Imports of goods and services in Bermuda
Bermuda: Imports of goods and services was 2.30 billion current LCU in 2024. ▲ Rising
Imports of goods and services in Bermuda, 2010–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current LCU.
Analysis
In 2024, imports of goods and services in Bermuda stood at 2.30 billion current LCU. That is the highest value across all 15 years on record.
Compared with earlier readings it is up 7.6% on the previous year and up 41.7% over ten years.
Over the whole period, imports of goods and services in Bermuda peaked at 2.30 billion current LCU in 2024 and was at its lowest, 1.48 billion current LCU, in 2012.
That places Bermuda 182nd out of 192 countries with data for 2024, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 15 years of available data.
Imports of goods and services in Bermuda, year by year
| Year | current LCU | Change |
|---|---|---|
| 2010 | 1.58 billion current LCU | — |
| 2011 | 1.50 billion current LCU | -5.1% |
| 2012 | 1.48 billion current LCU | -0.9% |
| 2013 | 1.59 billion current LCU | +7.4% |
| 2014 | 1.63 billion current LCU | +2.0% |
| 2015 | 1.55 billion current LCU | -4.6% |
| 2016 | 1.62 billion current LCU | +4.1% |
| 2017 | 1.70 billion current LCU | +5.4% |
| 2018 | 1.88 billion current LCU | +10.6% |
| 2019 | 1.92 billion current LCU | +1.7% |
| 2020 | 1.62 billion current LCU | -15.7% |
| 2021 | 1.82 billion current LCU | +12.9% |
| 2022 | 2.10 billion current LCU | +14.9% |
| 2023 | 2.14 billion current LCU | +2.1% |
| 2024 | 2.30 billion current LCU | +7.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 1.65 billion current LCU | 1.48 billion current LCU | 1.92 billion current LCU | 10 |
| 2020s | 2.00 billion current LCU | 1.62 billion current LCU | 2.30 billion current LCU | 5 |
Countries ranked near Bermuda
- 179 Belize 3.44 billion current LCU compare
- 180 Antigua and Barbuda 3.17 billion current LCU compare
- 181 San Marino 2.91 billion current LCU compare
- 183 Timor-Leste 1.58 billion current LCU compare
- 184 Samoa 1.54 billion current LCU compare
- 185 Tonga 932.77 million current LCU compare
More economy & growth data for Bermuda
- Gross value added at basic prices (GVA) (current LCU), per unit of GDP 0.9638 current LCU per US$ of GDP (2024)
- GDP (constant 2015 US$), annual growth rate 1.89 % change on previous year (2024)
- Gross value added at basic prices (GVA) (current LCU), per capita 137,106 current LCU per person (2024)
- GDP (constant 2015 US$), per unit of GDP 0.8191 constant 2015 US$ per US$ of GDP (2024)
- GDP (constant 2015 US$), per capita 116,514 constant 2015 US$ per person (2024)
- GDP (constant LCU), annual growth rate 1.89 % change on previous year (2024)
- GDP (constant LCU), per capita 109,864 constant LCU per person (2024)
- Gross domestic savings (current US$), per unit of GDP 0.4498 current US$ per US$ of GDP (2024)
- Gross domestic savings (current US$), annual growth rate 10.52 % change on previous year (2024)
- GDP (current LCU), per capita 142,250 current LCU per person (2024)
Frequently asked questions
- What is imports of goods and services in Bermuda?
- Imports of goods and services in Bermuda was 2.30 billion current 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 2.30 billion current LCU in 2024.
- What is the lowest imports of goods and services recorded in Bermuda?
- The lowest recorded value was 1.48 billion current LCU in 2012.
- How does Bermuda rank for imports of goods and services?
- Bermuda ranks 182nd out of 192 countries with data for 2024.
- Is imports of goods and services rising or falling in Bermuda?
- Over the last ten years it is up 41.7%. The long-run trend across the full record is rising.
- 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 (current LCU). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 15 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 current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.