Imports of goods and services in Bermuda
Bermuda: Imports of goods and services was 4.6% in 2024. ◆ Volatile
Imports of goods and services in Bermuda, 2015–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in annual % growth.
Analysis
The most recent figure for imports of goods and services in Bermuda is 4.6%, measured in 2024.
Compared with earlier readings it is down 20.1% on the previous year and up 406.6% over ten years.
Over the whole period, imports of goods and services in Bermuda peaked at 8.6% in 2021 and was at its lowest, -21.3%, in 2020.
Bermuda ranks 85th of 178 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Imports of goods and services in Bermuda, year by year
| Year | annual % growth | Change |
|---|---|---|
| 2015 | -1.5% | — |
| 2016 | 6.2% | -514.6% |
| 2017 | -3.3% | -152.7% |
| 2018 | 4.5% | -238.6% |
| 2019 | 1.2% | -73.1% |
| 2020 | -21.3% | -1852.3% |
| 2021 | 8.6% | -140.6% |
| 2022 | 8.6% | -0.8% |
| 2023 | 5.7% | -33.3% |
| 2024 | 4.6% | -20.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 1.4% | -3.3% | 6.2% | 5 |
| 2020s | 1.2% | -21.3% | 8.6% | 5 |
Countries ranked near Bermuda
More economy & growth data for Bermuda
- Agriculture, forestry, and fishing, value added (constant 2015 US$) -0.1534 % change on previous year (2024)
- External balance on goods and services (current LCU), annual growth 15.37 % change on previous year (2024)
- Agriculture, forestry, and fishing, value added (current LCU), annual -0.8174 % change on previous year (2024)
- Agriculture, forestry, and fishing, value added (current LCU), per 0.0018 current LCU per US$ of GDP (2024)
- Agriculture, forestry, and fishing, value added (current LCU), per 253.44 current LCU per person (2024)
- Agriculture, forestry, and fishing, value added (constant 2015 US$) 233.62 constant 2015 US$ per person (2024)
- Agriculture, forestry, and fishing, value added (constant LCU), per 0.0016 constant LCU per US$ of GDP (2024)
- Agriculture, forestry, and fishing, value added (constant LCU) -0.1535 % change on previous year (2024)
- External balance on goods and services (current US$), annual growth 15.37 % change on previous year (2024)
- Agriculture, forestry, and fishing, value added (constant 2015 US$) 0.0016 constant 2015 US$ per US$ of GDP (2024)
Frequently asked questions
- What is imports of goods and services in Bermuda?
- Imports of goods and services in Bermuda was 4.6% in 2024, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest imports of goods and services recorded in Bermuda?
- The highest recorded value was 8.6% in 2021.
- What is the lowest imports of goods and services recorded in Bermuda?
- The lowest recorded value was -21.3% in 2020.
- How does Bermuda rank for imports of goods and services?
- Bermuda ranks 85th out of 178 countries with data for 2024.
- Is imports of goods and services rising or falling in Bermuda?
- Over the last ten years it is up 406.6%. The long-run trend across the full record is volatile.
- Where does this Bermuda data come from?
- The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Imports of goods and services (annual % growth). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 10 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Imports of goods includes change in the economic ownership of goods from non-residents to residents of the compiling economy, irrespective of physical movement of goods across national borders. Imports of services includes services provided by non-residents to residents. This indicator denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.