ICT service exports (BoP, current US$) in Bermuda
Bermuda: ICT service exports was 40.22 million BoP, current US$ in 2023. ▼ Falling
ICT service exports in Bermuda, 2006–2023
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
Bermuda recorded 40.22 million BoP, current US$ for ict service exports in 2023.
The figure is down 9.1% on the previous year and down 50.2% over ten years.
Over the whole period, ict service exports in Bermuda peaked at 117.64 million BoP, current US$ in 2006 and was at its lowest, 31.23 million BoP, current US$, in 2021.
Bermuda ranks 129th of 189 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 18 years of available data.
ICT service exports in Bermuda, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 2006 | 117.64 million BoP, current US$ | — |
| 2007 | 108.77 million BoP, current US$ | -7.5% |
| 2008 | 101.25 million BoP, current US$ | -6.9% |
| 2009 | 98.55 million BoP, current US$ | -2.7% |
| 2010 | 82.58 million BoP, current US$ | -16.2% |
| 2011 | 78.26 million BoP, current US$ | -5.2% |
| 2012 | 84.65 million BoP, current US$ | +8.2% |
| 2013 | 80.70 million BoP, current US$ | -4.7% |
| 2014 | 64.70 million BoP, current US$ | -19.8% |
| 2015 | 70.81 million BoP, current US$ | +9.4% |
| 2016 | 68.84 million BoP, current US$ | -2.8% |
| 2017 | 66.72 million BoP, current US$ | -3.1% |
| 2018 | 77.85 million BoP, current US$ | +16.7% |
| 2019 | 79.07 million BoP, current US$ | +1.6% |
| 2020 | 65.25 million BoP, current US$ | -17.5% |
| 2021 | 31.23 million BoP, current US$ | -52.1% |
| 2022 | 44.25 million BoP, current US$ | +41.7% |
| 2023 | 40.22 million BoP, current US$ | -9.1% |
Bermuda compared with similar countries
- Bermuda's 40.22 million BoP, current US$ is below the median for high income countries, which is 2.68 billion BoP, current US$, 1% of the median. (68 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 106.55 million BoP, current US$ | 98.55 million BoP, current US$ | 117.64 million BoP, current US$ | 4 |
| 2010s | 75.42 million BoP, current US$ | 64.70 million BoP, current US$ | 84.65 million BoP, current US$ | 10 |
| 2020s | 45.24 million BoP, current US$ | 31.23 million BoP, current US$ | 65.25 million BoP, current US$ | 4 |
Countries ranked near Bermuda
- 126 Maldives 46.89 million BoP, current US$ compare
- 127 Ethiopia 42.59 million BoP, current US$ compare
- 128 Trinidad and Tobago 42.09 million BoP, current US$ compare
- 130 Guinea 36.86 million BoP, current US$ compare
- 131 Honduras 36.39 million BoP, current US$ compare
- 132 South Sudan 35.64 million BoP, current US$ 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 in Bermuda?
- Ict service exports in Bermuda was 40.22 million BoP, current US$ in 2023, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest ict service exports recorded in Bermuda?
- The highest recorded value was 117.64 million BoP, current US$ in 2006.
- What is the lowest ict service exports recorded in Bermuda?
- The lowest recorded value was 31.23 million BoP, current US$ in 2021.
- How does Bermuda rank for ict service exports?
- Bermuda ranks 129th out of 189 countries with data for 2023.
- Is ict service exports rising or falling in Bermuda?
- Over the last ten years it is down 50.2%. The long-run trend across the full record is falling.
- Where does this Bermuda data come from?
- The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of ICT service exports (BoP, current US$). Statizoid updates them automatically from the source API.
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About this data
Information and communication technology service exports include computer and communications services (telecommunications and postal and courier services) and information services (computer data and news-related service transactions). Data are in current U.S. dollars.