Primary income payments (BoP, current US$), per capita in Bermuda
Bermuda: Primary income payments (BoP, current US$), per capita was 8,502 BoP, current US$ per person in 2023. ▼ Falling
Primary income payments (BoP, current US$), per capita in Bermuda, 2006–2023
Source: Statizoid (derived). Measured in BoP, current US$ per person.
Analysis
In 2023, primary income payments (bop, current us$), per capita in Bermuda stood at 8,502 BoP, current US$ per person.
That represents a change of up 214.3% on the previous year and down 34.4% over ten years.
Over the whole period, primary income payments (bop, current us$), per capita in Bermuda peaked at 12,970 BoP, current US$ per person in 2013 and was at its lowest, 2,705 BoP, current US$ per person, in 2022.
That places Bermuda 15th out of 200 countries with data for 2023, putting it in the top 10%.
The long-run direction has been consistently falling across the 18 years of available data.
Primary income payments (BoP, current US$), per capita in Bermuda, year by year
| Year | BoP, current US$ per person | Change |
|---|---|---|
| 2006 | 5,137 BoP, current US$ per person | — |
| 2007 | 8,113 BoP, current US$ per person | +57.9% |
| 2008 | 9,058 BoP, current US$ per person | +11.6% |
| 2009 | 5,839 BoP, current US$ per person | -35.5% |
| 2010 | 4,951 BoP, current US$ per person | -15.2% |
| 2011 | 5,553 BoP, current US$ per person | +12.2% |
| 2012 | 4,029 BoP, current US$ per person | -27.4% |
| 2013 | 12,970 BoP, current US$ per person | +221.9% |
| 2014 | 4,739 BoP, current US$ per person | -63.5% |
| 2015 | 4,075 BoP, current US$ per person | -14.0% |
| 2016 | 4,835 BoP, current US$ per person | +18.6% |
| 2017 | 4,590 BoP, current US$ per person | -5.1% |
| 2018 | 4,406 BoP, current US$ per person | -4.0% |
| 2019 | 6,407 BoP, current US$ per person | +45.4% |
| 2020 | 4,187 BoP, current US$ per person | -34.6% |
| 2021 | 2,815 BoP, current US$ per person | -32.8% |
| 2022 | 2,705 BoP, current US$ per person | -3.9% |
| 2023 | 8,502 BoP, current US$ per person | +214.3% |
Bermuda compared with similar countries
- Bermuda's 8,502 BoP, current US$ per person is above the median for high income countries, which is 2,432 BoP, current US$ per person, 3.5× the median. (72 countries reporting)
Biggest year-on-year movements
Years where Primary income payments (BoP, current US$), per capita in Bermuda changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2013 | +221.9% | 4,029 BoP, current US$ per person | 12,970 BoP, current US$ per person |
| 2023 | +214.3% | 2,705 BoP, current US$ per person | 8,502 BoP, current US$ per person |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 7,037 BoP, current US$ per person | 5,137 BoP, current US$ per person | 9,058 BoP, current US$ per person | 4 |
| 2010s | 5,656 BoP, current US$ per person | 4,029 BoP, current US$ per person | 12,970 BoP, current US$ per person | 10 |
| 2020s | 4,553 BoP, current US$ per person | 2,705 BoP, current US$ per person | 8,502 BoP, current US$ per person | 4 |
Countries ranked near Bermuda
- 12 San Marino 9,697 BoP, current US$ per person compare
- 13 Belgium 9,295 BoP, current US$ per person compare
- 14 Mauritius 8,951 BoP, current US$ per person compare
- 16 United Kingdom 8,302 BoP, current US$ per person compare
- 17 Qatar 8,170 BoP, current US$ per person compare
- 18 Sweden 6,700 BoP, current US$ per person 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 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 primary income payments (bop, current us$), per capita in Bermuda?
- Primary income payments (bop, current us$), per capita in Bermuda was 8,502 BoP, current US$ per person in 2023, according to Statizoid (derived).
- What is the highest primary income payments (bop, current us$), per capita recorded in Bermuda?
- The highest recorded value was 12,970 BoP, current US$ per person in 2013.
- What is the lowest primary income payments (bop, current us$), per capita recorded in Bermuda?
- The lowest recorded value was 2,705 BoP, current US$ per person in 2022.
- How does Bermuda rank for primary income payments (bop, current us$), per capita?
- Bermuda ranks 15th out of 200 countries with data for 2023.
- Is primary income payments (bop, current us$), per capita rising or falling in Bermuda?
- Over the last ten years it is down 34.4%. 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 Primary income payments (BoP, current US$), per capita. Statizoid updates them automatically from the source API.
Download this data
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How this figure is calculated
Primary income payments (BoP, current US$) divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Primary income payments (BoP, current US$) ÷ Population, total
Computed from
- Primary income payments Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF)
- Population, total World Population Prospects, United Nations (UN)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Primary income payments (BoP, current US$) divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.