Imports of goods and services (constant LCU), per unit of GDP in Bermuda
Bermuda: Imports of goods and services (constant LCU), per unit of GDP was 0.2053 constant LCU per US$ of GDP in 2024. ▼ Falling
Imports of goods and services (constant LCU), per unit of GDP in Bermuda, 2014–2024
Source: Statizoid (derived). Measured in constant LCU per US$ of GDP.
Analysis
Bermuda recorded 0.2053 constant LCU per US$ of GDP for imports of goods and services (constant lcu), per unit of gdp in 2024. That is the lowest value across all 11 years on record.
That represents a change of down 2.2% on the previous year and down 23.3% over ten years.
Over the whole period, imports of goods and services (constant lcu), per unit of gdp in Bermuda peaked at 0.2678 constant LCU per US$ of GDP in 2014 and was at its lowest, 0.2053 constant LCU per US$ of GDP, in 2024.
Bermuda ranks 171st of 179 countries on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 11 years of available data.
Imports of goods and services (constant LCU), per unit of GDP in Bermuda, year by year
| Year | constant LCU per US$ of GDP | Change |
|---|---|---|
| 2014 | 0.2678 constant LCU per US$ of GDP | — |
| 2015 | 0.2543 constant LCU per US$ of GDP | -5.1% |
| 2016 | 0.2604 constant LCU per US$ of GDP | +2.4% |
| 2017 | 0.2433 constant LCU per US$ of GDP | -6.5% |
| 2018 | 0.2514 constant LCU per US$ of GDP | +3.3% |
| 2019 | 0.2476 constant LCU per US$ of GDP | -1.5% |
| 2020 | 0.2102 constant LCU per US$ of GDP | -15.1% |
| 2021 | 0.2157 constant LCU per US$ of GDP | +2.6% |
| 2022 | 0.2198 constant LCU per US$ of GDP | +1.9% |
| 2023 | 0.2098 constant LCU per US$ of GDP | -4.5% |
| 2024 | 0.2053 constant LCU per US$ of GDP | -2.2% |
Bermuda compared with similar countries
- Bermuda's 0.2053 constant LCU per US$ of GDP is below the median for high income countries, which is 0.6447 constant LCU per US$ of GDP, 32% of the median. (63 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 0.2541 constant LCU per US$ of GDP | 0.2433 constant LCU per US$ of GDP | 0.2678 constant LCU per US$ of GDP | 6 |
| 2020s | 0.2121 constant LCU per US$ of GDP | 0.2053 constant LCU per US$ of GDP | 0.2198 constant LCU per US$ of GDP | 5 |
Countries ranked near Bermuda
- 168 Ecuador 0.2338 constant LCU per US$ of GDP compare
- 169 Spain 0.2324 constant LCU per US$ of GDP compare
- 170 Italy 0.2174 constant LCU per US$ of GDP compare
- 172 United Kingdom 0.1955 constant LCU per US$ of GDP compare
- 173 Azerbaijan 0.1947 constant LCU per US$ of GDP
- 174 Oman 0.1525 constant LCU 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$) 4.44 % change on previous year (2024)
- General government final consumption expenditure (current US$), per 15,245 current US$ per person (2024)
Frequently asked questions
- What is imports of goods and services (constant lcu), per unit of gdp in Bermuda?
- Imports of goods and services (constant lcu), per unit of gdp in Bermuda was 0.2053 constant LCU per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest imports of goods and services (constant lcu), per unit of gdp recorded in Bermuda?
- The highest recorded value was 0.2678 constant LCU per US$ of GDP in 2014.
- What is the lowest imports of goods and services (constant lcu), per unit of gdp recorded in Bermuda?
- The lowest recorded value was 0.2053 constant LCU per US$ of GDP in 2024.
- How does Bermuda rank for imports of goods and services (constant lcu), per unit of gdp?
- Bermuda ranks 171st out of 179 countries with data for 2024.
- Is imports of goods and services (constant lcu), per unit of gdp rising or falling in Bermuda?
- Over the last ten years it is down 23.3%. 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 Imports of goods and services (constant LCU), per unit of GDP. Statizoid updates them automatically from the source API.
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CSV · JSON — 11 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Imports of goods and services (constant LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Imports of goods and services (constant LCU) ÷ GDP (current US$)
Computed from
- Imports of goods and services Country official statistics, National Statistical Offices (NSOs)
- 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
Imports of goods and services (constant LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.