Secondary income, other sectors, payments (BoP, current US$), annual in Bermuda
Bermuda: Secondary income, other sectors, payments (BoP, current US$), annual was 3.93 % change on previous year in 2023. ◆ Volatile
Secondary income, other sectors, payments (BoP, current US$), annual in Bermuda, 2007–2023
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Bermuda recorded 3.93 % change on previous year for secondary income, other sectors, payments (bop, current us$), annual in 2023.
That represents a change of up 141.9% on the previous year and up 27.8% over ten years.
Over the whole period, secondary income, other sectors, payments (bop, current us$), annual in Bermuda peaked at 18.49 % change on previous year in 2009 and was at its lowest, -11.16 % change on previous year, in 2018.
That places Bermuda 100th out of 197 countries with data for 2023, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Secondary income, other sectors, payments (BoP, current US$), annual in Bermuda, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 2007 | 17.33 % change on previous year | — |
| 2008 | 15.6 % change on previous year | -10.0% |
| 2009 | 18.49 % change on previous year | +18.5% |
| 2010 | 0.8352 % change on previous year | -95.5% |
| 2011 | 1.48 % change on previous year | +76.8% |
| 2012 | 8.4 % change on previous year | +468.5% |
| 2013 | 3.07 % change on previous year | -63.4% |
| 2014 | 8.34 % change on previous year | +171.4% |
| 2015 | 17.99 % change on previous year | +115.6% |
| 2016 | 5.86 % change on previous year | -67.4% |
| 2017 | 14.47 % change on previous year | +146.9% |
| 2018 | -11.16 % change on previous year | -177.1% |
| 2019 | 15.06 % change on previous year | -235.0% |
| 2020 | 2.23 % change on previous year | -85.2% |
| 2021 | 9.74 % change on previous year | +337.5% |
| 2022 | 1.62 % change on previous year | -83.3% |
| 2023 | 3.93 % change on previous year | +141.9% |
Bermuda compared with similar countries
- Bermuda's 3.93 % change on previous year is below the median for high income countries, which is 7.28 % change on previous year, 54% of the median. (71 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 17.14 % change on previous year | 15.6 % change on previous year | 18.49 % change on previous year | 3 |
| 2010s | 6.43 % change on previous year | -11.16 % change on previous year | 17.99 % change on previous year | 10 |
| 2020s | 4.38 % change on previous year | 1.62 % change on previous year | 9.74 % change on previous year | 4 |
Countries ranked near Bermuda
- 97 Panama 4.79 % change on previous year compare
- 98 Germany 4.76 % change on previous year compare
- 99 Aruba 4.2 % change on previous year compare
- 101 Portugal 3.33 % change on previous year compare
- 102 Afghanistan 3.31 % change on previous year compare
- 103 Finland 3.14 % change on previous year compare
More economy & growth data for Bermuda
- Foreign direct investment, net outflows (BoP, current US$), gaps 33.80 million BoP, current US$ (2024)
- Foreign direct investment, net outflows (BoP, current US$), per capita 522.99 BoP, current US$ 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$), annual -21.86 % change on previous year (2024)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0037 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0128 BoP, current US$ per US$ of GDP (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 US$) 4.44 % change on previous year (2024)
- General government final consumption expenditure (current LCU), per 15,245 current LCU per person (2024)
- General government final consumption expenditure (current LCU), per 0.1072 current LCU per US$ of GDP (2024)
Frequently asked questions
- What is secondary income, other sectors, payments (bop, current us$), annual in Bermuda?
- Secondary income, other sectors, payments (bop, current us$), annual in Bermuda was 3.93 % change on previous year in 2023, according to Statizoid (derived).
- What is the highest secondary income, other sectors, payments (bop, current us$), annual recorded in Bermuda?
- The highest recorded value was 18.49 % change on previous year in 2009.
- What is the lowest secondary income, other sectors, payments (bop, current us$), annual recorded in Bermuda?
- The lowest recorded value was -11.16 % change on previous year in 2018.
- How does Bermuda rank for secondary income, other sectors, payments (bop, current us$), annual?
- Bermuda ranks 100th out of 197 countries with data for 2023.
- Is secondary income, other sectors, payments (bop, current us$), annual rising or falling in Bermuda?
- Over the last ten years it is up 27.8%. The long-run trend across the full record is volatile.
- Where does this Bermuda data come from?
- The figures come from Statizoid (derived), published as part of Secondary income, other sectors, payments (BoP, current US$), annual growth rate. Statizoid updates them automatically from the source API.
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How this figure is calculated
The year-on-year percentage change in Secondary income, other sectors, payments (BoP, current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Secondary income, other sectors, payments Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF)
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
The year-on-year percentage change in Secondary income, other sectors, payments (BoP, current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.