Money sent or brought back by migrants as a share of gdp in Bermuda
Bermuda: Money sent or brought back by migrants as a share of gdp was 23.66 in 2023. ▲ Rising
Money sent or brought back by migrants as a share of gdp in Bermuda, 2006–2023
Source: Our World in Data.
Analysis
Bermuda recorded 23.66 for money sent or brought back by migrants as a share of gdp in 2023. That is the highest value across all 18 years on record.
That represents a change of up 4.8% on the previous year and up 24.9% over ten years.
Over the whole period, money sent or brought back by migrants as a share of gdp in Bermuda peaked at 23.66 in 2023 and was at its lowest, 18.62, in 2011.
Bermuda ranks 8th of 194 countries on this measure, in the top 10%.
The long-run direction has been consistently rising across the 18 years of available data.
Money sent or brought back by migrants as a share of gdp in Bermuda, year by year
| Year | Value | Change |
|---|---|---|
| 2006 | 19.25 | — |
| 2007 | 21.43 | +11.3% |
| 2008 | 19.93 | -7.0% |
| 2009 | 20.22 | +1.5% |
| 2010 | 19.01 | -6.0% |
| 2011 | 18.62 | -2.1% |
| 2012 | 18.67 | +0.3% |
| 2013 | 18.94 | +1.5% |
| 2014 | 20.82 | +9.9% |
| 2015 | 21.72 | +4.3% |
| 2016 | 20.96 | -3.5% |
| 2017 | 21.09 | +0.6% |
| 2018 | 20.02 | -5.0% |
| 2019 | 20.84 | +4.1% |
| 2020 | 22.85 | +9.7% |
| 2021 | 22.71 | -0.6% |
| 2022 | 22.59 | -0.5% |
| 2023 | 23.66 | +4.8% |
Bermuda compared with similar countries
- Bermuda's 23.66 is above the median for high income countries, which is 0.7013, 33.7× the median. (69 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 20.21 | 19.25 | 21.43 | 4 |
| 2010s | 20.07 | 18.62 | 21.72 | 10 |
| 2020s | 22.95 | 22.59 | 23.66 | 4 |
Countries ranked near Bermuda
More population data for Bermuda
- Population regions with projections, annual growth rate -0.8969 % change on previous year (2100)
- Urban and rural population 2050, annual growth rate -100 % change on previous year (2046)
- Population long run with projections, annual growth rate -0.8969 % change on previous year (2100)
- Un population 2024 vs 2022, annual growth rate -0.8149 % change on previous year (2100)
- Projected population under age 5, annual growth rate -0.8032 % change on previous year (2100)
- Population growth rate -0.894 (2100)
- Population density 660.94 (2100)
- Projected population under age 5 1,235 (2100)
- Population growth rate by level of development -0.894 (2100)
- Urbanization vs gdp, annual growth rate 0 % change on previous year (2025)
Frequently asked questions
- What is money sent or brought back by migrants as a share of gdp in Bermuda?
- Money sent or brought back by migrants as a share of gdp in Bermuda was 23.66 in 2023, according to Our World in Data.
- What is the highest money sent or brought back by migrants as a share of gdp recorded in Bermuda?
- The highest recorded value was 23.66 in 2023.
- What is the lowest money sent or brought back by migrants as a share of gdp recorded in Bermuda?
- The lowest recorded value was 18.62 in 2011.
- How does Bermuda rank for money sent or brought back by migrants as a share of gdp?
- Bermuda ranks 8th out of 194 countries with data for 2023.
- Is money sent or brought back by migrants as a share of gdp rising or falling in Bermuda?
- Over the last ten years it is up 24.9%. The long-run trend across the full record is rising.
- Where does this Bermuda data come from?
- The figures come from Our World in Data, published as part of Money sent or brought back by migrants as a share of gdp. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 18 observations, free to reuse under CC BY 4.0 (Our World in Data).