Secondary income, other sectors, payments (BoP, current US$), per in Bermuda
Bermuda: Secondary income, other sectors, payments (BoP, current US$), per was 8.41 million BoP, current US$ per square kilometre in 2023. ▲ Rising
Secondary income, other sectors, payments (BoP, current US$), per in Bermuda, 2006–2023
Source: Statizoid (derived). Measured in BoP, current US$ per square kilometre.
Analysis
The most recent figure for secondary income, other sectors, payments (bop, current us$), per in Bermuda is 8.41 million BoP, current US$ per square kilometre, measured in 2023. That is the highest value across all 18 years on record.
That represents a change of 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$), per in Bermuda peaked at 8.41 million BoP, current US$ per square kilometre in 2023 and was at its lowest, 2.44 million BoP, current US$ per square kilometre, in 2006.
That places Bermuda 4th out of 196 countries with data for 2023, putting it in the top 10%.
The long-run direction has been consistently rising across the 18 years of available data.
Secondary income, other sectors, payments (BoP, current US$), per in Bermuda, year by year
| Year | BoP, current US$ per square kilometre | Change |
|---|---|---|
| 2006 | 2.44 million BoP, current US$ per square kilometre | — |
| 2007 | 2.86 million BoP, current US$ per square kilometre | +17.3% |
| 2008 | 3.31 million BoP, current US$ per square kilometre | +15.6% |
| 2009 | 3.92 million BoP, current US$ per square kilometre | +18.5% |
| 2010 | 3.95 million BoP, current US$ per square kilometre | +0.8% |
| 2011 | 4.01 million BoP, current US$ per square kilometre | +1.5% |
| 2012 | 4.35 million BoP, current US$ per square kilometre | +8.4% |
| 2013 | 4.48 million BoP, current US$ per square kilometre | +3.1% |
| 2014 | 4.86 million BoP, current US$ per square kilometre | +8.3% |
| 2015 | 5.73 million BoP, current US$ per square kilometre | +18.0% |
| 2016 | 6.07 million BoP, current US$ per square kilometre | +5.9% |
| 2017 | 6.95 million BoP, current US$ per square kilometre | +14.5% |
| 2018 | 6.17 million BoP, current US$ per square kilometre | -11.2% |
| 2019 | 7.10 million BoP, current US$ per square kilometre | +15.1% |
| 2020 | 7.26 million BoP, current US$ per square kilometre | +2.2% |
| 2021 | 7.96 million BoP, current US$ per square kilometre | +9.7% |
| 2022 | 8.09 million BoP, current US$ per square kilometre | +1.6% |
| 2023 | 8.41 million BoP, current US$ per square kilometre | +3.9% |
Bermuda compared with similar countries
- Bermuda's 8.41 million BoP, current US$ per square kilometre is above the median for high income countries, which is 75,676 BoP, current US$ per square kilometre, 111.2× the median. (72 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 3.13 million BoP, current US$ per square kilometre | 2.44 million BoP, current US$ per square kilometre | 3.92 million BoP, current US$ per square kilometre | 4 |
| 2010s | 5.37 million BoP, current US$ per square kilometre | 3.95 million BoP, current US$ per square kilometre | 7.10 million BoP, current US$ per square kilometre | 10 |
| 2020s | 7.93 million BoP, current US$ per square kilometre | 7.26 million BoP, current US$ per square kilometre | 8.41 million BoP, current US$ per square kilometre | 4 |
Countries ranked near Bermuda
- 1 Macao 104.06 million BoP, current US$ per square kilometre compare
- 2 Singapore 52.54 million BoP, current US$ per square kilometre compare
- 3 Cayman Islands 26.66 million BoP, current US$ per square kilometre compare
- 5 Sint Maarten (Dutch part) 5.53 million BoP, current US$ per square kilometre compare
- 6 Luxembourg 3.90 million BoP, current US$ per square kilometre compare
- 7 Hong Kong 3.88 million BoP, current US$ per square kilometre 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$), per in Bermuda?
- Secondary income, other sectors, payments (bop, current us$), per in Bermuda was 8.41 million BoP, current US$ per square kilometre in 2023, according to Statizoid (derived).
- What is the highest secondary income, other sectors, payments (bop, current us$), per recorded in Bermuda?
- The highest recorded value was 8.41 million BoP, current US$ per square kilometre in 2023.
- What is the lowest secondary income, other sectors, payments (bop, current us$), per recorded in Bermuda?
- The lowest recorded value was 2.44 million BoP, current US$ per square kilometre in 2006.
- How does Bermuda rank for secondary income, other sectors, payments (bop, current us$), per?
- Bermuda ranks 4th out of 196 countries with data for 2023.
- Is secondary income, other sectors, payments (bop, current us$), per 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$), per square kilometre. Statizoid updates them automatically from the source API.
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How this figure is calculated
Secondary income, other sectors, payments (BoP, current US$) divided by Land area (sq. km), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Secondary income, other sectors, payments (BoP, current US$) ÷ Land area (sq. km)
Computed from
- Secondary income, other sectors, payments Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF)
- Land area FAOSTAT, Food and Agriculture Organization of the United Nations (FAO)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Secondary income, other sectors, payments (BoP, current US$) divided by Land area (sq. km), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.