Bermuda Balance of Payments: Current Account
BM: BOP: Current Account: Balance
BM: BOP: Current Account: Balance data was reported at 962.258 USD mn in 2021. This records an increase from the previous number of 853.850 USD mn for 2020. BM: BOP: Current Account: Balance data is updated yearly, averaging 878.272 USD mn from Dec 2006 (Median) to 2021, with 16 observations. The data reached an all-time high of 1.252 USD bn in 2006 and a record low of 581.361 USD mn in 2009. BM: BOP: Current Account: Balance data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Bermuda – Table BM.World Bank.WDI: Balance of Payments: Current Account. Current account balance is the sum of net exports of goods and services, net primary income, and net secondary income. Data are in current U.S. dollars.;International Monetary Fund, Balance of Payments Statistics Yearbook and data files.;;Note: Data are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6) and are only available from 2005 onwards.
| Last | Frequency | Range |
|---|---|---|
| 962.258 2021 | yearly | 2006 - 2021 |
View Bermuda's BM: BOP: Current Account: Balance from 2006 to 2021 in the chart:
BM: BOP: Current Account: Balance: % of GDP
BM: BOP: Current Account: Balance: % of GDP data was reported at 13.206 % in 2021. This records an increase from the previous number of 12.398 % for 2020. BM: BOP: Current Account: Balance: % of GDP data is updated yearly, averaging 12.996 % from Dec 2006 (Median) to 2021, with 16 observations. The data reached an all-time high of 20.384 % in 2006 and a record low of 8.734 % in 2009. BM: BOP: Current Account: Balance: % of GDP data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Bermuda – Table BM.World Bank.WDI: Balance of Payments: Current Account. Current account balance is the sum of net exports of goods and services, net primary income, and net secondary income.;International Monetary Fund, Balance of Payments Statistics Yearbook and data files, and World Bank and OECD GDP estimates.;;Note: Data are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6) and are only available from 2005 onwards.
| Last | Frequency | Range |
|---|---|---|
| 13.206 2021 | yearly | 2006 - 2021 |
View Bermuda's BM: BOP: Current Account: Balance: % of GDP from 2006 to 2021 in the chart:
BM: BOP: Current Account: Charges for the Use of Intellectual Property: Payments
BM: BOP: Current Account: Charges for the Use of Intellectual Property: Payments data was reported at 3.034 USD mn in 2021. This records a decrease from the previous number of 3.219 USD mn for 2020. BM: BOP: Current Account: Charges for the Use of Intellectual Property: Payments data is updated yearly, averaging 8.276 USD mn from Dec 2006 (Median) to 2021, with 16 observations. The data reached an all-time high of 11.764 USD mn in 2014 and a record low of 3.034 USD mn in 2021. BM: BOP: Current Account: Charges for the Use of Intellectual Property: Payments data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Bermuda – Table BM.World Bank.WDI: Balance of Payments: Current Account. Charges for the use of intellectual property are payments and receipts between residents and nonresidents for the authorized use of proprietary rights (such as patents, trademarks, copyrights, industrial processes and designs including trade secrets, and franchises) and for the use, through licensing agreements, of produced originals or prototypes (such as copyrights on books and manuscripts, computer software, cinematographic works, and sound recordings) and related rights (such as for live performances and television, cable, or satellite broadcast). Data are in current U.S. dollars.;International Monetary Fund, Balance of Payments Statistics Yearbook and data files.;Sum;Note: Data are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6) and are only available from 2005 onwards.
| Last | Frequency | Range |
|---|---|---|
| 3.034 2021 | yearly | 2006 - 2021 |
View Bermuda's BM: BOP: Current Account: Charges for the Use of Intellectual Property: Payments from 2006 to 2021 in the chart:
BM: BOP: Current Account: Exports: Goods
BM: BOP: Current Account: Exports: Goods data was reported at 9.150 USD mn in 2021. This records a decrease from the previous number of 10.761 USD mn for 2020. BM: BOP: Current Account: Exports: Goods data is updated yearly, averaging 18.363 USD mn from Dec 2006 (Median) to 2021, with 16 observations. The data reached an all-time high of 28.669 USD mn in 2009 and a record low of 9.150 USD mn in 2021. BM: BOP: Current Account: Exports: Goods data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Bermuda – Table BM.World Bank.WDI: Balance of Payments: Current Account. Goods exports refer to all movable goods (including nonmonetary gold and net exports of goods under merchanting) involved in a change of ownership from residents to nonresidents. Data are in current U.S. dollars.;International Monetary Fund, Balance of Payments Statistics Yearbook and data files.;Gap-filled total;Note: Data are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6) and are only available from 2005 onwards. Merchanting is reclassified from services to goods.
