Exports of goods and services in Bermuda
Bermuda: Exports of goods and services was 3.99 billion constant 2015 US$ in 2024. ▲ Rising
Exports of goods and services in Bermuda, 2014–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant 2015 US$.
Analysis
Bermuda recorded 3.99 billion constant 2015 US$ for exports of goods and services in 2024. That is the highest value across all 11 years on record.
That represents a change of up 11.0% on the previous year and up 25.3% over ten years.
Over the whole period, exports of goods and services in Bermuda peaked at 3.99 billion constant 2015 US$ in 2024 and was at its lowest, 2.96 billion constant 2015 US$, in 2020.
Bermuda ranks 131st of 171 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 11 years of available data.
Exports of goods and services in Bermuda, year by year
| Year | constant 2015 US$ | Change |
|---|---|---|
| 2014 | 3.19 billion constant 2015 US$ | — |
| 2015 | 3.33 billion constant 2015 US$ | +4.3% |
| 2016 | 3.57 billion constant 2015 US$ | +7.3% |
| 2017 | 3.20 billion constant 2015 US$ | -10.2% |
| 2018 | 3.39 billion constant 2015 US$ | +5.9% |
| 2019 | 3.28 billion constant 2015 US$ | -3.3% |
| 2020 | 2.96 billion constant 2015 US$ | -9.9% |
| 2021 | 3.08 billion constant 2015 US$ | +4.2% |
| 2022 | 3.38 billion constant 2015 US$ | +9.8% |
| 2023 | 3.60 billion constant 2015 US$ | +6.3% |
| 2024 | 3.99 billion constant 2015 US$ | +11.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 3.33 billion constant 2015 US$ | 3.19 billion constant 2015 US$ | 3.57 billion constant 2015 US$ | 6 |
| 2020s | 3.40 billion constant 2015 US$ | 2.96 billion constant 2015 US$ | 3.99 billion constant 2015 US$ | 5 |
Countries ranked near Bermuda
- 128 Kosovo 4.13 billion constant 2015 US$ compare
- 129 Benin 4.08 billion constant 2015 US$ compare
- 130 Mali 4.05 billion constant 2015 US$ compare
- 132 Sudan 3.98 billion constant 2015 US$ compare
- 133 Equatorial Guinea 3.51 billion constant 2015 US$ compare
- 134 Zimbabwe 3.41 billion constant 2015 US$ compare
More economy & growth data for Bermuda
- 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) (current US$), annual growth 6.98 % change on previous year (2024)
- Gross value added at basic prices (GVA) (current US$), per unit of GDP 0.9638 current US$ per US$ of GDP (2024)
- Gross value added at basic prices (GVA) (current US$), per capita 137,106 current US$ per person (2024)
- Gross value added at basic prices (GVA) (current LCU), annual growth 6.98 % change on previous year (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)
- GDP (current LCU), per unit of GDP 1 current LCU 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 3.99 billion constant 2015 US$ 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 3.99 billion constant 2015 US$ in 2024.
- What is the lowest exports of goods and services recorded in Bermuda?
- The lowest recorded value was 2.96 billion constant 2015 US$ in 2020.
- How does Bermuda rank for exports of goods and services?
- Bermuda ranks 131st out of 171 countries with data for 2024.
- Is exports of goods and services rising or falling in Bermuda?
- Over the last ten years it is up 25.3%. The long-run trend across the full record is rising.
- 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 (constant 2015 US$). Statizoid updates them automatically from the source API.
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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 is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2015. This indicator is expressed in United States dollars.