Personal transfers, receipts (BoP, current US$) in Bermuda
Bermuda: Personal transfers, receipts was 1.62 million BoP, current US$ in 2017. ▲ Rising
Personal transfers, receipts in Bermuda, 2008–2017
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
Bermuda recorded 1.62 million BoP, current US$ for personal transfers, receipts in 2017. That is the highest value across all 10 years on record.
Compared with earlier readings it is up 601.2% over ten years.
Over the whole period, personal transfers, receipts in Bermuda peaked at 1.62 million BoP, current US$ in 2016 and was at its lowest, 231,505 BoP, current US$, in 2008.
That places Bermuda 172nd out of 177 countries with data for 2017, putting it in the bottom quarter.
Personal transfers, receipts in Bermuda, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 2008 | 231,505 BoP, current US$ | — |
| 2009 | 609,835 BoP, current US$ | +163.4% |
| 2010 | 1.09 million BoP, current US$ | +78.2% |
| 2011 | 1.50 million BoP, current US$ | +38.4% |
| 2012 | 1.30 million BoP, current US$ | -13.4% |
| 2013 | 1.53 million BoP, current US$ | +17.2% |
| 2014 | 1.51 million BoP, current US$ | -1.2% |
| 2015 | 1.50 million BoP, current US$ | -0.5% |
| 2016 | 1.62 million BoP, current US$ | +8.2% |
| 2017 | 1.62 million BoP, current US$ | +0.0% |
Bermuda compared with similar countries
- Bermuda's 1.62 million BoP, current US$ is below the median for high income countries, which is 187.46 million BoP, current US$, 1% of the median. (57 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 420,670 BoP, current US$ | 231,505 BoP, current US$ | 609,835 BoP, current US$ | 2 |
| 2010s | 1.46 million BoP, current US$ | 1.09 million BoP, current US$ | 1.62 million BoP, current US$ | 8 |
Countries ranked near Bermuda
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 transfers, receipts in Bermuda?
- Personal transfers, receipts in Bermuda was 1.62 million BoP, current US$ in 2017, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest personal transfers, receipts recorded in Bermuda?
- The highest recorded value was 1.62 million BoP, current US$ in 2016.
- What is the lowest personal transfers, receipts recorded in Bermuda?
- The lowest recorded value was 231,505 BoP, current US$ in 2008.
- How does Bermuda rank for personal transfers, receipts?
- Bermuda ranks 172nd out of 177 countries with data for 2017.
- Is personal transfers, receipts rising or falling in Bermuda?
- Over the last ten years it is up 601.2%. The long-run trend across the full record is rising.
- Where does this Bermuda data come from?
- The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Personal transfers, receipts (BoP, current US$). Statizoid updates them automatically from the source API.
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About this data
Personal transfers are current transfers, in cash or in kind, received by resident households from non-resident households. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.