Goods imports (BoP, current US$), per unit of GDP in Bermuda
Bermuda: Goods imports (BoP, current US$), per unit of GDP was 0.1414 BoP, current US$ per US$ of GDP in 2023. ▼ Falling
Goods imports (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 imports (bop, current us$), per unit of gdp in Bermuda is 0.1414 BoP, current US$ per US$ of GDP, measured in 2023.
The figure is down 11.3% on the previous year and down 9.6% over ten years.
Over the whole period, goods imports (bop, current us$), per unit of gdp in Bermuda peaked at 0.1781 BoP, current US$ per US$ of GDP in 2006 and was at its lowest, 0.1346 BoP, current US$ per US$ of GDP, in 2020.
That places Bermuda 190th out of 199 countries with data for 2023, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 18 years of available data.
Goods imports (BoP, current US$), per unit of GDP in Bermuda, year by year
| Year | BoP, current US$ per US$ of GDP | Change |
|---|---|---|
| 2006 | 0.1781 BoP, current US$ per US$ of GDP | — |
| 2007 | 0.1723 BoP, current US$ per US$ of GDP | -3.3% |
| 2008 | 0.1661 BoP, current US$ per US$ of GDP | -3.6% |
| 2009 | 0.1599 BoP, current US$ per US$ of GDP | -3.7% |
| 2010 | 0.1489 BoP, current US$ per US$ of GDP | -6.9% |
| 2011 | 0.1426 BoP, current US$ per US$ of GDP | -4.2% |
| 2012 | 0.1412 BoP, current US$ per US$ of GDP | -1.0% |
| 2013 | 0.1564 BoP, current US$ per US$ of GDP | +10.8% |
| 2014 | 0.1511 BoP, current US$ per US$ of GDP | -3.4% |
| 2015 | 0.1412 BoP, current US$ per US$ of GDP | -6.5% |
| 2016 | 0.142 BoP, current US$ per US$ of GDP | +0.6% |
| 2017 | 0.1532 BoP, current US$ per US$ of GDP | +7.9% |
| 2018 | 0.1523 BoP, current US$ per US$ of GDP | -0.6% |
| 2019 | 0.1552 BoP, current US$ per US$ of GDP | +1.9% |
| 2020 | 0.1346 BoP, current US$ per US$ of GDP | -13.3% |
| 2021 | 0.1488 BoP, current US$ per US$ of GDP | +10.6% |
| 2022 | 0.1595 BoP, current US$ per US$ of GDP | +7.2% |
| 2023 | 0.1414 BoP, current US$ per US$ of GDP | -11.3% |
Bermuda compared with similar countries
- Bermuda's 0.1414 BoP, current US$ per US$ of GDP is below the median for high income countries, which is 0.3181 BoP, current US$ per US$ of GDP, 44% of the median. (72 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.1691 BoP, current US$ per US$ of GDP | 0.1599 BoP, current US$ per US$ of GDP | 0.1781 BoP, current US$ per US$ of GDP | 4 |
| 2010s | 0.1484 BoP, current US$ per US$ of GDP | 0.1412 BoP, current US$ per US$ of GDP | 0.1564 BoP, current US$ per US$ of GDP | 10 |
| 2020s | 0.1461 BoP, current US$ per US$ of GDP | 0.1346 BoP, current US$ per US$ of GDP | 0.1595 BoP, current US$ per US$ of GDP | 4 |
Countries ranked near Bermuda
- 187 Bangladesh 0.1447 BoP, current US$ per US$ of GDP compare
- 188 Venezuela 0.1447 BoP, current US$ per US$ of GDP compare
- 189 Bolivia 0.1425 BoP, current US$ per US$ of GDP compare
- 191 Iran 0.1388 BoP, current US$ per US$ of GDP
- 192 China 0.138 BoP, current US$ per US$ of GDP compare
- 193 Ethiopia 0.1311 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 goods imports (bop, current us$), per unit of gdp in Bermuda?
- Goods imports (bop, current us$), per unit of gdp in Bermuda was 0.1414 BoP, current US$ per US$ of GDP in 2023, according to Statizoid (derived).
- What is the highest goods imports (bop, current us$), per unit of gdp recorded in Bermuda?
- The highest recorded value was 0.1781 BoP, current US$ per US$ of GDP in 2006.
- What is the lowest goods imports (bop, current us$), per unit of gdp recorded in Bermuda?
- The lowest recorded value was 0.1346 BoP, current US$ per US$ of GDP in 2020.
- How does Bermuda rank for goods imports (bop, current us$), per unit of gdp?
- Bermuda ranks 190th out of 199 countries with data for 2023.
- Is goods imports (bop, current us$), per unit of gdp rising or falling in Bermuda?
- Over the last ten years it is down 9.6%. 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 imports (BoP, current US$), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Goods imports (BoP, current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Goods imports (BoP, current US$) ÷ GDP (current US$)
Computed from
- Goods imports Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Goods imports (BoP, current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.