Government spending vs. GDP in Bermuda
Bermuda: Government spending vs. GDP was 818.25 million constant 2015 US$ in 2024. ▼ Falling
Government spending vs. GDP in Bermuda, 2014–2024
Source: National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data. Measured in constant 2015 US$.
Analysis
In 2024, government spending vs. gdp in Bermuda stood at 818.25 million constant 2015 US$.
Compared with earlier readings it is up 1.1% on the previous year and down 2.7% over ten years.
Over the whole period, government spending vs. gdp in Bermuda peaked at 898.46 million constant 2015 US$ in 2016 and was at its lowest, 807.62 million constant 2015 US$, in 2020.
That places Bermuda 143rd out of 163 countries with data for 2024, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 11 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 846.57 million constant 2015 US$ | 815.38 million constant 2015 US$ | 898.46 million constant 2015 US$ | 6 |
| 2020s | 813.43 million constant 2015 US$ | 807.62 million constant 2015 US$ | 818.87 million constant 2015 US$ | 5 |
Countries ranked near Bermuda
- 140 Congo 927.34 million constant 2015 US$ compare
- 141 Montenegro 914.31 million constant 2015 US$ compare
- 142 Maldives 832.50 million constant 2015 US$ compare
- 144 Lesotho 805.47 million constant 2015 US$ compare
- 145 Djibouti 682.23 million constant 2015 US$ compare
- 146 Bhutan 629.82 million constant 2015 US$ compare
More economy & growth data for Bermuda
- External balance on goods and services as a percent of GDP 30.1% (2024)
- GDP per capita 116,514 constant 2015 US$ (2024)
- Share of manufacturing in gross domestic product (GDP) 0.3% (2024)
- Gross domestic product (GDP) 7.53 billion constant 2015 US$ (2024)
- GDP per capita in international and market dollars 116,514 constant 2015 US$ (2024)
- DEC alternative conversion factor 1 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) -229.00 million current LCU (2024)
- Net secondary income (Net current transfers from abroad) -229.00 million current US$ (2024)
- Taxes less subsidies on products 332.49 million current LCU (2024)
- Taxes less subsidies on products 332.49 million current US$ (2024)
Frequently asked questions
- What is government spending vs. gdp in Bermuda?
- Government spending vs. gdp in Bermuda was 818.25 million constant 2015 US$ in 2024, according to National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data.
- What is the highest government spending vs. gdp recorded in Bermuda?
- The highest recorded value was 898.46 million constant 2015 US$ in 2016.
- What is the lowest government spending vs. gdp recorded in Bermuda?
- The lowest recorded value was 807.62 million constant 2015 US$ in 2020.
- How does Bermuda rank for government spending vs. gdp?
- Bermuda ranks 143rd out of 163 countries with data for 2024.
- Is government spending vs. gdp rising or falling in Bermuda?
- Over the last ten years it is down 2.7%. The long-run trend across the full record is falling.
- Where does this Bermuda data come from?
- The figures come from National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data, published as part of Government spending vs. GDP. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 11 observations, free to reuse under CC BY 4.0 (Our World in Data).
About this data
General government final consumption expenditure includes all government current expenditures for purchases of goods and services (including compensation of employees). Both measures are expressed in constant 2015 US$.