Net errors and omissions (BoP, current US$), annual growth rate in Bermuda
Bermuda: Net errors and omissions (BoP, current US$), annual growth rate was -78.84 % change on previous year in 2023. ◆ Volatile
Net errors and omissions (BoP, current US$), annual growth rate in Bermuda, 2007–2023
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2023, net errors and omissions (bop, current us$), annual growth rate in Bermuda stood at -78.84 % change on previous year.
The figure is up 35.6% on the previous year and down 140.3% over ten years.
Over the whole period, net errors and omissions (bop, current us$), annual growth rate in Bermuda peaked at 344.24 % change on previous year in 2019 and was at its lowest, -655.1 % change on previous year, in 2017.
Bermuda ranks 147th of 197 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Net errors and omissions (BoP, current US$), annual growth rate in Bermuda, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 2007 | 24.98 % change on previous year | — |
| 2008 | 79.54 % change on previous year | +218.4% |
| 2009 | -104.36 % change on previous year | -231.2% |
| 2010 | 102.02 % change on previous year | -197.8% |
| 2012 | 84.33 % change on previous year | -17.3% |
| 2013 | 195.61 % change on previous year | +132.0% |
| 2014 | 48.67 % change on previous year | -75.1% |
| 2015 | -230.61 % change on previous year | -573.8% |
| 2016 | 91.59 % change on previous year | -139.7% |
| 2017 | -655.1 % change on previous year | -815.3% |
| 2018 | 110.22 % change on previous year | -116.8% |
| 2019 | 344.24 % change on previous year | +212.3% |
| 2020 | -146.58 % change on previous year | -142.6% |
| 2021 | -277.92 % change on previous year | +89.6% |
| 2022 | -122.4 % change on previous year | -56.0% |
| 2023 | -78.84 % change on previous year | -35.6% |
Bermuda compared with similar countries
- Bermuda's -78.84 % change on previous year is below the median for high income countries, which is -29.88 % change on previous year, 2.6× the median. (69 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.0522 % change on previous year | -104.36 % change on previous year | 79.54 % change on previous year | 3 |
| 2010s | 10.11 % change on previous year | -655.1 % change on previous year | 344.24 % change on previous year | 9 |
| 2020s | -156.43 % change on previous year | -277.92 % change on previous year | -78.84 % change on previous year | 4 |
Countries ranked near Bermuda
- 144 Sint Maarten (Dutch part) -72.82 % change on previous year compare
- 145 Saudi Arabia -75.12 % change on previous year compare
- 146 Cyprus -76.28 % change on previous year compare
- 148 Vietnam -80.51 % change on previous year compare
- 149 Cape Verde -83.18 % change on previous year compare
- 150 India -89.93 % 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 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$) 4.44 % change on previous year (2024)
Frequently asked questions
- What is net errors and omissions (bop, current us$), annual growth rate in Bermuda?
- Net errors and omissions (bop, current us$), annual growth rate in Bermuda was -78.84 % change on previous year in 2023, according to Statizoid (derived).
- What is the highest net errors and omissions (bop, current us$), annual growth rate recorded in Bermuda?
- The highest recorded value was 344.24 % change on previous year in 2019.
- What is the lowest net errors and omissions (bop, current us$), annual growth rate recorded in Bermuda?
- The lowest recorded value was -655.1 % change on previous year in 2017.
- How does Bermuda rank for net errors and omissions (bop, current us$), annual growth rate?
- Bermuda ranks 147th out of 197 countries with data for 2023.
- Is net errors and omissions (bop, current us$), annual growth rate rising or falling in Bermuda?
- Over the last ten years it is down 140.3%. The long-run trend across the full record is volatile.
- Where does this Bermuda data come from?
- The figures come from Statizoid (derived), published as part of Net errors and omissions (BoP, current US$), 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 Net errors and omissions (BoP, current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Net errors and omissions Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Net errors and omissions (BoP, current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.