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 0.3313 BoP, current US$ per US$ of GDP 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 US$ of GDP.
Analysis
In 2023, imports of goods, services and primary income (bop, current us$), per in Bermuda stood at 0.3313 BoP, current US$ per US$ of GDP.
The figure is up 6.8% on the previous year and down 21.6% over ten years.
Over the whole period, imports of goods, services and primary income (bop, current us$), per in Bermuda peaked at 0.4225 BoP, current US$ per US$ of GDP in 2013 and was at its lowest, 0.289 BoP, current US$ per US$ of GDP, in 2021.
That places Bermuda 156th out of 199 countries with data for 2023, putting it in the bottom quarter.
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 US$ of GDP | Change |
|---|---|---|
| 2006 | 0.3709 BoP, current US$ per US$ of GDP | — |
| 2007 | 0.4126 BoP, current US$ per US$ of GDP | +11.2% |
| 2008 | 0.3974 BoP, current US$ per US$ of GDP | -3.7% |
| 2009 | 0.3635 BoP, current US$ per US$ of GDP | -8.5% |
| 2010 | 0.3492 BoP, current US$ per US$ of GDP | -3.9% |
| 2011 | 0.3408 BoP, current US$ per US$ of GDP | -2.4% |
| 2012 | 0.3223 BoP, current US$ per US$ of GDP | -5.4% |
| 2013 | 0.4225 BoP, current US$ per US$ of GDP | +31.1% |
| 2014 | 0.352 BoP, current US$ per US$ of GDP | -16.7% |
| 2015 | 0.3136 BoP, current US$ per US$ of GDP | -10.9% |
| 2016 | 0.3233 BoP, current US$ per US$ of GDP | +3.1% |
| 2017 | 0.3271 BoP, current US$ per US$ of GDP | +1.2% |
| 2018 | 0.343 BoP, current US$ per US$ of GDP | +4.9% |
| 2019 | 0.3549 BoP, current US$ per US$ of GDP | +3.5% |
| 2020 | 0.2894 BoP, current US$ per US$ of GDP | -18.5% |
| 2021 | 0.289 BoP, current US$ per US$ of GDP | -0.1% |
| 2022 | 0.3103 BoP, current US$ per US$ of GDP | +7.4% |
| 2023 | 0.3313 BoP, current US$ per US$ of GDP | +6.8% |
Bermuda compared with similar countries
- Bermuda's 0.3313 BoP, current US$ per US$ of GDP is below the median for high income countries, which is 0.5691 BoP, current US$ per US$ of GDP, 58% of the median. (72 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.3861 BoP, current US$ per US$ of GDP | 0.3635 BoP, current US$ per US$ of GDP | 0.4126 BoP, current US$ per US$ of GDP | 4 |
| 2010s | 0.3449 BoP, current US$ per US$ of GDP | 0.3136 BoP, current US$ per US$ of GDP | 0.4225 BoP, current US$ per US$ of GDP | 10 |
| 2020s | 0.305 BoP, current US$ per US$ of GDP | 0.289 BoP, current US$ per US$ of GDP | 0.3313 BoP, current US$ per US$ of GDP | 4 |
Countries ranked near Bermuda
- 153 Benin 0.3417 BoP, current US$ per US$ of GDP compare
- 154 Nepal 0.3386 BoP, current US$ per US$ of GDP compare
- 155 Ghana 0.3324 BoP, current US$ per US$ of GDP compare
- 157 New Zealand 0.3276 BoP, current US$ per US$ of GDP compare
- 158 Uganda 0.3238 BoP, current US$ per US$ of GDP compare
- 159 Ecuador 0.3158 BoP, current US$ per US$ of GDP 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$), per in Bermuda was 0.3313 BoP, current US$ per US$ of GDP in 2023, according to Statizoid (derived).
- What is the highest imports of goods, services and primary income (bop, current us$), per recorded in Bermuda?
- The highest recorded value was 0.4225 BoP, current US$ per US$ of GDP in 2013.
- What is the lowest imports of goods, services and primary income (bop, current us$), per recorded in Bermuda?
- The lowest recorded value was 0.289 BoP, current US$ per US$ of GDP in 2021.
- How does Bermuda rank for imports of goods, services and primary income (bop, current us$), per?
- Bermuda ranks 156th out of 199 countries with data for 2023.
- Is imports of goods, services and primary income (bop, current us$), per rising or falling in Bermuda?
- Over the last ten years it is down 21.6%. 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$), per unit of GDP. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 18 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Imports of goods, services and primary income (BoP, current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Imports of goods, services and primary income (BoP, current US$) ÷ GDP (current US$)
Computed from
- Imports of goods, services and primary income Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Imports of goods, services and primary income (BoP, current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.