Secondary income receipts (BoP, current US$), per capita in Bermuda
Bermuda: Secondary income receipts (BoP, current US$), per capita was 4,202 BoP, current US$ per person in 2023. ▲ Rising
Secondary income receipts (BoP, current US$), per capita in Bermuda, 2006–2023
Source: Statizoid (derived). Measured in BoP, current US$ per person.
Analysis
Bermuda recorded 4,202 BoP, current US$ per person for secondary income receipts (bop, current us$), per capita in 2023. That is the highest value across all 18 years on record.
Compared with earlier readings it is up 17.9% on the previous year and up 178.1% over ten years.
Over the whole period, secondary income receipts (bop, current us$), per capita in Bermuda peaked at 4,202 BoP, current US$ per person in 2023 and was at its lowest, 1,087 BoP, current US$ per person, in 2008.
That places Bermuda 6th out of 199 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 receipts (BoP, current US$), per capita in Bermuda, year by year
| Year | BoP, current US$ per person | Change |
|---|---|---|
| 2006 | 2,019 BoP, current US$ per person | — |
| 2007 | 1,710 BoP, current US$ per person | -15.3% |
| 2008 | 1,087 BoP, current US$ per person | -36.5% |
| 2009 | 1,409 BoP, current US$ per person | +29.7% |
| 2010 | 1,235 BoP, current US$ per person | -12.4% |
| 2011 | 1,384 BoP, current US$ per person | +12.1% |
| 2012 | 1,603 BoP, current US$ per person | +15.9% |
| 2013 | 1,511 BoP, current US$ per person | -5.7% |
| 2014 | 1,930 BoP, current US$ per person | +27.7% |
| 2015 | 2,427 BoP, current US$ per person | +25.8% |
| 2016 | 2,529 BoP, current US$ per person | +4.2% |
| 2017 | 2,931 BoP, current US$ per person | +15.9% |
| 2018 | 2,693 BoP, current US$ per person | -8.1% |
| 2019 | 3,319 BoP, current US$ per person | +23.2% |
| 2020 | 2,870 BoP, current US$ per person | -13.5% |
| 2021 | 3,693 BoP, current US$ per person | +28.7% |
| 2022 | 3,563 BoP, current US$ per person | -3.5% |
| 2023 | 4,202 BoP, current US$ per person | +17.9% |
Bermuda compared with similar countries
- Bermuda's 4,202 BoP, current US$ per person is above the median for high income countries, which is 763.29 BoP, current US$ per person, 5.5× the median. (71 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1,556 BoP, current US$ per person | 1,087 BoP, current US$ per person | 2,019 BoP, current US$ per person | 4 |
| 2010s | 2,156 BoP, current US$ per person | 1,235 BoP, current US$ per person | 3,319 BoP, current US$ per person | 10 |
| 2020s | 3,582 BoP, current US$ per person | 2,870 BoP, current US$ per person | 4,202 BoP, current US$ per person | 4 |
Countries ranked near Bermuda
- 3 Switzerland 8,180 BoP, current US$ per person compare
- 4 Singapore 5,952 BoP, current US$ per person compare
- 5 Faroe Islands 4,766 BoP, current US$ per person compare
- 7 Marshall Islands 3,671 BoP, current US$ per person compare
- 8 Tuvalu 3,298 BoP, current US$ per person compare
- 9 Nauru 3,282 BoP, current US$ per person 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$) 4.44 % change on previous year (2024)
Frequently asked questions
- What is secondary income receipts (bop, current us$), per capita in Bermuda?
- Secondary income receipts (bop, current us$), per capita in Bermuda was 4,202 BoP, current US$ per person in 2023, according to Statizoid (derived).
- What is the highest secondary income receipts (bop, current us$), per capita recorded in Bermuda?
- The highest recorded value was 4,202 BoP, current US$ per person in 2023.
- What is the lowest secondary income receipts (bop, current us$), per capita recorded in Bermuda?
- The lowest recorded value was 1,087 BoP, current US$ per person in 2008.
- How does Bermuda rank for secondary income receipts (bop, current us$), per capita?
- Bermuda ranks 6th out of 199 countries with data for 2023.
- Is secondary income receipts (bop, current us$), per capita rising or falling in Bermuda?
- Over the last ten years it is up 178.1%. 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 receipts (BoP, current US$), per capita. Statizoid updates them automatically from the source API.
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How this figure is calculated
Secondary income receipts (BoP, current US$) divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Secondary income receipts (BoP, current US$) ÷ Population, total
Computed from
- Secondary income receipts Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF)
- Population, total World Population Prospects, United Nations (UN)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Secondary income receipts (BoP, current US$) divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.