Service imports (BoP, current US$) in Bermuda
Bermuda: Service imports (BoP, current US$) was 1.30 billion BoP, current US$ in 2025. ▲ Rising
Service imports in Bermuda, 2006–2025
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
Bermuda recorded 1.30 billion BoP, current US$ for service imports in 2025. That is the highest value across all 20 years on record.
The figure is up 4.7% on the previous year and up 46.5% over ten years.
Over the whole period, service imports in Bermuda peaked at 1.30 billion BoP, current US$ in 2025 and was at its lowest, 796.49 million BoP, current US$, in 2020.
That places Bermuda 144th out of 200 countries with data for 2025, putting it in the middle of the range.
The long-run direction has been consistently rising across the 20 years of available data.
Service imports (BoP, current US$) in Bermuda, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 2006 | 861.92 million BoP, current US$ | — |
| 2007 | 1.12 billion BoP, current US$ | +29.4% |
| 2008 | 1.04 billion BoP, current US$ | -6.6% |
| 2009 | 984.17 million BoP, current US$ | -5.5% |
| 2010 | 1.01 billion BoP, current US$ | +3.0% |
| 2011 | 896.84 million BoP, current US$ | -11.5% |
| 2012 | 898.60 million BoP, current US$ | +0.2% |
| 2013 | 895.45 million BoP, current US$ | -0.4% |
| 2014 | 987.43 million BoP, current US$ | +10.3% |
| 2015 | 888.31 million BoP, current US$ | -10.0% |
| 2016 | 944.18 million BoP, current US$ | +6.3% |
| 2017 | 949.86 million BoP, current US$ | +0.6% |
| 2018 | 1.10 billion BoP, current US$ | +15.5% |
| 2019 | 1.07 billion BoP, current US$ | -2.3% |
| 2020 | 796.49 million BoP, current US$ | -25.7% |
| 2021 | 839.78 million BoP, current US$ | +5.4% |
| 2022 | 996.24 million BoP, current US$ | +18.6% |
| 2023 | 1.08 billion BoP, current US$ | +8.7% |
| 2024 | 1.24 billion BoP, current US$ | +14.8% |
| 2025 | 1.30 billion BoP, current US$ | +4.7% |
Bermuda compared with similar countries
- Bermuda's 1.30 billion BoP, current US$ is below the median for high income countries, which is 18.89 billion BoP, current US$, 7% of the median. (72 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1.00 billion BoP, current US$ | 861.92 million BoP, current US$ | 1.12 billion BoP, current US$ | 4 |
| 2010s | 964.24 million BoP, current US$ | 888.31 million BoP, current US$ | 1.10 billion BoP, current US$ | 10 |
| 2020s | 1.04 billion BoP, current US$ | 796.49 million BoP, current US$ | 1.30 billion BoP, current US$ | 6 |
Countries ranked near Bermuda
- 141 Palestine 1.38 billion BoP, current US$ compare
- 142 Sudan 1.35 billion BoP, current US$ compare
- 143 Nicaragua 1.31 billion BoP, current US$ compare
- 145 Botswana 1.30 billion BoP, current US$ compare
- 146 Montenegro 1.24 billion BoP, current US$ compare
- 147 Aruba 1.18 billion BoP, current US$ compare
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 imports in Bermuda?
- Service imports in Bermuda was 1.30 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 imports recorded in Bermuda?
- The highest recorded value was 1.30 billion BoP, current US$ in 2025.
- What is the lowest service imports recorded in Bermuda?
- The lowest recorded value was 796.49 million BoP, current US$ in 2020.
- How does Bermuda rank for service imports?
- Bermuda ranks 144th out of 200 countries with data for 2025.
- Is service imports rising or falling in Bermuda?
- Over the last ten years it is up 46.5%. 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 imports (BoP, current US$). Statizoid updates them automatically from the source API.
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About this data
Imports of services are services provided by non-residents to 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.