Bermuda vs Latin America & Caribbean: Households and NPISHs Final consumption expenditure per capita, PPP
Households and NPISHs Final consumption expenditure per capita, PPP over time
- Bermuda
- Latin America & Caribbean
How they compare
Bermuda currently reports 36,813 current international $ against 15,062 current international $ in Latin America & Caribbean, a difference of 21,751 current international $.
That makes Bermuda's figure about 2.4 times Latin America & Caribbean's.
Across all 11 years both countries report, Bermuda has been ahead every year.
Bermuda ranks 12th and Latin America & Caribbean ranks 12th of 182 countries.
Bermuda has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Bermuda | Latin America & Caribbean | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 30,921 current international $ | 9,454 current international $ | 21,466 current international $ | Bermuda |
| 2020s | 35,348 current international $ | 10,634 current international $ | 24,713 current 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 Latin America & Caribbean?
- Bermuda, at 36,813 current international $ against 15,062 current international $ in Latin America & Caribbean as of 2021.
- What is the difference in households and npishs final consumption expenditure per capita, ppp between Bermuda and Latin America & Caribbean?
- 21,751 current international $, with Bermuda ahead.
- How many years of comparable data are there for Bermuda and Latin America & Caribbean?
- 11 years are reported by both, from 2011 to 2021.
- How do Bermuda and Latin America & Caribbean rank globally for households and npishs final consumption expenditure per capita, ppp?
- Bermuda ranks 12th and Latin America & Caribbean ranks 12th of 182 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 (current international $). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
This indicator provides values for final consumption expenditure per person expressed in current 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. This series has been linked to produce a consistent time series to counteract breaks in series over time due to changes in base years, source data and methodologies. Thus, it may not be comparable with other national accounts series in the database for historical years. The core indicator has been divided by the general population to achieve a per capita estimate. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. 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.