Gross national expenditure (constant 2015 US$), per unit of GDP (unit) in Bermuda
Bermuda: Gross national expenditure (constant 2015 US$), per unit of GDP (unit) was 0.5312 constant 2015 US$ per US$ of GDP in 2024. ▼ Falling
Gross national expenditure (constant 2015 US$), per unit of GDP in Bermuda, 2014–2024
Source: Statizoid (derived). Measured in constant 2015 US$ per US$ of GDP.
Analysis
The most recent figure for gross national expenditure (constant 2015 us$), per unit of gdp in Bermuda is 0.5312 constant 2015 US$ per US$ of GDP, measured in 2024. That is the lowest value across all 11 years on record.
Compared with earlier readings it is down 4.8% on the previous year and down 29.5% over ten years.
Over the whole period, gross national expenditure (constant 2015 us$), per unit of gdp in Bermuda peaked at 0.7642 constant 2015 US$ per US$ of GDP in 2016 and was at its lowest, 0.5312 constant 2015 US$ per US$ of GDP, in 2024.
Bermuda ranks 157th of 163 countries on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 11 years of available data.
Gross national expenditure (constant 2015 US$), per unit of GDP (unit) in Bermuda, year by year
| Year | constant 2015 US$ per US$ of GDP | Change |
|---|---|---|
| 2014 | 0.7539 constant 2015 US$ per US$ of GDP | — |
| 2015 | 0.7305 constant 2015 US$ per US$ of GDP | -3.1% |
| 2016 | 0.7642 constant 2015 US$ per US$ of GDP | +4.6% |
| 2017 | 0.7139 constant 2015 US$ per US$ of GDP | -6.6% |
| 2018 | 0.6809 constant 2015 US$ per US$ of GDP | -4.6% |
| 2019 | 0.6738 constant 2015 US$ per US$ of GDP | -1.0% |
| 2020 | 0.6401 constant 2015 US$ per US$ of GDP | -5.0% |
| 2021 | 0.6297 constant 2015 US$ per US$ of GDP | -1.6% |
| 2022 | 0.602 constant 2015 US$ per US$ of GDP | -4.4% |
| 2023 | 0.5578 constant 2015 US$ per US$ of GDP | -7.3% |
| 2024 | 0.5312 constant 2015 US$ per US$ of GDP | -4.8% |
Bermuda compared with similar countries
- Bermuda's 0.5312 constant 2015 US$ per US$ of GDP is below the median for high income countries, which is 0.7302 constant 2015 US$ per US$ of GDP, 73% of the median. (58 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 0.7196 constant 2015 US$ per US$ of GDP | 0.6738 constant 2015 US$ per US$ of GDP | 0.7642 constant 2015 US$ per US$ of GDP | 6 |
| 2020s | 0.5922 constant 2015 US$ per US$ of GDP | 0.5312 constant 2015 US$ per US$ of GDP | 0.6401 constant 2015 US$ per US$ of GDP | 5 |
Countries ranked near Bermuda
- 154 Bulgaria 0.5522 constant 2015 US$ per US$ of GDP compare
- 155 Zimbabwe 0.5506 constant 2015 US$ per US$ of GDP compare
- 156 Haiti 0.5378 constant 2015 US$ per US$ of GDP compare
- 158 Sao Tome and Principe 0.5186 constant 2015 US$ per US$ of GDP compare
- 159 Singapore 0.5066 constant 2015 US$ per US$ of GDP compare
- 160 Luxembourg 0.5042 constant 2015 US$ per US$ of GDP compare
More economy & growth data for Bermuda
- General government final consumption expenditure (current LCU) 4.44 % change on previous year (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 unit 0.0128 BoP, current US$ per US$ of GDP (2024)
- General government final consumption expenditure (current US$) 4.44 % change on previous year (2024)
- General government final consumption expenditure (current US$), per 0.1072 current US$ per US$ of GDP (2024)
- General government final consumption expenditure (current US$), per 15,245 current US$ per person (2024)
Frequently asked questions
- What is gross national expenditure (constant 2015 us$), per unit of gdp in Bermuda?
- Gross national expenditure (constant 2015 us$), per unit of gdp in Bermuda was 0.5312 constant 2015 US$ per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest gross national expenditure (constant 2015 us$), per unit of gdp recorded in Bermuda?
- The highest recorded value was 0.7642 constant 2015 US$ per US$ of GDP in 2016.
- What is the lowest gross national expenditure (constant 2015 us$), per unit of gdp recorded in Bermuda?
- The lowest recorded value was 0.5312 constant 2015 US$ per US$ of GDP in 2024.
- How does Bermuda rank for gross national expenditure (constant 2015 us$), per unit of gdp?
- Bermuda ranks 157th out of 163 countries with data for 2024.
- Is gross national expenditure (constant 2015 us$), per unit of gdp rising or falling in Bermuda?
- Over the last ten years it is down 29.5%. 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 Gross national expenditure (constant 2015 US$), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Gross national expenditure (constant 2015 US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross national expenditure (constant 2015 US$) ÷ GDP (current US$)
Computed from
- Gross national expenditure Country official statistics, National Statistical Organizations and/or Central Banks
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Gross national expenditure (constant 2015 US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.