Government spending vs. GDP, per square kilometre in Bermuda
Bermuda: Government spending vs. GDP, per square kilometre was 14.99 million constant 2015 US$ per square kilometre in 2023. ▼ Falling
Government spending vs. GDP, per square kilometre in Bermuda, 2014–2023
Source: Statizoid (derived). Measured in constant 2015 US$ per square kilometre.
Analysis
In 2023, government spending vs. gdp, per square kilometre in Bermuda stood at 14.99 million constant 2015 US$ per square kilometre.
The figure is down 1.2% on the previous year and down 3.8% over ten years.
Over the whole period, government spending vs. gdp, per square kilometre in Bermuda peaked at 16.64 million constant 2015 US$ per square kilometre in 2016 and was at its lowest, 14.96 million constant 2015 US$ per square kilometre, in 2020.
That places Bermuda 4th out of 166 countries with data for 2023, putting it in the top 10%.
Government spending vs. GDP, per square kilometre in Bermuda, year by year
| Year | constant 2015 US$ per square kilometre | Change |
|---|---|---|
| 2014 | 15.58 million constant 2015 US$ per square kilometre | — |
| 2015 | 15.41 million constant 2015 US$ per square kilometre | -1.1% |
| 2016 | 16.64 million constant 2015 US$ per square kilometre | +8.0% |
| 2017 | 15.78 million constant 2015 US$ per square kilometre | -5.1% |
| 2018 | 15.10 million constant 2015 US$ per square kilometre | -4.3% |
| 2019 | 15.55 million constant 2015 US$ per square kilometre | +3.0% |
| 2020 | 14.96 million constant 2015 US$ per square kilometre | -3.8% |
| 2021 | 15.06 million constant 2015 US$ per square kilometre | +0.7% |
| 2022 | 15.16 million constant 2015 US$ per square kilometre | +0.7% |
| 2023 | 14.99 million constant 2015 US$ per square kilometre | -1.2% |
Bermuda compared with similar countries
- Bermuda's 14.99 million constant 2015 US$ per square kilometre is above the median for high income countries, which is 554,033 constant 2015 US$ per square kilometre, 27.1× the median. (60 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 15.68 million constant 2015 US$ per square kilometre | 15.10 million constant 2015 US$ per square kilometre | 16.64 million constant 2015 US$ per square kilometre | 6 |
| 2020s | 15.04 million constant 2015 US$ per square kilometre | 14.96 million constant 2015 US$ per square kilometre | 15.16 million constant 2015 US$ per square kilometre | 4 |
Countries ranked near Bermuda
- 1 Macao 159.00 million constant 2015 US$ per square kilometre compare
- 2 Singapore 58.00 million constant 2015 US$ per square kilometre compare
- 3 Hong Kong 39.24 million constant 2015 US$ per square kilometre compare
- 5 Malta 9.81 million constant 2015 US$ per square kilometre compare
- 6 Bahrain 8.64 million constant 2015 US$ per square kilometre compare
- 7 Netherlands 6.81 million constant 2015 US$ per square kilometre compare
More economy & growth data for Bermuda
- Foreign direct investment, net outflows (BoP, current US$), gaps 33.80 million BoP, current US$ (2024)
- Foreign direct investment, net outflows (BoP, current US$), per capita 522.99 BoP, current US$ 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)
- Foreign direct investment, net inflows (BoP, current US$), per capita 1,823 BoP, current US$ per person (2024)
- General government final consumption expenditure (current US$) 4.44 % change on previous year (2024)
- General government final consumption expenditure (current LCU), per 15,245 current LCU per person (2024)
- General government final consumption expenditure (current LCU), per 0.1072 current LCU per US$ of GDP (2024)
Frequently asked questions
- What is government spending vs. gdp, per square kilometre in Bermuda?
- Government spending vs. gdp, per square kilometre in Bermuda was 14.99 million constant 2015 US$ per square kilometre in 2023, according to Statizoid (derived).
- What is the highest government spending vs. gdp, per square kilometre recorded in Bermuda?
- The highest recorded value was 16.64 million constant 2015 US$ per square kilometre in 2016.
- What is the lowest government spending vs. gdp, per square kilometre recorded in Bermuda?
- The lowest recorded value was 14.96 million constant 2015 US$ per square kilometre in 2020.
- How does Bermuda rank for government spending vs. gdp, per square kilometre?
- Bermuda ranks 4th out of 166 countries with data for 2023.
- Is government spending vs. gdp, per square kilometre rising or falling in Bermuda?
- Over the last ten years it is down 3.8%. 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 square kilometre. Statizoid updates them automatically from the source API.
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CSV · JSON — 10 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 Land area (sq. km), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Government spending vs. GDP ÷ Land area (sq. km)
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
- Land area FAOSTAT, Food and Agriculture Organization of the United Nations (FAO)
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 Land area (sq. km), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.