Imports of goods and services in Bermuda
Bermuda: Imports of goods and services was 1.89 billion constant LCU in 2024. ▬ Flat
Imports of goods and services in Bermuda, 2014–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in constant LCU.
Analysis
The most recent figure for imports of goods and services in Bermuda is 1.89 billion constant LCU, measured in 2024. That is the highest value across all 11 years on record.
The figure 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 1.89 billion constant LCU in 2024 and was at its lowest, 1.45 billion constant LCU, in 2020.
That places Bermuda 169th out of 178 countries with data for 2024, putting it in the bottom quarter.
Imports of goods and services in Bermuda, year by year
| Year | constant LCU | Change |
|---|---|---|
| 2014 | 1.72 billion constant LCU | — |
| 2015 | 1.69 billion constant LCU | -1.5% |
| 2016 | 1.80 billion constant LCU | +6.2% |
| 2017 | 1.74 billion constant LCU | -3.3% |
| 2018 | 1.82 billion constant LCU | +4.5% |
| 2019 | 1.84 billion constant LCU | +1.2% |
| 2020 | 1.45 billion constant LCU | -21.3% |
| 2021 | 1.57 billion constant LCU | +8.6% |
| 2022 | 1.71 billion constant LCU | +8.6% |
| 2023 | 1.80 billion constant LCU | +5.7% |
| 2024 | 1.89 billion constant LCU | +4.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 1.77 billion constant LCU | 1.69 billion constant LCU | 1.84 billion constant LCU | 6 |
| 2020s | 1.68 billion constant LCU | 1.45 billion constant LCU | 1.89 billion constant LCU | 5 |
Countries ranked near Bermuda
- 166 Belize 3.03 billion constant LCU compare
- 167 Sao Tome and Principe 2.94 billion constant LCU compare
- 168 San Marino 2.20 billion constant LCU compare
- 170 Sudan 1.31 billion constant LCU compare
- 171 Samoa 1.26 billion constant LCU compare
- 172 East Timor 1.25 billion constant LCU 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 1.89 billion constant LCU 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 1.89 billion constant LCU in 2024.
- What is the lowest imports of goods and services recorded in Bermuda?
- The lowest recorded value was 1.45 billion constant LCU in 2020.
- How does Bermuda rank for imports of goods and services?
- Bermuda ranks 169th 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 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 LCU). Statizoid updates them automatically from the source API.
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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 varies by country. This series is expressed in local currency units.