Commercial service exports in Bermuda
Bermuda: Commercial service exports was 1.53 billion current US$ in 2023. ▼ Falling
Commercial service exports in Bermuda, 2006–2023
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current US$.
Analysis
The most recent figure for commercial service exports in Bermuda is 1.53 billion current US$, measured in 2023.
The figure is up 12.9% on the previous year and up 16.4% over ten years.
Over the whole period, commercial service exports in Bermuda peaked at 1.58 billion current US$ in 2007 and was at its lowest, 960.02 million current US$, in 2020.
That places Bermuda 118th out of 198 countries with data for 2023, putting it in the middle of the range.
The long-run direction has been consistently falling across the 18 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1.44 billion current US$ | 1.27 billion current US$ | 1.58 billion current US$ | 4 |
| 2010s | 1.34 billion current US$ | 1.18 billion current US$ | 1.52 billion current US$ | 10 |
| 2020s | 1.23 billion current US$ | 960.02 million current US$ | 1.53 billion current US$ | 4 |
Countries ranked near Bermuda
More private sector data for Bermuda
- Food exports 1.8% (2024)
- Manufactures exports 59.9% (2024)
- Merchandise exports 43.00 million current US$ (2025)
- Food imports 21.5% (2024)
- Manufactures imports 54.6% (2024)
- Merchandise trade 14.6% (2024)
- Merchandise imports 1.25 billion current US$ (2025)
- Transport services 24.6% (2023)
- Computer, communications and other services 32.8% (2023)
- Commercial service imports 1.08 billion current US$ (2023)
Frequently asked questions
- What is commercial service exports in Bermuda?
- Commercial service exports in Bermuda was 1.53 billion current US$ in 2023, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest commercial service exports recorded in Bermuda?
- The highest recorded value was 1.58 billion current US$ in 2007.
- What is the lowest commercial service exports recorded in Bermuda?
- The lowest recorded value was 960.02 million current US$ in 2020.
- How does Bermuda rank for commercial service exports?
- Bermuda ranks 118th out of 198 countries with data for 2023.
- Is commercial service exports rising or falling in Bermuda?
- Over the last ten years it is up 16.4%. The long-run trend across the full record is falling.
- 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 Commercial service exports (current US$). Statizoid updates them automatically from the source API.
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CSV · JSON — 18 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Commercial service exports are total service exports minus exports of government services not included elsewhere. 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.