Bermuda's ICT goods exports (% of total goods exports) was 0.73% in 2024, the latest year in the World Bank's World Development Indicators. That is down 11.86 percentage points from 12.59% in 2014.
Key figures
| Value | Year | |
|---|---|---|
| Latest | 0.73% | 2024 |
| Five years earlier | 3.86% | 2019 |
| Ten years earlier | 12.59% | 2014 |
| Highest | 12.59% | 2014 |
| Lowest | 0.73% | 2024 |
| Average since 2015 | 3.32% | 2015–2024 |
| First recorded | 6.63% | 2012 |
What the numbers say
In 2024, Bermuda's ICT goods exports (% of total goods exports) fell 2.56 percentage points on 2023 (from 3.29% to 0.73%).
Across the 11 yearly changes before that (2013 to 2023), the average change was −0.3 percentage points and a typical year strayed about 3.26 percentage points from that (the standard deviation). This year's change was 0.7 standard deviations below that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
On record, the biggest yearly rise was 2.99 percentage points in 2014 and the biggest yearly fall was 7.39 percentage points in 2015. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
From 2015 to 2024 there is no clear straight-line trend: a straight line explains 26% of the movement over 10 observed years, so the value is moving around more than it is heading anywhere.
Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.
How it compares
In 2024, Bermuda had the 66th highest value of the 117 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.
| Value | Year | |
|---|---|---|
| Bermuda | 0.73% | 2024 |
| World | 12.59% | 2024 |
| North America | 7.4% | 2024 |
| High income | 11.51% | 2024 |
Closest to Bermuda in the 2024 ranking
- Kazakhstan — 63rd of 117: 0.87%
- Switzerland — 64th of 117: 0.82%
- Fiji — 65th of 117: 0.81%
- Montenegro — 67th of 117: 0.71%
- Ukraine — 68th of 117: 0.7%
- Panama — 69th of 117: 0.69%
What this measures
Information and communication technology goods exports include computers and peripheral equipment, communication equipment, consumer electronic equipment, electronic components, and other information and technology goods (miscellaneous).
Limitations: Detailed trade data are widely available from country trade statistics. These are collected by the UNSD and published in their UN COMTRADE database. The ICT goods trade indicators are usually compiled by interested international and national agencies using COMTRADE data. Concepts are therefore consistent with those applying to the COMTRADE database. The main statistical issue associated with this indicator appears to be the different treatment of re-exports and re-imports by countries, depending on whether the Special or General Trade System is used.2 Re-imports are separately reported for some countries and the value of ICT re-imports (which is included in the value of ICT imports for those…
Regional and income-group figures are computed by the World Bank as a weighted average.
All 13 values
| Year | ICT goods exports (% of total goods exports) |
|---|---|
| 2024 | 0.73 |
| 2023 | 3.29 |
| 2022 | 2.5 |
| 2021 | 4.53 |
| 2020 | 1.86 |
| 2019 | 3.86 |
| 2018 | 5.36 |
| 2017 | 3.95 |
| 2016 | 1.95 |
| 2015 | 5.2 |
| 2014 |
ICT goods exports (% of total goods exports) in nearby economies
- Canada — 1.37% (2024)
- United States — 9.05% (2024)
More infrastructure data for Bermuda
- Fixed telephone subscriptions — 28,177 (2024)
- Fixed telephone subscriptions (per 100 people) — 43.59 (2024)
- Mobile cellular subscriptions — 62,488 (2024)
- Mobile cellular subscriptions (per 100 people) — 96.68 (2024)
- Medium and high-tech exports (% manufactured exports) — 91.16% (2024)
- Individuals using the Internet (% of population) — 98.37% (2017)
- ICT service exports (BoP, current US$) — US$33.59 million (2025)
- ICT service exports (% of service exports, BoP) — 1.71% (2025)
- Liner shipping connectivity index (maximum value in 2004 = 100) — 1.79 (2021)
Reading data like this
Questions people ask
- What is Bermuda's ICT goods exports (% of total goods exports)?
- 0.73% in 2024, according to the World Bank (World Development Indicators).
- How has it changed since 2012?
- It is down 5.9 percentage points from 6.63% in 2012. The highest value was 12.59% in 2014 and the lowest 0.73% in 2024.
- How does Bermuda rank?
- 66th highest of 117 economies with data for 2024.
- Is the latest change in ICT goods exports (% of total goods exports) unusual for Bermuda?
- In 2024, Bermuda's ICT goods exports (% of total goods exports) fell 2.56 percentage points on 2023 (from 3.29% to 0.73%). Across the 11 yearly changes before that (2013 to 2023), the average change was −0.3 percentage points and a typical year strayed about 3.26 percentage points from that (the standard deviation). This year's change was 0.7 standard deviations below that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
Source
World Bank, World Development Indicators, indicator TX.VAL.ICTG.ZS.UN, licensed CC BY 4.0. Original source: UNCTADstat database, UN Conference on Trade and Development (UNCTAD), uri: http://unctadstat.unctad.org/ReportFolders/reportFolders.aspx Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.
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