Secondary income receipts (BoP, current US$), annual growth rate in Bermuda
Bermuda: Secondary income receipts (BoP, current US$), annual growth rate was 17.82 % change on previous year in 2023. ◆ Volatile
Secondary income receipts (BoP, current US$), annual growth rate in Bermuda, 2007–2023
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2023, secondary income receipts (bop, current us$), annual growth rate in Bermuda stood at 17.82 % change on previous year.
That represents a change of up 631.8% on the previous year and up 404.4% over ten years.
Over the whole period, secondary income receipts (bop, current us$), annual growth rate in Bermuda peaked at 30.2 % change on previous year in 2009 and was at its lowest, -36.17 % change on previous year, in 2008.
That places Bermuda 38th out of 198 countries with data for 2023, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Secondary income receipts (BoP, current US$), annual growth rate in Bermuda, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 2007 | -15.06 % change on previous year | — |
| 2008 | -36.17 % change on previous year | +140.1% |
| 2009 | 30.2 % change on previous year | -183.5% |
| 2010 | -12.17 % change on previous year | -140.3% |
| 2011 | 12.08 % change on previous year | -199.2% |
| 2012 | 15.72 % change on previous year | +30.1% |
| 2013 | -5.86 % change on previous year | -137.2% |
| 2014 | 27.65 % change on previous year | -572.3% |
| 2015 | 25.63 % change on previous year | -7.3% |
| 2016 | 4.18 % change on previous year | -83.7% |
| 2017 | 16.12 % change on previous year | +286.1% |
| 2018 | -7.76 % change on previous year | -148.1% |
| 2019 | 23.77 % change on previous year | -406.4% |
| 2020 | -13.15 % change on previous year | -155.3% |
| 2021 | 29.19 % change on previous year | -322.0% |
| 2022 | -3.35 % change on previous year | -111.5% |
| 2023 | 17.82 % change on previous year | -631.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -7.01 % change on previous year | -36.17 % change on previous year | 30.2 % change on previous year | 3 |
| 2010s | 9.94 % change on previous year | -12.17 % change on previous year | 27.65 % change on previous year | 10 |
| 2020s | 7.63 % change on previous year | -13.15 % change on previous year | 29.19 % change on previous year | 4 |
Countries ranked near Bermuda
- 35 Romania 18.73 % change on previous year compare
- 36 Malta 18.68 % change on previous year compare
- 37 El Salvador 18.47 % change on previous year compare
- 39 Finland 17.69 % change on previous year compare
- 40 Lithuania 17.56 % change on previous year compare
- 41 Hong Kong 16.94 % change on previous year compare
More economy & growth data for Bermuda
- General government final consumption expenditure (current LCU), per 0.1072 current LCU 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 unit 0.0128 BoP, current US$ per US$ of GDP (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)
- General government final consumption expenditure (current US$) 4.44 % change on previous year (2024)
Frequently asked questions
- What is secondary income receipts (bop, current us$), annual growth rate in Bermuda?
- Secondary income receipts (bop, current us$), annual growth rate in Bermuda was 17.82 % change on previous year in 2023, according to Statizoid (derived).
- What is the highest secondary income receipts (bop, current us$), annual growth rate recorded in Bermuda?
- The highest recorded value was 30.2 % change on previous year in 2009.
- What is the lowest secondary income receipts (bop, current us$), annual growth rate recorded in Bermuda?
- The lowest recorded value was -36.17 % change on previous year in 2008.
- How does Bermuda rank for secondary income receipts (bop, current us$), annual growth rate?
- Bermuda ranks 38th out of 198 countries with data for 2023.
- Is secondary income receipts (bop, current us$), annual growth rate rising or falling in Bermuda?
- Over the last ten years it is up 404.4%. The long-run trend across the full record is volatile.
- Where does this Bermuda data come from?
- The figures come from Statizoid (derived), published as part of Secondary income receipts (BoP, current US$), 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 receipts (BoP, current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Secondary income receipts Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Secondary income receipts (BoP, current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.