| Last | Frequency | Range |
|---|---|---|
| 9.150 2021 | yearly | 2006 - 2021 |
View Bermuda's BM: BOP: Current Account: Exports: Goods from 2006 to 2021 in the chart:
BM: BOP: Current Account: Exports: Goods and Services
BM: BOP: Current Account: Exports: Goods and Services data was reported at 1.136 USD bn in 2021. This records an increase from the previous number of 1.027 USD bn for 2020. BM: BOP: Current Account: Exports: Goods and Services data is updated yearly, averaging 1.398 USD bn from Dec 2006 (Median) to 2021, with 16 observations. The data reached an all-time high of 1.631 USD bn in 2007 and a record low of 1.027 USD bn in 2020. BM: BOP: Current Account: Exports: Goods and Services data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Bermuda – Table BM.World Bank.WDI: Balance of Payments: Current Account. Exports of goods and services comprise all transactions between residents of a country and the rest of the world involving a change of ownership from residents to nonresidents of general merchandise, net exports of goods under merchanting, nonmonetary gold, and services. Data are in current U.S. dollars.;International Monetary Fund, Balance of Payments Statistics Yearbook and data files.;Gap-filled total;Note: Data are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6) and are only available from 2005 onwards.
| Last | Frequency | Range |
|---|---|---|
| 1,135.573 2021 | yearly | 2006 - 2021 |
View Bermuda's BM: BOP: Current Account: Exports: Goods and Services from 2006 to 2021 in the chart:
BM: BOP: Current Account: Exports: Goods, Services and Primary Income
BM: BOP: Current Account: Exports: Goods, Services and Primary Income data was reported at 3.275 USD bn in 2021. This records an increase from the previous number of 3.067 USD bn for 2020. BM: BOP: Current Account: Exports: Goods, Services and Primary Income data is updated yearly, averaging 3.265 USD bn from Dec 2006 (Median) to 2021, with 16 observations. The data reached an all-time high of 4.062 USD bn in 2007 and a record low of 3.067 USD bn in 2020. BM: BOP: Current Account: Exports: Goods, Services and Primary Income data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Bermuda – Table BM.World Bank.WDI: Balance of Payments: Current Account. Exports of goods, services and primary income is the sum of goods exports, service exports and primary income receipts. Data are in current U.S. dollars.;International Monetary Fund, Balance of Payments Statistics Yearbook and data files.;Gap-filled total;Note: Data are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6) and are only available from 2005 onwards.
| Last | Frequency | Range |
|---|---|---|
| 3,275.281 2021 | yearly | 2006 - 2021 |
View Bermuda's BM: BOP: Current Account: Exports: Goods, Services and Primary Income from 2006 to 2021 in the chart:
BM: BOP: Current Account: Exports: Service
BM: BOP: Current Account: Exports: Service data was reported at 1.126 USD bn in 2021. This records an increase from the previous number of 1.017 USD bn for 2020. BM: BOP: Current Account: Exports: Service data is updated yearly, averaging 1.384 USD bn from Dec 2006 (Median) to 2021, with 16 observations. The data reached an all-time high of 1.606 USD bn in 2007 and a record low of 1.017 USD bn in 2020. BM: BOP: Current Account: Exports: Service data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Bermuda – Table BM.World Bank.WDI: Balance of Payments: Current Account. Services refer to economic output of intangible commodities that may be produced, transferred, and consumed at the same time. Data are in current U.S. dollars.;International Monetary Fund, Balance of Payments Statistics Yearbook and data files.;Gap-filled total;Note: Data are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6) and are only available from 2005 onwards. Manufacturing services on physical inputs owned by others (goods for processing in BPM5) and maintenance and repair services n.i.e. are reclassified from goods to services.
| Last | Frequency | Range |
|---|---|---|
| 1,126.423 2021 | yearly | 2006 - 2021 |
View Bermuda's BM: BOP: Current Account: Exports: Service from 2006 to 2021 in the chart:
BM: BOP: Current Account: Exports: Service: Communications, Computer, etc: % of Service Exports
BM: BOP: Current Account: Exports: Service: Communications, Computer, etc: % of Service Exports data was reported at 56.565 % in 2021. This records a decrease from the previous number of 60.275 % for 2020. BM: BOP: Current Account: Exports: Service: Communications, Computer, etc: % of Service Exports data is updated yearly, averaging 46.303 % from Dec 2006 (Median) to 2021, with 16 observations. The data reached an all-time high of 60.275 % in 2020 and a record low of 41.413 % in 2007. BM: BOP: Current Account: Exports: Service: Communications, Computer, etc: % of Service Exports data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Bermuda – Table BM.World Bank.WDI: Balance of Payments: Current Account. Communications, computer, information, and other services cover international telecommunications; computer data; news-related service transactions between residents and nonresidents; construction services; royalties and license fees; miscellaneous business, professional, and technical services; personal, cultural, and recreational services; manufacturing services on physical inputs owned by others; and maintenance and repair services and government services not included elsewhere.;International Monetary Fund, Balance of Payments Statistics Yearbook and data files.;Weighted average;Note: Data are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6) and are only available from 2005 onwards.
