Primary income receipts (BoP, current US$), per capita in Bermuda
Bermuda: Primary income receipts (BoP, current US$), per capita was 42,690 BoP, current US$ per person in 2023. ▲ Rising
Primary income receipts (BoP, current US$), per capita in Bermuda, 2006–2023
Source: Statizoid (derived). Measured in BoP, current US$ per person.
Analysis
In 2023, primary income receipts (bop, current us$), per capita in Bermuda stood at 42,690 BoP, current US$ per person. That is the highest value across all 18 years on record.
The figure is up 18.0% on the previous year and up 16.1% over ten years.
Over the whole period, primary income receipts (bop, current us$), per capita in Bermuda peaked at 42,690 BoP, current US$ per person in 2023 and was at its lowest, 26,349 BoP, current US$ per person, in 2011.
Bermuda ranks 5th of 199 countries on this measure, in the top 10%.
The long-run direction has been consistently rising across the 18 years of available data.
Primary income receipts (BoP, current US$), per capita in Bermuda, year by year
| Year | BoP, current US$ per person | Change |
|---|---|---|
| 2006 | 30,564 BoP, current US$ per person | — |
| 2007 | 38,589 BoP, current US$ per person | +26.3% |
| 2008 | 36,472 BoP, current US$ per person | -5.5% |
| 2009 | 27,902 BoP, current US$ per person | -23.5% |
| 2010 | 27,219 BoP, current US$ per person | -2.4% |
| 2011 | 26,349 BoP, current US$ per person | -3.2% |
| 2012 | 27,040 BoP, current US$ per person | +2.6% |
| 2013 | 36,768 BoP, current US$ per person | +36.0% |
| 2014 | 29,491 BoP, current US$ per person | -19.8% |
| 2015 | 30,500 BoP, current US$ per person | +3.4% |
| 2016 | 30,584 BoP, current US$ per person | +0.3% |
| 2017 | 32,742 BoP, current US$ per person | +7.1% |
| 2018 | 30,628 BoP, current US$ per person | -6.5% |
| 2019 | 32,016 BoP, current US$ per person | +4.5% |
| 2020 | 31,686 BoP, current US$ per person | -1.0% |
| 2021 | 33,098 BoP, current US$ per person | +4.5% |
| 2022 | 36,173 BoP, current US$ per person | +9.3% |
| 2023 | 42,690 BoP, current US$ per person | +18.0% |
Bermuda compared with similar countries
- Bermuda's 42,690 BoP, current US$ per person is above the median for high income countries, which is 2,439 BoP, current US$ per person, 17.5× the median. (72 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 33,381 BoP, current US$ per person | 27,902 BoP, current US$ per person | 38,589 BoP, current US$ per person | 4 |
| 2010s | 30,334 BoP, current US$ per person | 26,349 BoP, current US$ per person | 36,768 BoP, current US$ per person | 10 |
| 2020s | 35,912 BoP, current US$ per person | 31,686 BoP, current US$ per person | 42,690 BoP, current US$ per person | 4 |
Countries ranked near Bermuda
- 2 Cayman Islands 82,778 BoP, current US$ per person compare
- 3 Malta 72,536 BoP, current US$ per person compare
- 4 Ireland 57,788 BoP, current US$ per person compare
- 6 Hong Kong 38,046 BoP, current US$ per person compare
- 7 Singapore 35,918 BoP, current US$ per person compare
- 8 Switzerland 27,238 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 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$) 4.44 % change on previous year (2024)
Frequently asked questions
- What is primary income receipts (bop, current us$), per capita in Bermuda?
- Primary income receipts (bop, current us$), per capita in Bermuda was 42,690 BoP, current US$ per person in 2023, according to Statizoid (derived).
- What is the highest primary income receipts (bop, current us$), per capita recorded in Bermuda?
- The highest recorded value was 42,690 BoP, current US$ per person in 2023.
- What is the lowest primary income receipts (bop, current us$), per capita recorded in Bermuda?
- The lowest recorded value was 26,349 BoP, current US$ per person in 2011.
- How does Bermuda rank for primary income receipts (bop, current us$), per capita?
- Bermuda ranks 5th out of 199 countries with data for 2023.
- Is primary income receipts (bop, current us$), per capita rising or falling in Bermuda?
- Over the last ten years it is up 16.1%. The long-run trend across the full record is rising.
- Where does this Bermuda data come from?
- The figures come from Statizoid (derived), published as part of Primary income receipts (BoP, current US$), per capita. Statizoid updates them automatically from the source API.
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How this figure is calculated
Primary income receipts (BoP, current US$) 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 receipts (BoP, current US$) ÷ Population, total
Computed from
- Primary income receipts Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF)
- Population, total World Population Prospects, United Nations (UN)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Primary income receipts (BoP, current US$) divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.