Bermuda: Growth of exports

* indicates monthly or quarterly data series
 Bermuda

Exports of goods and services, annual growth

 Latest value 10.97
 Year 2024
 Measure percent
 Data availability 2015 - 2024
 Average 2.55
 Min - Max -10.23 - 10.97
 Source The World Bank
 Available for Data download
The latest value from 2024 is 10.97 percent, an increase from 6.34 percent in 2023. In comparison, the world average is 4.54 percent, based on data from 155 countries. Historically, the average for Bermuda from 2015 to 2024 is 2.55 percent. The minimum value, -10.23 percent, was reached in 2017 while the maximum of 10.97 percent was recorded in 2024. See the global rankings for that indicator or use the country comparator to compare trends over time.
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 Recent values Bermuda: Growth of exports
 2024 10.97
 2023 6.34
 2022 9.82
 2021 4.22
 2020 -9.87
 2019 -3.28
 2018 5.85
 2017 -10.23




Definition: Exports of goods includes changes in the economic ownership of goods from residents of the compiling economy to non-residents, irrespective of physical movement of goods across national borders. Exports of services includes services provided by residents to non-residents. This indicator denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.

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 Related indicators Latest Reference Measure
 Terms of trade 120.90 2024 percent
 Trade openness 80.21 2024 percent
 Exports, percent of GDP 55.15 2024 percent
 Exports, billion dollars 5.07 2024 billion U.S. dollars
 Growth of exports 10.97 2024 percent
 Imports, percent of GDP 25.06 2024 percent
 Imports, billion dollars 2.30 2024 billion U.S. dollars
 Foreign Direct Investment, percent of GDP 1.28 2024 percent
 Foreign Direct Investment, billion dollars 0.12 2024 billion U.S. dollars
 Portfolio investment inflows, equities -94.72 2023 million dollars (current)
 Current account, percent of GDP 15.35 2023 percent
 Current account, in dollars 1.32 2023 billion U.S. dollars
 Trade balance, percent of GDP 30.09 2024 percent
 Trade balance, in dollars -0.70 2023 billion U.S. dollars
 Remittances, percent of GDP 23.72 2023 percent
 Remittances 2,035.32 2023 million U.S. dollars
 Net errors and omissions -370.23 2023 million USD
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