| Last | Frequency | Range |
|---|---|---|
| 56.565 2021 | yearly | 2006 - 2021 |
View Bermuda's BM: BOP: Current Account: Exports: Service: Communications, Computer, etc: % of Service Exports from 2006 to 2021 in the chart:
BM: BOP: Current Account: Exports: Service: Insurance and Financial Services: % of Service Exports
BM: BOP: Current Account: Exports: Service: Insurance and Financial Services: % of Service Exports data was reported at 26.748 % in 2021. This records an increase from the previous number of 26.630 % for 2020. BM: BOP: Current Account: Exports: Service: Insurance and Financial Services: % of Service Exports data is updated yearly, averaging 18.731 % from Dec 2006 (Median) to 2021, with 16 observations. The data reached an all-time high of 26.748 % in 2021 and a record low of 15.460 % in 2006. BM: BOP: Current Account: Exports: Service: Insurance and Financial Services: % of Service Exports data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Bermuda – Table BM.World Bank.WDI: Balance of Payments: Current Account. Insurance and financial services cover various types of insurance provided to nonresidents by resident insurance enterprises and vice versa, and financial intermediary and auxiliary services (except those of insurance enterprises and pension funds) exchanged between residents and nonresidents.;International Monetary Fund, Balance of Payments Statistics Yearbook and data files.;Weighted average;Note: Data are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6) and are only available from 2005 onwards.
| Last | Frequency | Range |
|---|---|---|
| 26.748 2021 | yearly | 2006 - 2021 |
View Bermuda's BM: BOP: Current Account: Exports: Service: Insurance and Financial Services: % of Service Exports from 2006 to 2021 in the chart:
BM: BOP: Current Account: Exports: Service: Transport: % of Service Exports
BM: BOP: Current Account: Exports: Service: Transport: % of Service Exports data was reported at 4.004 % in 2021. This records an increase from the previous number of 3.895 % for 2020. BM: BOP: Current Account: Exports: Service: Transport: % of Service Exports data is updated yearly, averaging 3.136 % from Dec 2006 (Median) to 2021, with 16 observations. The data reached an all-time high of 4.574 % in 2008 and a record low of 2.464 % in 2014. BM: BOP: Current Account: Exports: Service: Transport: % of Service Exports data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Bermuda – Table BM.World Bank.WDI: Balance of Payments: Current Account. Transport covers all transport services (sea, air, land, internal waterway, pipeline, space and electricity transmission) performed by residents of one economy for those of another and involving the carriage of passengers, the movement of goods (freight), rental of carriers with crew, and related support and auxiliary services. Also included are postal and courier services. Excluded are freight insurance (included in insurance services); goods procured in ports by nonresident carriers (included in goods); maintenance and repairs on transport equipment (included in maintenance and repair services n.i.e.); and repairs of railway facilities, harbors, and airfield facilities (included in construction).;International Monetary Fund, Balance of Payments Statistics Yearbook and data files.;Weighted average;Note: Data are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6) and are only available from 2005 onwards.
| Last | Frequency | Range |
|---|---|---|
| 4.004 2021 | yearly | 2006 - 2021 |
View Bermuda's BM: BOP: Current Account: Exports: Service: Transport: % of Service Exports from 2006 to 2021 in the chart:
BM: BOP: Current Account: Exports: Service: Travel: % of Service Exports
BM: BOP: Current Account: Exports: Service: Travel: % of Service Exports data was reported at 12.682 % in 2021. This records an increase from the previous number of 9.199 % for 2020. BM: BOP: Current Account: Exports: Service: Travel: % of Service Exports data is updated yearly, averaging 31.657 % from Dec 2006 (Median) to 2021, with 16 observations. The data reached an all-time high of 37.850 % in 2019 and a record low of 9.199 % in 2020. BM: BOP: Current Account: Exports: Service: Travel: % of Service Exports data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Bermuda – Table BM.World Bank.WDI: Balance of Payments: Current Account. Travel covers goods and services acquired from an economy by travelers for their own use during visits of less than one year in that economy for either business or personal purposes. Travel includes local transport (i.e., transport within the economy being visited and provided by a resident of that economy), but excludes international transport (which is included in passenger transport. Travel also excludes goods for resale, which are included in general merchandise.;International Monetary Fund, Balance of Payments Statistics Yearbook and data files.;Weighted average;Note: Data are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6) and are only available from 2005 onwards.
