Taxes less subsidies on products in Bermuda

Bermuda: Taxes less subsidies on products was 285.30 million constant LCU in 2024. ▬ Flat

Latest (2024)
285.30 million constant LCU
Change on year
up 1.1%
World rank
166th
of 188 countries
All-time high
305.82 million constant LCU
in 2017
All-time low
258.33 million constant LCU
in 2014
Years of data
15
2010–2024

Taxes less subsidies on products in Bermuda, 2010–2024

0100.0M200.0M300.0M2010201720242010: 275.0M constant LCU2011: 289.0M constant LCU2012: 270.1M constant LCU2013: 278.2M constant LCU2014: 258.3M constant LCU2015: 296.6M constant LCU2016: 293.3M constant LCU2017: 305.8M constant LCU2018: 292.9M constant LCU2019: 281.5M constant LCU2020: 288.3M constant LCU2021: 283.0M constant LCU2022: 272.0M constant LCU2023: 282.2M constant LCU2024: 285.3M constant LCU

Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant LCU.

Analysis

Bermuda recorded 285.30 million constant LCU for taxes less subsidies on products in 2024.

That represents a change of up 1.1% on the previous year and up 10.4% over ten years.

Over the whole period, taxes less subsidies on products in Bermuda peaked at 305.82 million constant LCU in 2017 and was at its lowest, 258.33 million constant LCU, in 2014.

That places Bermuda 166th out of 188 countries with data for 2024, putting it in the bottom quarter.

Averages by decade

DecadeAverage LowestHighest Years
2010s 284.07 million constant LCU 258.33 million constant LCU 305.82 million constant LCU 10
2020s 282.15 million constant LCU 271.98 million constant LCU 288.27 million constant LCU 5

Countries ranked near Bermuda

  1. 163 Saint Kitts and Nevis 301.60 million constant LCU compare
  2. 164 Cuba 289.00 million constant LCU compare
  3. 165 Sao Tome and Principe 288.16 million constant LCU compare
  4. 167 Sudan 280.08 million constant LCU compare
  5. 168 Andorra 278.99 million constant LCU compare
  6. 169 Solomon Islands 273.56 million constant LCU compare

See the full ranking of 188 places →

More economy & growth data for Bermuda

All data for Bermuda →

Frequently asked questions

What is taxes less subsidies on products in Bermuda?
Taxes less subsidies on products in Bermuda was 285.30 million constant LCU in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
What is the highest taxes less subsidies on products recorded in Bermuda?
The highest recorded value was 305.82 million constant LCU in 2017.
What is the lowest taxes less subsidies on products recorded in Bermuda?
The lowest recorded value was 258.33 million constant LCU in 2014.
How does Bermuda rank for taxes less subsidies on products?
Bermuda ranks 166th out of 188 countries with data for 2024.
Is taxes less subsidies on products rising or falling in Bermuda?
Over the last ten years it is up 10.4%. The long-run trend across the full record is flat.
Where does this Bermuda data come from?
The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Taxes less subsidies on products (constant LCU). Statizoid updates them automatically from the source API.

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About this data

Indicator
Taxes less subsidies on products (constant LCU)
Unit
constant LCU
Source
Country official statistics, National Statistical Organizations and/or Central Banks
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
188 places, 7,331 data points, 1960–2025
Last refreshed

Taxes less subsidies on products are taxes payable per unit of a good or service. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment varies by country. This series is expressed in local currency units.