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 129th out of 185 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% |
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
- Imports of goods and services (constant 2015 US$), annual growth rate 4.57 % change on previous year (2024)
- Imports of goods and services (current US$), per unit of GDP 0.2506 current US$ per US$ of GDP (2024)
- Imports of goods and services (current US$), per capita 35,647 current US$ per person (2024)
- Imports of goods and services (current LCU), annual growth rate 7.63 % change on previous year (2024)
- Imports of goods and services (current LCU), per unit of GDP 0.2506 current LCU per US$ of GDP (2024)
- Imports of goods and services (current LCU), per capita 35,647 current LCU per person (2024)
- Imports of goods and services (constant 2015 US$), per capita 26,786 constant 2015 US$ per person (2024)
- External balance on goods and services (current LCU), annual growth 15.37 % change on previous year (2024)
- External balance on goods and services (current US$), annual growth 15.37 % change on previous year (2024)
- Imports of goods and services (current US$), 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 129th out of 185 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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