Remittances paid — all countries

Remittances paid — Bermuda

Remittances paid in Bermuda in 2023 — 176,175,685 US$. Ranked 109 in the world out of 176. Since 2006, the indicator has risen by 2.7%.

2023 176M US$ +2.48% vs 2022
World rank 109of 176
Period maximum 239M US$2010
Period minimum 159M US$2021

Trend over time

2006–2023 · US$

Remittances paid — Bermuda, 2006–2023140M160M180M200M220M240M20062008201020122014201620182020202220232006: 171,580,000 US$2007: 177,947,228 US$2008: 190,915,102 US$2009: 212,564,001 US$2010: 238,623,066 US$2011: 215,424,494 US$2012: 217,148,646 US$2013: 218,784,177 US$2014: 224,147,087 US$2015: 186,973,110 US$2016: 213,856,868 US$2017: 218,383,822 US$2018: 197,545,233 US$2019: 198,609,832 US$2020: 183,196,006 US$2021: 159,405,524 US$2022: 171,910,319 US$2023: 176,175,685 US$
Change over the period: +4.6M (+2.68%) Average annual rate: 0.16 %

Comparison, 2023

How the value compares with the world and the groups this territory belongs to: Bermuda

Bermuda 176M US$
World 592B US$
North America 112B US$
Northern America computed 112B US$
High-income countries computed 496B US$
Remittances paid — Bermuda, by year Bermuda All countries CSV XLSX
Year US$ Change Change, %
2023 176M +4.27M +2.48%
2022 172M +12.5M +7.84%
2021 159M −23.79M −12.99%
2020 183M −15.41M −7.76%
2019 199M +1.06M +0.54%
2018 198M −20.84M −9.54%
2017 218M +4.53M +2.12%
2016 214M +26.88M +14.38%
2015 187M −37.17M −16.58%
2014 224M +5.36M +2.45%
2013 219M +1.64M +0.75%
2012 217M +1.72M +0.8%
2011 215M −23.2M −9.72%
2010 239M +26.06M +12.26%
2009 213M +21.65M +11.34%
2008 191M +12.97M +7.29%
2007 178M +6.37M +3.71%
2006 172M

Northern America, 2023

The same indicator for neighboring countries — with links to their pages

About the indicator

Personal remittances sent from a country abroad. This is the mirror side of remittances received, and together the two divide the world into countries that take in labor migrants and countries that send them. The largest senders are the United States and the Gulf states, and for the latter the flow is enormous relative to the size of the economy: incomers make up the majority of those working there.

Important: Remittances sent and received should match at the world level, but they do not: some countries do not record the flow, and part of the transfers goes outside the statistics.

Source: World Development Indicators (World Bank), license CC BY 4.0.