Commercial service exports (current US$), annual growth rate in Bermuda
Bermuda: Commercial service exports (current US$), annual growth rate was 12.92 % change on previous year in 2023. ◆ Volatile
Commercial service exports (current US$), annual growth rate in Bermuda, 2007–2023
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2023, commercial service exports (current us$), annual growth rate in Bermuda stood at 12.92 % change on previous year.
Compared with earlier readings it is down 49.8% on the previous year and up 1,348.1% over ten years.
Over the whole period, commercial service exports (current us$), annual growth rate in Bermuda peaked at 25.75 % change on previous year in 2022 and was at its lowest, -36.9 % change on previous year, in 2020.
That places Bermuda 62nd out of 198 countries with data for 2023, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Commercial service exports (current US$), annual growth rate in Bermuda, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 2007 | 6.35 % change on previous year | — |
| 2008 | -9.72 % change on previous year | -253.0% |
| 2009 | -11.03 % change on previous year | +13.5% |
| 2010 | 5.39 % change on previous year | -148.9% |
| 2011 | 3.84 % change on previous year | -28.8% |
| 2012 | -4.56 % change on previous year | -218.8% |
| 2013 | -1.03 % change on previous year | -77.3% |
| 2014 | -3.65 % change on previous year | +252.7% |
| 2015 | -6.98 % change on previous year | +91.2% |
| 2016 | 5.36 % change on previous year | -176.9% |
| 2017 | 6.36 % change on previous year | +18.6% |
| 2018 | 14.58 % change on previous year | +129.3% |
| 2019 | 0.4721 % change on previous year | -96.8% |
| 2020 | -36.9 % change on previous year | -7916.5% |
| 2021 | 12.33 % change on previous year | -133.4% |
| 2022 | 25.75 % change on previous year | +108.8% |
| 2023 | 12.92 % change on previous year | -49.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -4.8 % change on previous year | -11.03 % change on previous year | 6.35 % change on previous year | 3 |
| 2010s | 1.98 % change on previous year | -6.98 % change on previous year | 14.58 % change on previous year | 10 |
| 2020s | 3.52 % change on previous year | -36.9 % change on previous year | 25.75 % change on previous year | 4 |
Countries ranked near Bermuda
- 59 Cape Verde 13.69 % change on previous year compare
- 60 Brunei Darussalam 13.61 % change on previous year compare
- 61 Micronesia, Federated States of 13.2 % change on previous year compare
- 63 Aruba 12.86 % change on previous year compare
- 64 Maldives 12.85 % change on previous year compare
- 65 Slovenia 12.69 % change on previous year compare
More private sector data for Bermuda
- Merchandise trade 14.6% (2024)
- Food imports 21.5% (2024)
- Manufactures imports 54.6% (2024)
- Merchandise imports 1.25 billion current US$ (2025)
- Food exports 1.8% (2024)
- Manufactures exports 59.9% (2024)
- Merchandise exports 43.00 million current US$ (2025)
- Merchandise exports (current US$), per capita 666.1 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.0074 current US$ per US$ of GDP (2024)
- Merchandise exports (current US$), annual growth rate -36.76 % change on previous year (2025)
Frequently asked questions
- What is commercial service exports (current us$), annual growth rate in Bermuda?
- Commercial service exports (current us$), annual growth rate in Bermuda was 12.92 % change on previous year in 2023, according to Statizoid (derived).
- What is the highest commercial service exports (current us$), annual growth rate recorded in Bermuda?
- The highest recorded value was 25.75 % change on previous year in 2022.
- What is the lowest commercial service exports (current us$), annual growth rate recorded in Bermuda?
- The lowest recorded value was -36.9 % change on previous year in 2020.
- How does Bermuda rank for commercial service exports (current us$), annual growth rate?
- Bermuda ranks 62nd out of 198 countries with data for 2023.
- Is commercial service exports (current us$), annual growth rate rising or falling in Bermuda?
- Over the last ten years it is up 1,348.1%. The long-run trend across the full record is volatile.
- Where does this Bermuda data come from?
- The figures come from Statizoid (derived), published as part of Commercial service exports (current US$), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 17 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Commercial service exports (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Commercial service exports Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Commercial service exports (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.