Transport services in Bermuda
Bermuda: Transport services was 3.2% in 2023. ▼ Falling
Transport services in Bermuda, 2006–2023
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of commercial service exports.
Analysis
The most recent figure for transport services in Bermuda is 3.2%, measured in 2023.
Compared with earlier readings it is up 29.5% on the previous year and up 0.1% over ten years.
Over the whole period, transport services in Bermuda peaked at 4.7% in 2008 and was at its lowest, 2.5%, in 2022.
That places Bermuda 184th out of 198 countries with data for 2023, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 18 years of available data.
Transport services in Bermuda, year by year
| Year | % of commercial service exports | Change |
|---|---|---|
| 2006 | 3.7% | — |
| 2007 | 4.4% | +19.7% |
| 2008 | 4.7% | +6.0% |
| 2009 | 4.2% | -10.6% |
| 2010 | 2.7% | -35.0% |
| 2011 | 2.9% | +6.7% |
| 2012 | 3.3% | +15.0% |
| 2013 | 3.2% | -3.5% |
| 2014 | 2.6% | -19.8% |
| 2015 | 3.0% | +14.2% |
| 2016 | 2.8% | -4.3% |
| 2017 | 2.7% | -5.3% |
| 2018 | 2.8% | +4.7% |
| 2019 | 3.8% | +34.0% |
| 2020 | 4.1% | +9.8% |
| 2021 | 4.2% | +1.4% |
| 2022 | 2.5% | -40.4% |
| 2023 | 3.2% | +29.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 4.2% | 3.7% | 4.7% | 4 |
| 2010s | 3.0% | 2.6% | 3.8% | 10 |
| 2020s | 3.5% | 2.5% | 4.2% | 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 transport services in Bermuda?
- Transport services in Bermuda was 3.2% in 2023, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest transport services recorded in Bermuda?
- The highest recorded value was 4.7% in 2008.
- What is the lowest transport services recorded in Bermuda?
- The lowest recorded value was 2.5% in 2022.
- How does Bermuda rank for transport services?
- Bermuda ranks 184th out of 198 countries with data for 2023.
- Is transport services rising or falling in Bermuda?
- Over the last ten years it is up 0.1%. The long-run trend across the full record is falling.
- Where does this Bermuda data come from?
- The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Transport services (% of commercial service exports). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 18 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Transport is the process of carriage of people and objects from one location to another as well as related supporting and auxiliary services. Also included are postal and courier services. This indicator is expressed as a percentage of service exports which are commercial services provided by residents to non-residents.