Bermuda vs OECD members: Households and NPISHs Final consumption expenditure per capita, PPP
Households and NPISHs Final consumption expenditure per capita, PPP over time
- Bermuda
- OECD members
How they compare
Bermuda currently reports 40,684 constant 2021 international $ against 30,042 constant 2021 international $ in OECD members, a difference of 10,642 constant 2021 international $.
That makes Bermuda's figure about 1.4 times OECD members's.
Across all 11 years both countries report, Bermuda has been ahead every year.
Bermuda ranks 3rd and OECD members ranks 4th of 170 countries.
Bermuda has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Bermuda | OECD members | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 41,813 constant 2021 international $ | 26,846 constant 2021 international $ | 14,966 constant 2021 international $ | Bermuda |
| 2020s | 38,276 constant 2021 international $ | 28,683 constant 2021 international $ | 9,593 constant 2021 international $ | Bermuda |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher households and npishs final consumption expenditure per capita, ppp, Bermuda or OECD members?
- Bermuda, at 40,684 constant 2021 international $ against 30,042 constant 2021 international $ in OECD members as of 2024.
- What is the difference in households and npishs final consumption expenditure per capita, ppp between Bermuda and OECD members?
- 10,642 constant 2021 international $, with Bermuda ahead.
- How many years of comparable data are there for Bermuda and OECD members?
- 11 years are reported by both, from 2014 to 2024.
- How do Bermuda and OECD members rank globally for households and npishs final consumption expenditure per capita, ppp?
- Bermuda ranks 3rd and OECD members ranks 4th of 170 countries.
- Where does this data come from?
- International Comparison Program (ICP), World Bank (WB), note: This information is for PPP conversion factors., publisher: International Comparison Program (ICP), date published: May 30, 2024, published as Households and NPISHs Final consumption expenditure per capita, PPP (constant 2021 international $). Statizoid refreshes it automatically from the source and publishes the full history for both places.
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About this data
This indicator provides values for final consumption expenditure per person expressed in constant international dollars, converted by purchasing power parities (PPPs). PPPs account for the different price levels across countries and thus PPP-based comparisons of economic output are more appropriate for comparing the output of economies and the average material well-being of their inhabitants than exchange-rate based comparisons. Households and NPISHs final consumption expenditure includes expenditure on goods and services by the Household and NPISH sector for the direct satisfaction of human needs or wants, whether individual or collective. The core indicator has been divided by the general population to achieve a per capita estimate. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2021. The PPP conversion factor is a currency conversion factor and a spatial price deflator. PPPs convert different currencies to a common currency and, in the process of conversion, equalize their purchasing power by eliminating the differences in price levels between countries, thereby allowing volume or output comparisons of GDP and its expenditure components.