Net secondary income (Net current transfers from abroad) (current) in Bermuda
Bermuda: Net secondary income (Net current transfers from abroad) (current) was -20.26 % change on previous year in 2024. ◆ Volatile
Net secondary income (Net current transfers from abroad) (current) in Bermuda, 2011–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Bermuda recorded -20.26 % change on previous year for net secondary income (net current transfers from abroad) (current) in 2024. That is the lowest value across all 14 years on record.
That represents a change of down 250.0% on the previous year and down 377.3% over ten years.
Over the whole period, net secondary income (net current transfers from abroad) (current) in Bermuda peaked at 13.51 % change on previous year in 2023 and was at its lowest, -20.26 % change on previous year, in 2024.
Bermuda ranks 164th of 201 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Net secondary income (Net current transfers from abroad) (current) in Bermuda, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 2011 | -3.59 % change on previous year | — |
| 2012 | -6.98 % change on previous year | +94.6% |
| 2013 | -4.69 % change on previous year | -32.8% |
| 2014 | 7.31 % change on previous year | -255.7% |
| 2015 | 6.46 % change on previous year | -11.6% |
| 2016 | -7.03 % change on previous year | -208.8% |
| 2017 | -12.78 % change on previous year | +81.9% |
| 2018 | 13.35 % change on previous year | -204.4% |
| 2019 | -6.35 % change on previous year | -147.5% |
| 2020 | -19.7 % change on previous year | +210.4% |
| 2021 | 6.55 % change on previous year | -133.2% |
| 2022 | -6.8 % change on previous year | -203.8% |
| 2023 | 13.51 % change on previous year | -298.7% |
| 2024 | -20.26 % change on previous year | -250.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | -1.59 % change on previous year | -12.78 % change on previous year | 13.35 % change on previous year | 9 |
| 2020s | -5.34 % change on previous year | -20.26 % change on previous year | 13.51 % change on previous year | 5 |
Countries ranked near Bermuda
- 161 Guinea -19.03 % change on previous year compare
- 162 Saudi Arabia -19.86 % change on previous year compare
- 163 Malaysia -20.11 % change on previous year compare
- 165 Iceland -20.73 % change on previous year compare
- 166 Qatar -22.48 % change on previous year compare
- 167 Armenia -23.62 % change on previous year compare
More economy & growth data for Bermuda
- Gross value added at basic prices (GVA) (constant 2015 US$), per 112,409 constant 2015 US$ per person (2024)
- Gross value added at basic prices (GVA) (current US$), annual growth 6.98 % change on previous year (2024)
- Gross value added at basic prices (GVA) (current US$), per unit of GDP 0.9638 current US$ per US$ of GDP (2024)
- Gross value added at basic prices (GVA) (current US$), per capita 137,106 current US$ per person (2024)
- Gross value added at basic prices (GVA) (current LCU), annual growth 6.98 % change on previous year (2024)
- Gross value added at basic prices (GVA) (current LCU), per unit of GDP 0.9638 current LCU per US$ of GDP (2024)
- Gross value added at basic prices (GVA) (current LCU), per capita 137,106 current LCU per person (2024)
- Gross value added at basic prices (GVA) (constant 2015 US$), annual 1.92 % change on previous year (2024)
- Gross value added at basic prices (GVA) (constant 2015 US$), per unit 0.7902 constant 2015 US$ per US$ of GDP (2024)
- GDP (current LCU), annual growth rate 6.88 % change on previous year (2024)
Frequently asked questions
- What is net secondary income (net current transfers from abroad) (current) in Bermuda?
- Net secondary income (net current transfers from abroad) (current) in Bermuda was -20.26 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest net secondary income (net current transfers from abroad) (current) recorded in Bermuda?
- The highest recorded value was 13.51 % change on previous year in 2023.
- What is the lowest net secondary income (net current transfers from abroad) (current) recorded in Bermuda?
- The lowest recorded value was -20.26 % change on previous year in 2024.
- How does Bermuda rank for net secondary income (net current transfers from abroad) (current)?
- Bermuda ranks 164th out of 201 countries with data for 2024.
- Is net secondary income (net current transfers from abroad) (current) rising or falling in Bermuda?
- Over the last ten years it is down 377.3%. 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 secondary income (Net current transfers from abroad) (current LCU), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 14 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Net secondary income (Net current transfers from abroad) (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Net secondary income (Net current transfers from abroad) Country official statistics, National Statistical Offices (NSOs)
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 secondary income (Net current transfers from abroad) (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.