Personal remittances and foreign aid received in Bermuda

Bermuda: Personal remittances and foreign aid received was 1.66 billion current US$ in 2021. ▲ Rising

Latest (2021)
1.66 billion current US$
Change on year
up 5.2%
World rank
69th
of 193 countries
All-time high
1.66 billion current US$
in 2021
All-time low
1.18 billion current US$
in 2011
Years of data
16
2006–2021

Personal remittances and foreign aid received in Bermuda, 2006–2021

0500.0M1.0B1.5B2006201320212006: 1.2B current US$2007: 1.5B current US$2008: 1.4B current US$2009: 1.3B current US$2010: 1.3B current US$2011: 1.2B current US$2012: 1.2B current US$2013: 1.2B current US$2014: 1.3B current US$2015: 1.4B current US$2016: 1.4B current US$2017: 1.5B current US$2018: 1.4B current US$2019: 1.5B current US$2020: 1.6B current US$2021: 1.7B current US$

Source: World Bank based on International Monetary Fund balance of payments data (2026) – processed by Our World in Data. Measured in current US$.

Analysis

Bermuda recorded 1.66 billion current US$ for personal remittances and foreign aid received in 2021. That is the highest value across all 16 years on record.

The figure is up 5.2% on the previous year and up 40.9% over ten years.

Over the whole period, personal remittances and foreign aid received in Bermuda peaked at 1.66 billion current US$ in 2021 and was at its lowest, 1.18 billion current US$, in 2011.

Bermuda ranks 69th of 193 countries on this measure, in the middle of the range.

The long-run direction has been consistently rising across the 16 years of available data.

Personal remittances and foreign aid received in Bermuda, year by year

Annual values for Personal remittances and foreign aid received in Bermuda, 2006 to 2021.
Year current US$ Change
2006 1.18 billion current US$
2007 1.45 billion current US$ +22.6%
2008 1.39 billion current US$ -4.1%
2009 1.35 billion current US$ -3.2%
2010 1.26 billion current US$ -6.3%
2011 1.18 billion current US$ -6.8%
2012 1.19 billion current US$ +1.3%
2013 1.22 billion current US$ +2.9%
2014 1.34 billion current US$ +9.0%
2015 1.45 billion current US$ +8.2%
2016 1.45 billion current US$ +0.0%
2017 1.51 billion current US$ +4.2%
2018 1.45 billion current US$ -3.9%
2019 1.55 billion current US$ +6.9%
2020 1.57 billion current US$ +1.7%
2021 1.66 billion current US$ +5.2%

Bermuda compared with similar countries

  • Bermuda's 1.66 billion current US$ is above the median for high income countries, which is 688.87 million current US$, 2.4× the median. (67 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
2000s 1.34 billion current US$ 1.18 billion current US$ 1.45 billion current US$ 4
2010s 1.36 billion current US$ 1.18 billion current US$ 1.55 billion current US$ 10
2020s 1.61 billion current US$ 1.57 billion current US$ 1.66 billion current US$ 2

Countries ranked near Bermuda

  1. 66 Ghana 1.96 billion current US$ compare
  2. 67 Algeria 1.79 billion current US$ compare
  3. 68 Albania 1.72 billion current US$ compare
  4. 70 Syria 1.62 billion current US$ compare
  5. 71 Armenia 1.56 billion current US$ compare
  6. 72 Malaysia 1.55 billion current US$ compare

See the full ranking of 193 places →

More reference data data for Bermuda

All data for Bermuda →

Frequently asked questions

What is personal remittances and foreign aid received in Bermuda?
Personal remittances and foreign aid received in Bermuda was 1.66 billion current US$ in 2021, according to World Bank based on International Monetary Fund balance of payments data (2026) – processed by Our World in Data.
What is the highest personal remittances and foreign aid received recorded in Bermuda?
The highest recorded value was 1.66 billion current US$ in 2021.
What is the lowest personal remittances and foreign aid received recorded in Bermuda?
The lowest recorded value was 1.18 billion current US$ in 2011.
How does Bermuda rank for personal remittances and foreign aid received?
Bermuda ranks 69th out of 193 countries with data for 2021.
Is personal remittances and foreign aid received rising or falling in Bermuda?
Over the last ten years it is up 40.9%. The long-run trend across the full record is rising.
Where does this Bermuda data come from?
The figures come from World Bank based on International Monetary Fund balance of payments data (2026) – processed by Our World in Data, published as part of Personal remittances and foreign aid received. Statizoid updates them automatically from the source API.

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Personal remittances and foreign aid received in Bermuda. Statizoid, drawing on World Bank based on International Monetary Fund balance of payments data (2026) – processed by Our World in Data. Retrieved 23 September 2026, from https://reference.statizoid.com/stat/personal-remittances-oda/bermuda/

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About this data

Indicator
Personal remittances and foreign aid received
Unit
current US$
Source
World Bank based on International Monetary Fund balance of payments data (2026) – processed by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
193 places, 6,518 data points, 1970–2021
Last refreshed

Remittances are financial transfers from non-residents to residents of a country, such as a worker abroad sending money to family and friends. Foreign aid is measured as official development assistance. Both are measured in current US$.