Service exports and imports gdp in Bermuda
Bermuda: Service exports and imports gdp was 31.04 in 2023. ▼ Falling
Latest (2023)
31.04
Change on year
up 0.3%
World rank
65th
of 198 countries
All-time high
40.21
in 2007
All-time low
26.32
in 2020
Years of data
18
2006–2023
Service exports and imports gdp in Bermuda, 2006–2023
Source: Our World in Data.
Analysis
In 2023, service exports and imports gdp in Bermuda stood at 31.04.
That represents a change of up 0.3% on the previous year and down 11.7% over ten years.
Over the whole period, service exports and imports gdp in Bermuda peaked at 40.21 in 2007 and was at its lowest, 26.32, in 2020.
Bermuda ranks 65th of 198 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 18 years of available data.
Service exports and imports gdp in Bermuda, year by year
| Year | Value | Change |
|---|---|---|
| 2006 | 39.95 | — |
| 2007 | 40.21 | +0.7% |
| 2008 | 35.91 | -10.7% |
| 2009 | 34.72 | -3.3% |
| 2010 | 36.4 | +4.8% |
| 2011 | 37.3 | +2.5% |
| 2012 | 35.86 | -3.9% |
| 2013 | 35.17 | -1.9% |
| 2014 | 36.14 | +2.8% |
| 2015 | 31.95 | -11.6% |
| 2016 | 32.45 | +1.5% |
| 2017 | 32.57 | +0.4% |
| 2018 | 36.89 | +13.3% |
| 2019 | 35.82 | -2.9% |
| 2020 | 26.32 | -26.5% |
| 2021 | 26.97 | +2.5% |
| 2022 | 30.94 | +14.7% |
| 2023 | 31.04 | +0.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 37.69 | 34.72 | 40.21 | 4 |
| 2010s | 35.05 | 31.95 | 37.3 | 10 |
| 2020s | 28.82 | 26.32 | 31.04 | 4 |
Countries ranked near Bermuda
More economy & growth data for Bermuda
- Gross domestic savings (current LCU), per capita 63,986 current LCU per person (2024)
- Gross domestic savings (current LCU), per unit of GDP 0.4498 current LCU per US$ of GDP (2024)
- Gross domestic savings (current LCU), annual growth rate 10.52 % change on previous year (2024)
- Gross domestic savings (current US$), per capita 63,986 current US$ per person (2024)
- Gross domestic savings (current US$), per unit of GDP 0.4498 current US$ per US$ of GDP (2024)
- Gross domestic savings (current US$), annual growth rate 10.52 % change on previous year (2024)
- Exports of goods and services 55.1% (2024)
- Services, value added 8.40 billion current US$ (2024)
- Gross national expenditure 66.1% (2024)
- Exports of goods and services 5.07 billion current US$ (2024)
Frequently asked questions
- What is service exports and imports gdp in Bermuda?
- Service exports and imports gdp in Bermuda was 31.04 in 2023, according to Our World in Data.
- What is the highest service exports and imports gdp recorded in Bermuda?
- The highest recorded value was 40.21 in 2007.
- What is the lowest service exports and imports gdp recorded in Bermuda?
- The lowest recorded value was 26.32 in 2020.
- How does Bermuda rank for service exports and imports gdp?
- Bermuda ranks 65th out of 198 countries with data for 2023.
- Is service exports and imports gdp rising or falling in Bermuda?
- Over the last ten years it is down 11.7%. The long-run trend across the full record is falling.
- Where does this Bermuda data come from?
- The figures come from Our World in Data, published as part of Service exports and imports gdp. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 18 observations, free to reuse under CC BY 4.0 (Our World in Data).