Service exports (BoP, current US$), per capita in Bermuda
Bermuda: Service exports (BoP, current US$), per capita was 24,529 BoP, current US$ per person in 2023. ▼ Falling
Service exports (BoP, current US$), per capita in Bermuda, 2006–2023
Source: Statizoid (derived). Measured in BoP, current US$ per person.
Analysis
In 2023, service exports (bop, current us$), per capita in Bermuda stood at 24,529 BoP, current US$ per person.
The figure is up 12.9% on the previous year and up 13.1% over ten years.
Over the whole period, service exports (bop, current us$), per capita in Bermuda peaked at 25,482 BoP, current US$ per person in 2007 and was at its lowest, 15,790 BoP, current US$ per person, in 2020.
Bermuda ranks 12th of 200 countries on this measure, in the top 10%.
The long-run direction has been consistently falling across the 18 years of available data.
Service exports (BoP, current US$), per capita in Bermuda, year by year
| Year | BoP, current US$ per person | Change |
|---|---|---|
| 2006 | 25,342 BoP, current US$ per person | — |
| 2007 | 25,482 BoP, current US$ per person | +0.6% |
| 2008 | 23,139 BoP, current US$ per person | -9.2% |
| 2009 | 20,872 BoP, current US$ per person | -9.8% |
| 2010 | 21,991 BoP, current US$ per person | +5.4% |
| 2011 | 22,874 BoP, current US$ per person | +4.0% |
| 2012 | 21,820 BoP, current US$ per person | -4.6% |
| 2013 | 21,681 BoP, current US$ per person | -0.6% |
| 2014 | 20,942 BoP, current US$ per person | -3.4% |
| 2015 | 19,510 BoP, current US$ per person | -6.8% |
| 2016 | 20,403 BoP, current US$ per person | +4.6% |
| 2017 | 21,651 BoP, current US$ per person | +6.1% |
| 2018 | 24,579 BoP, current US$ per person | +13.5% |
| 2019 | 24,756 BoP, current US$ per person | +0.7% |
| 2020 | 15,790 BoP, current US$ per person | -36.2% |
| 2021 | 17,424 BoP, current US$ per person | +10.3% |
| 2022 | 21,734 BoP, current US$ per person | +24.7% |
| 2023 | 24,529 BoP, current US$ per person | +12.9% |
Bermuda compared with similar countries
- Bermuda's 24,529 BoP, current US$ per person is above the median for high income countries, which is 6,323 BoP, current US$ per person, 3.9× the median. (72 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 23,709 BoP, current US$ per person | 20,872 BoP, current US$ per person | 25,482 BoP, current US$ per person | 4 |
| 2010s | 22,021 BoP, current US$ per person | 19,510 BoP, current US$ per person | 24,756 BoP, current US$ per person | 10 |
| 2020s | 19,869 BoP, current US$ per person | 15,790 BoP, current US$ per person | 24,529 BoP, current US$ per person | 4 |
Countries ranked near Bermuda
- 9 Sint Maarten (Dutch part) 29,776 BoP, current US$ per person compare
- 10 Aruba 27,840 BoP, current US$ per person compare
- 11 Cyprus 26,065 BoP, current US$ per person compare
- 13 Denmark 21,566 BoP, current US$ per person compare
- 14 Switzerland 21,500 BoP, current US$ per person compare
- 15 Iceland 20,798 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$) 4.44 % change on previous year (2024)
Frequently asked questions
- What is service exports (bop, current us$), per capita in Bermuda?
- Service exports (bop, current us$), per capita in Bermuda was 24,529 BoP, current US$ per person in 2023, according to Statizoid (derived).
- What is the highest service exports (bop, current us$), per capita recorded in Bermuda?
- The highest recorded value was 25,482 BoP, current US$ per person in 2007.
- What is the lowest service exports (bop, current us$), per capita recorded in Bermuda?
- The lowest recorded value was 15,790 BoP, current US$ per person in 2020.
- How does Bermuda rank for service exports (bop, current us$), per capita?
- Bermuda ranks 12th out of 200 countries with data for 2023.
- Is service exports (bop, current us$), per capita rising or falling in Bermuda?
- Over the last ten years it is up 13.1%. The long-run trend across the full record is falling.
- Where does this Bermuda data come from?
- The figures come from Statizoid (derived), published as part of Service exports (BoP, current US$), per capita. Statizoid updates them automatically from the source API.
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How this figure is calculated
Service exports (BoP, current US$) divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Service exports (BoP, current US$) ÷ Population, total
Computed from
- Service exports Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF)
- Population, total World Population Prospects, United Nations (UN)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Service exports (BoP, current US$) divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.