General government final consumption … current rate annual growth in Bermuda
Bermuda: General government final consumption … current rate annual growth was 4.44 % change on previous year in 2024. ◆ Volatile
General government final consumption expenditure (current LCU) in Bermuda, 2011–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Bermuda recorded 4.44 % change on previous year for general government final consumption expenditure (current lcu) in 2024.
That represents a change of up 65.3% on the previous year and up 165.6% over ten years.
Over the whole period, general government final consumption expenditure (current lcu) in Bermuda peaked at 7.36 % change on previous year in 2019 and was at its lowest, -6.76 % change on previous year, in 2014.
That places Bermuda 129th out of 185 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
General government final consumption … current rate annual growth in Bermuda, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 2011 | -3.28 % change on previous year | — |
| 2012 | 1.48 % change on previous year | -145.1% |
| 2013 | -1.86 % change on previous year | -225.9% |
| 2014 | -6.76 % change on previous year | +263.2% |
| 2015 | 1.07 % change on previous year | -115.8% |
| 2016 | 0.5977 % change on previous year | -44.1% |
| 2017 | -0.7847 % change on previous year | -231.3% |
| 2018 | 2.05 % change on previous year | -361.7% |
| 2019 | 7.36 % change on previous year | +258.5% |
| 2020 | -3.68 % change on previous year | -150.0% |
| 2021 | 2.47 % change on previous year | -167.0% |
| 2022 | 2.32 % change on previous year | -5.9% |
| 2023 | 2.68 % change on previous year | +15.7% |
| 2024 | 4.44 % change on previous year | +65.3% |
Bermuda compared with similar countries
- Bermuda's 4.44 % change on previous year is below the median for high income countries, which is 5.1 % change on previous year, 87% of the median. (67 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | -0.0144 % change on previous year | -6.76 % change on previous year | 7.36 % change on previous year | 9 |
| 2020s | 1.65 % change on previous year | -3.68 % change on previous year | 4.44 % change on previous year | 5 |
Countries ranked near Bermuda
More economy & growth data for Bermuda
- Foreign direct investment, net inflows (BoP, current US$), per capita 1,823 BoP, current US$ per person (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$), annual -21.86 % change on previous year (2024)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0037 BoP, current US$ per US$ of GDP (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$), per 0.1072 current US$ per US$ of GDP (2024)
- General government final consumption expenditure (current LCU), per 0.1072 current LCU per US$ of GDP (2024)
- General government final consumption expenditure (current US$), per 15,245 current US$ per person (2024)
- Foreign direct investment, net outflows (BoP, current US$), gaps 33.80 million BoP, current US$ (2024)
Frequently asked questions
- What is general government final consumption expenditure (current lcu) in Bermuda?
- General government final consumption expenditure (current lcu) in Bermuda was 4.44 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest general government final consumption expenditure (current lcu) recorded in Bermuda?
- The highest recorded value was 7.36 % change on previous year in 2019.
- What is the lowest general government final consumption expenditure (current lcu) recorded in Bermuda?
- The lowest recorded value was -6.76 % change on previous year in 2014.
- How does Bermuda rank for general government final consumption expenditure (current lcu)?
- Bermuda ranks 129th out of 185 countries with data for 2024.
- Is general government final consumption expenditure (current lcu) rising or falling in Bermuda?
- Over the last ten years it is up 165.6%. The long-run trend across the full record is volatile.
- Where does this Bermuda data come from?
- The figures come from Statizoid (derived), published as part of General government final consumption expenditure (current LCU), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 14 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in General government final consumption expenditure (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- General government final consumption expenditure 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
The year-on-year percentage change in General government final consumption expenditure (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.