Exports of goods and services (current US$), annual growth rate in Bermuda
Bermuda: Exports of goods and services (current US$), annual growth rate was 11.72 % change on previous year in 2024. ◆ Volatile
Exports of goods and services (current US$), annual growth rate in Bermuda, 2011–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2024, exports of goods and services (current us$), annual growth rate in Bermuda stood at 11.72 % change on previous year.
Compared with earlier readings it is down 19.7% on the previous year and up 802.0% over ten years.
Over the whole period, exports of goods and services (current us$), annual growth rate in Bermuda peaked at 14.59 % change on previous year in 2023 and was at its lowest, -15.49 % change on previous year, in 2020.
Bermuda ranks 54th of 192 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Exports of goods and services (current US$), annual growth rate in Bermuda, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 2011 | -1.58 % change on previous year | — |
| 2012 | -2.86 % change on previous year | +80.6% |
| 2013 | 3.58 % change on previous year | -225.2% |
| 2014 | -1.67 % change on previous year | -146.6% |
| 2015 | 1.34 % change on previous year | -180.1% |
| 2016 | 2.36 % change on previous year | +76.4% |
| 2017 | 1.85 % change on previous year | -21.5% |
| 2018 | 7.3 % change on previous year | +294.3% |
| 2019 | 3.26 % change on previous year | -55.3% |
| 2020 | -15.49 % change on previous year | -574.9% |
| 2021 | 7.57 % change on previous year | -148.9% |
| 2022 | 13.42 % change on previous year | +77.4% |
| 2023 | 14.59 % change on previous year | +8.7% |
| 2024 | 11.72 % change on previous year | -19.7% |
Bermuda compared with similar countries
- Bermuda's 11.72 % change on previous year is above the median for high income countries, which is 6.7 % change on previous year, 1.7× the median. (72 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 1.51 % change on previous year | -2.86 % change on previous year | 7.3 % change on previous year | 9 |
| 2020s | 6.36 % change on previous year | -15.49 % change on previous year | 14.59 % change on previous year | 5 |
Countries ranked near Bermuda
- 51 Serbia 12.46 % change on previous year compare
- 52 Moldova 12.43 % change on previous year compare
- 53 United States Virgin Islands 11.8 % change on previous year compare
- 55 Romania 11.68 % change on previous year compare
- 56 Malta 11.49 % change on previous year compare
- 57 Thailand 11.3 % change on previous year compare
More economy & growth data for Bermuda
- General government final consumption expenditure (current LCU) 4.44 % change on previous year (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 US$) 4.44 % change on previous year (2024)
- General government final consumption expenditure (current US$), per 0.1072 current US$ per US$ of GDP (2024)
- General government final consumption expenditure (current US$), per 15,245 current US$ per person (2024)
Frequently asked questions
- What is exports of goods and services (current us$), annual growth rate in Bermuda?
- Exports of goods and services (current us$), annual growth rate in Bermuda was 11.72 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest exports of goods and services (current us$), annual growth rate recorded in Bermuda?
- The highest recorded value was 14.59 % change on previous year in 2023.
- What is the lowest exports of goods and services (current us$), annual growth rate recorded in Bermuda?
- The lowest recorded value was -15.49 % change on previous year in 2020.
- How does Bermuda rank for exports of goods and services (current us$), annual growth rate?
- Bermuda ranks 54th out of 192 countries with data for 2024.
- Is exports of goods and services (current us$), annual growth rate rising or falling in Bermuda?
- Over the last ten years it is up 802.0%. The long-run trend across the full record is volatile.
- Where does this Bermuda data come from?
- The figures come from Statizoid (derived), published as part of Exports of goods and services (current US$), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 14 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Exports of goods and services (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Exports of goods and services Country official statistics, National Statistical Offices (NSOs)
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
The year-on-year percentage change in Exports of goods and services (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.