Merchandise imports by the reporting economy (current US$), per unit in Bermuda
Bermuda: Merchandise imports by the reporting economy (current US$), per unit was 0.1663 current US$ per US$ of GDP in 2023. ▼ Falling
Merchandise imports by the reporting economy (current US$), per unit in Bermuda, 1961–2023
Source: Statizoid (derived). Measured in current US$ per US$ of GDP.
Analysis
In 2023, merchandise imports by the reporting economy (current us$), per unit in Bermuda stood at 0.1663 current US$ per US$ of GDP.
That represents a change of up 4.6% on the previous year and up 7.0% over ten years.
Over the whole period, merchandise imports by the reporting economy (current us$), per unit in Bermuda peaked at 0.9684 current US$ per US$ of GDP in 1999 and was at its lowest, 0.1286 current US$ per US$ of GDP, in 2019.
Bermuda ranks 174th of 202 countries on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 61 years of available data.
Merchandise imports by the reporting economy (current US$), per unit in Bermuda, year by year
| Year | current US$ per US$ of GDP | Change |
|---|---|---|
| 1961 | 0.7425 current US$ per US$ of GDP | — |
| 1962 | 0.6518 current US$ per US$ of GDP | -12.2% |
| 1963 | 0.615 current US$ per US$ of GDP | -5.6% |
| 1964 | 0.5857 current US$ per US$ of GDP | -4.8% |
| 1965 | 0.5612 current US$ per US$ of GDP | -4.2% |
| 1966 | 0.5443 current US$ per US$ of GDP | -3.0% |
| 1967 | 0.477 current US$ per US$ of GDP | -12.4% |
| 1968 | 0.4553 current US$ per US$ of GDP | -4.5% |
| 1971 | 0.5498 current US$ per US$ of GDP | +20.8% |
| 1972 | 0.4971 current US$ per US$ of GDP | -9.6% |
| 1973 | 0.4818 current US$ per US$ of GDP | -3.1% |
| 1974 | 0.4807 current US$ per US$ of GDP | -0.2% |
| 1975 | 0.4876 current US$ per US$ of GDP | +1.4% |
| 1976 | 0.4175 current US$ per US$ of GDP | -14.4% |
| 1977 | 0.4058 current US$ per US$ of GDP | -2.8% |
| 1978 | 0.4431 current US$ per US$ of GDP | +9.2% |
| 1979 | 0.414 current US$ per US$ of GDP | -6.6% |
| 1980 | 0.461 current US$ per US$ of GDP | +11.3% |
| 1981 | 0.4168 current US$ per US$ of GDP | -9.6% |
| 1982 | 0.4387 current US$ per US$ of GDP | +5.2% |
| 1983 | 0.4095 current US$ per US$ of GDP | -6.7% |
| 1984 | 0.4167 current US$ per US$ of GDP | +1.8% |
| 1985 | 0.4642 current US$ per US$ of GDP | +11.4% |
| 1986 | 0.3778 current US$ per US$ of GDP | -18.6% |
| 1987 | 0.4706 current US$ per US$ of GDP | +24.6% |
| 1988 | 0.3774 current US$ per US$ of GDP | -19.8% |
| 1989 | 0.3902 current US$ per US$ of GDP | +3.4% |
| 1990 | 0.368 current US$ per US$ of GDP | -5.7% |
| 1991 | 0.3109 current US$ per US$ of GDP | -15.5% |
| 1992 | 0.3328 current US$ per US$ of GDP | +7.0% |
| 1993 | 0.3228 current US$ per US$ of GDP | -3.0% |
| 1994 | 0.485 current US$ per US$ of GDP | +50.3% |
| 1995 | 0.338 current US$ per US$ of GDP | -30.3% |
| 1996 | 0.2355 current US$ per US$ of GDP | -30.3% |
| 1997 | 0.4453 current US$ per US$ of GDP | +89.1% |
| 1998 | 0.4335 current US$ per US$ of GDP | -2.7% |
| 1999 | 0.9684 current US$ per US$ of GDP | +123.4% |
| 2000 | 0.782 current US$ per US$ of GDP | -19.2% |
| 2001 | 0.6531 current US$ per US$ of GDP | -16.5% |
| 2002 | 0.7801 current US$ per US$ of GDP | +19.4% |
| 2003 | 0.7736 current US$ per US$ of GDP | -0.8% |
| 2004 | 0.3248 current US$ per US$ of GDP | -58.0% |
| 2005 | 0.2004 current US$ per US$ of GDP | -38.3% |
| 2006 | 0.1819 current US$ per US$ of GDP | -9.2% |
| 2007 | 0.2195 current US$ per US$ of GDP | +20.7% |
| 2008 | 0.279 current US$ per US$ of GDP | +27.1% |
| 2009 | 0.2153 current US$ per US$ of GDP | -22.8% |
| 2010 | 0.2144 current US$ per US$ of GDP | -0.5% |
| 2011 | 0.2212 current US$ per US$ of GDP | +3.2% |
