General government final consumption expenditure in Bermuda
Bermuda: General government final consumption expenditure was 985.40 million current US$ in 2024. ▲ Rising
General government final consumption expenditure in Bermuda, 2010–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current US$.
Analysis
The most recent figure for general government final consumption expenditure in Bermuda is 985.40 million current US$, measured in 2024. That is the highest value across all 15 years on record.
The figure is up 4.4% on the previous year and up 19.7% over ten years.
Over the whole period, general government final consumption expenditure in Bermuda peaked at 985.40 million current US$ in 2024 and was at its lowest, 823.23 million current US$, in 2014.
Bermuda ranks 158th of 187 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 15 years of available data.
General government final consumption expenditure in Bermuda, year by year
| Year | current US$ | Change |
|---|---|---|
| 2010 | 916.65 million current US$ | — |
| 2011 | 886.60 million current US$ | -3.3% |
| 2012 | 899.71 million current US$ | +1.5% |
| 2013 | 882.95 million current US$ | -1.9% |
| 2014 | 823.23 million current US$ | -6.8% |
| 2015 | 832.03 million current US$ | +1.1% |
| 2016 | 837.00 million current US$ | +0.6% |
| 2017 | 830.43 million current US$ | -0.8% |
| 2018 | 847.49 million current US$ | +2.1% |
| 2019 | 909.87 million current US$ | +7.4% |
| 2020 | 876.40 million current US$ | -3.7% |
| 2021 | 898.01 million current US$ | +2.5% |
| 2022 | 918.86 million current US$ | +2.3% |
| 2023 | 943.52 million current US$ | +2.7% |
| 2024 | 985.40 million current US$ | +4.4% |
Bermuda compared with similar countries
- Bermuda's 985.40 million current US$ is below the median for high income countries, which is 41.50 billion current US$, 2% of the median. (67 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 866.60 million current US$ | 823.23 million current US$ | 916.65 million current US$ | 10 |
| 2020s | 924.44 million current US$ | 876.40 million current US$ | 985.40 million current US$ | 5 |
Countries ranked near Bermuda
More economy & growth data for Bermuda
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0128 BoP, current US$ 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 capita 1,823 BoP, current US$ per person (2024)
- 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)
Frequently asked questions
- What is general government final consumption expenditure in Bermuda?
- General government final consumption expenditure in Bermuda was 985.40 million current US$ in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest general government final consumption expenditure recorded in Bermuda?
- The highest recorded value was 985.40 million current US$ in 2024.
- What is the lowest general government final consumption expenditure recorded in Bermuda?
- The lowest recorded value was 823.23 million current US$ in 2014.
- How does Bermuda rank for general government final consumption expenditure?
- Bermuda ranks 158th out of 187 countries with data for 2024.
- Is general government final consumption expenditure rising or falling in Bermuda?
- Over the last ten years it is up 19.7%. 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 General government 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. General government FCE includes all government current expenditures for purchases of goods and services (including compensation of employees), and most expenditures on national defense and security, but excludes government military expenditures that are part of government capital formation. 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.