Bermuda vs Nicaragua: Money sent or brought back by migrants as a share of GDP
Bermuda
23.7%
in 2023
Nicaragua
26.6%
in 2024
Bermuda rank
8th
Nicaragua rank
6th
Money sent or brought back by migrants as a share of GDP over time
- Bermuda
- Nicaragua
How they compare
Nicaragua currently reports 26.6% against 23.7% in Bermuda, a difference of 2.9%.
That makes Nicaragua's figure about 1.1 times Bermuda's.
The two have swapped places 1 time across 18 shared years of data; in 2006 it was Bermuda ahead.
Bermuda ranks 8th and Nicaragua ranks 6th of 194 countries.
Bermuda has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Bermuda | Nicaragua | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 20.2% | 9.8% | 10.4% | Bermuda |
| 2010s | 20.1% | 10.2% | 9.9% | Bermuda |
| 2020s | 23.0% | 19.1% | 3.8% | Bermuda |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher money sent or brought back by migrants as a share of gdp, Bermuda or Nicaragua?
- Nicaragua, at 26.6% against 23.7% in Bermuda as of 2024.
- What is the difference in money sent or brought back by migrants as a share of gdp between Bermuda and Nicaragua?
- 2.9%, with Nicaragua ahead.
- How many years of comparable data are there for Bermuda and Nicaragua?
- 18 years are reported by both, from 2006 to 2023.
- How do Bermuda and Nicaragua rank globally for money sent or brought back by migrants as a share of gdp?
- Bermuda ranks 8th and Nicaragua ranks 6th of 194 countries.
- Where does this data come from?
- World Bank staff estimates based on IMF and OECD data (2026) – processed by Our World in Data, published as Money sent or brought back by migrants as a share of GDP. Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Money sent or brought back by migrants refers to remittances a country has received in this year.