| 2012 | 0.1911 current US$ per US$ of GDP | -13.6% |
| 2013 | 0.1554 current US$ per US$ of GDP | -18.7% |
| 2014 | 0.1979 current US$ per US$ of GDP | +27.4% |
| 2015 | 0.1822 current US$ per US$ of GDP | -7.9% |
| 2016 | 0.2066 current US$ per US$ of GDP | +13.4% |
| 2017 | 0.1644 current US$ per US$ of GDP | -20.4% |
| 2018 | 0.1424 current US$ per US$ of GDP | -13.4% |
| 2019 | 0.1286 current US$ per US$ of GDP | -9.7% |
| 2020 | 0.1915 current US$ per US$ of GDP | +48.8% |
| 2021 | 0.1741 current US$ per US$ of GDP | -9.1% |
| 2022 | 0.1589 current US$ per US$ of GDP | -8.7% |
| 2023 | 0.1663 current US$ per US$ of GDP | +4.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 0.5791 current US$ per US$ of GDP | 0.4553 current US$ per US$ of GDP | 0.7425 current US$ per US$ of GDP | 8 |
| 1970s | 0.4642 current US$ per US$ of GDP | 0.4058 current US$ per US$ of GDP | 0.5498 current US$ per US$ of GDP | 9 |
| 1980s | 0.4223 current US$ per US$ of GDP | 0.3774 current US$ per US$ of GDP | 0.4706 current US$ per US$ of GDP | 10 |
| 1990s | 0.424 current US$ per US$ of GDP | 0.2355 current US$ per US$ of GDP | 0.9684 current US$ per US$ of GDP | 10 |
| 2000s | 0.441 current US$ per US$ of GDP | 0.1819 current US$ per US$ of GDP | 0.782 current US$ per US$ of GDP | 10 |
| 2010s | 0.1804 current US$ per US$ of GDP | 0.1286 current US$ per US$ of GDP | 0.2212 current US$ per US$ of GDP | 10 |
| 2020s | 0.1727 current US$ per US$ of GDP | 0.1589 current US$ per US$ of GDP | 0.1915 current US$ per US$ of GDP | 4 |
Countries ranked near Bermuda
- 171 Kenya 0.1729 current US$ per US$ of GDP compare
- 172 Algeria 0.1717 current US$ per US$ of GDP compare
- 173 Colombia 0.1678 current US$ per US$ of GDP compare
- 175 Australia 0.166 current US$ per US$ of GDP compare
- 176 Indonesia 0.1617 current US$ per US$ of GDP compare
- 177 Israel 0.1582 current US$ per US$ of GDP 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$), annual growth rate -36.76 % change on previous year (2025)
Frequently asked questions
- What is merchandise imports by the reporting economy (current us$), per unit in Bermuda?
- Merchandise imports by the reporting economy (current us$), per unit in Bermuda was 0.1663 current US$ per US$ of GDP in 2023, according to Statizoid (derived).
- What is the highest merchandise imports by the reporting economy (current us$), per unit recorded in Bermuda?
- The highest recorded value was 0.9684 current US$ per US$ of GDP in 1999.
- What is the lowest merchandise imports by the reporting economy (current us$), per unit recorded in Bermuda?
- The lowest recorded value was 0.1286 current US$ per US$ of GDP in 2019.
- How does Bermuda rank for merchandise imports by the reporting economy (current us$), per unit?
- Bermuda ranks 174th out of 202 countries with data for 2023.
- Is merchandise imports by the reporting economy (current us$), per unit rising or falling in Bermuda?
- Over the last ten years it is up 7.0%. The long-run trend across the full record is falling.
- Where does this Bermuda data come from?
- The figures come from Statizoid (derived), published as part of Merchandise imports by the reporting economy (current US$), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Merchandise imports by the reporting economy (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Merchandise imports by the reporting economy (current US$) ÷ GDP (current US$)
Computed from
- Merchandise imports by the reporting economy Staff estimates, World Bank (WB)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Merchandise imports by the reporting economy (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.