Services, Credit/Revenue in Bermuda
Bermuda: Services, Credit/Revenue was 1.59 billion in 2023. ▼ Falling
Services, Credit/Revenue in Bermuda, 2006–2023
Source: International Monetary Fund.
Analysis
Bermuda recorded 1.59 billion for services, credit/revenue in 2023.
The figure is up 12.8% on the previous year and up 15.1% over ten years.
Over the whole period, services, credit/revenue in Bermuda peaked at 1.61 billion in 2007 and was at its lowest, 1.02 billion, in 2020.
That places Bermuda 119th out of 198 countries with data for 2023, putting it in the middle of the range.
The long-run direction has been consistently falling across the 18 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1.50 billion | 1.33 billion | 1.61 billion | 4 |
| 2010s | 1.40 billion | 1.24 billion | 1.59 billion | 10 |
| 2020s | 1.28 billion | 1.02 billion | 1.59 billion | 4 |
Countries ranked near Bermuda
- 116 Lao People's Democratic Republic 1.73 billion compare
- 117 Seychelles 1.71 billion compare
- 118 Mongolia 1.60 billion compare
- 120 Sudan 1.55 billion compare
- 121 Curaçao, Kingdom of the Netherlands 1.55 billion compare
- 122 Barbados 1.52 billion compare
More financial sector data for Bermuda
- Official exchange rate 1 LCU per US$, period average (2025)
- Net migration -2 (2025)
- Net migration, annual growth rate 60 % change on previous year (2025)
- GDP deflator: linked series 129.48 base year varies by country (2024)
- Inflation, GDP deflator: linked series 4.9% (2024)
- Banking crisis dummy 0 1=banking crisis, 0=none (2017)
- Remittance inflows to GDP 22.9% (2020)
- Listed domestic companies, total 9 (2025)
- Stocks traded, total value 9.76 million current US$ (2025)
- Stocks traded, total value 0.1% (2024)
Frequently asked questions
- What is services, credit/revenue in Bermuda?
- Services, credit/revenue in Bermuda was 1.59 billion in 2023, according to International Monetary Fund.
- What is the highest services, credit/revenue recorded in Bermuda?
- The highest recorded value was 1.61 billion in 2007.
- What is the lowest services, credit/revenue recorded in Bermuda?
- The lowest recorded value was 1.02 billion in 2020.
- How does Bermuda rank for services, credit/revenue?
- Bermuda ranks 119th out of 198 countries with data for 2023.
- Is services, credit/revenue rising or falling in Bermuda?
- Over the last ten years it is up 15.1%. The long-run trend across the full record is falling.
- Where does this Bermuda data come from?
- The figures come from International Monetary Fund, published as part of Services, Credit/Revenue (US dollar). Statizoid updates them automatically from the source API.
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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.