Secondary income, other sectors, payments (BoP, current US$), gaps in Bermuda
Bermuda: Secondary income, other sectors, payments (BoP, current US$), gaps was 454.25 million BoP, current US$ in 2023. ▲ Rising
Secondary income, other sectors, payments (BoP, current US$), gaps in Bermuda, 2006–2023
Source: Statizoid (derived). Measured in BoP, current US$.
Analysis
Bermuda recorded 454.25 million BoP, current US$ for secondary income, other sectors, payments (bop, current us$), gaps in 2023. That is the highest value across all 18 years on record.
The figure is up 3.9% on the previous year and up 87.6% over ten years.
Over the whole period, secondary income, other sectors, payments (bop, current us$), gaps in Bermuda peaked at 454.25 million BoP, current US$ in 2023 and was at its lowest, 131.78 million BoP, current US$, in 2006.
That places Bermuda 91st out of 198 countries with data for 2023, putting it in the middle of the range.
The long-run direction has been consistently rising across the 18 years of available data.
Secondary income, other sectors, payments (BoP, current US$), gaps in Bermuda, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 2006 | 131.78 million BoP, current US$ | — |
| 2007 | 154.62 million BoP, current US$ | +17.3% |
| 2008 | 178.75 million BoP, current US$ | +15.6% |
| 2009 | 211.80 million BoP, current US$ | +18.5% |
| 2010 | 213.57 million BoP, current US$ | +0.8% |
| 2011 | 216.72 million BoP, current US$ | +1.5% |
| 2012 | 234.91 million BoP, current US$ | +8.4% |
| 2013 | 242.13 million BoP, current US$ | +3.1% |
| 2014 | 262.33 million BoP, current US$ | +8.3% |
| 2015 | 309.52 million BoP, current US$ | +18.0% |
| 2016 | 327.65 million BoP, current US$ | +5.9% |
| 2017 | 375.05 million BoP, current US$ | +14.5% |
| 2018 | 333.21 million BoP, current US$ | -11.2% |
| 2019 | 383.39 million BoP, current US$ | +15.1% |
| 2020 | 391.93 million BoP, current US$ | +2.2% |
| 2021 | 430.10 million BoP, current US$ | +9.7% |
| 2022 | 437.08 million BoP, current US$ | +1.6% |
| 2023 | 454.25 million BoP, current US$ | +3.9% |
Bermuda compared with similar countries
- Bermuda's 454.25 million BoP, current US$ is below the median for high income countries, which is 2.57 billion BoP, current US$, 18% of the median. (72 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 169.24 million BoP, current US$ | 131.78 million BoP, current US$ | 211.80 million BoP, current US$ | 4 |
| 2010s | 289.85 million BoP, current US$ | 213.57 million BoP, current US$ | 383.39 million BoP, current US$ | 10 |
| 2020s | 428.34 million BoP, current US$ | 391.93 million BoP, current US$ | 454.25 million BoP, current US$ | 4 |
Countries ranked near Bermuda
More economy & growth data for Bermuda
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0128 BoP, current US$ 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 capita 1,823 BoP, current US$ per person (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 secondary income, other sectors, payments (bop, current us$), gaps in Bermuda?
- Secondary income, other sectors, payments (bop, current us$), gaps in Bermuda was 454.25 million BoP, current US$ in 2023, according to Statizoid (derived).
- What is the highest secondary income, other sectors, payments (bop, current us$), gaps recorded in Bermuda?
- The highest recorded value was 454.25 million BoP, current US$ in 2023.
- What is the lowest secondary income, other sectors, payments (bop, current us$), gaps recorded in Bermuda?
- The lowest recorded value was 131.78 million BoP, current US$ in 2006.
- How does Bermuda rank for secondary income, other sectors, payments (bop, current us$), gaps?
- Bermuda ranks 91st out of 198 countries with data for 2023.
- Is secondary income, other sectors, payments (bop, current us$), gaps rising or falling in Bermuda?
- Over the last ten years it is up 87.6%. 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 Secondary income, other sectors, payments (BoP, current US$), gaps filled. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 18 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Secondary income, other sectors, payments (BoP, current US$) with 62 missing years estimated by linear interpolation between the nearest real observations. Only gaps of 4 years or fewer are filled, and never beyond the first or last actual measurement — these are filled holes, not forecasts.
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
Secondary income, other sectors, payments (BoP, current US$) with 62 missing years estimated by linear interpolation between the nearest real observations. Only gaps of 4 years or fewer are filled, and never beyond the first or last actual measurement — these are filled holes, not forecasts.