Primary income receipts in Bermuda
Bermuda: Primary income receipts was 2.76 billion BoP, current US$ in 2023. ▲ Rising
Primary income receipts in Bermuda, 2006–2023
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
The most recent figure for primary income receipts in Bermuda is 2.76 billion BoP, current US$, measured in 2023. That is the highest value across all 18 years on record.
The figure is up 17.9% on the previous year and up 18.2% over ten years.
Over the whole period, primary income receipts in Bermuda peaked at 2.76 billion BoP, current US$ in 2023 and was at its lowest, 1.68 billion BoP, current US$, in 2011.
Bermuda ranks 74th of 197 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 18 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 2.11 billion BoP, current US$ | 1.77 billion BoP, current US$ | 2.43 billion BoP, current US$ | 4 |
| 2010s | 1.93 billion BoP, current US$ | 1.68 billion BoP, current US$ | 2.34 billion BoP, current US$ | 10 |
| 2020s | 2.32 billion BoP, current US$ | 2.04 billion BoP, current US$ | 2.76 billion BoP, current US$ | 4 |
Countries ranked near Bermuda
More economy & growth data for Bermuda
- External balance on goods and services as a percent of gdp 30.09 (2024)
- Agriculture, forestry, and fishing, value added 15.10 million constant 2015 US$ (2024)
- Manufacturing, value added 28.52 million current LCU (2024)
- Manufacturing, value added 28.52 million current US$ (2024)
- Agriculture, forestry, and fishing, value added 14.31 million constant LCU (2024)
- Agriculture, forestry, and fishing, value added -0.2% (2024)
- Trade 80.2% (2024)
- External balance on goods and services 2.77 billion current LCU (2024)
- External balance on goods and services 30.1% (2024)
- Manufacturing, value added 29.38 million constant 2015 US$ (2024)
Frequently asked questions
- What is primary income receipts in Bermuda?
- Primary income receipts in Bermuda was 2.76 billion BoP, current US$ in 2023, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest primary income receipts recorded in Bermuda?
- The highest recorded value was 2.76 billion BoP, current US$ in 2023.
- What is the lowest primary income receipts recorded in Bermuda?
- The lowest recorded value was 1.68 billion BoP, current US$ in 2011.
- How does Bermuda rank for primary income receipts?
- Bermuda ranks 74th out of 197 countries with data for 2023.
- Is primary income receipts rising or falling in Bermuda?
- Over the last ten years it is up 18.2%. 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 Primary income receipts (BoP, current US$). Statizoid updates them automatically from the source API.
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About this data
Primary income receipts refer to employee compensation paid to resident workers working abroad and investment income (receipts on direct investment, portfolio investment, other investments, and receipts on reserve assets). 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.