Final consumption expenditure in Bermuda
Bermuda: Final consumption expenditure was 1.5% in 2024. ◆ Volatile
Final consumption expenditure in Bermuda, 2015–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in annual % growth.
Analysis
Bermuda recorded 1.5% for final consumption expenditure in 2024.
The figure is down 59.8% on the previous year and up 276.0% over ten years.
Over the whole period, final consumption expenditure in Bermuda peaked at 7.1% in 2016 and was at its lowest, -8.3%, in 2020.
Bermuda ranks 140th of 175 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Final consumption expenditure in Bermuda, year by year
| Year | annual % growth | Change |
|---|---|---|
| 2015 | 0.4% | — |
| 2016 | 7.1% | +1723.8% |
| 2017 | -5.5% | -177.8% |
| 2018 | -3.9% | -28.7% |
| 2019 | -0.8% | -79.8% |
| 2020 | -8.3% | +947.6% |
| 2021 | 2.9% | -134.4% |
| 2022 | 3.1% | +8.3% |
| 2023 | 3.7% | +17.7% |
| 2024 | 1.5% | -59.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | -0.6% | -5.5% | 7.1% | 5 |
| 2020s | 0.6% | -8.3% | 3.7% | 5 |
Countries ranked near Bermuda
More economy & growth data for Bermuda
- US dollar per domestic currency (End-of-period (EoP)) 1 (2025)
- Taxes less subsidies on products (current LCU), per unit of GDP 0.0362 current LCU per US$ of GDP (2024)
- Taxes less subsidies on products (current LCU), per capita 5,144 current LCU per person (2024)
- Special drawing rights per domestic currency (End-of-period (EoP)) 0.7302 (2025)
- Domestic currency per Special drawing rights (End-of-period (EoP)) 1.37 (2025)
- Domestic currency per US dollar (End-of-period (EoP)) 1 (2025)
- Gdp worldbank constant usd, per capita 116,514 units per person (2024)
- Manufacturing value added to gdp, per capita 0 units per person (2024)
- Manufacturing value added to gdp, per unit of GDP 0 units per US$ of GDP (2024)
- Net primary income (Net income from abroad) (current LCU), annual 60.46 % change on previous year (2024)
Frequently asked questions
- What is final consumption expenditure in Bermuda?
- Final consumption expenditure in Bermuda was 1.5% in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest final consumption expenditure recorded in Bermuda?
- The highest recorded value was 7.1% in 2016.
- What is the lowest final consumption expenditure recorded in Bermuda?
- The lowest recorded value was -8.3% in 2020.
- How does Bermuda rank for final consumption expenditure?
- Bermuda ranks 140th out of 175 countries with data for 2024.
- Is final consumption expenditure rising or falling in Bermuda?
- Over the last ten years it is up 276.0%. The long-run trend across the full record is volatile.
- Where does this Bermuda data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Final consumption expenditure (annual % growth). Statizoid updates them automatically from the source API.
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About this data
Final consumption expenditure is expenditure on goods and services by resident institutional units for the direct satisfaction of human needs or wants, whether individual or collective. Final consumption expenditure can be measured for households, general government, the central bank and non-profit institutions serving households. This indicator denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.