Travel services (% of commercial service exports) in Bermuda
Bermuda: Travel services (% of commercial service exports) was 28.8% in 2025. ▼ Falling
Travel services in Bermuda, 2006–2025
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of commercial service exports.
Analysis
Bermuda recorded 28.8% for travel services in 2025.
Compared with earlier readings it is down 3.0% on the previous year and down 8.2% over ten years.
Over the whole period, travel services in Bermuda peaked at 39.5% in 2019 and was at its lowest, 9.7%, in 2020.
Bermuda ranks 120th of 198 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 20 years of available data.
Travel services (% of commercial service exports) in Bermuda, year by year
| Year | % of commercial service exports | Change |
|---|---|---|
| 2006 | 33.2% | — |
| 2007 | 35.9% | +8.1% |
| 2008 | 30.1% | -16.1% |
| 2009 | 28.8% | -4.4% |
| 2010 | 33.0% | +14.7% |
| 2011 | 35.4% | +7.3% |
| 2012 | 33.2% | -6.3% |
| 2013 | 33.4% | +0.6% |
| 2014 | 31.6% | -5.2% |
| 2015 | 31.3% | -0.9% |
| 2016 | 35.4% | +13.1% |
| 2017 | 38.8% | +9.5% |
| 2018 | 38.5% | -0.7% |
| 2019 | 39.5% | +2.5% |
| 2020 | 9.7% | -75.3% |
| 2021 | 13.2% | +36.0% |
| 2022 | 29.4% | +121.9% |
| 2023 | 34.4% | +17.0% |
| 2024 | 29.7% | -13.8% |
| 2025 | 28.8% | -3.0% |
Bermuda compared with similar countries
- Bermuda's 28.8% is above the median for high income countries, which is 27.1%, 1.1× the median. (72 countries reporting)
Biggest year-on-year movements
Years where Travel services (% of commercial service exports) 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 |
|---|---|---|---|
| 2022 | +121.9% | 13.2% | 29.4% |
| 2020 | -75.3% | 39.5% | 9.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 32.0% | 28.8% | 35.9% | 4 |
| 2010s | 35.0% | 31.3% | 39.5% | 10 |
| 2020s | 24.2% | 9.7% | 34.4% | 6 |
Countries ranked near Bermuda
More private sector data for Bermuda
- Merchandise trade 14.6% (2024)
- Food imports 22.8% (2025)
- Manufactures imports 56.5% (2025)
- Merchandise imports 1.25 billion current US$ (2025)
- Commercial service imports 1.30 billion current US$ (2025)
- Food exports 1.1% (2025)
- Manufactures exports 98.2% (2025)
- Merchandise exports 43.00 million current US$ (2025)
- Commercial service exports 1.90 billion current US$ (2025)
- Merchandise exports (current US$), per capita 666.1 current US$ per person (2025)
Frequently asked questions
- What is travel services in Bermuda?
- Travel services in Bermuda was 28.8% in 2025, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest travel services recorded in Bermuda?
- The highest recorded value was 39.5% in 2019.
- What is the lowest travel services recorded in Bermuda?
- The lowest recorded value was 9.7% in 2020.
- How does Bermuda rank for travel services?
- Bermuda ranks 120th out of 198 countries with data for 2025.
- Is travel services rising or falling in Bermuda?
- Over the last ten years it is down 8.2%. 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 Travel services (% of commercial service exports). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 20 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Travel services cover goods and services for own use or to give away acquired from an economy by nonresidents during visits to that economy, or acquired from other economies by residents during visits to these other economies. This indicator is expressed as a percentage of service exports which are commercial services provided by residents to non-residents.