Primary income balance (credit less debit), Net (credits less debits) in Bermuda
Bermuda: Primary income balance (credit less debit), Net (credits less debits) was 2.21 billion in 2023. ▲ Rising
Primary income balance (credit less debit), Net (credits less debits) in Bermuda, 2006–2023
Source: International Monetary Fund.
Analysis
The most recent figure for primary income balance (credit less debit), net (credits less debits) in Bermuda is 2.21 billion, measured in 2023. That is the highest value across all 18 years on record.
That represents a change of up 2.1% on the previous year and up 46.2% over ten years.
Over the whole period, primary income balance (credit less debit), net (credits less debits) in Bermuda peaked at 2.21 billion in 2023 and was at its lowest, 1.33 billion, in 2011.
That places Bermuda 14th out of 197 countries with data for 2023, putting it in the top 10%.
The long-run direction has been consistently rising across the 18 years of available data.
Primary income balance (credit less debit), Net (credits less debits) in Bermuda, year by year
| Year | Value | Change |
|---|---|---|
| 2006 | 1.60 billion | — |
| 2007 | 1.92 billion | +20.2% |
| 2008 | 1.74 billion | -9.6% |
| 2009 | 1.40 billion | -19.2% |
| 2010 | 1.42 billion | +1.2% |
| 2011 | 1.33 billion | -6.6% |
| 2012 | 1.46 billion | +10.5% |
| 2013 | 1.51 billion | +3.3% |
| 2014 | 1.57 billion | +3.9% |
| 2015 | 1.68 billion | +6.6% |
| 2016 | 1.63 billion | -2.6% |
| 2017 | 1.79 billion | +9.6% |
| 2018 | 1.67 billion | -6.5% |
| 2019 | 1.64 billion | -1.9% |
| 2020 | 1.77 billion | +7.8% |
| 2021 | 1.96 billion | +10.6% |
| 2022 | 2.17 billion | +10.7% |
| 2023 | 2.21 billion | +2.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1.66 billion | 1.40 billion | 1.92 billion | 4 |
| 2010s | 1.57 billion | 1.33 billion | 1.79 billion | 10 |
| 2020s | 2.03 billion | 1.77 billion | 2.21 billion | 4 |
Countries ranked near Bermuda
- 11 Saudi Arabia 8.71 billion compare
- 12 Philippines 4.95 billion compare
- 13 Tajikistan 4.46 billion compare
- 15 Libya 2.19 billion compare
- 16 Mauritius 1.83 billion compare
- 17 Iraq 1.33 billion compare
More financial sector data for Bermuda
- Net migration, annual growth rate 60 % change on previous year (2025)
- Net migration -2 (2025)
- Official exchange rate 1 LCU per US$, period average (2025)
- GDP deflator: linked series 129.48 base year varies by country (2024)
- Inflation, GDP deflator: linked series 4.9% (2024)
- GDP deflator: linked series (base year varies by country), annual 4.9 % change on previous year (2024)
- Reserve assets 211.49 million US dollar (2023)
- Banking crisis dummy 0 1=banking crisis, 0=none (2017)
- Total assets, Adjusted using IMF accounting records 15.85 billion US dollar (2023)
- Reserve assets, Adjusted using IMF accounting records 211.49 million US dollar (2023)
Frequently asked questions
- What is primary income balance (credit less debit), net (credits less debits) in Bermuda?
- Primary income balance (credit less debit), net (credits less debits) in Bermuda was 2.21 billion in 2023, according to International Monetary Fund.
- What is the highest primary income balance (credit less debit), net (credits less debits) recorded in Bermuda?
- The highest recorded value was 2.21 billion in 2023.
- What is the lowest primary income balance (credit less debit), net (credits less debits) recorded in Bermuda?
- The lowest recorded value was 1.33 billion in 2011.
- How does Bermuda rank for primary income balance (credit less debit), net (credits less debits)?
- Bermuda ranks 14th out of 197 countries with data for 2023.
- Is primary income balance (credit less debit), net (credits less debits) rising or falling in Bermuda?
- Over the last ten years it is up 46.2%. The long-run trend across the full record is rising.
- Where does this Bermuda data come from?
- The figures come from International Monetary Fund, published as part of Primary income balance (credit less debit), Net (credits less debits) (US dollar). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 18 observations, free to reuse under IMF Terms and Conditions (attribution required).
About this data
The World and Country Group Aggregates (historically called BOPSY) is an annual publication, released each November, of major balance of payments and international investment position components for countries, country groups, and the world.