Merchandise exports to low- and middle-income economies in in Bermuda
Bermuda: Merchandise exports to low- and middle-income economies in was 27.6% in 2023. ◆ Volatile
Merchandise exports to low- and middle-income economies in in Bermuda, 1961–2023
Source: Staff estimates, World Bank (WB). Measured in % of total merchandise exports.
Analysis
In 2023, merchandise exports to low- and middle-income economies in in Bermuda stood at 27.6%.
Compared with earlier readings it is down 40.1% on the previous year and up 53.5% over ten years.
Over the whole period, merchandise exports to low- and middle-income economies in in Bermuda peaked at 58.7% in 2014 and was at its lowest, 0.0%, in 1988.
That places Bermuda 23rd out of 204 countries with data for 2023, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Merchandise exports to low- and middle-income economies in in Bermuda, year by year
| Year | % of total merchandise exports | Change |
|---|---|---|
| 1961 | 2.8% | — |
| 1962 | 2.7% | -1.1% |
| 1963 | 4.3% | +56.2% |
| 1964 | 7.3% | +70.0% |
| 1965 | 4.4% | -39.0% |
| 1966 | 3.9% | -11.9% |
| 1967 | 4.2% | +8.4% |
| 1971 | 4.0% | -6.6% |
| 1972 | 5.8% | +47.3% |
| 1973 | 7.2% | +23.9% |
| 1974 | 6.4% | -11.8% |
| 1975 | 4.6% | -27.5% |
| 1976 | 6.9% | +50.2% |
| 1977 | 3.2% | -53.5% |
| 1978 | 4.7% | +47.1% |
| 1979 | 5.0% | +6.0% |
| 1980 | 7.9% | +57.6% |
| 1981 | 9.9% | +25.7% |
| 1982 | 3.9% | -61.2% |
| 1983 | 0.3% | -92.2% |
| 1984 | 0.3% | +13.2% |
| 1985 | 0.7% | +101.5% |
| 1986 | 0.4% | -36.7% |
| 1987 | 0.0% | -99.1% |
| 1988 | 0.0% | -56.9% |
| 1993 | 0.6% | +32546.8% |
| 1996 | 0.1% | -74.0% |
| 1997 | 0.4% | +177.1% |
| 1998 | 0.5% | +17.0% |
| 1999 | 0.5% | +0.4% |
| 2000 | 0.4% | -26.1% |
| 2001 | 0.3% | -13.2% |
| 2002 | 0.1% | -55.0% |
| 2003 | 0.1% | +4.9% |
| 2004 | 0.1% | -13.0% |
| 2005 | 0.0% | -83.8% |
| 2006 | 25.3% | +123327.1% |
| 2007 | 11.2% | -55.7% |
| 2008 | 0.3% | -97.8% |
| 2009 | 11.5% | +4499.0% |
| 2010 | 0.1% | -99.1% |
| 2011 | 2.0% | +1716.7% |
| 2012 | 9.5% | +381.3% |
| 2013 | 18.0% | +89.2% |
| 2014 | 58.7% | +226.0% |
| 2015 | 12.8% | -78.2% |
| 2016 | 16.1% | +25.8% |
| 2017 | 3.1% | -80.5% |
| 2018 | 1.4% | -53.7% |
| 2019 | 4.6% | +219.9% |
| 2020 | 52.6% | +1034.9% |
| 2021 | 34.9% | -33.5% |
| 2022 | 46.1% | +32.0% |
| 2023 | 27.6% | -40.1% |
Bermuda compared with similar countries
- Bermuda's 27.6% is above the median for high income countries, which is 0.9%, 30.8× the median. (74 countries reporting)
Biggest year-on-year movements
Years where Merchandise exports to low- and middle-income economies in in Bermuda changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2006 | +123327.1% | 0.0% | 25.3% |
| 1993 | +32546.8% | 0.0% | 0.6% |
| 2009 | +4499.0% | 0.3% | 11.5% |
| 2011 | +1716.7% | 0.1% | 2.0% |
| 2020 | +1034.9% | 4.6% | 52.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 4.2% | 2.7% | 7.3% | 7 |
| 1970s | 5.3% | 3.2% | 7.2% | 9 |
| 1980s | 2.6% | 0.0% | 9.9% | 9 |
| 1990s | 0.4% | 0.1% | 0.6% | 5 |
| 2000s | 4.9% | 0.0% | 25.3% | 10 |
| 2010s | 12.6% | 0.1% | 58.7% | 10 |
| 2020s | 40.3% | 27.6% | 52.6% | 4 |
Countries ranked near Bermuda
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 merchandise exports to low- and middle-income economies in in Bermuda?
- Merchandise exports to low- and middle-income economies in in Bermuda was 27.6% in 2023, according to Staff estimates, World Bank (WB).
- What is the highest merchandise exports to low- and middle-income economies in recorded in Bermuda?
- The highest recorded value was 58.7% in 2014.
- What is the lowest merchandise exports to low- and middle-income economies in recorded in Bermuda?
- The lowest recorded value was 0.0% in 1988.
- How does Bermuda rank for merchandise exports to low- and middle-income economies in?
- Bermuda ranks 23rd out of 204 countries with data for 2023.
- Is merchandise exports to low- and middle-income economies in rising or falling in Bermuda?
- Over the last ten years it is up 53.5%. The long-run trend across the full record is volatile.
- Where does this Bermuda data come from?
- The figures come from Staff estimates, World Bank (WB), published as part of Merchandise exports to low- and middle-income economies in Sub-Saharan Africa (% of total merchandise exports). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 54 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Merchandise exports to low- and middle-income economies in Sub-Saharan Africa are the sum of merchandise exports from the reporting economy to low- and middle-income economies in the Sub-Saharan Africa region according to World Bank classification of economies. Data are as a percentage of total merchandise exports by the economy. Data are computed only if at least half of the economies in the partner country group had non-missing data.