Secondary income, other sectors, payments (BoP, current US$), per in Bermuda
Bermuda: Secondary income, other sectors, payments (BoP, current US$), per was 0.0528 BoP, current US$ per US$ of GDP 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 US$ of GDP.
Analysis
The most recent figure for secondary income, other sectors, payments (bop, current us$), per in Bermuda is 0.0528 BoP, current US$ per US$ of GDP, measured in 2023.
Compared with earlier readings it is down 6.2% on the previous year and up 41.0% over ten years.
Over the whole period, secondary income, other sectors, payments (bop, current us$), per in Bermuda peaked at 0.059 BoP, current US$ per US$ of GDP in 2021 and was at its lowest, 0.0214 BoP, current US$ per US$ of GDP, in 2006.
That places Bermuda 22nd out of 197 countries with data for 2023, putting it in the top quarter.
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 US$ of GDP | Change |
|---|---|---|
| 2006 | 0.0214 BoP, current US$ per US$ of GDP | — |
| 2007 | 0.0228 BoP, current US$ per US$ of GDP | +6.5% |
| 2008 | 0.0256 BoP, current US$ per US$ of GDP | +12.1% |
| 2009 | 0.0318 BoP, current US$ per US$ of GDP | +24.3% |
| 2010 | 0.0322 BoP, current US$ per US$ of GDP | +1.2% |
| 2011 | 0.0343 BoP, current US$ per US$ of GDP | +6.7% |
| 2012 | 0.0368 BoP, current US$ per US$ of GDP | +7.3% |
| 2013 | 0.0374 BoP, current US$ per US$ of GDP | +1.7% |
| 2014 | 0.0409 BoP, current US$ per US$ of GDP | +9.2% |
| 2015 | 0.0465 BoP, current US$ per US$ of GDP | +13.7% |
| 2016 | 0.0475 BoP, current US$ per US$ of GDP | +2.1% |
| 2017 | 0.0525 BoP, current US$ per US$ of GDP | +10.6% |
| 2018 | 0.0461 BoP, current US$ per US$ of GDP | -12.2% |
| 2019 | 0.0516 BoP, current US$ per US$ of GDP | +12.0% |
| 2020 | 0.0569 BoP, current US$ per US$ of GDP | +10.2% |
| 2021 | 0.059 BoP, current US$ per US$ of GDP | +3.7% |
| 2022 | 0.0563 BoP, current US$ per US$ of GDP | -4.6% |
| 2023 | 0.0528 BoP, current US$ per US$ of GDP | -6.2% |
Bermuda compared with similar countries
- Bermuda's 0.0528 BoP, current US$ per US$ of GDP is above the median for high income countries, which is 0.0169 BoP, current US$ per US$ of GDP, 3.1× the median. (72 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.0254 BoP, current US$ per US$ of GDP | 0.0214 BoP, current US$ per US$ of GDP | 0.0318 BoP, current US$ per US$ of GDP | 4 |
| 2010s | 0.0426 BoP, current US$ per US$ of GDP | 0.0322 BoP, current US$ per US$ of GDP | 0.0525 BoP, current US$ per US$ of GDP | 10 |
| 2020s | 0.0562 BoP, current US$ per US$ of GDP | 0.0528 BoP, current US$ per US$ of GDP | 0.059 BoP, current US$ per US$ of GDP | 4 |
Countries ranked near Bermuda
- 19 Tonga 0.0581 BoP, current US$ per US$ of GDP compare
- 20 East Timor 0.0574 BoP, current US$ per US$ of GDP compare
- 21 Bahrain 0.0563 BoP, current US$ per US$ of GDP compare
- 23 Grenada 0.0516 BoP, current US$ per US$ of GDP compare
- 24 Aruba 0.0511 BoP, current US$ per US$ of GDP compare
- 25 Micronesia (country) 0.0511 BoP, current US$ per US$ of GDP compare
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$), per in Bermuda?
- Secondary income, other sectors, payments (bop, current us$), per in Bermuda was 0.0528 BoP, current US$ per US$ of GDP in 2023, according to Statizoid (derived).
- What is the highest secondary income, other sectors, payments (bop, current us$), per recorded in Bermuda?
- The highest recorded value was 0.059 BoP, current US$ per US$ of GDP in 2021.
- What is the lowest secondary income, other sectors, payments (bop, current us$), per recorded in Bermuda?
- The lowest recorded value was 0.0214 BoP, current US$ per US$ of GDP in 2006.
- How does Bermuda rank for secondary income, other sectors, payments (bop, current us$), per?
- Bermuda ranks 22nd out of 197 countries with data for 2023.
- Is secondary income, other sectors, payments (bop, current us$), per rising or falling in Bermuda?
- Over the last ten years it is up 41.0%. 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$), per unit of GDP. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 18 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Secondary income, other sectors, payments (BoP, current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Secondary income, other sectors, payments (BoP, current US$) ÷ GDP (current US$)
Computed from
- Secondary income, other sectors, payments Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Secondary income, other sectors, payments (BoP, current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.