| Last | Frequency | Range |
|---|---|---|
| 12.682 2021 | yearly | 2006 - 2021 |
View Bermuda's BM: BOP: Current Account: Exports: Service: Travel: % of Service Exports from 2006 to 2021 in the chart:
BM: BOP: Current Account: Imports: Goods and Services
BM: BOP: Current Account: Imports: Goods and Services data was reported at 1.925 USD bn in 2021. This records an increase from the previous number of 1.723 USD bn for 2020. BM: BOP: Current Account: Imports: Goods and Services data is updated yearly, averaging 1.956 USD bn from Dec 2006 (Median) to 2021, with 16 observations. The data reached an all-time high of 2.281 USD bn in 2007 and a record low of 1.723 USD bn in 2020. BM: BOP: Current Account: Imports: Goods and Services data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Bermuda – Table BM.World Bank.WDI: Balance of Payments: Current Account. Imports of goods and services comprise all transactions between residents of a country and the rest of the world involving a change of ownership from nonresidents to residents of general merchandise, nonmonetary gold, and services. Data are in current U.S. dollars.;International Monetary Fund, Balance of Payments Statistics Yearbook and data files.;Gap-filled total;Note: Data are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6) and are only available from 2005 onwards.
| Last | Frequency | Range |
|---|---|---|
| 1,924.888 2021 | yearly | 2006 - 2021 |
View Bermuda's BM: BOP: Current Account: Imports: Goods and Services from 2006 to 2021 in the chart:
BM: BOP: Current Account: Imports: Goods, Services and Primary Income
BM: BOP: Current Account: Imports: Goods, Services and Primary Income data was reported at 2.107 USD bn in 2021. This records an increase from the previous number of 1.993 USD bn for 2020. BM: BOP: Current Account: Imports: Goods, Services and Primary Income data is updated yearly, averaging 2.298 USD bn from Dec 2006 (Median) to 2021, with 16 observations. The data reached an all-time high of 2.792 USD bn in 2007 and a record low of 1.993 USD bn in 2020. BM: BOP: Current Account: Imports: Goods, Services and Primary Income data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Bermuda – Table BM.World Bank.WDI: Balance of Payments: Current Account. Imports of goods, services and primary income is the sum of goods imports, service imports and primary income payments. Data are in current U.S. dollars.;International Monetary Fund, Balance of Payments Statistics Yearbook and data files.;Gap-filled total;Note: Data are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6) and are only available from 2005 onwards.
| Last | Frequency | Range |
|---|---|---|
| 2,106.887 2021 | yearly | 2006 - 2021 |
View Bermuda's BM: BOP: Current Account: Imports: Goods, Services and Primary Income from 2006 to 2021 in the chart:
BM: BOP: Current Account: Imports: Service
BM: BOP: Current Account: Imports: Service data was reported at 839.783 USD mn in 2021. This records an increase from the previous number of 796.485 USD mn for 2020. BM: BOP: Current Account: Imports: Service data is updated yearly, averaging 947.018 USD mn from Dec 2006 (Median) to 2021, with 16 observations. The data reached an all-time high of 1.115 USD bn in 2007 and a record low of 796.485 USD mn in 2020. BM: BOP: Current Account: Imports: Service data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Bermuda – Table BM.World Bank.WDI: Balance of Payments: Current Account. Services refer to economic output of intangible commodities that may be produced, transferred, and consumed at the same time. Data are in current U.S. dollars.;International Monetary Fund, Balance of Payments Statistics Yearbook and data files.;Gap-filled total;Note: Data are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6) and are only available from 2005 onwards. Manufacturing services on physical inputs owned by others (goods for processing in BPM5) and maintenance and repair services n.i.e. are reclassified from goods to services.
| Last | Frequency | Range |
|---|---|---|
| 839.783 2021 | yearly | 2006 - 2021 |
View Bermuda's BM: BOP: Current Account: Imports: Service from 2006 to 2021 in the chart:
BM: BOP: Current Account: Imports: Service: Communications, Computer, etc: % of Service Imports
BM: BOP: Current Account: Imports: Service: Communications, Computer, etc: % of Service Imports data was reported at 34.892 % in 2021. This records a decrease from the previous number of 36.979 % for 2020. BM: BOP: Current Account: Imports: Service: Communications, Computer, etc: % of Service Imports data is updated yearly, averaging 30.018 % from Dec 2006 (Median) to 2021, with 16 observations. The data reached an all-time high of 40.267 % in 2018 and a record low of 22.363 % in 2006. BM: BOP: Current Account: Imports: Service: Communications, Computer, etc: % of Service Imports data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Bermuda – Table BM.World Bank.WDI: Balance of Payments: Current Account. Communications, computer, information, and other services cover international telecommunications; computer data; news-related service transactions between residents and nonresidents; construction services; royalties and license fees; miscellaneous business, professional, and technical services; personal, cultural, and recreational services; manufacturing services on physical inputs owned by others; and maintenance and repair services and government services not included elsewhere.;International Monetary Fund, Balance of Payments Statistics Yearbook and data files.;Weighted average;Note: Data are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6) and are only available from 2005 onwards.
