Secondary income, other sectors, payments in Bermuda
Bermuda: Secondary income, other sectors, payments was 454.25 million BoP, current US$ in 2023. ▲ Rising
Secondary income, other sectors, payments in Bermuda, 2006–2023
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
The most recent figure for secondary income, other sectors, payments in Bermuda is 454.25 million BoP, current US$, measured in 2023. That is the highest value across all 18 years on record.
The figure is up 3.9% on the previous year and up 87.6% over ten years.
Over the whole period, secondary income, other sectors, payments in Bermuda peaked at 454.25 million BoP, current US$ in 2023 and was at its lowest, 131.78 million BoP, current US$, in 2006.
Bermuda ranks 91st of 197 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 18 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 169.24 million BoP, current US$ | 131.78 million BoP, current US$ | 211.80 million BoP, current US$ | 4 |
| 2010s | 289.85 million BoP, current US$ | 213.57 million BoP, current US$ | 383.39 million BoP, current US$ | 10 |
| 2020s | 428.34 million BoP, current US$ | 391.93 million BoP, current US$ | 454.25 million BoP, current US$ | 4 |
Countries ranked near Bermuda
- 88 Moldova 492.54 million BoP, current US$ compare
- 89 Pakistan 476.00 million BoP, current US$ compare
- 90 Kyrgyzstan 460.96 million BoP, current US$ compare
- 92 Brunei 444.82 million BoP, current US$ compare
- 93 Senegal 427.93 million BoP, current US$ compare
- 94 Niger 399.16 million BoP, current US$ compare
More economy & growth data for Bermuda
- Exports of goods and services 11.0% (2024)
- Gross national expenditure 6.07 billion current LCU (2024)
- Gross national expenditure 4.88 billion constant 2015 US$ (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)
- Exports of goods and services 5.07 billion current LCU (2024)
- Exports of goods and services 3.99 billion constant 2015 US$ (2024)
- Gross fixed capital formation 872.17 million constant 2015 US$ (2024)
- Gross fixed capital formation 1.01 billion current LCU (2024)
Frequently asked questions
- What is secondary income, other sectors, payments in Bermuda?
- Secondary income, other sectors, payments in Bermuda was 454.25 million BoP, current US$ in 2023, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest secondary income, other sectors, payments recorded in Bermuda?
- The highest recorded value was 454.25 million BoP, current US$ in 2023.
- What is the lowest secondary income, other sectors, payments recorded in Bermuda?
- The lowest recorded value was 131.78 million BoP, current US$ in 2006.
- How does Bermuda rank for secondary income, other sectors, payments?
- Bermuda ranks 91st out of 197 countries with data for 2023.
- Is secondary income, other sectors, payments rising or falling in Bermuda?
- Over the last ten years it is up 87.6%. 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 Secondary income, other sectors, payments (BoP, current US$). Statizoid updates them automatically from the source API.
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About this data
Secondary income refers to transfers recorded in the balance of payments whenever an economy provides or receives goods, services, income, or financial items without a quid pro quo. All transfers not considered to be capital are current. 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.