Trade in Bermuda
Bermuda: Trade was 80.2% in 2024. ▬ Flat
Trade in Bermuda, 2010–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in % of GDP.
Analysis
In 2024, trade in Bermuda stood at 80.2%. That is the highest value across all 15 years on record.
Compared with earlier readings it is up 3.3% on the previous year and up 4.8% over ten years.
Over the whole period, trade in Bermuda peaked at 80.2% in 2024 and was at its lowest, 70.6%, in 2020.
Bermuda ranks 98th of 192 countries on this measure, in the middle of the range.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 75.1% | 72.4% | 77.6% | 10 |
| 2020s | 75.9% | 70.6% | 80.2% | 5 |
Countries ranked near Bermuda
More economy & growth data for Bermuda
- Exports of goods and services 5.07 billion current LCU (2024)
- Services, value added 8.40 billion current US$ (2024)
- Gross national expenditure 6.07 billion current US$ (2024)
- Gross national expenditure 6.07 billion current LCU (2024)
- Gross national expenditure 4.88 billion constant 2015 US$ (2024)
- Industry (including construction), value added 4.9% (2024)
- Gross national expenditure 66.1% (2024)
- Exports of goods and services 5.07 billion current US$ (2024)
- Gross fixed capital formation 1.01 billion current US$ (2024)
- Exports of goods and services 55.1% (2024)
Frequently asked questions
- What is trade in Bermuda?
- Trade in Bermuda was 80.2% in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest trade recorded in Bermuda?
- The highest recorded value was 80.2% in 2024.
- What is the lowest trade recorded in Bermuda?
- The lowest recorded value was 70.6% in 2020.
- How does Bermuda rank for trade?
- Bermuda ranks 98th out of 192 countries with data for 2024.
- Is trade rising or falling in Bermuda?
- Over the last ten years it is up 4.8%. 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 Trade (% of GDP). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 15 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Trade is the sum of exports and imports of goods and services. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.