2019 Q4 Balance of Payments & International Investment Position publication

Today the Minister for the Cabinet Office the Hon. Wayne Furbert, JP, MP, released the 2019 Q4 Balance of Payments & International Investment Position publication from the Department of Statistics. 

Bermuda’s trade with non-residents resulted in a $184 million surplus for the fourth quarter of 2019. Bermuda’s stock of foreign assets at the end of the fourth quarter exceeded the stock of foreign liabilities by $3,327 million.

Other performance indicators include:

·         The deficit on the goods account decreased by $14 million to $263 million.

·         Services transactions realised a surplus of $103 million in the fourth quarter of 2019.

·         The surplus on Bermuda’s primary income account fell to $386 million in the fourth quarter of 2019.

·         The net international investment position increased by $903 million over the third quarter of 2019.

The 2019 Q4 Balance of Payments & International Investment Position publication is available online at /balance-payments.