| Last | Frequency | Range |
|---|---|---|
| 34.892 2021 | yearly | 2006 - 2021 |
View Bermuda's BM: BOP: Current Account: Imports: Service: Communications, Computer, etc: % of Service Imports from 2006 to 2021 in the chart:
BM: BOP: Current Account: Imports: Service: Insurance and Financial Services: % of Service Imports
BM: BOP: Current Account: Imports: Service: Insurance and Financial Services: % of Service Imports data was reported at 18.999 % in 2021. This records a decrease from the previous number of 19.416 % for 2020. BM: BOP: Current Account: Imports: Service: Insurance and Financial Services: % of Service Imports data is updated yearly, averaging 14.640 % from Dec 2006 (Median) to 2021, with 16 observations. The data reached an all-time high of 20.015 % in 2012 and a record low of 10.713 % in 2006. BM: BOP: Current Account: Imports: Service: Insurance and Financial Services: % of Service Imports data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Bermuda – Table BM.World Bank.WDI: Balance of Payments: Current Account. Insurance and financial services cover various types of insurance provided to nonresidents by resident insurance enterprises and vice versa, and financial intermediary and auxiliary services (except those of insurance enterprises and pension funds) exchanged between residents and nonresidents.;International Monetary Fund, Balance of Payments Statistics Yearbook and data files.;Weighted average;Note: Data are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6) and are only available from 2005 onwards.
| Last | Frequency | Range |
|---|---|---|
| 18.999 2021 | yearly | 2006 - 2021 |
View Bermuda's BM: BOP: Current Account: Imports: Service: Insurance and Financial Services: % of Service Imports from 2006 to 2021 in the chart:
BM: BOP: Current Account: Imports: Service: Transport: % of Service Imports
BM: BOP: Current Account: Imports: Service: Transport: % of Service Imports data was reported at 22.108 % in 2021. This records an increase from the previous number of 19.565 % for 2020. BM: BOP: Current Account: Imports: Service: Transport: % of Service Imports data is updated yearly, averaging 27.742 % from Dec 2006 (Median) to 2021, with 16 observations. The data reached an all-time high of 35.774 % in 2006 and a record low of 19.565 % in 2020. BM: BOP: Current Account: Imports: Service: Transport: % of Service Imports data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Bermuda – Table BM.World Bank.WDI: Balance of Payments: Current Account. Transport covers all transport services (sea, air, land, internal waterway, pipeline, space and electricity transmission) performed by residents of one economy for those of another and involving the carriage of passengers, the movement of goods (freight), rental of carriers with crew, and related support and auxiliary services. Also included are postal and courier services. Excluded are freight insurance (included in insurance services); goods procured in ports by nonresident carriers (included in goods); maintenance and repairs on transport equipment (included in maintenance and repair services n.i.e.); and repairs of railway facilities, harbors, and airfield facilities (included in construction).;International Monetary Fund, Balance of Payments Statistics Yearbook and data files.;Weighted average;Note: Data are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6) and are only available from 2005 onwards.
| Last | Frequency | Range |
|---|---|---|
| 22.108 2021 | yearly | 2006 - 2021 |
View Bermuda's BM: BOP: Current Account: Imports: Service: Transport: % of Service Imports from 2006 to 2021 in the chart:
BM: BOP: Current Account: Imports: Service: Travel: % of Service Imports
BM: BOP: Current Account: Imports: Service: Travel: % of Service Imports data was reported at 24.001 % in 2021. This records a decrease from the previous number of 24.040 % for 2020. BM: BOP: Current Account: Imports: Service: Travel: % of Service Imports data is updated yearly, averaging 26.112 % from Dec 2006 (Median) to 2021, with 16 observations. The data reached an all-time high of 31.150 % in 2006 and a record low of 23.173 % in 2018. BM: BOP: Current Account: Imports: Service: Travel: % of Service Imports data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Bermuda – Table BM.World Bank.WDI: Balance of Payments: Current Account. Travel covers goods and services acquired from an economy by travelers for their own use during visits of less than one year in that economy for either business or personal purposes. Travel includes local transport (i.e., transport within the economy being visited and provided by a resident of that economy), but excludes international transport (which is included in passenger transport. Travel also excludes goods for resale, which are included in general merchandise.;International Monetary Fund, Balance of Payments Statistics Yearbook and data files.;Weighted average;Note: Data are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6) and are only available from 2005 onwards.
