Service imports — all countries

Service imports — Bermuda

Service imports in Bermuda in 2023 — 1,083,296,916 US$. Ranked 138 in the world out of 179. Since 2006, the indicator has risen by 25.7%.

2023 1.08B US$ +8.74% vs 2022
World rank 138of 179
Period maximum 1.12B US$2007
Period minimum 796M US$2020

Trend over time

2006–2023 · US$

Service imports — Bermuda, 2006–2023700M800M900M1B1.1B1.2B20062008201020122014201620182020202220232006: 861,920,000 US$2007: 1,115,186,853 US$2008: 1,041,507,912 US$2009: 984,175,451 US$2010: 1,013,319,127 US$2011: 896,834,813 US$2012: 898,603,799 US$2013: 895,447,496 US$2014: 987,427,804 US$2015: 888,310,456 US$2016: 944,178,453 US$2017: 949,858,033 US$2018: 1,096,634,556 US$2019: 1,071,807,591 US$2020: 796,484,714 US$2021: 839,782,686 US$2022: 996,242,105 US$2023: 1,083,296,916 US$
Change over the period: +221M (+25.68%) Average annual rate: 1.35 %

Comparison, 2023

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

Bermuda 1.08B US$
World 7.45T US$
North America 922B US$
Northern America computed 922B US$
High-income countries computed 5.69T US$
Service imports — Bermuda, by year Bermuda All countries CSV XLSX
Year US$ Change Change, %
2023 1.08B +87.05M +8.74%
2022 996M +156M +18.63%
2021 840M +43.3M +5.44%
2020 796M −275M −25.69%
2019 1.07B −24.83M −2.26%
2018 1.1B +147M +15.45%
2017 950M +5.68M +0.6%
2016 944M +55.87M +6.29%
2015 888M −99.12M −10.04%
2014 987M +91.98M +10.27%
2013 895M −3.16M −0.35%
2012 899M +1.77M +0.2%
2011 897M −116M −11.5%
2010 1.01B +29.14M +2.96%
2009 984M −57.33M −5.5%
2008 1.04B −73.68M −6.61%
2007 1.12B +253M +29.38%
2006 862M

Northern America, 2023

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

About the indicator

Imports of services: what residents spend on foreign transport, travel, insurance, business and computer services. A large and inconspicuous item: the spending of a country's own tourists abroad is counted here, so countries with well-off populations and a short holiday season have large service imports even when merchandise trade is weak. For many countries the difference between exports and imports of services flips the sign of a trade balance computed on goods alone.

Important: The trips of a country's own citizens abroad are part of service imports, not a separate item. It excludes compensation paid to foreign workers and investment income.

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