Goods exports (BoP, current US$), per unit of GDP in Bermuda
Bermuda: Goods exports (BoP, current US$), per unit of GDP was 0.0014 BoP, current US$ per US$ of GDP in 2023. ▼ Falling
Goods exports (BoP, current US$), per unit of GDP in Bermuda, 2006–2023
Source: Statizoid (derived). Measured in BoP, current US$ per US$ of GDP.
Analysis
The most recent figure for goods exports (bop, current us$), per unit of gdp in Bermuda is 0.0014 BoP, current US$ per US$ of GDP, measured in 2023.
That represents a change of down 42.0% on the previous year and down 30.9% over ten years.
Over the whole period, goods exports (bop, current us$), per unit of gdp in Bermuda peaked at 0.0043 BoP, current US$ per US$ of GDP in 2009 and was at its lowest, 0.0013 BoP, current US$ per US$ of GDP, in 2021.
Bermuda ranks 199th of 199 countries on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 18 years of available data.
Goods exports (BoP, current US$), per unit of GDP in Bermuda, year by year
| Year | BoP, current US$ per US$ of GDP | Change |
|---|---|---|
| 2006 | 0.0041 BoP, current US$ per US$ of GDP | — |
| 2007 | 0.0037 BoP, current US$ per US$ of GDP | -9.7% |
| 2008 | 0.0034 BoP, current US$ per US$ of GDP | -9.9% |
| 2009 | 0.0043 BoP, current US$ per US$ of GDP | +27.8% |
| 2010 | 0.0022 BoP, current US$ per US$ of GDP | -48.6% |
| 2011 | 0.002 BoP, current US$ per US$ of GDP | -9.6% |
| 2012 | 0.0017 BoP, current US$ per US$ of GDP | -12.7% |
| 2013 | 0.002 BoP, current US$ per US$ of GDP | +12.3% |
| 2014 | 0.0033 BoP, current US$ per US$ of GDP | +68.0% |
| 2015 | 0.0032 BoP, current US$ per US$ of GDP | -2.3% |
| 2016 | 0.0027 BoP, current US$ per US$ of GDP | -14.7% |
| 2017 | 0.0026 BoP, current US$ per US$ of GDP | -4.7% |
| 2018 | 0.0023 BoP, current US$ per US$ of GDP | -12.0% |
| 2019 | 0.0024 BoP, current US$ per US$ of GDP | +5.2% |
| 2020 | 0.0016 BoP, current US$ per US$ of GDP | -35.6% |
| 2021 | 0.0013 BoP, current US$ per US$ of GDP | -19.7% |
| 2022 | 0.0023 BoP, current US$ per US$ of GDP | +86.4% |
| 2023 | 0.0014 BoP, current US$ per US$ of GDP | -42.0% |
Bermuda compared with similar countries
- Bermuda's 0.0014 BoP, current US$ per US$ of GDP is below the median for high income countries, which is 0.2502 BoP, current US$ per US$ of GDP, 1% of the median. (72 countries reporting)
Biggest year-on-year movements
Years where Goods exports (BoP, current US$), per unit of GDP in Bermuda changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2022 | +86.4% | 0.0013 BoP, current US$ per US$ of GDP | 0.0023 BoP, current US$ per US$ of GDP |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.0039 BoP, current US$ per US$ of GDP | 0.0034 BoP, current US$ per US$ of GDP | 0.0043 BoP, current US$ per US$ of GDP | 4 |
| 2010s | 0.0025 BoP, current US$ per US$ of GDP | 0.0017 BoP, current US$ per US$ of GDP | 0.0033 BoP, current US$ per US$ of GDP | 10 |
| 2020s | 0.0016 BoP, current US$ per US$ of GDP | 0.0013 BoP, current US$ per US$ of GDP | 0.0023 BoP, current US$ per US$ of GDP | 4 |
Countries ranked near Bermuda
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 goods exports (bop, current us$), per unit of gdp in Bermuda?
- Goods exports (bop, current us$), per unit of gdp in Bermuda was 0.0014 BoP, current US$ per US$ of GDP in 2023, according to Statizoid (derived).
- What is the highest goods exports (bop, current us$), per unit of gdp recorded in Bermuda?
- The highest recorded value was 0.0043 BoP, current US$ per US$ of GDP in 2009.
- What is the lowest goods exports (bop, current us$), per unit of gdp recorded in Bermuda?
- The lowest recorded value was 0.0013 BoP, current US$ per US$ of GDP in 2021.
- How does Bermuda rank for goods exports (bop, current us$), per unit of gdp?
- Bermuda ranks 199th out of 199 countries with data for 2023.
- Is goods exports (bop, current us$), per unit of gdp rising or falling in Bermuda?
- Over the last ten years it is down 30.9%. 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 Goods exports (BoP, current US$), per unit of GDP. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 18 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Goods exports (BoP, current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Goods exports (BoP, current US$) ÷ GDP (current US$)
Computed from
- Goods exports Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Goods exports (BoP, current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.