On May 11, 2017 it was reported that due to a declining population the town's mayor Daniele Galliano recommended a proposal to the Ligurian regional government, and not a confirmed measure, but that it hopes to enact the bonus in 2018 of offering €2,000 ($2,175) and very low rents starting at $50 per month for anyone willing to move there.

Bormida borders the villages of Calice Ligure, Calizzano, Mallare, Osiglia, Pallare, and Rialto.

However it does not appear in the documentary record until 1549 when Alfonso Del Carretto, lord of Finale Ligure, conceded certain privileges to the local population in a notarized deed.

The parish church of San Giorgio, dating back to the year 1200, contains praiseworthy frescos and a wooden Madonna attributed to the sculptor Anton Maria Maragliano.

The feast of the Madonna del Carmine is celebrated on 16 July in the locality Piano Sottano, where a small church is dedicated to her.