Merchandise imports from high-income economies in Bermuda
Bermuda: Merchandise imports from high-income economies was 96.6% in 2023. ▼ Falling
Merchandise imports from high-income economies in Bermuda, 1961–2023
Source: Staff estimates, World Bank (WB). Measured in % of total merchandise imports.
Analysis
The most recent figure for merchandise imports from high-income economies in Bermuda is 96.6%, measured in 2023.
The figure is up 8.9% on the previous year and up 4.3% over ten years.
Over the whole period, merchandise imports from high-income economies in Bermuda peaked at 99.4% in 2004 and was at its lowest, 22.3%, in 2003.
That places Bermuda 3rd out of 206 countries with data for 2023, putting it in the top 10%.
The long-run direction has been consistently falling across the 61 years of available data.
Merchandise imports from high-income economies in Bermuda, year by year
| Year | % of total merchandise imports | Change |
|---|---|---|
| 1961 | 93.3% | — |
| 1962 | 95.2% | +2.1% |
| 1963 | 97.8% | +2.7% |
| 1964 | 98.0% | +0.1% |
| 1965 | 98.0% | +0.0% |
| 1966 | 97.8% | -0.2% |
| 1967 | 98.4% | +0.7% |
| 1968 | 97.1% | -1.4% |
| 1971 | 98.1% | +1.0% |
| 1972 | 97.7% | -0.4% |
| 1973 | 96.4% | -1.3% |
| 1974 | 95.1% | -1.4% |
| 1975 | 94.0% | -1.1% |
| 1976 | 98.6% | +4.9% |
| 1977 | 98.3% | -0.3% |
| 1978 | 95.3% | -3.0% |
| 1979 | 98.4% | +3.2% |
| 1980 | 98.4% | -0.1% |
| 1981 | 98.4% | +0.1% |
| 1982 | 97.2% | -1.3% |
| 1983 | 98.8% | +1.7% |
| 1984 | 98.9% | +0.1% |
| 1985 | 96.0% | -2.9% |
| 1986 | 98.9% | +3.0% |
| 1987 | 98.9% | +0.0% |
| 1988 | 98.4% | -0.5% |
| 1989 | 94.6% | -3.9% |
| 1990 | 91.6% | -3.2% |
| 1991 | 93.8% | +2.4% |
| 1992 | 95.4% | +1.7% |
| 1993 | 98.6% | +3.4% |
| 1994 | 95.3% | -3.4% |
| 1995 | 97.2% | +2.0% |
| 1996 | 97.9% | +0.7% |
| 1997 | 89.4% | -8.6% |
| 1998 | 84.1% | -5.9% |
| 1999 | 67.0% | -20.3% |
| 2000 | 49.0% | -26.9% |
| 2001 | 40.4% | -17.6% |
| 2002 | 25.6% | -36.5% |
| 2003 | 22.3% | -13.1% |
| 2004 | 99.4% | +346.6% |
| 2005 | 93.7% | -5.8% |
| 2006 | 91.2% | -2.7% |
| 2007 | 82.8% | -9.2% |
| 2008 | 92.3% | +11.5% |
| 2009 | 96.3% | +4.4% |
| 2010 | 92.3% | -4.1% |
| 2011 | 86.6% | -6.2% |
| 2012 | 93.3% | +7.7% |
| 2013 | 92.7% | -0.6% |
| 2014 | 87.0% | -6.1% |
| 2015 | 90.6% | +4.1% |
| 2016 | 87.2% | -3.8% |
| 2017 | 94.1% | +7.9% |
| 2018 | 94.5% | +0.4% |
| 2019 | 95.0% | +0.5% |
| 2020 | 94.3% | -0.7% |
| 2021 | 94.8% | +0.5% |
| 2022 | 88.8% | -6.4% |
| 2023 | 96.6% | +8.9% |
Bermuda compared with similar countries
- Bermuda's 96.6% is above the median for high income countries, which is 78.4%, 1.2× the median. (74 countries reporting)
Biggest year-on-year movements
Years where Merchandise imports from high-income economies 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 |
|---|---|---|---|
| 2004 | +346.6% | 22.3% | 99.4% |
| 2002 | -36.5% | 40.4% | 25.6% |
| 2000 | -26.9% | 67.0% | 49.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 97.0% | 93.3% | 98.4% | 8 |
| 1970s | 96.9% | 94.0% | 98.6% | 9 |
| 1980s | 97.8% | 94.6% | 98.9% | 10 |
| 1990s | 91.0% | 67.0% | 98.6% | 10 |
| 2000s | 69.3% | 22.3% | 99.4% | 10 |
| 2010s | 91.3% | 86.6% | 95.0% | 10 |
| 2020s | 93.6% | 88.8% | 96.6% | 4 |
Countries ranked near Bermuda
- 1 Greenland 98.3% compare
- 2 Luxembourg 97.2% compare
- 4 Sint Maarten (Dutch part) 95.6% compare
- 5 San Marino 95.0% compare
- 6 Bahamas 93.5% 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 from high-income economies in Bermuda?
- Merchandise imports from high-income economies in Bermuda was 96.6% in 2023, according to Staff estimates, World Bank (WB).
- What is the highest merchandise imports from high-income economies recorded in Bermuda?
- The highest recorded value was 99.4% in 2004.
- What is the lowest merchandise imports from high-income economies recorded in Bermuda?
- The lowest recorded value was 22.3% in 2003.
- How does Bermuda rank for merchandise imports from high-income economies?
- Bermuda ranks 3rd out of 206 countries with data for 2023.
- Is merchandise imports from high-income economies rising or falling in Bermuda?
- Over the last ten years it is up 4.3%. The long-run trend across the full record is falling.
- Where does this Bermuda data come from?
- The figures come from Staff estimates, World Bank (WB), published as part of Merchandise imports from high-income economies (% of total merchandise imports). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 61 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Merchandise imports from high-income economies are the sum of merchandise imports by the reporting economy from high-income economies according to the World Bank classification of economies. Data are expressed as a percentage of total merchandise imports by the economy. Data are computed only if at least half of the economies in the partner country group had non-missing data.