2021 Information & Communication Tech Report

Today, the Ministry of Economy and Labour Jason Hayward released the 2021 Information and Communication Technology [ICT] Profile from the Department of Statistics.

The Minister explained, “The profile shows the core indicators on the use of ICT by businesses with comparisons between 2020 and 2021.”

A Government spokesperson said, “Highlighted below are some of the 2021 year-over-year changes:

• “In 2021, the ICT sector accounted for 2.6 per cent of the Gross Domestic Product at current prices, up from 2.5 per cent in 2020.

• “Capital investment in ICT increased 32.3 per cent from $47 million to $63 million.

• “Bermuda’s ICT trade deficit expanded by 21.0 per cent and stood at $88 million.

• “Businesses leading use of the internet was sending or receiving emails [93.4 per cent].

• “In 2021, Wi-Fi-enabled devices were used by 83.1 per cent of businesses in their daily operations, up 2.0 percentage points from 2020.

• “Among ICT-related jobs, software and application developers and analysts earned the highest median income of $130,667 in 2021.

“The 2021 Information and Communication Technology Profile is available online at www.gov.bm/information-and-communications-technology-statistics.”

The full Bermuda ICT Profile 2021 follows below [PDF here]:

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Category: All, technology