Transport services in Bermuda
Bermuda: Transport services was 24.6% 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 imports.
Analysis
Bermuda recorded 24.6% for transport services in 2023.
That represents a change of down 2.0% on the previous year and down 14.2% over ten years.
Over the whole period, transport services in Bermuda peaked at 36.9% in 2006 and was at its lowest, 19.6%, in 2020.
That places Bermuda 124th out of 197 countries with data for 2023, putting it in the middle of the range.
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 imports | Change |
|---|---|---|
| 2006 | 36.9% | — |
| 2007 | 34.4% | -6.6% |
| 2008 | 33.8% | -1.7% |
| 2009 | 28.4% | -16.0% |
| 2010 | 27.2% | -4.1% |
| 2011 | 28.2% | +3.3% |
| 2012 | 27.6% | -1.9% |
| 2013 | 28.7% | +3.9% |
| 2014 | 26.3% | -8.2% |
| 2015 | 29.3% | +11.3% |
| 2016 | 28.3% | -3.4% |
| 2017 | 28.6% | +1.0% |
| 2018 | 21.2% | -26.0% |
| 2019 | 22.4% | +5.7% |
| 2020 | 19.6% | -12.6% |
| 2021 | 22.1% | +13.0% |
| 2022 | 25.1% | +13.7% |
| 2023 | 24.6% | -2.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 33.4% | 28.4% | 36.9% | 4 |
| 2010s | 26.8% | 21.2% | 29.3% | 10 |
| 2020s | 22.9% | 19.6% | 25.1% | 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 24.6% 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 36.9% in 2006.
- What is the lowest transport services recorded in Bermuda?
- The lowest recorded value was 19.6% in 2020.
- How does Bermuda rank for transport services?
- Bermuda ranks 124th out of 197 countries with data for 2023.
- Is transport services rising or falling in Bermuda?
- Over the last ten years it is down 14.2%. 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 imports). 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 imports which are commercial services provided by non-residents to residents.