ICT service exports (BoP, current US$), annual growth rate in Bermuda
Bermuda: ICT service exports (BoP, current US$), annual growth rate was -9.11 % change on previous year in 2023. ◆ Volatile
ICT service exports (BoP, current US$), annual growth rate in Bermuda, 2007–2023
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Bermuda recorded -9.11 % change on previous year for ict service exports (bop, current us$), annual growth rate in 2023.
The figure is down 121.8% on the previous year and down 95.2% over ten years.
Over the whole period, ict service exports (bop, current us$), annual growth rate in Bermuda peaked at 41.71 % change on previous year in 2022 and was at its lowest, -52.14 % change on previous year, in 2021.
That places Bermuda 151st out of 189 countries with data for 2023, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
ICT service exports (BoP, current US$), annual growth rate in Bermuda, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 2007 | -7.54 % change on previous year | — |
| 2008 | -6.91 % change on previous year | -8.4% |
| 2009 | -2.67 % change on previous year | -61.4% |
| 2010 | -16.2 % change on previous year | +507.7% |
| 2011 | -5.24 % change on previous year | -67.7% |
| 2012 | 8.18 % change on previous year | -256.0% |
| 2013 | -4.67 % change on previous year | -157.1% |
| 2014 | -19.83 % change on previous year | +324.8% |
| 2015 | 9.44 % change on previous year | -147.6% |
| 2016 | -2.78 % change on previous year | -129.5% |
| 2017 | -3.07 % change on previous year | +10.4% |
| 2018 | 16.67 % change on previous year | -642.6% |
| 2019 | 1.58 % change on previous year | -90.5% |
| 2020 | -17.48 % change on previous year | -1208.2% |
| 2021 | -52.14 % change on previous year | +198.3% |
| 2022 | 41.71 % change on previous year | -180.0% |
| 2023 | -9.11 % change on previous year | -121.8% |
Bermuda compared with similar countries
- Bermuda's -9.11 % change on previous year is below the median for high income countries, which is 8.3 % change on previous year. (68 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -5.71 % change on previous year | -7.54 % change on previous year | -2.67 % change on previous year | 3 |
| 2010s | -1.59 % change on previous year | -19.83 % change on previous year | 16.67 % change on previous year | 10 |
| 2020s | -9.26 % change on previous year | -52.14 % change on previous year | 41.71 % change on previous year | 4 |
Countries ranked near Bermuda
- 148 French Polynesia -7.82 % change on previous year compare
- 149 Guatemala -7.86 % change on previous year compare
- 150 Palau -8.38 % change on previous year compare
- 152 Cape Verde -9.48 % change on previous year compare
- 153 Nicaragua -10.02 % change on previous year compare
- 154 Thailand -10.23 % change on previous year compare
More economy & growth data for Bermuda
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0128 BoP, current US$ 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 capita 1,823 BoP, current US$ per person (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 ict service exports (bop, current us$), annual growth rate in Bermuda?
- Ict service exports (bop, current us$), annual growth rate in Bermuda was -9.11 % change on previous year in 2023, according to Statizoid (derived).
- What is the highest ict service exports (bop, current us$), annual growth rate recorded in Bermuda?
- The highest recorded value was 41.71 % change on previous year in 2022.
- What is the lowest ict service exports (bop, current us$), annual growth rate recorded in Bermuda?
- The lowest recorded value was -52.14 % change on previous year in 2021.
- How does Bermuda rank for ict service exports (bop, current us$), annual growth rate?
- Bermuda ranks 151st out of 189 countries with data for 2023.
- Is ict service exports (bop, current us$), annual growth rate rising or falling in Bermuda?
- Over the last ten years it is down 95.2%. 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 ICT service exports (BoP, current US$), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 17 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in ICT service exports (BoP, current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- ICT service exports Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF)
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 ICT service exports (BoP, current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.