Imports of goods, services and primary income (BoP, current US$) in Bermuda
Bermuda: Imports of goods, services and primary income (BoP, current US$) was 18.23 % change on previous year in 2023. ◆ Volatile
Imports of goods, services and primary income (BoP, current US$) in Bermuda, 2007–2023
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Bermuda recorded 18.23 % change on previous year for imports of goods, services and primary income (bop, current us$) in 2023.
That represents a change of up 26.5% on the previous year and down 44.6% over ten years.
Over the whole period, imports of goods, services and primary income (bop, current us$) in Bermuda peaked at 32.89 % change on previous year in 2013 and was at its lowest, -24.35 % change on previous year, in 2020.
That places Bermuda 19th out of 198 countries with data for 2023, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Imports of goods, services and primary income (BoP, current US$) in Bermuda, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 2007 | 22.52 % change on previous year | — |
| 2008 | -0.6493 % change on previous year | -102.9% |
| 2009 | -12.77 % change on previous year | +1867.4% |
| 2010 | -4.25 % change on previous year | -66.7% |
| 2011 | -7.15 % change on previous year | +68.3% |
| 2012 | -4.45 % change on previous year | -37.8% |
| 2013 | 32.89 % change on previous year | -839.0% |
| 2014 | -17.35 % change on previous year | -152.7% |
| 2015 | -7.58 % change on previous year | -56.3% |
| 2016 | 6.91 % change on previous year | -191.2% |
| 2017 | 4.73 % change on previous year | -31.5% |
| 2018 | 6.09 % change on previous year | +28.7% |
| 2019 | 6.3 % change on previous year | +3.5% |
| 2020 | -24.35 % change on previous year | -486.5% |
| 2021 | 5.72 % change on previous year | -123.5% |
| 2022 | 14.41 % change on previous year | +152.1% |
| 2023 | 18.23 % change on previous year | +26.5% |
Bermuda compared with similar countries
- Bermuda's 18.23 % change on previous year is above the median for high income countries, which is 5.28 % change on previous year, 3.5× the median. (71 countries reporting)
Biggest year-on-year movements
Years where Imports of goods, services and primary income (BoP, current US$) in Bermuda changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2009 | -1867.4% | -0.6493 % change on previous year | -12.77 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 3.03 % change on previous year | -12.77 % change on previous year | 22.52 % change on previous year | 3 |
| 2010s | 1.61 % change on previous year | -17.35 % change on previous year | 32.89 % change on previous year | 10 |
| 2020s | 3.5 % change on previous year | -24.35 % change on previous year | 18.23 % change on previous year | 4 |
Countries ranked near Bermuda
- 16 Libya 18.71 % change on previous year compare
- 17 Uganda 18.28 % change on previous year compare
- 18 Cambodia 18.24 % change on previous year compare
- 20 Switzerland 18.21 % change on previous year compare
- 21 Zambia 18.21 % change on previous year compare
- 22 Faroe Islands 18.01 % change on previous year compare
More economy & growth data for Bermuda
- General government final consumption expenditure (current LCU), per 0.1072 current LCU per US$ 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 unit 0.0128 BoP, current US$ per US$ of GDP (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, services and primary income (bop, current us$) in Bermuda?
- Imports of goods, services and primary income (bop, current us$) in Bermuda was 18.23 % change on previous year in 2023, according to Statizoid (derived).
- What is the highest imports of goods, services and primary income (bop, current us$) recorded in Bermuda?
- The highest recorded value was 32.89 % change on previous year in 2013.
- What is the lowest imports of goods, services and primary income (bop, current us$) recorded in Bermuda?
- The lowest recorded value was -24.35 % change on previous year in 2020.
- How does Bermuda rank for imports of goods, services and primary income (bop, current us$)?
- Bermuda ranks 19th out of 198 countries with data for 2023.
- Is imports of goods, services and primary income (bop, current us$) rising or falling in Bermuda?
- Over the last ten years it is down 44.6%. The long-run trend across the full record is volatile.
- Where does this Bermuda data come from?
- The figures come from Statizoid (derived), published as part of Imports of goods, services and primary income (BoP, current US$), annual growth rate. Statizoid updates them automatically from the source API.
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How this figure is calculated
The year-on-year percentage change in Imports of goods, services and primary income (BoP, current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Imports of goods, services and primary income Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF)
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
The year-on-year percentage change in Imports of goods, services and primary income (BoP, current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.