Spending by a countrys residents while travelling abroad in Bermuda

Bermuda: Spending by a countrys residents while travelling abroad was 358.00 million in 2023. ▼ Falling

Latest (2023)
358.00 million
Change on year
up 12.1%
World rank
128th
of 199 countries
All-time high
459.00 million
in 2008
All-time low
212.39 million
in 2020
Years of data
18
2006–2023

Spending by a countrys residents while travelling abroad in Bermuda, 2006–2023

0100.0M200.0M300.0M400.0M500.0M2006201420232006: 394.0M2007: 453.0M2008: 459.0M2009: 407.0M2010: 417.0M2011: 326.0M2012: 327.0M2013: 322.0M2014: 378.0M2015: 363.0M2016: 373.0M2017: 369.0M2018: 334.0M2019: 342.0M2020: 212.4M2021: 233.1M2022: 319.3M2023: 358.0M

Source: Our World in Data.

Analysis

Bermuda recorded 358.00 million for spending by a countrys residents while travelling abroad in 2023.

Compared with earlier readings it is up 12.1% on the previous year and up 11.2% over ten years.

Over the whole period, spending by a countrys residents while travelling abroad in Bermuda peaked at 459.00 million in 2008 and was at its lowest, 212.39 million, in 2020.

Bermuda ranks 128th of 199 countries on this measure, in the middle of the range.

The long-run direction has been consistently falling across the 18 years of available data.

Spending by a countrys residents while travelling abroad in Bermuda, year by year

Annual values for Spending by a countrys residents while travelling abroad in Bermuda, 2006 to 2023.
Year Value Change
2006 394.00 million —
2007 453.00 million +15.0%
2008 459.00 million +1.3%
2009 407.00 million -11.3%
2010 417.00 million +2.5%
2011 326.00 million -21.8%
2012 327.00 million +0.3%
2013 322.00 million -1.5%
2014 378.00 million +17.4%
2015 363.00 million -4.0%
2016 373.00 million +2.8%
2017 369.00 million -1.1%
2018 334.00 million -9.5%
2019 342.00 million +2.4%
2020 212.39 million -37.9%
2021 233.06 million +9.7%
2022 319.29 million +37.0%
2023 358.00 million +12.1%

Bermuda compared with similar countries

  • Bermuda's 358.00 million is below the median for high income countries, which is 4.47 billion, 8% of the median. (71 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
2000s 428.25 million 394.00 million 459.00 million 4
2010s 355.10 million 322.00 million 417.00 million 10
2020s 280.69 million 212.39 million 358.00 million 4

Countries ranked near Bermuda

  1. 125 Cayman Islands 376.07 million compare
  2. 126 Zimbabwe 371.17 million compare
  3. 127 Nicaragua 359.70 million compare
  4. 129 Senegal 353.51 million compare
  5. 130 Gabon 346.00 million compare
  6. 131 Lesotho 309.32 million compare

See the full ranking of 199 places →

More reference data data for Bermuda

All data for Bermuda →

Frequently asked questions

What is spending by a countrys residents while travelling abroad in Bermuda?
Spending by a countrys residents while travelling abroad in Bermuda was 358.00 million in 2023, according to Our World in Data.
What is the highest spending by a countrys residents while travelling abroad recorded in Bermuda?
The highest recorded value was 459.00 million in 2008.
What is the lowest spending by a countrys residents while travelling abroad recorded in Bermuda?
The lowest recorded value was 212.39 million in 2020.
How does Bermuda rank for spending by a countrys residents while travelling abroad?
Bermuda ranks 128th out of 199 countries with data for 2023.
Is spending by a countrys residents while travelling abroad rising or falling in Bermuda?
Over the last ten years it is up 11.2%. The long-run trend across the full record is falling.
Where does this Bermuda data come from?
The figures come from Our World in Data, published as part of Spending by a countrys residents while travelling abroad. Statizoid updates them automatically from the source API.

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Spending by a countrys residents while travelling abroad in Bermuda. Statizoid, drawing on Our World in Data. Retrieved 15 November 2026, from https://reference.statizoid.com/stat/spending-by-a-countrys-residents-while-travelling-abroad/bermuda/

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About this data

Indicator
Spending by a countrys residents while travelling abroad
Source
Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
199 places, 4,611 data points, 1995–2024
Last refreshed