External balance on goods and services (current LCU), annual growth in Bermuda
Bermuda: External balance on goods and services (current LCU), annual growth was 15.37 % change on previous year in 2024. ◆ Volatile
External balance on goods and services (current LCU), annual growth in Bermuda, 2011–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for external balance on goods and services (current lcu), annual growth in Bermuda is 15.37 % change on previous year, measured in 2024.
The figure is down 46.3% on the previous year and up 405.2% over ten years.
Over the whole period, external balance on goods and services (current lcu), annual growth in Bermuda peaked at 28.62 % change on previous year in 2023 and was at its lowest, -15.26 % change on previous year, in 2020.
Bermuda ranks 50th 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.
External balance on goods and services (current LCU), annual growth in Bermuda, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 2011 | 1.54 % change on previous year | — |
| 2012 | -4.45 % change on previous year | -389.1% |
| 2013 | 0.3067 % change on previous year | -106.9% |
| 2014 | -5.03 % change on previous year | -1741.3% |
| 2015 | 7.13 % change on previous year | -241.6% |
| 2016 | 0.8234 % change on previous year | -88.5% |
| 2017 | -1.39 % change on previous year | -268.3% |
| 2018 | 4.12 % change on previous year | -397.2% |
| 2019 | 4.85 % change on previous year | +17.8% |
| 2020 | -15.26 % change on previous year | -414.7% |
| 2021 | 2.24 % change on previous year | -114.7% |
| 2022 | 11.8 % change on previous year | +426.4% |
| 2023 | 28.62 % change on previous year | +142.5% |
| 2024 | 15.37 % change on previous year | -46.3% |
Bermuda compared with similar countries
- Bermuda's 15.37 % change on previous year is above the median for high income countries, which is 0.3851 % change on previous year, 39.9× the median. (72 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 0.8774 % change on previous year | -5.03 % change on previous year | 7.13 % change on previous year | 9 |
| 2020s | 8.55 % change on previous year | -15.26 % change on previous year | 28.62 % change on previous year | 5 |
Countries ranked near Bermuda
- 47 Georgia 16.43 % change on previous year compare
- 48 New Caledonia 16.35 % change on previous year compare
- 49 Albania 15.82 % change on previous year compare
- 51 Greece 14.46 % change on previous year compare
- 52 Palau 13.63 % change on previous year compare
- 53 Macao 12.94 % 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 external balance on goods and services (current lcu), annual growth in Bermuda?
- External balance on goods and services (current lcu), annual growth in Bermuda was 15.37 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest external balance on goods and services (current lcu), annual growth recorded in Bermuda?
- The highest recorded value was 28.62 % change on previous year in 2023.
- What is the lowest external balance on goods and services (current lcu), annual growth recorded in Bermuda?
- The lowest recorded value was -15.26 % change on previous year in 2020.
- How does Bermuda rank for external balance on goods and services (current lcu), annual growth?
- Bermuda ranks 50th out of 192 countries with data for 2024.
- Is external balance on goods and services (current lcu), annual growth rising or falling in Bermuda?
- Over the last ten years it is up 405.2%. 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 External balance on goods and services (current LCU), 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 External balance on goods and services (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- External balance on goods and services 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
The year-on-year percentage change in External balance on goods and services (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.