Annual growth of the general government final consumption expenditure in Bermuda
Bermuda: Annual growth of the general government final consumption expenditure was 1.1% in 2024. ◆ Volatile
Annual growth of the general government final consumption expenditure in Bermuda, 2015–2024
Source: United Nations Statistics Division, SDG Global Database. Measured in %.
Analysis
In 2024, annual growth of the general government final consumption expenditure in Bermuda stood at 1.1%.
Compared with earlier readings it is up 194.6% on the previous year and up 198.8% over ten years.
Over the whole period, annual growth of the general government final consumption expenditure in Bermuda peaked at 8.0% in 2016 and was at its lowest, -5.1%, in 2017.
Bermuda ranks 114th of 181 countries on this measure, 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 the general government final consumption expenditure in Bermuda, year by year
| Year | % | Change |
|---|---|---|
| 2015 | -1.1% | — |
| 2016 | 8.0% | -817.6% |
| 2017 | -5.1% | -164.3% |
| 2018 | -4.3% | -15.6% |
| 2019 | 3.0% | -169.2% |
| 2020 | -3.8% | -227.9% |
| 2021 | 0.7% | -117.5% |
| 2022 | 0.7% | +6.8% |
| 2023 | -1.2% | -262.0% |
| 2024 | 1.1% | -194.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 0.1% | -5.1% | 8.0% | 5 |
| 2020s | -0.5% | -3.8% | 1.1% | 5 |
Countries ranked near Bermuda
More economy & growth data for Bermuda
- Agriculture, forestry, and fishing, value added (constant LCU), per 0.0016 constant LCU per US$ of GDP (2024)
- Manufacturing, value added (constant LCU), per capita 427.72 constant LCU per person (2024)
- Manufacturing, value added (constant 2015 US$), per capita 454.57 constant 2015 US$ per person (2024)
- Manufacturing, value added (constant 2015 US$), per unit of GDP 0.0032 constant 2015 US$ per US$ of GDP (2024)
- Manufacturing, value added (current LCU), per capita 441.32 current LCU per person (2024)
- Manufacturing, value added (current LCU), per unit of GDP 0.0031 current LCU per US$ of GDP (2024)
- Manufacturing, value added (current US$), per capita 441.32 current US$ per person (2024)
- Manufacturing, value added (current US$), per unit of GDP 0.0031 current US$ per US$ of GDP (2024)
- Agriculture, forestry, and fishing, value added (constant LCU), per 221.39 constant LCU per person (2024)
- Agriculture, forestry, and fishing, value added (current LCU), per 0.0018 current LCU per US$ of GDP (2024)
Frequently asked questions
- What is annual growth of the general government final consumption expenditure in Bermuda?
- Annual growth of the general government final consumption expenditure in Bermuda was 1.1% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest annual growth of the general government final consumption expenditure recorded in Bermuda?
- The highest recorded value was 8.0% in 2016.
- What is the lowest annual growth of the general government final consumption expenditure recorded in Bermuda?
- The lowest recorded value was -5.1% in 2017.
- How does Bermuda rank for annual growth of the general government final consumption expenditure?
- Bermuda ranks 114th out of 181 countries with data for 2024.
- Is annual growth of the general government final consumption expenditure rising or falling in Bermuda?
- Over the last ten years it is up 198.8%. 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 the general government final consumption expenditure (%). Statizoid updates them automatically from the source API.
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