Annual growth of general government final consumption expenditure in Bermuda
Bermuda: Annual growth of general government final consumption expenditure was 2.22 in 2023. ◆ Volatile
Latest (2023)
2.22
Change on year
up 208.3%
World rank
75th
of 167 countries
All-time high
7.98
in 2016
All-time low
-5.13
in 2017
Years of data
9
2015–2023
Annual growth of general government final consumption expenditure in Bermuda, 2015–2023
Source: Our World in Data.
Analysis
Bermuda recorded 2.22 for annual growth of general government final consumption expenditure in 2023.
The figure is up 208.3% on the previous year and up 300.0% over ten years.
Over the whole period, annual growth of general government final consumption expenditure in Bermuda peaked at 7.98 in 2016 and was at its lowest, -5.13, in 2017.
Bermuda ranks 75th of 167 countries on this measure, in the middle of the range.
Annual growth of general government final consumption expenditure in Bermuda, year by year
| Year | Value | Change |
|---|---|---|
| 2015 | -1.11 | — |
| 2016 | 7.98 | -818.9% |
| 2017 | -5.13 | -164.3% |
| 2018 | -4.34 | -15.4% |
| 2019 | 3 | -169.1% |
| 2020 | -3.84 | -228.0% |
| 2021 | 0.67 | -117.4% |
| 2022 | 0.72 | +7.5% |
| 2023 | 2.22 | +208.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 0.08 | -5.13 | 7.98 | 5 |
| 2020s | -0.0575 | -3.84 | 2.22 | 4 |
Countries ranked near Bermuda
More economy & growth data for Bermuda
- Gross value added at basic prices (GVA) (constant 2015 US$), per 112,409 constant 2015 US$ per person (2024)
- Gross value added at basic prices (GVA) (current US$), annual growth 6.98 % change on previous year (2024)
- Gross value added at basic prices (GVA) (current US$), per unit of GDP 0.9638 current US$ per US$ of GDP (2024)
- Gross value added at basic prices (GVA) (current US$), per capita 137,106 current US$ per person (2024)
- Gross value added at basic prices (GVA) (current LCU), annual growth 6.98 % change on previous year (2024)
- Gross value added at basic prices (GVA) (current LCU), per unit of GDP 0.9638 current LCU per US$ of GDP (2024)
- Gross value added at basic prices (GVA) (current LCU), per capita 137,106 current LCU per person (2024)
- Gross value added at basic prices (GVA) (constant 2015 US$), annual 1.92 % change on previous year (2024)
- Gross value added at basic prices (GVA) (constant 2015 US$), per unit 0.7902 constant 2015 US$ per US$ of GDP (2024)
- GDP (current LCU), per unit of GDP 1 current LCU per US$ of GDP (2024)
Frequently asked questions
- What is annual growth of general government final consumption expenditure in Bermuda?
- Annual growth of general government final consumption expenditure in Bermuda was 2.22 in 2023, according to Our World in Data.
- What is the highest annual growth of general government final consumption expenditure recorded in Bermuda?
- The highest recorded value was 7.98 in 2016.
- What is the lowest annual growth of general government final consumption expenditure recorded in Bermuda?
- The lowest recorded value was -5.13 in 2017.
- How does Bermuda rank for annual growth of general government final consumption expenditure?
- Bermuda ranks 75th out of 167 countries with data for 2023.
- Is annual growth of general government final consumption expenditure rising or falling in Bermuda?
- Over the last ten years it is up 300.0%. The long-run trend across the full record is volatile.
- Where does this Bermuda data come from?
- The figures come from Our World in Data, published as part of Annual growth of general government final consumption expenditure. Statizoid updates them automatically from the source API.
Download this data
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