Personal remittances, paid (current US$), per square kilometre in Bermuda
Bermuda: Personal remittances, paid (current US$), per square kilometre was 3.26 million current US$ per square kilometre in 2023. ▼ Falling
Personal remittances, paid (current US$), per square kilometre in Bermuda, 2006–2023
Source: Statizoid (derived). Measured in current US$ per square kilometre.
Analysis
The most recent figure for personal remittances, paid (current us$), per square kilometre in Bermuda is 3.26 million current US$ per square kilometre, measured in 2023.
The figure is up 2.5% on the previous year and down 19.5% over ten years.
Over the whole period, personal remittances, paid (current us$), per square kilometre in Bermuda peaked at 4.42 million current US$ per square kilometre in 2010 and was at its lowest, 2.95 million current US$ per square kilometre, in 2021.
Bermuda ranks 5th of 194 countries on this measure, in the top 10%.
The long-run direction has been consistently falling across the 18 years of available data.
Personal remittances, paid (current US$), per square kilometre in Bermuda, year by year
| Year | current US$ per square kilometre | Change |
|---|---|---|
| 2006 | 3.18 million current US$ per square kilometre | — |
| 2007 | 3.30 million current US$ per square kilometre | +3.7% |
| 2008 | 3.54 million current US$ per square kilometre | +7.3% |
| 2009 | 3.94 million current US$ per square kilometre | +11.3% |
| 2010 | 4.42 million current US$ per square kilometre | +12.3% |
| 2011 | 3.99 million current US$ per square kilometre | -9.7% |
| 2012 | 4.02 million current US$ per square kilometre | +0.8% |
| 2013 | 4.05 million current US$ per square kilometre | +0.8% |
| 2014 | 4.15 million current US$ per square kilometre | +2.5% |
| 2015 | 3.46 million current US$ per square kilometre | -16.6% |
| 2016 | 3.96 million current US$ per square kilometre | +14.4% |
| 2017 | 4.04 million current US$ per square kilometre | +2.1% |
| 2018 | 3.66 million current US$ per square kilometre | -9.5% |
| 2019 | 3.68 million current US$ per square kilometre | +0.5% |
| 2020 | 3.39 million current US$ per square kilometre | -7.8% |
| 2021 | 2.95 million current US$ per square kilometre | -13.0% |
| 2022 | 3.18 million current US$ per square kilometre | +7.8% |
| 2023 | 3.26 million current US$ per square kilometre | +2.5% |
Bermuda compared with similar countries
- Bermuda's 3.26 million current US$ per square kilometre is above the median for high income countries, which is 37,536 current US$ per square kilometre, 86.9× the median. (71 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 3.49 million current US$ per square kilometre | 3.18 million current US$ per square kilometre | 3.94 million current US$ per square kilometre | 4 |
| 2010s | 3.94 million current US$ per square kilometre | 3.46 million current US$ per square kilometre | 4.42 million current US$ per square kilometre | 10 |
| 2020s | 3.20 million current US$ per square kilometre | 2.95 million current US$ per square kilometre | 3.39 million current US$ per square kilometre | 4 |
Countries ranked near Bermuda
- 2 Luxembourg 7.02 million current US$ per square kilometre compare
- 3 San Marino 4.03 million current US$ per square kilometre compare
- 4 Bahrain 3.33 million current US$ per square kilometre compare
- 6 Sint Maarten (Dutch part) 3.07 million current US$ per square kilometre compare
- 7 Cayman Islands 2.52 million current US$ per square kilometre compare
- 8 Maldives 1.99 million current US$ per square kilometre 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$) 4.44 % change on previous year (2024)
Frequently asked questions
- What is personal remittances, paid (current us$), per square kilometre in Bermuda?
- Personal remittances, paid (current us$), per square kilometre in Bermuda was 3.26 million current US$ per square kilometre in 2023, according to Statizoid (derived).
- What is the highest personal remittances, paid (current us$), per square kilometre recorded in Bermuda?
- The highest recorded value was 4.42 million current US$ per square kilometre in 2010.
- What is the lowest personal remittances, paid (current us$), per square kilometre recorded in Bermuda?
- The lowest recorded value was 2.95 million current US$ per square kilometre in 2021.
- How does Bermuda rank for personal remittances, paid (current us$), per square kilometre?
- Bermuda ranks 5th out of 194 countries with data for 2023.
- Is personal remittances, paid (current us$), per square kilometre rising or falling in Bermuda?
- Over the last ten years it is down 19.5%. 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 Personal remittances, paid (current US$), per square kilometre. Statizoid updates them automatically from the source API.
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How this figure is calculated
Personal remittances, paid (current US$) divided by Land area (sq. km), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Personal remittances, paid (current US$) ÷ Land area (sq. km)
Computed from
- Personal remittances, paid IMF balance of payments data, International Monetary Fund (IMF)
- Land area FAOSTAT, Food and Agriculture Organization of the United Nations (FAO)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Personal remittances, paid (current US$) divided by Land area (sq. km), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.