Secondary income receipts in Bermuda
Bermuda: Secondary income receipts was 271.84 million BoP, current US$ in 2023. ▲ Rising
Secondary income receipts in Bermuda, 2006–2023
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
Bermuda recorded 271.84 million BoP, current US$ for secondary income receipts in 2023. That is the highest value across all 18 years on record.
The figure is up 17.8% on the previous year and up 183.0% over ten years.
Over the whole period, secondary income receipts in Bermuda peaked at 271.84 million BoP, current US$ in 2023 and was at its lowest, 68.80 million BoP, current US$, in 2008.
Bermuda ranks 155th of 198 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 18 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 98.26 million BoP, current US$ | 68.80 million BoP, current US$ | 126.89 million BoP, current US$ | 4 |
| 2010s | 137.31 million BoP, current US$ | 78.67 million BoP, current US$ | 212.76 million BoP, current US$ | 10 |
| 2020s | 231.52 million BoP, current US$ | 184.79 million BoP, current US$ | 271.84 million BoP, current US$ | 4 |
Countries ranked near Bermuda
- 152 Samoa 325.40 million BoP, current US$ compare
- 153 Eritrea 306.06 million BoP, current US$ compare
- 154 Mauritius 300.14 million BoP, current US$ compare
- 156 Suriname 241.31 million BoP, current US$ compare
- 157 Tonga 241.16 million BoP, current US$ compare
- 158 Faroe Islands 231.36 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 receipts in Bermuda?
- Secondary income receipts in Bermuda was 271.84 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 receipts recorded in Bermuda?
- The highest recorded value was 271.84 million BoP, current US$ in 2023.
- What is the lowest secondary income receipts recorded in Bermuda?
- The lowest recorded value was 68.80 million BoP, current US$ in 2008.
- How does Bermuda rank for secondary income receipts?
- Bermuda ranks 155th out of 198 countries with data for 2023.
- Is secondary income receipts rising or falling in Bermuda?
- Over the last ten years it is up 183.0%. 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 receipts (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.