Remittances, annual growth rate in Bermuda
Bermuda: Remittances, annual growth rate was 4.75 % change on previous year in 2023. ◆ Volatile
Remittances, annual growth rate in Bermuda, 2007–2023
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Bermuda recorded 4.75 % change on previous year for remittances, annual growth rate in 2023.
That represents a change of up 971.6% on the previous year and up 222.9% over ten years.
Over the whole period, remittances, annual growth rate in Bermuda peaked at 11.34 % change on previous year in 2007 and was at its lowest, -7.02 % change on previous year, in 2008.
That places Bermuda 54th out of 189 countries with data for 2023, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Remittances, annual growth rate in Bermuda, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 2007 | 11.34 % change on previous year | — |
| 2008 | -7.02 % change on previous year | -161.9% |
| 2009 | 1.5 % change on previous year | -121.3% |
| 2010 | -5.99 % change on previous year | -499.9% |
| 2011 | -2.08 % change on previous year | -65.3% |
| 2012 | 0.2772 % change on previous year | -113.3% |
| 2013 | 1.47 % change on previous year | +430.9% |
| 2014 | 9.93 % change on previous year | +574.6% |
| 2015 | 4.3 % change on previous year | -56.7% |
| 2016 | -3.52 % change on previous year | -181.8% |
| 2017 | 0.6156 % change on previous year | -117.5% |
| 2018 | -5.04 % change on previous year | -919.3% |
| 2019 | 4.1 % change on previous year | -181.3% |
| 2020 | 9.66 % change on previous year | +135.5% |
| 2021 | -0.6314 % change on previous year | -106.5% |
| 2022 | -0.5451 % change on previous year | -13.7% |
| 2023 | 4.75 % change on previous year | -971.6% |
Bermuda compared with similar countries
- Bermuda's 4.75 % change on previous year is above the median for high income countries, which is -0.999 % change on previous year. (67 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1.94 % change on previous year | -7.02 % change on previous year | 11.34 % change on previous year | 3 |
| 2010s | 0.4065 % change on previous year | -5.99 % change on previous year | 9.93 % change on previous year | 10 |
| 2020s | 3.31 % change on previous year | -0.6314 % change on previous year | 9.66 % change on previous year | 4 |
Countries ranked near Bermuda
- 51 Belarus 5.42 % change on previous year compare
- 52 Marshall Islands 5.26 % change on previous year compare
- 53 Micronesia (country) 5.19 % change on previous year compare
- 55 Uzbekistan 4.56 % change on previous year compare
- 56 Curacao 4.38 % change on previous year compare
- 57 Lesotho 4.11 % change on previous year compare
More reference data data for Bermuda
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 0 (2050)
- Emission Totals - Emissions (CH4) - IPCC Agriculture 0 (2019)
- Emission Totals - Emissions (N2O) - Crop Residues 0 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 0 (2050)
- Emission Totals - Direct emissions (N2O) - IPCC Agriculture 0 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 0 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0 (2050)
- Emission Totals - Emissions (CO2eq) from CH4 (AR5) - IPCC Agriculture 0 (2019)
- Emission Totals - Emissions (CO2eq) (AR5) - Agricultural Soils 0.0126 (2050)
- Emission Totals - Direct emissions (N2O) - Crop Residues 0 (2050)
Frequently asked questions
- What is remittances, annual growth rate in Bermuda?
- Remittances, annual growth rate in Bermuda was 4.75 % change on previous year in 2023, according to Statizoid (derived).
- What is the highest remittances, annual growth rate recorded in Bermuda?
- The highest recorded value was 11.34 % change on previous year in 2007.
- What is the lowest remittances, annual growth rate recorded in Bermuda?
- The lowest recorded value was -7.02 % change on previous year in 2008.
- How does Bermuda rank for remittances, annual growth rate?
- Bermuda ranks 54th out of 189 countries with data for 2023.
- Is remittances, annual growth rate rising or falling in Bermuda?
- Over the last ten years it is up 222.9%. The long-run trend across the full record is volatile.
- Where does this Bermuda data come from?
- The figures come from Statizoid (derived), published as part of Remittances, annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 17 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Remittances. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Remittances Our World in Data
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
The year-on-year percentage change in Remittances. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.