Bermuda: Secondary income receipts (BoP, current US$)

Key figures

What the numbers say

In 2025, Bermuda's secondary income receipts (BoP, current US$) rose 41.2% on 2024 (from US$308.35 million to US$435.44 million).

Across the 18 yearly changes before that (2007 to 2024), the average change was +6.8% and a typical year strayed about 18.9% from that (the standard deviation). This year's change was 1.8 standard deviations above that average, so it was larger than a typical year, though not out of the range seen before.

On record, the biggest yearly rise was 41.2% in 2025 and the biggest yearly fall was 36.2% in 2008. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.

From 2016 to 2025 the straight-line trend is upward, about US$23.85 million a year. A straight line explains 76% of the movement over 10 observed years.

Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.

How it compares

In 2025, Bermuda had the 114th highest value of the 132 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.

Closest to Bermuda in the 2025 ranking

• Burundi — 111th of 132: US$539.23 million
• Trinidad and Tobago — 112th of 132: US$520.61 million
• Iceland — 113th of 132: US$483.49 million
• Samoa — 115th of 132: US$325.4 million
• Tonga — 116th of 132: US$266.54 million
• Suriname — 117th of 132: US$241.31 million

What this measures

Secondary income refers to transfers recorded in the balance of payments whenever an economy provides or receives goods, services, income, or financial items without a quid pro quo. All transfers not considered to be capital are current. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.

Regional and income-group figures are computed by the World Bank as a sum.

All 20 values

Secondary income receipts (BoP, current US$) in nearby economies

• Canada — US$15.23 billion (2025)
• United States — US$225 billion (2025)

More economic policy & debt data for Bermuda

• GDP (current US$) — US$9.19 billion (2024)
• GDP (current LCU) — 9.19 billion (2024)
• GDP (constant 2015 US$) — US$7.53 billion (2024)
• GDP (constant LCU) — 7.1 billion (2024)
• GDP per capita (current US$) — US$142,250 (2024)
• GDP per capita (current LCU) — 142,250 (2024)
• GDP per capita (constant 2015 US$) — US$116,514 (2024)
• GDP per capita (constant LCU) — 109,864 (2024)
• GDP (annual % growth) — 1.89% (2024)
• GDP per capita (annual % growth) — 1.99% (2024)
• Adjusted savings, education expenditure (% of GNI)

Reading data like this

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Questions people ask

What is Bermuda's secondary income receipts (BoP, current US$)?

US$435.44 million in 2025, according to the World Bank (World Development Indicators).

How has it changed since 2006?

It is up 243.16% from US$126.89 million in 2006 (6.7% a year on average, compounded). The highest value was US$435.44 million in 2025 and the lowest US$68.8 million in 2008.

How does Bermuda rank?

114th highest of 132 economies with data for 2025.

Is the latest change in secondary income receipts (BoP, current US$) unusual for Bermuda?

In 2025, Bermuda's secondary income receipts (BoP, current US$) rose 41.2% on 2024 (from US$308.35 million to US$435.44 million). Across the 18 yearly changes before that (2007 to 2024), the average change was +6.8% and a typical year strayed about 18.9% from that (the standard deviation). This year's change was 1.8 standard deviations above that average, so it was larger than a typical year, though not out of the range seen before.

Source

World Bank, World Development Indicators, indicator BX.TRF.CURR.CD, licensed CC BY 4.0. Original source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF) 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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