Exports of goods, services and primary income (BoP, current US$), per in Bermuda
Bermuda: Exports of goods, services and primary income (BoP, current US$), per was 0.5069 BoP, current US$ per US$ of GDP in 2023. ▼ Falling
Exports of goods, services and primary income (BoP, current US$), per in Bermuda, 2006–2023
Source: Statizoid (derived). Measured in BoP, current US$ per US$ of GDP.
Analysis
In 2023, exports of goods, services and primary income (bop, current us$), per in Bermuda stood at 0.5069 BoP, current US$ per US$ of GDP.
The figure is up 4.5% on the previous year and down 12.1% over ten years.
Over the whole period, exports of goods, services and primary income (bop, current us$), per in Bermuda peaked at 0.6003 BoP, current US$ per US$ of GDP in 2007 and was at its lowest, 0.4454 BoP, current US$ per US$ of GDP, in 2020.
Bermuda ranks 76th of 198 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.
Exports of goods, services and primary income (BoP, current US$), per in Bermuda, year by year
| Year | BoP, current US$ per US$ of GDP | Change |
|---|---|---|
| 2006 | 0.5759 BoP, current US$ per US$ of GDP | — |
| 2007 | 0.6003 BoP, current US$ per US$ of GDP | +4.2% |
| 2008 | 0.544 BoP, current US$ per US$ of GDP | -9.4% |
| 2009 | 0.4701 BoP, current US$ per US$ of GDP | -13.6% |
| 2010 | 0.4749 BoP, current US$ per US$ of GDP | +1.0% |
| 2011 | 0.499 BoP, current US$ per US$ of GDP | +5.1% |
| 2012 | 0.4893 BoP, current US$ per US$ of GDP | -1.9% |
| 2013 | 0.5767 BoP, current US$ per US$ of GDP | +17.9% |
| 2014 | 0.5028 BoP, current US$ per US$ of GDP | -12.8% |
| 2015 | 0.4802 BoP, current US$ per US$ of GDP | -4.5% |
| 2016 | 0.4716 BoP, current US$ per US$ of GDP | -1.8% |
| 2017 | 0.4868 BoP, current US$ per US$ of GDP | +3.2% |
| 2018 | 0.49 BoP, current US$ per US$ of GDP | +0.7% |
| 2019 | 0.4927 BoP, current US$ per US$ of GDP | +0.6% |
| 2020 | 0.4454 BoP, current US$ per US$ of GDP | -9.6% |
| 2021 | 0.4493 BoP, current US$ per US$ of GDP | +0.9% |
| 2022 | 0.485 BoP, current US$ per US$ of GDP | +8.0% |
| 2023 | 0.5069 BoP, current US$ per US$ of GDP | +4.5% |
Bermuda compared with similar countries
- Bermuda's 0.5069 BoP, current US$ per US$ of GDP is below the median for high income countries, which is 0.587 BoP, current US$ per US$ of GDP, 86% of the median. (72 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.5476 BoP, current US$ per US$ of GDP | 0.4701 BoP, current US$ per US$ of GDP | 0.6003 BoP, current US$ per US$ of GDP | 4 |
| 2010s | 0.4964 BoP, current US$ per US$ of GDP | 0.4716 BoP, current US$ per US$ of GDP | 0.5767 BoP, current US$ per US$ of GDP | 10 |
| 2020s | 0.4716 BoP, current US$ per US$ of GDP | 0.4454 BoP, current US$ per US$ of GDP | 0.5069 BoP, current US$ per US$ of GDP | 4 |
Countries ranked near Bermuda
- 73 Georgia 0.5226 BoP, current US$ per US$ of GDP compare
- 74 Portugal 0.5222 BoP, current US$ per US$ of GDP compare
- 75 Zambia 0.5076 BoP, current US$ per US$ of GDP compare
- 77 Belize 0.5051 BoP, current US$ per US$ of GDP compare
- 78 South Korea 0.5032 BoP, current US$ per US$ of GDP compare
- 79 Trinidad and Tobago 0.4981 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, services and primary income (bop, current us$), per in Bermuda?
- Exports of goods, services and primary income (bop, current us$), per in Bermuda was 0.5069 BoP, current US$ per US$ of GDP in 2023, according to Statizoid (derived).
- What is the highest exports of goods, services and primary income (bop, current us$), per recorded in Bermuda?
- The highest recorded value was 0.6003 BoP, current US$ per US$ of GDP in 2007.
- What is the lowest exports of goods, services and primary income (bop, current us$), per recorded in Bermuda?
- The lowest recorded value was 0.4454 BoP, current US$ per US$ of GDP in 2020.
- How does Bermuda rank for exports of goods, services and primary income (bop, current us$), per?
- Bermuda ranks 76th out of 198 countries with data for 2023.
- Is exports of goods, services and primary income (bop, current us$), per rising or falling in Bermuda?
- Over the last ten years it is down 12.1%. 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, services and primary income (BoP, current US$), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Exports of goods, services and primary income (BoP, current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Exports of goods, services and primary income (BoP, current US$) ÷ GDP (current US$)
Computed from
- Exports of goods, services and primary income Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Exports of goods, services and primary income (BoP, current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.