28_Cross-border dep. with BIS banks, nonbanks, per unit of GDP in Bermuda
Bermuda: 28_Cross-border dep. with BIS banks, nonbanks, per unit of GDP was 7.98 units per US$ of GDP in 2024. ▲ Rising
28_Cross-border dep. with BIS banks, nonbanks, per unit of GDP in Bermuda, 1995–2024
Source: Statizoid (derived). Measured in units per US$ of GDP.
Analysis
The most recent figure for 28_cross-border dep. with bis banks, nonbanks, per unit of gdp in Bermuda is 7.98 units per US$ of GDP, measured in 2024.
That represents a change of up 5.5% on the previous year and down 25.9% over ten years.
Over the whole period, 28_cross-border dep. with bis banks, nonbanks, per unit of gdp in Bermuda peaked at 14.64 units per US$ of GDP in 2008 and was at its lowest, 4.47 units per US$ of GDP, in 1999.
Bermuda ranks 4th of 204 countries on this measure, in the top 10%.
The long-run direction has been consistently rising across the 30 years of available data.
28_Cross-border dep. with BIS banks, nonbanks, per unit of GDP in Bermuda, year by year
| Year | units per US$ of GDP | Change |
|---|---|---|
| 1995 | 6.42 units per US$ of GDP | — |
| 1996 | 5 units per US$ of GDP | -22.1% |
| 1997 | 5.49 units per US$ of GDP | +9.7% |
| 1998 | 4.78 units per US$ of GDP | -13.0% |
| 1999 | 4.47 units per US$ of GDP | -6.5% |
| 2000 | 5.97 units per US$ of GDP | +33.8% |
| 2001 | 4.7 units per US$ of GDP | -21.3% |
| 2002 | 6.58 units per US$ of GDP | +39.8% |
| 2003 | 13.44 units per US$ of GDP | +104.4% |
| 2004 | 13.9 units per US$ of GDP | +3.4% |
| 2005 | 14.29 units per US$ of GDP | +2.8% |
| 2006 | 12.22 units per US$ of GDP | -14.5% |
| 2007 | 13.17 units per US$ of GDP | +7.8% |
| 2008 | 14.64 units per US$ of GDP | +11.2% |
| 2009 | 7.97 units per US$ of GDP | -45.6% |
| 2010 | 8.61 units per US$ of GDP | +8.1% |
| 2011 | 10.16 units per US$ of GDP | +17.9% |
| 2012 | 10.26 units per US$ of GDP | +1.0% |
| 2013 | 9.57 units per US$ of GDP | -6.8% |
| 2014 | 10.77 units per US$ of GDP | +12.5% |
| 2015 | 10.16 units per US$ of GDP | -5.7% |
| 2016 | 10.78 units per US$ of GDP | +6.1% |
| 2017 | 11.2 units per US$ of GDP | +3.9% |
| 2018 | 11.36 units per US$ of GDP | +1.4% |
| 2019 | 11.26 units per US$ of GDP | -0.9% |
| 2020 | 11.87 units per US$ of GDP | +5.4% |
| 2021 | 10.21 units per US$ of GDP | -14.0% |
| 2022 | 9.3 units per US$ of GDP | -8.8% |
| 2023 | 7.56 units per US$ of GDP | -18.7% |
| 2024 | 7.98 units per US$ of GDP | +5.5% |
Bermuda compared with similar countries
- Bermuda's 7.98 units per US$ of GDP is above the median for high income countries, which is 0.0811 units per US$ of GDP, 98.4× the median. (77 countries reporting)
Biggest year-on-year movements
Years where 28_Cross-border dep. with BIS banks, nonbanks, per unit of GDP 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 |
|---|---|---|---|
| 2003 | +104.4% | 6.58 units per US$ of GDP | 13.44 units per US$ of GDP |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 5.23 units per US$ of GDP | 4.47 units per US$ of GDP | 6.42 units per US$ of GDP | 5 |
| 2000s | 10.69 units per US$ of GDP | 4.7 units per US$ of GDP | 14.64 units per US$ of GDP | 10 |
| 2010s | 10.41 units per US$ of GDP | 8.61 units per US$ of GDP | 11.36 units per US$ of GDP | 10 |
| 2020s | 9.39 units per US$ of GDP | 7.56 units per US$ of GDP | 11.87 units per US$ of GDP | 5 |
Countries ranked near Bermuda
- 1 Cayman Islands 121.14 units per US$ of GDP compare
- 2 Marshall Islands 68.14 units per US$ of GDP compare
- 3 Samoa 17.87 units per US$ of GDP compare
- 5 Seychelles 5.01 units per US$ of GDP compare
- 6 Luxembourg 4.32 units per US$ of GDP compare
- 7 Belize 1.68 units per US$ of GDP compare
More reference data data for Bermuda
- Emission Totals - Emissions (N2O) - Agricultural Soils 0 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 0 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 0 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 0 (2050)
- Emission Totals - Emissions (CO2eq) (AR5) - IPCC Agriculture 0.0126 (2050)
- Emission Totals - Emissions (CO2eq) from N2O (AR5) - Agricultural 0.0126 (2050)
- Emission Totals - Emissions (CH4) - IPCC Agriculture 0 (2019)
- Emission Totals - Emissions (CO2eq) from CH4 (AR5) - IPCC Agriculture 0 (2019)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 0 (2050)
Frequently asked questions
- What is 28_cross-border dep. with bis banks, nonbanks, per unit of gdp in Bermuda?
- 28_cross-border dep. with bis banks, nonbanks, per unit of gdp in Bermuda was 7.98 units per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest 28_cross-border dep. with bis banks, nonbanks, per unit of gdp recorded in Bermuda?
- The highest recorded value was 14.64 units per US$ of GDP in 2008.
- What is the lowest 28_cross-border dep. with bis banks, nonbanks, per unit of gdp recorded in Bermuda?
- The lowest recorded value was 4.47 units per US$ of GDP in 1999.
- How does Bermuda rank for 28_cross-border dep. with bis banks, nonbanks, per unit of gdp?
- Bermuda ranks 4th out of 204 countries with data for 2024.
- Is 28_cross-border dep. with bis banks, nonbanks, per unit of gdp rising or falling in Bermuda?
- Over the last ten years it is down 25.9%. The long-run trend across the full record is rising.
- Where does this Bermuda data come from?
- The figures come from Statizoid (derived), published as part of 28_Cross-border dep. with BIS banks, nonbanks, per unit of GDP. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 30 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
28_Cross-border dep. with BIS banks, nonbanks divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
28_Cross-border dep. with BIS banks, nonbanks ÷ GDP (current US$)
Computed from
- 28_Cross-border dep. with BIS banks, nonbanks BIS
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
28_Cross-border dep. with BIS banks, nonbanks divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.