| Last | Frequency | Range |
|---|---|---|
| 24.001 2021 | yearly | 2006 - 2021 |
View Bermuda's BM: BOP: Current Account: Imports: Service: Travel: % of Service Imports from 2006 to 2021 in the chart:
BM: BOP: Current Account: Net Trade: Goods
BM: BOP: Current Account: Net Trade: Goods data was reported at -1.076 USD bn in 2021. This records a decrease from the previous number of -916.122 USD mn for 2020. BM: BOP: Current Account: Net Trade: Goods data is updated yearly, averaging -1.017 USD bn from Dec 2006 (Median) to 2021, with 16 observations. The data reached an all-time high of -887.779 USD mn in 2011 and a record low of -1.140 USD bn in 2007. BM: BOP: Current Account: Net Trade: Goods data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Bermuda – Table BM.World Bank.WDI: Balance of Payments: Current Account. Net trade in goods is the difference between exports and imports of goods. Trade in services is not included. Data are in current U.S. dollars.;International Monetary Fund, Balance of Payments Statistics Yearbook and data files.;;Note: Data are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6) and are only available from 2005 onwards.
| Last | Frequency | Range |
|---|---|---|
| -1,075.955 2021 | yearly | 2006 - 2021 |
View Bermuda's BM: BOP: Current Account: Net Trade: Goods from 2006 to 2021 in the chart:
BM: BOP: Current Account: Net Trade: Goods and Services
BM: BOP: Current Account: Net Trade: Goods and Services data was reported at -789.315 USD mn in 2021. This records a decrease from the previous number of -696.022 USD mn for 2020. BM: BOP: Current Account: Net Trade: Goods and Services data is updated yearly, averaging -611.018 USD mn from Dec 2006 (Median) to 2021, with 16 observations. The data reached an all-time high of -326.800 USD mn in 2011 and a record low of -789.315 USD mn in 2021. BM: BOP: Current Account: Net Trade: Goods and Services data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Bermuda – Table BM.World Bank.WDI: Balance of Payments: Current Account. Net trade in goods and services is derived by offsetting imports of goods and services against exports of goods and services. Exports and imports of goods and services comprise all transactions involving a change of ownership of goods and services between residents of one country and the rest of the world. Data are in current U.S. dollars.;International Monetary Fund, Balance of Payments Statistics Yearbook and data files.;;Note: Data are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6) and are only available from 2005 onwards.
| Last | Frequency | Range |
|---|---|---|
| -789.315 2021 | yearly | 2006 - 2021 |
View Bermuda's BM: BOP: Current Account: Net Trade: Goods and Services from 2006 to 2021 in the chart:
BM: BOP: Current Account: Personal Remittances: Paid
BM: BOP: Current Account: Personal Remittances: Paid data was reported at 159.406 USD mn in 2021. This records a decrease from the previous number of 183.196 USD mn for 2020. BM: BOP: Current Account: Personal Remittances: Paid data is updated yearly, averaging 205.587 USD mn from Dec 2006 (Median) to 2021, with 16 observations. The data reached an all-time high of 238.623 USD mn in 2010 and a record low of 159.406 USD mn in 2021. BM: BOP: Current Account: Personal Remittances: Paid data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Bermuda – Table BM.World Bank.WDI: Balance of Payments: Current Account. Personal remittances comprise personal transfers and compensation of employees. Personal transfers consist of all current transfers in cash or in kind made or received by resident households to or from nonresident households. Personal transfers thus include all current transfers between resident and nonresident individuals. Compensation of employees refers to the income of border, seasonal, and other short-term workers who are employed in an economy where they are not resident and of residents employed by nonresident entities. Data are the sum of two items defined in the sixth edition of the IMF's Balance of Payments Manual: personal transfers and compensation of employees. Data are in current U.S. dollars.;World Bank staff estimates based on IMF balance of payments data.;Sum;Note: Data starting from 2005 are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6).
| Last | Frequency | Range |
|---|---|---|
| 159.406 2021 | yearly | 2006 - 2021 |
View Bermuda's BM: BOP: Current Account: Personal Remittances: Paid from 2006 to 2021 in the chart:
BM: BOP: Current Account: Personal Remittances: Received
BM: BOP: Current Account: Personal Remittances: Received data was reported at 1.800 USD bn in 2023. This records an increase from the previous number of 1.800 USD bn for 2022. BM: BOP: Current Account: Personal Remittances: Received data is updated yearly, averaging 1.445 USD bn from Dec 2005 (Median) to 2023, with 19 observations. The data reached an all-time high of 1.800 USD bn in 2023 and a record low of 0.000 USD mn in 2005. BM: BOP: Current Account: Personal Remittances: Received data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Bermuda – Table BM.World Bank.WDI: Balance of Payments: Current Account. Personal remittances comprise personal transfers and compensation of employees. Personal transfers consist of all current transfers in cash or in kind made or received by resident households to or from nonresident households. Personal transfers thus include all current transfers between resident and nonresident individuals. Compensation of employees refers to the income of border, seasonal, and other short-term workers who are employed in an economy where they are not resident and of residents employed by nonresident entities. Data are the sum of two items defined in the sixth edition of the IMF's Balance of Payments Manual: personal transfers and compensation of employees. Data are in current U.S. dollars.;World Bank staff estimates based on IMF balance of payments data.;Sum;Note: Data starting from 2005 are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6).
