Imports of goods, services and primary income (BoP, current US$), per in Bermuda
Bermuda: Imports of goods, services and primary income (BoP, current US$), per was 44,050 BoP, current US$ per person in 2023. ▼ Falling
Imports of goods, services and primary income (BoP, current US$), per in Bermuda, 2006–2023
Source: Statizoid (derived). Measured in BoP, current US$ per person.
Analysis
In 2023, imports of goods, services and primary income (bop, current us$), per in Bermuda stood at 44,050 BoP, current US$ per person.
Compared with earlier readings it is up 18.3% on the previous year and up 2.5% over ten years.
Over the whole period, imports of goods, services and primary income (bop, current us$), per in Bermuda peaked at 44,313 BoP, current US$ per person in 2007 and was at its lowest, 30,955 BoP, current US$ per person, in 2020.
Bermuda ranks 15th of 200 countries on this measure, in the top 10%.
The long-run direction has been consistently falling across the 18 years of available data.
Imports of goods, services and primary income (BoP, current US$), per in Bermuda, year by year
| Year | BoP, current US$ per person | Change |
|---|---|---|
| 2006 | 36,270 BoP, current US$ per person | — |
| 2007 | 44,313 BoP, current US$ per person | +22.2% |
| 2008 | 43,824 BoP, current US$ per person | -1.1% |
| 2009 | 38,066 BoP, current US$ per person | -13.1% |
| 2010 | 36,357 BoP, current US$ per person | -4.5% |
| 2011 | 33,752 BoP, current US$ per person | -7.2% |
| 2012 | 32,294 BoP, current US$ per person | -4.3% |
| 2013 | 42,966 BoP, current US$ per person | +33.0% |
| 2014 | 35,538 BoP, current US$ per person | -17.3% |
| 2015 | 32,879 BoP, current US$ per person | -7.5% |
| 2016 | 35,158 BoP, current US$ per person | +6.9% |
| 2017 | 36,745 BoP, current US$ per person | +4.5% |
| 2018 | 38,827 BoP, current US$ per person | +5.7% |
| 2019 | 41,096 BoP, current US$ per person | +5.8% |
| 2020 | 30,955 BoP, current US$ per person | -24.7% |
| 2021 | 32,590 BoP, current US$ per person | +5.3% |
| 2022 | 37,229 BoP, current US$ per person | +14.2% |
| 2023 | 44,050 BoP, current US$ per person | +18.3% |
Bermuda compared with similar countries
- Bermuda's 44,050 BoP, current US$ per person is above the median for high income countries, which is 20,392 BoP, current US$ per person, 2.2× the median. (72 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 40,618 BoP, current US$ per person | 36,270 BoP, current US$ per person | 44,313 BoP, current US$ per person | 4 |
| 2010s | 36,561 BoP, current US$ per person | 32,294 BoP, current US$ per person | 42,966 BoP, current US$ per person | 10 |
| 2020s | 36,206 BoP, current US$ per person | 30,955 BoP, current US$ per person | 44,050 BoP, current US$ per person | 4 |
Countries ranked near Bermuda
- 12 Denmark 49,452 BoP, current US$ per person compare
- 13 Cyprus 48,516 BoP, current US$ per person compare
- 14 Iceland 44,435 BoP, current US$ per person compare
- 16 Andorra 42,169 BoP, current US$ per person compare
- 17 Norway 41,884 BoP, current US$ per person compare
- 18 Sweden 39,228 BoP, current US$ per person 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 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)
- General government final consumption expenditure (current US$) 4.44 % change on previous year (2024)
Frequently asked questions
- What is imports of goods, services and primary income (bop, current us$), per in Bermuda?
- Imports of goods, services and primary income (bop, current us$), per in Bermuda was 44,050 BoP, current US$ per person in 2023, according to Statizoid (derived).
- What is the highest imports of goods, services and primary income (bop, current us$), per recorded in Bermuda?
- The highest recorded value was 44,313 BoP, current US$ per person in 2007.
- What is the lowest imports of goods, services and primary income (bop, current us$), per recorded in Bermuda?
- The lowest recorded value was 30,955 BoP, current US$ per person in 2020.
- How does Bermuda rank for imports of goods, services and primary income (bop, current us$), per?
- Bermuda ranks 15th out of 200 countries with data for 2023.
- Is imports of goods, services and primary income (bop, current us$), per rising or falling in Bermuda?
- Over the last ten years it is up 2.5%. 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, services and primary income (BoP, current US$), per capita. Statizoid updates them automatically from the source API.
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How this figure is calculated
Imports of goods, services and primary income (BoP, current US$) divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Imports of goods, services and primary income (BoP, current US$) ÷ Population, total
Computed from
- Imports of goods, services and primary income Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF)
- Population, total World Population Prospects, United Nations (UN)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Imports of goods, services and primary income (BoP, current US$) divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.