Annual growth of households and NPISHs final consumption expenditure in Bermuda
Bermuda: Annual growth of households and NPISHs final consumption expenditure was 1.5% in 2024. ◆ Volatile
Annual growth of households and NPISHs final consumption expenditure in Bermuda, 2015–2024
Source: United Nations Statistics Division, SDG Global Database. Measured in %.
Analysis
In 2024, annual growth of households and npishs final consumption expenditure in Bermuda stood at 1.5%.
That represents a change of down 68.6% on the previous year and up 82.2% over ten years.
Over the whole period, annual growth of households and npishs final consumption expenditure in Bermuda peaked at 6.9% in 2016 and was at its lowest, -9.5%, in 2020.
That places Bermuda 130th out of 186 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Annual growth of households and NPISHs final consumption expenditure in Bermuda, year by year
| Year | % | Change |
|---|---|---|
| 2015 | 0.8% | — |
| 2016 | 6.9% | +711.2% |
| 2017 | -5.7% | -182.4% |
| 2018 | -3.8% | -32.3% |
| 2019 | -1.6% | -56.9% |
| 2020 | -9.5% | +476.2% |
| 2021 | 3.5% | -136.5% |
| 2022 | 3.7% | +7.7% |
| 2023 | 4.9% | +31.4% |
| 2024 | 1.5% | -68.6% |
Bermuda compared with similar countries
- Bermuda's 1.5% is below the median for high income countries, which is 1.7%, 93% of the median. (59 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | -0.7% | -5.7% | 6.9% | 5 |
| 2020s | 0.8% | -9.5% | 4.9% | 5 |
Countries ranked near Bermuda
More economy & growth data for Bermuda
- Foreign direct investment, net inflows (BoP, current US$), annual -21.86 % change on previous year (2024)
- Foreign direct investment, net outflows (BoP, current US$), gaps 33.80 million BoP, current US$ (2024)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0037 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net outflows (BoP, current US$), per capita 522.99 BoP, current US$ per person (2024)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 117.84 million BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 1,823 BoP, current US$ per person (2024)
- General government final consumption expenditure (current US$), per 0.1072 current US$ per US$ of GDP (2024)
- General government final consumption expenditure (current US$) 4.44 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0128 BoP, current US$ per US$ of GDP (2024)
- Imports of goods and services (current US$), annual growth rate 7.63 % change on previous year (2024)
Frequently asked questions
- What is annual growth of households and npishs final consumption expenditure in Bermuda?
- Annual growth of households and npishs final consumption expenditure in Bermuda was 1.5% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest annual growth of households and npishs final consumption expenditure recorded in Bermuda?
- The highest recorded value was 6.9% in 2016.
- What is the lowest annual growth of households and npishs final consumption expenditure recorded in Bermuda?
- The lowest recorded value was -9.5% in 2020.
- How does Bermuda rank for annual growth of households and npishs final consumption expenditure?
- Bermuda ranks 130th out of 186 countries with data for 2024.
- Is annual growth of households and npishs final consumption expenditure rising or falling in Bermuda?
- Over the last ten years it is up 82.2%. The long-run trend across the full record is volatile.
- Where does this Bermuda data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Annual growth of households and NPISHs final consumption expenditure (%). Statizoid updates them automatically from the source API.
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