General profile: Bermuda

GENERAL INFORMATION FOR 2017
Population
Population
Exchange rates
Exchange rate
GDP
GDP
0.061 Millions
1.000 BMD/US$
6 321 Millions current US$
Land area
Land area ¹
CPI growth (%)
CPI growth
GDP growth
GDP growth
(m) 50 km²
1.94 %
1.20 %
INTERNATIONAL MERCHANDISE TRADE
More data on UNCTADstat
+5.3 %
Merchandise exports growth rate in 2017
Total merchandise trade
(millions of US$)
2005
2010
2015
2017
Merchandise exports
49
15
22
(e) 20
Merchandise imports
985
972
934
(e) 1 150
Merchandise trade balance
-936
-957
-912
(e) -1 130
Export structure by product group in 2017
(as % of total exports)
1 %1 %51 %51 %31 %31 %18 %18 %
Top 5 partners in 2017
(exports, millions of US$)
55420.66355420.663
INTERNATIONAL TRADE IN SERVICES
More data on UNCTADstat
Total trade in services ²
(millions of US$)
2005
2010
2015
2017
Services exports
-
1 401
1 295
(e) 1 397
Services imports
-
1 013
998
(e) 1 063
Services trade balance
-
388
296
(e) 333
Services exports by main category ²
(as % of total services)
2005
2010
2015
2017
Transport
..
2.6
2.7
(e) 2.7
Travel
..
31.6
29.8
(e) 36.6
Other services
..
65.8
67.5
(e) 60.7
TRADE INDICES
More data on UNCTADstat
252529292828151512121515171737373232424247479292138138101101119119787810010010310310010010410498986767747476767676104104979798989494969696961051051061061001002529281512151737324247921381011197810010310010498677476761049798949696105106100
ECONOMIC TRENDS
More data on UNCTADstat
+1.2 %
Gross domestic product growth rate in 2017
Economic indicators
(millions of US$ unless otherwise specified)
2005
2010
2015
2017
GDP, current
4 868
5 855
5 923
6 321
GDP per capita, current US$
74 745
91 552
95 528
103 032
Real GDP growth, y-on-y, %
1.67
-2.48
0.61
1.20
Current account balance, % of GDP
..
11.89
15.13
..
Exchange rate (/US$)
1.000
1.000
1.000
1.000
GDP by expenditure in 2016
(as % of total GDP)
52.315.912.548.531.152.315.912.548.531.1
FDI AND EXTERNAL FINANCIAL RESOURCES
More data on UNCTADstat
-0.7 %
FDI outflows as % of GDP in 2017
Financial flows
(millions of US$ unless otherwise specified)
2005
2010
2015
2017
FDI inflows
43.70
286.92
-143.09
(j) -288.00
FDI outflows
31.30
-13.90
-84.47
(j) -42.00
Personal remittances, % of GDP
..
21.54
23.37
..
Financial flows trends
(millions of US$)
1 397.81 397.81 367.91 367.91 290.01 290.01 224.91 224.91 190.81 190.81 175.31 175.31 261.41 261.41 346.11 346.11 390.81 390.81 450.11 450.11 182.5-288-288-73-73-143-143-3-393934848-287-287287287-70-7078786116112612614444832832131355424267671 397.81 367.91 290.01 224.91 190.81 175.31 261.41 346.11 390.81 450.1-288-73-143-39348-287287-7078611261448321354267FDI Inwards flowsFDI Inwards flowsFDI Inwards flowsMigrant's remittances receiptsMigrant's remittances receiptsMigrant's remittances receipts
TRADE IN GOODS AND SERVICES
More data on UNCTADstat
Trade balance indicators ²
(as % and index)
2005
2010
2015
2017
Balance, % of GDP
-
-10.00
-10.42
-
Balance, % of imports
-
-29.24
-31.93
-36.03
Normalized balance
-
-0.171
-0.190
(e) -0.220
Trade openness ²
(sum of imports and exports as % of GDP)
5555585857585857606667
LABOUR FORCE
More data on UNCTADstat
Labour force by gender in 2017
(as % of total labour force, all sectors)
OTHER INDICATORS
More data on UNCTADstat
0.592 %
Share of the total world merchant fleet in 2017
Maritime transport indicators
 
2005
2010
2015
2017
Merchant fleet, national flag (thousands of DWT)
6 776
10 107
10 944
11 028
Liner shipping connectivity index (maximum 2004 = 100 for China)
1.57
1.57
1.51
1.47
Container port throughput (TEU)
..
..
..
..
Information economy indicators
(as % of)
2005
2010
2015
2017
Share of ICT goods, % of total exports
..
..
5.20
..
Share of ICT goods, % of total imports
..
3.39
3.21
..
Share of workforce involved in the ICT sector
2.71
..
..
..
Source: UNCTADstat (http://unctadstat.unctad.org)
Notes:
1
Land area refers to the total area of a country excluding area under inland water bodies. It differs from the country area, that includes area under inland water bodies, but excludes offshore territorial waters.
2
Statistics presented correspond to the 6th edition of the IMF Balance of Payments and International Investment Position Manual (BPM6, 2009).
e
Estimated.
j
Asset/liability basis.
m
Estimated. Data refers to 2013.
Symbols for missing values:
0
Zero means that the amount is nil or negligible
..
Not available or not separately reported
_
Not applicable
...
Not available, including no quotation
#
Non-relevant calculation
-
Not publishable
***
Negative accumulation of flows; Value included in regional and global totals
Abbreviations & acronyms:
DWT:
Dead weight tons
FDI:
Foreign direct investment
GDP:
Gross domestic product
ICT:
Information and communication technology
TEU:
Twenty foot equivalent unit
US$:
United States dollar
Disclaimer:
The designations employed and the presentation of the material on UNCTADstat do not imply the expression of any opinion whatsoever on the part of the secretariat of the United Nations concerning the legal status of any country, territory, city or area, or of its authorities, or concerning the delimitation of its frontiers or boundaries.
Where the designations "economy" or "country or area" appear in texts or tables, they cover regions, countries, territories, cities or areas.

UNCTAD strives for the highest level of accuracy and is committed to promptly correcting any errors on its part. It does not guarantee or make any express or implied representations regarding the accuracy, reliability, correctness, fitness for use for a particular purpose, or otherwise, whatsoever, of any of the tables in UNCTADstat.
Generation date: 14 August 2018