Bermuda vs Latin America & the Caribbean (IDA & IBRD countries): Merchandise imports by the reporting economy, residual

Bermuda
2.1%
in 2023
Latin America & the Caribbean (IDA & IBRD countries)
0.1%
in 2023
Bermuda rank
5th
Latin America & the Caribbean (IDA & IBRD countries) rank
5th

Merchandise imports by the reporting economy, residual over time

  • Bermuda
  • Latin America & the Caribbean (IDA & IBRD countries)
0246196019912023

How they compare

Bermuda currently reports 2.1% against 0.1% in Latin America & the Caribbean (IDA & IBRD countries), a difference of 2.0%.

That makes Bermuda's figure about 29.3 times Latin America & the Caribbean (IDA & IBRD countries)'s.

The two have swapped places 9 times across 61 shared years of data; in 1961 it was Latin America & the Caribbean (IDA & IBRD countries) ahead.

Bermuda ranks 5th and Latin America & the Caribbean (IDA & IBRD countries) ranks 5th of 206 countries.

Across the 7 decades both report, Bermuda averaged higher in 4 and Latin America & the Caribbean (IDA & IBRD countries) in 3.

Head to head by decade

Decade Bermuda Latin America & the Caribbean (IDA & IBRD countries) Difference Ahead
1960s 2.1% 3.7% 1.6% Latin America & the Caribbean (IDA & IBRD countries)
1970s 1.8% 2.2% 0.4% Latin America & the Caribbean (IDA & IBRD countries)
1980s 0.9% 2.7% 1.8% Latin America & the Caribbean (IDA & IBRD countries)
1990s 1.9% 1.8% 0.1% Bermuda
2000s 2.3% 1.3% 0.9% Bermuda
2010s 4.8% 0.4% 4.4% Bermuda
2020s 3.2% 0.1% 3.1% Bermuda

Averages of every year both report within each decade.

Frequently asked questions

Which has higher merchandise imports by the reporting economy, residual, Bermuda or Latin America & the Caribbean (IDA & IBRD countries)?
Bermuda, at 2.1% against 0.1% in Latin America & the Caribbean (IDA & IBRD countries) as of 2023.
What is the difference in merchandise imports by the reporting economy, residual between Bermuda and Latin America & the Caribbean (IDA & IBRD countries)?
2.0%, with Bermuda ahead.
How many years of comparable data are there for Bermuda and Latin America & the Caribbean (IDA & IBRD countries)?
61 years are reported by both, from 1961 to 2023.
How do Bermuda and Latin America & the Caribbean (IDA & IBRD countries) rank globally for merchandise imports by the reporting economy, residual?
Bermuda ranks 5th and Latin America & the Caribbean (IDA & IBRD countries) ranks 5th of 206 countries.
Where does this data come from?
Staff estimates, World Bank (WB), published as Merchandise imports by the reporting economy, residual (% of total merchandise imports). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Bermuda vs Latin America & the Caribbean (IDA & IBRD countries): Merchandise imports by the reporting economy, residual. Statizoid, drawing on Staff estimates, World Bank (WB). Retrieved 18 September 2026, from https://private-sector.statizoid.com/compare/merchandise-imports-by-the-reporting-economy-residual-percent-of-total-merchandise-imports/bermuda/latin-america-and-the-caribbean-ida-and-ibrd-countries/

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About this data

Indicator
Merchandise imports by the reporting economy, residual (% of total merchandise imports)
Unit
% of total merchandise imports
Source
Staff estimates, World Bank (WB)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
253 places, 13,515 data points, 1960–2023
Last refreshed

Merchandise imports by the reporting economy residuals are the total merchandise imports by the reporting economy from the rest of the world as reported in the IMF's Direction of trade database, less the sum of imports by the reporting economy from high-, low-, and middle-income economies according to the World Bank classification of economies. Includes trade with unspecified partners or with economies not covered by World Bank classification. Data are as a percentage of total merchandise imports by the economy.