP, current US$ per US$ of GDP | +9.1% |
| 2012 | 0.2195 BoP, current US$ per US$ of GDP | -5.8% |
| 2013 | 0.2151 BoP, current US$ per US$ of GDP | -2.0% |
| 2014 | 0.2107 BoP, current US$ per US$ of GDP | -2.1% |
| 2015 | 0.1893 BoP, current US$ per US$ of GDP | -10.2% |
| 2016 | 0.1904 BoP, current US$ per US$ of GDP | +0.6% |
| 2017 | 0.1953 BoP, current US$ per US$ of GDP | +2.6% |
| 2018 | 0.2194 BoP, current US$ per US$ of GDP | +12.3% |
| 2019 | 0.2162 BoP, current US$ per US$ of GDP | -1.5% |
| 2020 | 0.1492 BoP, current US$ per US$ of GDP | -31.0% |
| 2021 | 0.1558 BoP, current US$ per US$ of GDP | +4.4% |
| 2022 | 0.1835 BoP, current US$ per US$ of GDP | +17.8% |
| 2023 | 0.1858 BoP, current US$ per US$ of GDP | +1.3% |
Bermuda compared with similar countries
- Bermuda's 0.1858 BoP, current US$ per US$ of GDP is below the median for high income countries, which is 0.5197 BoP, current US$ per US$ of GDP, 36% of the median. (72 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.2303 BoP, current US$ per US$ of GDP | 0.2036 BoP, current US$ per US$ of GDP | 0.2633 BoP, current US$ per US$ of GDP | 4 |
| 2010s | 0.2102 BoP, current US$ per US$ of GDP | 0.1893 BoP, current US$ per US$ of GDP | 0.2329 BoP, current US$ per US$ of GDP | 10 |
| 2020s | 0.1686 BoP, current US$ per US$ of GDP | 0.1492 BoP, current US$ per US$ of GDP | 0.1858 BoP, current US$ per US$ of GDP | 4 |
Countries ranked near Bermuda
- 166 Zimbabwe 0.1987 BoP, current US$ per US$ of GDP compare
- 167 Sri Lanka 0.1976 BoP, current US$ per US$ of GDP compare
- 168 Algeria 0.197 BoP, current US$ per US$ of GDP compare
- 170 Russia 0.1829 BoP, current US$ per US$ of GDP compare
- 171 Brazil 0.1776 BoP, current US$ per US$ of GDP compare
- 172 Kenya 0.1706 BoP, current US$ per US$ of GDP 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 exports of goods and services (bop, current us$), per unit of gdp in Bermuda?
- Exports of goods and services (bop, current us$), per unit of gdp in Bermuda was 0.1858 BoP, current US$ per US$ of GDP in 2023, according to Statizoid (derived).
- What is the highest exports of goods and services (bop, current us$), per unit of gdp recorded in Bermuda?
- The highest recorded value was 0.2633 BoP, current US$ per US$ of GDP in 2006.
- What is the lowest exports of goods and services (bop, current us$), per unit of gdp recorded in Bermuda?
- The lowest recorded value was 0.1492 BoP, current US$ per US$ of GDP in 2020.
- How does Bermuda rank for exports of goods and services (bop, current us$), per unit of gdp?
- Bermuda ranks 169th out of 199 countries with data for 2023.
- Is exports of goods and services (bop, current us$), per unit of gdp rising or falling in Bermuda?
- Over the last ten years it is down 13.6%. The long-run trend across the full record is falling.
- Where does this Bermuda data come from?
- The figures come from Statizoid (derived), published as part of Exports of goods and services (BoP, current US$), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Exports of goods and services (BoP, current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Exports of goods and services (BoP, current US$) ÷ GDP (current US$)
Computed from
- Exports of goods and services Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Exports of goods and services (BoP, current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.