General government final consumption expenditure (constant 2015 US$) in Bermuda
Bermuda: General government final consumption expenditure (constant 2015 US$) was 0.089 constant 2015 US$ per US$ of GDP in 2024. ▼ Falling
General government final consumption expenditure (constant 2015 US$) in Bermuda, 2014–2024
Source: Statizoid (derived). Measured in constant 2015 US$ per US$ of GDP.
Analysis
In 2024, general government final consumption expenditure (constant 2015 us$) in Bermuda stood at 0.089 constant 2015 US$ per US$ of GDP. That is the lowest value across all 11 years on record.
The figure is down 5.4% on the previous year and down 32.2% over ten years.
Over the whole period, general government final consumption expenditure (constant 2015 us$) in Bermuda peaked at 0.1312 constant 2015 US$ per US$ of GDP in 2014 and was at its lowest, 0.089 constant 2015 US$ per US$ of GDP, in 2024.
That places Bermuda 129th out of 168 countries with data for 2024, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 11 years of available data.
General government final consumption expenditure (constant 2015 US$) in Bermuda, year by year
| Year | constant 2015 US$ per US$ of GDP | Change |
|---|---|---|
| 2014 | 0.1312 constant 2015 US$ per US$ of GDP | — |
| 2015 | 0.125 constant 2015 US$ per US$ of GDP | -4.7% |
| 2016 | 0.1302 constant 2015 US$ per US$ of GDP | +4.1% |
| 2017 | 0.1193 constant 2015 US$ per US$ of GDP | -8.4% |
| 2018 | 0.1128 constant 2015 US$ per US$ of GDP | -5.4% |
| 2019 | 0.1131 constant 2015 US$ per US$ of GDP | +0.3% |
| 2020 | 0.1173 constant 2015 US$ per US$ of GDP | +3.6% |
| 2021 | 0.1115 constant 2015 US$ per US$ of GDP | -4.9% |
| 2022 | 0.1054 constant 2015 US$ per US$ of GDP | -5.5% |
| 2023 | 0.0941 constant 2015 US$ per US$ of GDP | -10.7% |
| 2024 | 0.089 constant 2015 US$ per US$ of GDP | -5.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 0.122 constant 2015 US$ per US$ of GDP | 0.1128 constant 2015 US$ per US$ of GDP | 0.1312 constant 2015 US$ per US$ of GDP | 6 |
| 2020s | 0.1035 constant 2015 US$ per US$ of GDP | 0.089 constant 2015 US$ per US$ of GDP | 0.1173 constant 2015 US$ per US$ of GDP | 5 |
Countries ranked near Bermuda
- 126 Bulgaria 0.0923 constant 2015 US$ per US$ of GDP compare
- 127 Switzerland 0.0906 constant 2015 US$ per US$ of GDP compare
- 128 Gabon 0.0893 constant 2015 US$ per US$ of GDP compare
- 130 Mexico 0.0885 constant 2015 US$ per US$ of GDP compare
- 131 Ireland 0.0874 constant 2015 US$ per US$ of GDP compare
- 132 Belarus 0.0873 constant 2015 US$ per US$ of GDP compare
More economy & growth data for Bermuda
- General government final consumption expenditure (current LCU) 4.44 % change on previous year (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$) 4.44 % change on previous year (2024)
- Imports of goods and services (current US$), per capita 35,647 current US$ per person (2024)
- Gross capital formation (constant 2015 US$), annual growth rate 3.32 % change on previous year (2024)
- Gross capital formation (constant 2015 US$), per unit of GDP 0.0949 constant 2015 US$ per US$ of GDP (2024)
- Gross capital formation (constant 2015 US$), per capita 13,494 constant 2015 US$ per person (2024)
- Imports of goods and services (current US$), annual growth rate 7.63 % change on previous year (2024)
- Imports of goods and services (current US$), per unit of GDP 0.2506 current US$ per US$ of GDP (2024)
Frequently asked questions
- What is general government final consumption expenditure (constant 2015 us$) in Bermuda?
- General government final consumption expenditure (constant 2015 us$) in Bermuda was 0.089 constant 2015 US$ per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest general government final consumption expenditure (constant 2015 us$) recorded in Bermuda?
- The highest recorded value was 0.1312 constant 2015 US$ per US$ of GDP in 2014.
- What is the lowest general government final consumption expenditure (constant 2015 us$) recorded in Bermuda?
- The lowest recorded value was 0.089 constant 2015 US$ per US$ of GDP in 2024.
- How does Bermuda rank for general government final consumption expenditure (constant 2015 us$)?
- Bermuda ranks 129th out of 168 countries with data for 2024.
- Is general government final consumption expenditure (constant 2015 us$) rising or falling in Bermuda?
- Over the last ten years it is down 32.2%. The long-run trend across the full record is falling.
- Where does this Bermuda data come from?
- The figures come from Statizoid (derived), published as part of General government final consumption expenditure (constant 2015 US$), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
General government final consumption expenditure (constant 2015 US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
General government final consumption expenditure (constant 2015 US$) ÷ GDP (current US$)
Computed from
- General government final consumption expenditure Country official statistics, National Statistical Organizations and/or Central Banks
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
General government final consumption expenditure (constant 2015 US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.