Final consumption expenditure in Bermuda
Bermuda: Final consumption expenditure was 5.06 billion current LCU in 2024. ▲ Rising
Final consumption expenditure in Bermuda, 2010–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current LCU.
Analysis
Bermuda recorded 5.06 billion current LCU for final consumption expenditure in 2024. That is the highest value across all 15 years on record.
Compared with earlier readings it is up 4.1% on the previous year and up 27.6% over ten years.
Over the whole period, final consumption expenditure in Bermuda peaked at 5.06 billion current LCU in 2024 and was at its lowest, 3.97 billion current LCU, in 2014.
That places Bermuda 178th out of 188 countries with data for 2024, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 15 years of available data.
Final consumption expenditure in Bermuda, year by year
| Year | current LCU | Change |
|---|---|---|
| 2010 | 4.09 billion current LCU | — |
| 2011 | 4.01 billion current LCU | -1.9% |
| 2012 | 4.01 billion current LCU | -0.0% |
| 2013 | 4.02 billion current LCU | +0.2% |
| 2014 | 3.97 billion current LCU | -1.3% |
| 2015 | 4.07 billion current LCU | +2.6% |
| 2016 | 4.21 billion current LCU | +3.3% |
| 2017 | 4.34 billion current LCU | +3.3% |
| 2018 | 4.37 billion current LCU | +0.7% |
| 2019 | 4.49 billion current LCU | +2.6% |
| 2020 | 4.16 billion current LCU | -7.2% |
| 2021 | 4.33 billion current LCU | +3.9% |
| 2022 | 4.85 billion current LCU | +12.1% |
| 2023 | 4.86 billion current LCU | +0.2% |
| 2024 | 5.06 billion current LCU | +4.1% |
Bermuda compared with similar countries
- Bermuda's 5.06 billion current LCU is below the median for high income countries, which is 326.40 billion current LCU, 2% of the median. (67 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 4.16 billion current LCU | 3.97 billion current LCU | 4.49 billion current LCU | 10 |
| 2020s | 4.65 billion current LCU | 4.16 billion current LCU | 5.06 billion current LCU | 5 |
Countries ranked near Bermuda
More economy & growth data for Bermuda
- General government final consumption expenditure (current LCU), per 0.1072 current LCU per US$ of GDP (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$), annual -21.86 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0128 BoP, current US$ per US$ of GDP (2024)
- General government final consumption expenditure (current US$), per 15,245 current US$ 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)
Frequently asked questions
- What is final consumption expenditure in Bermuda?
- Final consumption expenditure in Bermuda was 5.06 billion current LCU 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 5.06 billion current LCU in 2024.
- What is the lowest final consumption expenditure recorded in Bermuda?
- The lowest recorded value was 3.97 billion current LCU in 2014.
- How does Bermuda rank for final consumption expenditure?
- Bermuda ranks 178th out of 188 countries with data for 2024.
- Is final consumption expenditure rising or falling in Bermuda?
- Over the last ten years it is up 27.6%. The long-run trend across the full record is rising.
- 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 (current LCU). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 15 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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 is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.