Final consumption expenditure (current US$) in Bermuda
Bermuda: Final consumption expenditure (current US$) was 5.06 billion current US$ in 2024. ▲ Rising
Final consumption expenditure in Bermuda, 2010–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current US$.
Analysis
Bermuda recorded 5.06 billion current US$ 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 US$ in 2024 and was at its lowest, 3.97 billion current US$, in 2014.
Bermuda ranks 156th of 188 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 15 years of available data.
Final consumption expenditure (current US$) in Bermuda, year by year
| Year | current US$ | Change |
|---|---|---|
| 2010 | 4.09 billion current US$ | — |
| 2011 | 4.01 billion current US$ | -1.9% |
| 2012 | 4.01 billion current US$ | -0.0% |
| 2013 | 4.02 billion current US$ | +0.2% |
| 2014 | 3.97 billion current US$ | -1.3% |
| 2015 | 4.07 billion current US$ | +2.6% |
| 2016 | 4.21 billion current US$ | +3.3% |
| 2017 | 4.34 billion current US$ | +3.3% |
| 2018 | 4.37 billion current US$ | +0.7% |
| 2019 | 4.49 billion current US$ | +2.6% |
| 2020 | 4.16 billion current US$ | -7.2% |
| 2021 | 4.33 billion current US$ | +3.9% |
| 2022 | 4.85 billion current US$ | +12.1% |
| 2023 | 4.86 billion current US$ | +0.2% |
| 2024 | 5.06 billion current US$ | +4.1% |
Bermuda compared with similar countries
- Bermuda's 5.06 billion current US$ is below the median for high income countries, which is 123.73 billion current US$, 4% of the median. (67 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 4.16 billion current US$ | 3.97 billion current US$ | 4.49 billion current US$ | 10 |
| 2020s | 4.65 billion current US$ | 4.16 billion current US$ | 5.06 billion current US$ | 5 |
Countries ranked near Bermuda
- 153 French Polynesia 6.69 billion current US$ compare
- 154 Sierra Leone 6.28 billion current US$ compare
- 155 Fiji 5.33 billion current US$ compare
- 157 Maldives 4.89 billion current US$ compare
- 158 United States Virgin Islands 4.83 billion current US$ compare
- 159 Eswatini 4.13 billion current US$ compare
More economy & growth data for Bermuda
- Gross national expenditure (current US$), per capita 93,967 current US$ per person (2024)
- Exports of goods and services (current US$), annual growth rate 11.72 % change on previous year (2024)
- Gross national expenditure (constant 2015 US$), per capita 75,565 constant 2015 US$ per person (2024)
- Gross national expenditure (constant 2015 US$), per unit of GDP 0.5312 constant 2015 US$ per US$ of GDP (2024)
- Gross national expenditure (constant 2015 US$), annual growth rate 1.79 % change on previous year (2024)
- Gross national expenditure (current LCU), per capita 93,967 current LCU per person (2024)
- Gross national expenditure (current LCU), per unit of GDP 0.6606 current LCU per US$ of GDP (2024)
- Gross national expenditure (current LCU), annual growth rate 4.27 % change on previous year (2024)
- Final consumption expenditure (constant 2015 US$), annual growth rate 1.47 % change on previous year (2024)
- Final consumption expenditure (constant 2015 US$), per unit of GDP 0.4364 constant 2015 US$ per US$ of GDP (2024)
Frequently asked questions
- What is final consumption expenditure in Bermuda?
- Final consumption expenditure in Bermuda was 5.06 billion current US$ in 2024, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest final consumption expenditure recorded in Bermuda?
- The highest recorded value was 5.06 billion current US$ in 2024.
- What is the lowest final consumption expenditure recorded in Bermuda?
- The lowest recorded value was 3.97 billion current US$ in 2014.
- How does Bermuda rank for final consumption expenditure?
- Bermuda ranks 156th 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 Offices (NSOs), published as part of Final consumption expenditure (current US$). 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 is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.