| Last | Frequency | Range |
|---|---|---|
| 1,800.000 2023 | yearly | 2005 - 2023 |
View Bermuda's BM: BOP: Current Account: Personal Remittances: Received from 2005 to 2023 in the chart:
BM: BOP: Current Account: Personal Remittances: Received: % of GDP
BM: BOP: Current Account: Personal Remittances: Received: % of GDP data was reported at 22.989 % in 2022. This records an increase from the previous number of 22.721 % for 2021. BM: BOP: Current Account: Personal Remittances: Received: % of GDP data is updated yearly, averaging 20.524 % from Dec 2005 (Median) to 2022, with 18 observations. The data reached an all-time high of 22.989 % in 2022 and a record low of 0.000 % in 2005. BM: BOP: Current Account: Personal Remittances: Received: % of GDP data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Bermuda – Table BM.World Bank.WDI: Balance of Payments: Current Account. Personal remittances comprise personal transfers and compensation of employees. Personal transfers consist of all current transfers in cash or in kind made or received by resident households to or from nonresident households. Personal transfers thus include all current transfers between resident and nonresident individuals. Compensation of employees refers to the income of border, seasonal, and other short-term workers who are employed in an economy where they are not resident and of residents employed by nonresident entities. Data are the sum of two items defined in the sixth edition of the IMF's Balance of Payments Manual: personal transfers and compensation of employees.;World Bank staff estimates based on IMF balance of payments data, and World Bank and OECD GDP estimates.;Weighted average;Note: Data starting from 2005 are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6).
| Last | Frequency | Range |
|---|---|---|
| 22.989 2022 | yearly | 2005 - 2022 |
View Bermuda's BM: BOP: Current Account: Personal Remittances: Received: % of GDP from 2005 to 2022 in the chart:
BM: BOP: Current Account: Primary Income: Net
BM: BOP: Current Account: Primary Income: Net data was reported at 1.958 USD bn in 2021. This records an increase from the previous number of 1.770 USD bn for 2020. BM: BOP: Current Account: Primary Income: Net data is updated yearly, averaging 1.638 USD bn from Dec 2006 (Median) to 2021, with 16 observations. The data reached an all-time high of 1.958 USD bn in 2021 and a record low of 1.325 USD bn in 2011. BM: BOP: Current Account: Primary Income: Net data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Bermuda – Table BM.World Bank.WDI: Balance of Payments: Current Account. Net primary income refers to receipts and payments of employee compensation paid to nonresident workers and investment income (receipts and payments on direct investment, portfolio investment, other investments, and receipts on reserve assets). Data are in current U.S. dollars.;International Monetary Fund, Balance of Payments Statistics Yearbook and data files.;;Note: Data are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6) and are only available from 2005 onwards.
| Last | Frequency | Range |
|---|---|---|
| 1,957.709 2021 | yearly | 2006 - 2021 |
View Bermuda's BM: BOP: Current Account: Primary Income: Net from 2006 to 2021 in the chart:
BM: BOP: Current Account: Primary Income: Payments
BM: BOP: Current Account: Primary Income: Payments data was reported at 181.999 USD mn in 2021. This records a decrease from the previous number of 269.593 USD mn for 2020. BM: BOP: Current Account: Primary Income: Payments data is updated yearly, averaging 311.116 USD mn from Dec 2006 (Median) to 2021, with 16 observations. The data reached an all-time high of 824.548 USD mn in 2013 and a record low of 181.999 USD mn in 2021. BM: BOP: Current Account: Primary Income: Payments data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Bermuda – Table BM.World Bank.WDI: Balance of Payments: Current Account. Primary income payments refer to employee compensation paid to nonresident workers and investment income (payments on direct investment, portfolio investment, other investments). Data are in current U.S. dollars.;International Monetary Fund, Balance of Payments Statistics Yearbook and data files.;Sum;Note: Data are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6) and are only available from 2005 onwards.
| Last | Frequency | Range |
|---|---|---|
| 181.999 2021 | yearly | 2006 - 2021 |
View Bermuda's BM: BOP: Current Account: Primary Income: Payments from 2006 to 2021 in the chart:
BM: BOP: Current Account: Primary Income: Receipts
BM: BOP: Current Account: Primary Income: Receipts data was reported at 2.140 USD bn in 2021. This records an increase from the previous number of 2.040 USD bn for 2020. BM: BOP: Current Account: Primary Income: Receipts data is updated yearly, averaging 1.948 USD bn from Dec 2006 (Median) to 2021, with 16 observations. The data reached an all-time high of 2.431 USD bn in 2007 and a record low of 1.679 USD bn in 2011. BM: BOP: Current Account: Primary Income: Receipts data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Bermuda – Table BM.World Bank.WDI: Balance of Payments: Current Account. Primary income receipts refer to employee compensation paid to resident workers working abroad and investment income (receipts on direct investment, portfolio investment, other investments, and receipts on reserve assets). Data are in current U.S. dollars.;International Monetary Fund, Balance of Payments Statistics Yearbook and data files.;Sum;Note: Data are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6) and are only available from 2005 onwards.
