Government spending vs. GDP, per capita in Bermuda
Bermuda: Government spending vs. GDP, per capita was 12,659 constant 2015 US$ per person in 2024. ▼ Falling
Government spending vs. GDP, per capita in Bermuda, 2014–2024
Source: Statizoid (derived). Measured in constant 2015 US$ per person.
Analysis
The most recent figure for government spending vs. gdp, per capita in Bermuda is 12,659 constant 2015 US$ per person, measured in 2024.
The figure is up 1.2% on the previous year and down 4.4% over ten years.
Over the whole period, government spending vs. gdp, per capita in Bermuda peaked at 14,160 constant 2015 US$ per person in 2016 and was at its lowest, 12,510 constant 2015 US$ per person, in 2023.
Bermuda ranks 9th of 166 countries on this measure, in the top 10%.
The long-run direction has been consistently falling across the 11 years of available data.
Government spending vs. GDP, per capita in Bermuda, year by year
| Year | constant 2015 US$ per person | Change |
|---|---|---|
| 2014 | 13,244 constant 2015 US$ per person | — |
| 2015 | 13,110 constant 2015 US$ per person | -1.0% |
| 2016 | 14,160 constant 2015 US$ per person | +8.0% |
| 2017 | 13,406 constant 2015 US$ per person | -5.3% |
| 2018 | 12,774 constant 2015 US$ per person | -4.7% |
| 2019 | 13,100 constant 2015 US$ per person | +2.6% |
| 2020 | 12,544 constant 2015 US$ per person | -4.2% |
| 2021 | 12,576 constant 2015 US$ per person | +0.3% |
| 2022 | 12,647 constant 2015 US$ per person | +0.6% |
| 2023 | 12,510 constant 2015 US$ per person | -1.1% |
| 2024 | 12,659 constant 2015 US$ per person | +1.2% |
Bermuda compared with similar countries
- Bermuda's 12,659 constant 2015 US$ per person is above the median for high income countries, which is 6,505 constant 2015 US$ per person, 1.9× the median. (60 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 13,299 constant 2015 US$ per person | 12,774 constant 2015 US$ per person | 14,160 constant 2015 US$ per person | 6 |
| 2020s | 12,587 constant 2015 US$ per person | 12,510 constant 2015 US$ per person | 12,659 constant 2015 US$ per person | 5 |
Countries ranked near Bermuda
- 6 Denmark 13,611 constant 2015 US$ per person compare
- 7 Sweden 13,546 constant 2015 US$ per person compare
- 8 Netherlands 13,377 constant 2015 US$ per person compare
- 10 Finland 11,822 constant 2015 US$ per person compare
- 11 Ireland 11,498 constant 2015 US$ per person compare
- 12 United States Virgin Islands 11,441 constant 2015 US$ per person compare
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 government spending vs. gdp, per capita in Bermuda?
- Government spending vs. gdp, per capita in Bermuda was 12,659 constant 2015 US$ per person in 2024, according to Statizoid (derived).
- What is the highest government spending vs. gdp, per capita recorded in Bermuda?
- The highest recorded value was 14,160 constant 2015 US$ per person in 2016.
- What is the lowest government spending vs. gdp, per capita recorded in Bermuda?
- The lowest recorded value was 12,510 constant 2015 US$ per person in 2023.
- How does Bermuda rank for government spending vs. gdp, per capita?
- Bermuda ranks 9th out of 166 countries with data for 2024.
- Is government spending vs. gdp, per capita rising or falling in Bermuda?
- Over the last ten years it is down 4.4%. 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 Government spending vs. GDP, per capita. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 11 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Government spending vs. GDP divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Government spending vs. GDP ÷ Population, total
Computed from
- Government spending vs. GDP National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data
- Population, total World Population Prospects, United Nations (UN)
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
Government spending vs. GDP divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.