Personal remittances, paid (current US$) (IMF balance) in Bermuda
Bermuda: Personal remittances, paid (current US$) (IMF balance) was 195.23 million current US$ in 2025. ▼ Falling
Personal remittances, paid in Bermuda, 2006–2025
Source: IMF balance of payments data, International Monetary Fund (IMF). Measured in current US$.
Analysis
Bermuda recorded 195.23 million current US$ for personal remittances, paid in 2025.
That represents a change of up 1.3% on the previous year and up 4.4% over ten years.
Over the whole period, personal remittances, paid in Bermuda peaked at 238.62 million current US$ in 2010 and was at its lowest, 159.41 million current US$, in 2021.
Bermuda ranks 114th of 196 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 20 years of available data.
Personal remittances, paid (current US$) (IMF balance) in Bermuda, year by year
| Year | current US$ | Change |
|---|---|---|
| 2006 | 171.58 million current US$ | — |
| 2007 | 177.95 million current US$ | +3.7% |
| 2008 | 190.91 million current US$ | +7.3% |
| 2009 | 212.56 million current US$ | +11.3% |
| 2010 | 238.62 million current US$ | +12.3% |
| 2011 | 215.42 million current US$ | -9.7% |
| 2012 | 217.15 million current US$ | +0.8% |
| 2013 | 218.78 million current US$ | +0.8% |
| 2014 | 224.15 million current US$ | +2.5% |
| 2015 | 186.97 million current US$ | -16.6% |
| 2016 | 213.86 million current US$ | +14.4% |
| 2017 | 218.38 million current US$ | +2.1% |
| 2018 | 197.54 million current US$ | -9.5% |
| 2019 | 198.61 million current US$ | +0.5% |
| 2020 | 183.20 million current US$ | -7.8% |
| 2021 | 159.41 million current US$ | -13.0% |
| 2022 | 171.91 million current US$ | +7.8% |
| 2023 | 176.18 million current US$ | +2.5% |
| 2024 | 192.81 million current US$ | +9.4% |
| 2025 | 195.23 million current US$ | +1.3% |
Bermuda compared with similar countries
- Bermuda's 195.23 million current US$ is below the median for high income countries, which is 1.15 billion current US$, 17% of the median. (71 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 188.25 million current US$ | 171.58 million current US$ | 212.56 million current US$ | 4 |
| 2010s | 212.95 million current US$ | 186.97 million current US$ | 238.62 million current US$ | 10 |
| 2020s | 179.79 million current US$ | 159.41 million current US$ | 195.23 million current US$ | 6 |
Countries ranked near Bermuda
- 111 Morocco 220.15 million current US$ compare
- 112 Burkina Faso 203.03 million current US$ compare
- 113 El Salvador 197.51 million current US$ compare
- 115 Bosnia and Herzegovina 190.23 million current US$ compare
- 116 Guyana 181.34 million current US$ compare
- 117 Myanmar 178.87 million current US$ compare
More economy & growth data for Bermuda
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0128 BoP, current US$ 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 capita 1,823 BoP, current US$ per person (2024)
- General government final consumption expenditure (current LCU) 4.44 % change on previous year (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)
Frequently asked questions
- What is personal remittances, paid in Bermuda?
- Personal remittances, paid in Bermuda was 195.23 million current US$ in 2025, according to IMF balance of payments data, International Monetary Fund (IMF).
- What is the highest personal remittances, paid recorded in Bermuda?
- The highest recorded value was 238.62 million current US$ in 2010.
- What is the lowest personal remittances, paid recorded in Bermuda?
- The lowest recorded value was 159.41 million current US$ in 2021.
- How does Bermuda rank for personal remittances, paid?
- Bermuda ranks 114th out of 196 countries with data for 2025.
- Is personal remittances, paid rising or falling in Bermuda?
- Over the last ten years it is up 4.4%. The long-run trend across the full record is falling.
- Where does this Bermuda data come from?
- The figures come from IMF balance of payments data, International Monetary Fund (IMF), published as part of Personal remittances, paid (current US$). Statizoid updates them automatically from the source API.
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About this data
Personal remittances comprise personal transfers and compensation of employees. Personal transfers consist of all current transfers in cash or in kind made or received by resident households to or from nonresident households. Personal transfers thus include all current transfers between resident and nonresident individuals. Compensation of employees refers to the income of border, seasonal, and other short-term workers who are employed in an economy where they are not resident and of residents employed by nonresident entities. Data are the sum of two items defined in the sixth edition of the IMF's Balance of Payments Manual: personal transfers and compensation of employees. Data are in current U.S. dollars.