| Last | Frequency | Range |
|---|---|---|
| 2,139.709 2021 | yearly | 2006 - 2021 |
View Bermuda's BM: BOP: Current Account: Primary Income: Receipts from 2006 to 2021 in the chart:
BM: BOP: Current Account: Secondary Income: Net
BM: BOP: Current Account: Secondary Income: Net data was reported at -206.136 USD mn in 2021. This records an increase from the previous number of -220.578 USD mn for 2020. BM: BOP: Current Account: Secondary Income: Net data is updated yearly, averaging -153.112 USD mn from Dec 2006 (Median) to 2021, with 16 observations. The data reached an all-time high of -6.820 USD mn in 2006 and a record low of -220.578 USD mn in 2020. BM: BOP: Current Account: Secondary Income: Net data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Bermuda – Table BM.World Bank.WDI: Balance of Payments: Current Account. 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. Data are in current U.S. dollars.;International Monetary Fund, Balance of Payments Statistics Yearbook and data files.;;Note: Data are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6) and are only available from 2005 onwards.
| Last | Frequency | Range |
|---|---|---|
| -206.136 2021 | yearly | 2006 - 2021 |
View Bermuda's BM: BOP: Current Account: Secondary Income: Net from 2006 to 2021 in the chart:
BM: BOP: Current Account: Secondary Income: Other Sectors: Payments
BM: BOP: Current Account: Secondary Income: Other Sectors: Payments data was reported at 430.095 USD mn in 2021. This records an increase from the previous number of 391.925 USD mn for 2020. BM: BOP: Current Account: Secondary Income: Other Sectors: Payments data is updated yearly, averaging 252.233 USD mn from Dec 2006 (Median) to 2021, with 16 observations. The data reached an all-time high of 430.095 USD mn in 2021 and a record low of 131.780 USD mn in 2006. BM: BOP: Current Account: Secondary Income: Other Sectors: Payments data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Bermuda – Table BM.World Bank.WDI: Balance of Payments: Current Account. 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. Data are in current U.S. dollars.;International Monetary Fund, Balance of Payments Statistics Yearbook and data files.;Sum;Note: Data are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6) and are only available from 2005 onwards.
| Last | Frequency | Range |
|---|---|---|
| 430.095 2021 | yearly | 2006 - 2021 |
View Bermuda's BM: BOP: Current Account: Secondary Income: Other Sectors: Payments from 2006 to 2021 in the chart:
BM: BOP: Current Account: Secondary Income: Receipts
BM: BOP: Current Account: Secondary Income: Receipts data was reported at 238.725 USD mn in 2021. This records an increase from the previous number of 184.789 USD mn for 2020. BM: BOP: Current Account: Secondary Income: Receipts data is updated yearly, averaging 124.758 USD mn from Dec 2006 (Median) to 2021, with 16 observations. The data reached an all-time high of 238.725 USD mn in 2021 and a record low of 68.798 USD mn in 2008. BM: BOP: Current Account: Secondary Income: Receipts data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Bermuda – Table BM.World Bank.WDI: Balance of Payments: Current Account. 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. Data are in current U.S. dollars.;International Monetary Fund, Balance of Payments Statistics Yearbook and data files.;Sum;Note: Data are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6) and are only available from 2005 onwards.
| Last | Frequency | Range |
|---|---|---|
| 238.725 2021 | yearly | 2006 - 2021 |
View Bermuda's BM: BOP: Current Account: Secondary Income: Receipts from 2006 to 2021 in the chart:
BM: BOP: Current Account: Trade in Services: % of GDP
BM: BOP: Current Account: Trade in Services: % of GDP data was reported at 26.984 % in 2021. This records an increase from the previous number of 26.325 % for 2020. BM: BOP: Current Account: Trade in Services: % of GDP data is updated yearly, averaging 35.839 % from Dec 2006 (Median) to 2021, with 16 observations. The data reached an all-time high of 40.207 % in 2007 and a record low of 26.325 % in 2020. BM: BOP: Current Account: Trade in Services: % of GDP data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Bermuda – Table BM.World Bank.WDI: Balance of Payments: Current Account. Trade in services is the sum of service exports and imports divided by the value of GDP, all in current U.S. dollars.;International Monetary Fund, Balance of Payments Statistics Yearbook and data files, and World Bank and OECD GDP estimates.;Weighted average;Note: Data are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6) and are only available from 2005 onwards.
| Last | Frequency | Range |
|---|---|---|
| 26.984 2021 | yearly | 2006 - 2021 |