Primary income payments (BoP, current US$), per unit of GDP in Bermuda
Bermuda: Primary income payments (BoP, current US$), per unit of GDP was 0.0639 BoP, current US$ per US$ of GDP in 2023. ▼ Falling
Primary income payments (BoP, current US$), per unit of GDP in Bermuda, 2006–2023
Source: Statizoid (derived). Measured in BoP, current US$ per US$ of GDP.
Analysis
The most recent figure for primary income payments (bop, current us$), per unit of gdp in Bermuda is 0.0639 BoP, current US$ per US$ of GDP, measured in 2023.
The figure is up 183.6% on the previous year and down 49.9% over ten years.
Over the whole period, primary income payments (bop, current us$), per unit of gdp in Bermuda peaked at 0.1275 BoP, current US$ per US$ of GDP in 2013 and was at its lowest, 0.0226 BoP, current US$ per US$ of GDP, in 2022.
Bermuda ranks 78th of 199 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 18 years of available data.
Primary income payments (BoP, current US$), per unit of GDP in Bermuda, year by year
| Year | BoP, current US$ per US$ of GDP | Change |
|---|---|---|
| 2006 | 0.0525 BoP, current US$ per US$ of GDP | — |
| 2007 | 0.0755 BoP, current US$ per US$ of GDP | +43.8% |
| 2008 | 0.0821 BoP, current US$ per US$ of GDP | +8.7% |
| 2009 | 0.0558 BoP, current US$ per US$ of GDP | -32.1% |
| 2010 | 0.0476 BoP, current US$ per US$ of GDP | -14.7% |
| 2011 | 0.0561 BoP, current US$ per US$ of GDP | +17.9% |
| 2012 | 0.0402 BoP, current US$ per US$ of GDP | -28.3% |
| 2013 | 0.1275 BoP, current US$ per US$ of GDP | +217.2% |
| 2014 | 0.0469 BoP, current US$ per US$ of GDP | -63.2% |
| 2015 | 0.0389 BoP, current US$ per US$ of GDP | -17.2% |
| 2016 | 0.0445 BoP, current US$ per US$ of GDP | +14.4% |
| 2017 | 0.0409 BoP, current US$ per US$ of GDP | -8.1% |
| 2018 | 0.0389 BoP, current US$ per US$ of GDP | -4.7% |
| 2019 | 0.0553 BoP, current US$ per US$ of GDP | +42.1% |
| 2020 | 0.0391 BoP, current US$ per US$ of GDP | -29.2% |
| 2021 | 0.025 BoP, current US$ per US$ of GDP | -36.2% |
| 2022 | 0.0226 BoP, current US$ per US$ of GDP | -9.7% |
| 2023 | 0.0639 BoP, current US$ per US$ of GDP | +183.6% |
Bermuda compared with similar countries
- Bermuda's 0.0639 BoP, current US$ per US$ of GDP is below the median for high income countries, which is 0.0777 BoP, current US$ per US$ of GDP, 82% of the median. (72 countries reporting)
Biggest year-on-year movements
Years where Primary income payments (BoP, current US$), per unit of GDP in Bermuda changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2013 | +217.2% | 0.0402 BoP, current US$ per US$ of GDP | 0.1275 BoP, current US$ per US$ of GDP |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.0665 BoP, current US$ per US$ of GDP | 0.0525 BoP, current US$ per US$ of GDP | 0.0821 BoP, current US$ per US$ of GDP | 4 |
| 2010s | 0.0537 BoP, current US$ per US$ of GDP | 0.0389 BoP, current US$ per US$ of GDP | 0.1275 BoP, current US$ per US$ of GDP | 10 |
| 2020s | 0.0377 BoP, current US$ per US$ of GDP | 0.0226 BoP, current US$ per US$ of GDP | 0.0639 BoP, current US$ per US$ of GDP | 4 |
Countries ranked near Bermuda
- 75 Seychelles 0.066 BoP, current US$ per US$ of GDP compare
- 76 Papua New Guinea 0.065 BoP, current US$ per US$ of GDP compare
- 77 Azerbaijan 0.0644 BoP, current US$ per US$ of GDP compare
- 79 Slovakia 0.0638 BoP, current US$ per US$ of GDP compare
- 80 Burkina Faso 0.0628 BoP, current US$ per US$ of GDP compare
- 81 North Macedonia 0.0621 BoP, current US$ per US$ of GDP 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$), per unit of gdp in Bermuda?
- Primary income payments (bop, current us$), per unit of gdp in Bermuda was 0.0639 BoP, current US$ per US$ of GDP in 2023, according to Statizoid (derived).
- What is the highest primary income payments (bop, current us$), per unit of gdp recorded in Bermuda?
- The highest recorded value was 0.1275 BoP, current US$ per US$ of GDP in 2013.
- What is the lowest primary income payments (bop, current us$), per unit of gdp recorded in Bermuda?
- The lowest recorded value was 0.0226 BoP, current US$ per US$ of GDP in 2022.
- How does Bermuda rank for primary income payments (bop, current us$), per unit of gdp?
- Bermuda ranks 78th out of 199 countries with data for 2023.
- Is primary income payments (bop, current us$), per unit of gdp rising or falling in Bermuda?
- Over the last ten years it is down 49.9%. 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$), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Primary income payments (BoP, current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Primary income payments (BoP, current US$) ÷ GDP (current US$)
Computed from
- Primary income payments Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Primary income payments (BoP, current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.