How does Bermuda rank for personal remittances, paid (current us$), per unit of gdp?

Bermuda ranks 49th out of 195 countries with data for 2023.

Is personal remittances, paid (current us$), per unit of gdp rising or falling in Bermuda?

Over the last ten years it is down 39.5%. The long-run trend across the full record is falling.

Personal remittances, paid (current US$), per unit of GDP in Bermuda

Name: Personal remittances, paid (current US$), per unit of GDP in Bermuda
Creator: Statizoid (derived)
License: Derived by Statizoid from the sources named on the page

Bermuda: Personal remittances, paid (current US$), per unit of GDP was 0.0205 current US$ per US$ of GDP in 2023. ▼ Falling

Latest (2023)

0.0205 current US$ per US$ of GDP

Change on year

down 7.5%

World rank

49th

of 195 countries

All-time high

0.036 current US$ per US$ of GDP

in 2010

All-time low

0.0205 current US$ per US$ of GDP

in 2023

Years of data

2006–2023

Personal remittances, paid (current US$), per unit of GDP in Bermuda, 2006–2023

Source: Statizoid (derived). Measured in current US$ per US$ of GDP.

Analysis

In 2023, personal remittances, paid (current us$), per unit of gdp in Bermuda stood at 0.0205 current US$ per US$ of GDP. That is the lowest value across all 18 years on record.

The figure is down 7.5% on the previous year and down 39.5% over ten years.

Over the whole period, personal remittances, paid (current us$), per unit of gdp in Bermuda peaked at 0.036 current US$ per US$ of GDP in 2010 and was at its lowest, 0.0205 current US$ per US$ of GDP, in 2023.

Bermuda ranks 49th of 195 countries on this measure, in the top quarter.

The long-run direction has been consistently falling across the 18 years of available data.

Personal remittances, paid (current US$), per unit of GDP in Bermuda, year by year

Annual values for Personal remittances, paid (current US$), per unit of GDP in Bermuda, 2006 to 2023.
Year	current US$ per US$ of GDP	Change
2006	0.0279 current US$ per US$ of GDP	—
2007	0.0263 current US$ per US$ of GDP	-5.8%
2008	0.0274 current US$ per US$ of GDP	+4.0%
2009	0.0319 current US$ per US$ of GDP	+16.8%
2010	0.036 current US$ per US$ of GDP	+12.6%
2011	0.0341 current US$ per US$ of GDP	-5.1%
2012	0.034 current US$ per US$ of GDP	-0.2%
2013	0.0338 current US$ per US$ of GDP	-0.6%
2014	0.0349 current US$ per US$ of GDP	+3.3%
2015	0.0281 current US$ per US$ of GDP	-19.6%
2016	0.031 current US$ per US$ of GDP	+10.3%
2017	0.0306 current US$ per US$ of GDP	-1.3%
2018	0.0273 current US$ per US$ of GDP	-10.6%
2019	0.0268 current US$ per US$ of GDP	-2.1%
2020	0.0266 current US$ per US$ of GDP	-0.6%
2021	0.0219 current US$ per US$ of GDP	-17.8%
2022	0.0221 current US$ per US$ of GDP	+1.2%
2023	0.0205 current US$ per US$ of GDP	-7.5%

Bermuda compared with similar countries

Bermuda's 0.0205 current US$ per US$ of GDP is above the median for high income countries, which is 0.0111 current US$ per US$ of GDP, 1.8× the median. (71 countries reporting)

Averages by decade

Decade	Average	Lowest	Highest	Years
2000s	0.0284 current US$ per US$ of GDP	0.0263 current US$ per US$ of GDP	0.0319 current US$ per US$ of GDP	4
2010s	0.0317 current US$ per US$ of GDP	0.0268 current US$ per US$ of GDP	0.036 current US$ per US$ of GDP	10
2020s	0.0228 current US$ per US$ of GDP	0.0205 current US$ per US$ of GDP	0.0266 current US$ per US$ of GDP	4

Countries ranked near Bermuda

46 Bhutan 0.0223 current US$ per US$ of GDP compare
47 Armenia 0.0213 current US$ per US$ of GDP compare
48 Croatia 0.0211 current US$ per US$ of GDP compare
50 Bahamas 0.0203 current US$ per US$ of GDP compare
51 Iceland 0.0191 current US$ per US$ of GDP compare
52 Austria 0.0187 current US$ per US$ of GDP compare

See the full ranking of 242 places →

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)

All data for Bermuda →

Frequently asked questions

What is personal remittances, paid (current us$), per unit of gdp in Bermuda?: Personal remittances, paid (current us$), per unit of gdp in Bermuda was 0.0205 current US$ per US$ of GDP in 2023, according to Statizoid (derived).
What is the highest personal remittances, paid (current us$), per unit of gdp recorded in Bermuda?: The highest recorded value was 0.036 current US$ per US$ of GDP in 2010.
What is the lowest personal remittances, paid (current us$), per unit of gdp recorded in Bermuda?: The lowest recorded value was 0.0205 current US$ per US$ of GDP in 2023.
How does Bermuda rank for personal remittances, paid (current us$), per unit of gdp?: Bermuda ranks 49th out of 195 countries with data for 2023.
Is personal remittances, paid (current us$), per unit of gdp rising or falling in Bermuda?: Over the last ten years it is down 39.5%. 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 unit of GDP. Statizoid updates them automatically from the source API.

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Personal remittances, paid (current US$), per unit of GDP in Bermuda. Statizoid, drawing on Statizoid (derived). Retrieved 16 September 2026, from https://economy.statizoid.com/stat/personal-remittances-paid-current-us-per-unit-of-gdp/bermuda/

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How this figure is calculated

Personal remittances, paid (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.

Personal remittances, paid (current US$) ÷ GDP (current US$)

Computed from

Personal remittances, paid IMF balance of payments data, 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

Indicator: Personal remittances, paid (current US$), per unit of GDP
Unit: current US$ per US$ of GDP
Source: Statizoid (derived)
Licence: Derived by Statizoid from the sources named on the page
Coverage: 242 places, 9,632 data points, 1966–2025
Last refreshed: 12 September 2026

Personal remittances, paid (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.