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 https://www.gov.bm/balance-payments.