Bermuda: Growth of exports

* indicates monthly or quarterly data series
 Bermuda

Exports of goods and services, annual growth

 Latest value 9.82
 Year 2022
 Measure percent
 Data availability 2015 - 2022
 Average 1.02
 Min - Max -10.23 - 9.82
 Source The World Bank
The latest value from 2022 is 9.82 percent, an increase from 4.22 percent in 2021. In comparison, the world average is 12.52 percent, based on data from 149 countries. Historically, the average for Bermuda from 2015 to 2022 is 1.02 percent. The minimum value, -10.23 percent, was reached in 2017 while the maximum of 9.82 percent was recorded in 2022. See the global rankings for that indicator or use the country comparator to compare trends over time.
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* indicates monthly or quarterly data series


Recent data
Bermuda - Growth of exports - Recent values chart




Definition: Annual growth rate of exports of goods and services based on constant local currency. Aggregates are based on constant 2015 prices, expressed in U.S. dollars. Exports of goods and services represent the value of all goods and other market services provided to the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments.

Selected articles from our guide:

What factors determine the exchange rates

International lending and sovereign debt

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 Related indicators Latest Reference Measure
 Terms of trade 156.81 2021 percent
 Trade openness 75.51 2022 percent
 Exports, percent of GDP 50.46 2022 percent
 Exports, billion dollars 3.95 2022 billion U.S. dollars
 Growth of exports 9.82 2022 percent
 Imports, percent of GDP 25.05 2022 percent
 Imports, billion dollars 1.96 2022 billion U.S. dollars
 Foreign Direct Investment, percent of GDP -0.44 2022 percent
 Foreign Direct Investment, billion dollars -0.03 2022 billion U.S. dollars
 Portfolio investment inflows, equities 1.29 2021 million dollars (current)
 Current account, in dollars 0.96 2021 billion U.S. dollars
 Trade balance, percent of GDP 26.37 2022 percent
 Trade balance, in dollars -0.79 2021 billion U.S. dollars
 Remittances, percent of GDP 22.99 2022 percent
 Remittances 1,800.00 2023 million U.S. dollars
 Net errors and omissions -93.08 2021 million USD
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