Imports of goods and services in Bermuda
Bermuda: Imports of goods and services was 1.73 billion constant 2015 US$ in 2024. ▬ Flat
Imports of goods and services in Bermuda, 2014–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in constant 2015 US$.
Analysis
In 2024, imports of goods and services in Bermuda stood at 1.73 billion constant 2015 US$. That is the highest value across all 11 years on record.
Compared with earlier readings it is up 4.6% on the previous year and up 9.9% over ten years.
Over the whole period, imports of goods and services in Bermuda peaked at 1.73 billion constant 2015 US$ in 2024 and was at its lowest, 1.33 billion constant 2015 US$, in 2020.
Bermuda ranks 152nd of 171 countries on this measure, in the bottom quarter.
Imports of goods and services in Bermuda, year by year
| Year | constant 2015 US$ | Change |
|---|---|---|
| 2014 | 1.58 billion constant 2015 US$ | — |
| 2015 | 1.55 billion constant 2015 US$ | -1.5% |
| 2016 | 1.65 billion constant 2015 US$ | +6.2% |
| 2017 | 1.59 billion constant 2015 US$ | -3.3% |
| 2018 | 1.67 billion constant 2015 US$ | +4.5% |
| 2019 | 1.69 billion constant 2015 US$ | +1.2% |
| 2020 | 1.33 billion constant 2015 US$ | -21.3% |
| 2021 | 1.44 billion constant 2015 US$ | +8.6% |
| 2022 | 1.57 billion constant 2015 US$ | +8.6% |
| 2023 | 1.66 billion constant 2015 US$ | +5.7% |
| 2024 | 1.73 billion constant 2015 US$ | +4.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 1.62 billion constant 2015 US$ | 1.55 billion constant 2015 US$ | 1.69 billion constant 2015 US$ | 6 |
| 2020s | 1.54 billion constant 2015 US$ | 1.33 billion constant 2015 US$ | 1.73 billion constant 2015 US$ | 5 |
Countries ranked near Bermuda
- 149 Eswatini 2.28 billion constant 2015 US$ compare
- 150 Lesotho 2.25 billion constant 2015 US$ compare
- 151 Seychelles 2.06 billion constant 2015 US$ compare
- 153 Greenland 1.57 billion constant 2015 US$ compare
- 154 Belize 1.44 billion constant 2015 US$ compare
- 155 Cape Verde 1.37 billion constant 2015 US$ compare
More economy & growth data for Bermuda
- Gross value added at basic prices (GVA) (constant 2015 US$), per 112,409 constant 2015 US$ per person (2024)
- Gross value added at basic prices (GVA) (current US$), annual growth 6.98 % change on previous year (2024)
- Gross value added at basic prices (GVA) (current US$), per unit of GDP 0.9638 current US$ per US$ of GDP (2024)
- Gross value added at basic prices (GVA) (current US$), per capita 137,106 current US$ per person (2024)
- Gross value added at basic prices (GVA) (current LCU), annual growth 6.98 % change on previous year (2024)
- Gross value added at basic prices (GVA) (current LCU), per unit of GDP 0.9638 current LCU per US$ of GDP (2024)
- Gross value added at basic prices (GVA) (current LCU), per capita 137,106 current LCU per person (2024)
- Gross value added at basic prices (GVA) (constant 2015 US$), annual 1.92 % change on previous year (2024)
- Gross value added at basic prices (GVA) (constant 2015 US$), per unit 0.7902 constant 2015 US$ per US$ of GDP (2024)
- GDP (current LCU), per unit of GDP 1 current LCU 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 1.73 billion constant 2015 US$ 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 1.73 billion constant 2015 US$ in 2024.
- What is the lowest imports of goods and services recorded in Bermuda?
- The lowest recorded value was 1.33 billion constant 2015 US$ in 2020.
- How does Bermuda rank for imports of goods and services?
- Bermuda ranks 152nd out of 171 countries with data for 2024.
- Is imports of goods and services rising or falling in Bermuda?
- Over the last ten years it is up 9.9%. The long-run trend across the full record is flat.
- 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 (constant 2015 US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 11 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 is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2015. This indicator is expressed in United States dollars.