Economy of Bermuda

Imports
Imports commoditiesclothing, fuels, machinery and transport equipment, construction materials, chemicals, food and live animals
Import partnersSouth Korea 46.2%, US 21%, Singapore 9.9%, China 7%, Turkmenistan 4.8% (2012)
Exports
Exports commoditiesreexports of pharmaceuticals
Export partnersAustralia 17%, US 14.8%, Indonesia 12.6% (2012)
Economy sectors
Agriculture productsbananas, vegetables, citrus, flowers; dairy products, honey
Industrial productsinternational business, tourism, light manufacturing
Economy
GDP - Official Exchange Rate5.47 Billion $ (2012)5.60 Billion $ (2011)5.74 Billion $ (2010)
GDP - Official Exchange Rate of Bermuda
GDP growth rate-4.87 % (2012)-3.50 % (2011)-2.09 % (2010)
GDP growth rate of Bermuda
GDP per Capita (PPP)53,030 $ (2012)86,000 $ (2011)55,309 $ (2010)
GDP per Capita (PPP) of Bermuda
GDP - Purchasing Power Parity3.44 Billion $ (2012)5.60 Billion $ (2011)3.60 Billion $ (2010)
GDP - Purchasing Power Parity of Bermuda
GDP PPP per land area63.6 Million $ per square kilometer (2012)104 Million $ per square kilometer (2011)66.7 Million $ per square kilometer (2010)
GDP PPP per land area of Bermuda
ElectricityGDP decomposition by sector
Agriculture % of GDP0.70 % (2013)0.70 % (2012)
Industry % of GDP5.70 % (2013)5.60 % (2012)
Services % of GDP93.5 % (2013)93.7 % (2012)
Tourism
International tourism, number of arrivals232 Thousand (2012)236 Thousand (2011)232 Thousand (2010)
International tourism, number of arrivals of Bermuda
International tourism, number of departures192 Thousand (2008)181 Thousand (2007)170 Thousand (2006)
International tourism, number of departures of Bermuda
Yearly Tourist arrivals to residents ratio336 % (2012)344 % (2011)356 % (2010)
Yearly Tourist arrivals to residents ratio of Bermuda
Debt, Current Account Balance and Budget Deficit
Current Account Balance (Percentage of GDP)14.1 % of GDP (2012)12.3 % of GDP (2011)12.1 % of GDP (2010)
Current Account Balance (Percentage of GDP) of Bermuda
Current Account Balance (Total)771 Million $ (2012)681 Million $ (2011)660 Million $ (2010)
Current Account Balance (Total) of Bermuda
External Debt (Total)1.40 Billion $ (2012)160 Million $ (1970)
External Debt (Percentage of GDP)25.6 % of GDP (2012)85.9 % of GDP (1970)
External Debt per Capita20,266 $ (2012)2,909 $ (1970)