ICT service exports (BoP, current US$), per unit of GDP in Bermuda
Bermuda: ICT service exports (BoP, current US$), per unit of GDP was 0.0047 BoP, current US$ per US$ of GDP in 2023. ▼ Falling
ICT service 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
Bermuda recorded 0.0047 BoP, current US$ per US$ of GDP for ict service exports (bop, current us$), per unit of gdp in 2023.
The figure is down 17.9% on the previous year and down 62.5% over ten years.
Over the whole period, ict service exports (bop, current us$), per unit of gdp in Bermuda peaked at 0.0191 BoP, current US$ per US$ of GDP in 2006 and was at its lowest, 0.0043 BoP, current US$ per US$ of GDP, in 2021.
Bermuda ranks 90th of 188 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.
ICT service exports (BoP, current US$), per unit of GDP in Bermuda, year by year
| Year | BoP, current US$ per US$ of GDP | Change |
|---|---|---|
| 2006 | 0.0191 BoP, current US$ per US$ of GDP | — |
| 2007 | 0.0161 BoP, current US$ per US$ of GDP | -16.1% |
| 2008 | 0.0145 BoP, current US$ per US$ of GDP | -9.7% |
| 2009 | 0.0148 BoP, current US$ per US$ of GDP | +2.1% |
| 2010 | 0.0124 BoP, current US$ per US$ of GDP | -15.9% |
| 2011 | 0.0124 BoP, current US$ per US$ of GDP | -0.4% |
| 2012 | 0.0133 BoP, current US$ per US$ of GDP | +7.1% |
| 2013 | 0.0125 BoP, current US$ per US$ of GDP | -6.0% |
| 2014 | 0.0101 BoP, current US$ per US$ of GDP | -19.2% |
| 2015 | 0.0106 BoP, current US$ per US$ of GDP | +5.5% |
| 2016 | 0.01 BoP, current US$ per US$ of GDP | -6.2% |
| 2017 | 0.0093 BoP, current US$ per US$ of GDP | -6.4% |
| 2018 | 0.0108 BoP, current US$ per US$ of GDP | +15.3% |
| 2019 | 0.0107 BoP, current US$ per US$ of GDP | -1.1% |
| 2020 | 0.0095 BoP, current US$ per US$ of GDP | -11.1% |
| 2021 | 0.0043 BoP, current US$ per US$ of GDP | -54.8% |
| 2022 | 0.0057 BoP, current US$ per US$ of GDP | +33.0% |
| 2023 | 0.0047 BoP, current US$ per US$ of GDP | -17.9% |
Bermuda compared with similar countries
- Bermuda's 0.0047 BoP, current US$ per US$ of GDP is below the median for high income countries, which is 0.0129 BoP, current US$ per US$ of GDP, 36% of the median. (68 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.0161 BoP, current US$ per US$ of GDP | 0.0145 BoP, current US$ per US$ of GDP | 0.0191 BoP, current US$ per US$ of GDP | 4 |
| 2010s | 0.0112 BoP, current US$ per US$ of GDP | 0.0093 BoP, current US$ per US$ of GDP | 0.0133 BoP, current US$ per US$ of GDP | 10 |
| 2020s | 0.006 BoP, current US$ per US$ of GDP | 0.0043 BoP, current US$ per US$ of GDP | 0.0095 BoP, current US$ per US$ of GDP | 4 |
Countries ranked near Bermuda
- 87 Micronesia (country) 0.0049 BoP, current US$ per US$ of GDP compare
- 88 Togo 0.0048 BoP, current US$ per US$ of GDP compare
- 89 Seychelles 0.0047 BoP, current US$ per US$ of GDP compare
- 91 Saint Lucia 0.0046 BoP, current US$ per US$ of GDP compare
- 92 Dominica 0.0044 BoP, current US$ per US$ of GDP compare
- 93 Kazakhstan 0.0044 BoP, current US$ per US$ of GDP 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$), per unit of gdp in Bermuda?
- Ict service exports (bop, current us$), per unit of gdp in Bermuda was 0.0047 BoP, current US$ per US$ of GDP in 2023, according to Statizoid (derived).
- What is the highest ict service exports (bop, current us$), per unit of gdp recorded in Bermuda?
- The highest recorded value was 0.0191 BoP, current US$ per US$ of GDP in 2006.
- What is the lowest ict service exports (bop, current us$), per unit of gdp recorded in Bermuda?
- The lowest recorded value was 0.0043 BoP, current US$ per US$ of GDP in 2021.
- How does Bermuda rank for ict service exports (bop, current us$), per unit of gdp?
- Bermuda ranks 90th out of 188 countries with data for 2023.
- Is ict service exports (bop, current us$), per unit of gdp rising or falling in Bermuda?
- Over the last ten years it is down 62.5%. 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 ICT service exports (BoP, current US$), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
ICT service exports (BoP, current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
ICT service exports (BoP, current US$) ÷ GDP (current US$)
Computed from
- ICT service exports Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
ICT service exports (BoP, current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.