Imports of goods and services (current LCU) in Bermuda
Bermuda: Imports of goods and services (current LCU) 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 183rd out of 193 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 (current LCU) 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% |
Bermuda compared with similar countries
- Bermuda's 2.30 billion current LCU is below the median for high income countries, which is 188.39 billion current LCU, 1% of the median. (72 countries reporting)
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
- 180 Belize 3.44 billion current LCU compare
- 181 Antigua and Barbuda 3.17 billion current LCU compare
- 182 San Marino 2.91 billion current LCU compare
- 184 East Timor 1.58 billion current LCU compare
- 185 Samoa 1.54 billion current LCU compare
- 186 Tonga 932.77 million current LCU 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$), per 15,245 current US$ per person (2024)
- General government final consumption expenditure (current US$), per 0.1072 current US$ 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 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 183rd out of 193 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.
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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 current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.