Service exports (BoP, current US$) in Bermuda
Bermuda: Service exports (BoP, current US$) was 1.96 billion BoP, current US$ in 2025. ▲ Rising
Service exports in Bermuda, 2006–2025
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
In 2025, service exports in Bermuda stood at 1.96 billion BoP, current US$. That is the highest value across all 20 years on record.
That represents a change of up 1.6% on the previous year and up 58.3% over ten years.
Over the whole period, service exports in Bermuda peaked at 1.96 billion BoP, current US$ in 2025 and was at its lowest, 1.02 billion BoP, current US$, in 2020.
Bermuda ranks 115th of 200 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 20 years of available data.
Service exports (BoP, current US$) in Bermuda, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 2006 | 1.59 billion BoP, current US$ | — |
| 2007 | 1.61 billion BoP, current US$ | +0.8% |
| 2008 | 1.46 billion BoP, current US$ | -8.8% |
| 2009 | 1.33 billion BoP, current US$ | -9.4% |
| 2010 | 1.40 billion BoP, current US$ | +5.6% |
| 2011 | 1.46 billion BoP, current US$ | +4.0% |
| 2012 | 1.39 billion BoP, current US$ | -4.7% |
| 2013 | 1.38 billion BoP, current US$ | -0.7% |
| 2014 | 1.33 billion BoP, current US$ | -3.5% |
| 2015 | 1.24 billion BoP, current US$ | -6.9% |
| 2016 | 1.29 billion BoP, current US$ | +4.6% |
| 2017 | 1.38 billion BoP, current US$ | +6.3% |
| 2018 | 1.57 billion BoP, current US$ | +14.0% |
| 2019 | 1.59 billion BoP, current US$ | +1.2% |
| 2020 | 1.02 billion BoP, current US$ | -35.9% |
| 2021 | 1.13 billion BoP, current US$ | +10.8% |
| 2022 | 1.41 billion BoP, current US$ | +24.9% |
| 2023 | 1.59 billion BoP, current US$ | +12.8% |
| 2024 | 1.93 billion BoP, current US$ | +21.6% |
| 2025 | 1.96 billion BoP, current US$ | +1.6% |
Bermuda compared with similar countries
- Bermuda's 1.96 billion BoP, current US$ is below the median for high income countries, which is 24.69 billion BoP, current US$, 8% of the median. (72 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1.50 billion BoP, current US$ | 1.33 billion BoP, current US$ | 1.61 billion BoP, current US$ | 4 |
| 2010s | 1.40 billion BoP, current US$ | 1.24 billion BoP, current US$ | 1.59 billion BoP, current US$ | 10 |
| 2020s | 1.50 billion BoP, current US$ | 1.02 billion BoP, current US$ | 1.96 billion BoP, current US$ | 6 |
Countries ranked near Bermuda
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 service exports in Bermuda?
- Service exports in Bermuda was 1.96 billion BoP, current US$ in 2025, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest service exports recorded in Bermuda?
- The highest recorded value was 1.96 billion BoP, current US$ in 2025.
- What is the lowest service exports recorded in Bermuda?
- The lowest recorded value was 1.02 billion BoP, current US$ in 2020.
- How does Bermuda rank for service exports?
- Bermuda ranks 115th out of 200 countries with data for 2025.
- Is service exports rising or falling in Bermuda?
- Over the last ten years it is up 58.3%. The long-run trend across the full record is rising.
- Where does this Bermuda data come from?
- The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Service exports (BoP, current US$). Statizoid updates them automatically from the source API.
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About this data
Exports of services are services provided by residents to non-residents. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.