Gross national expenditure (constant 2015 US$) in Bermuda
Bermuda: Gross national expenditure (constant 2015 US$) was 4.88 billion constant 2015 US$ in 2024. ▼ Falling
Gross national expenditure in Bermuda, 2014–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant 2015 US$.
Analysis
In 2024, gross national expenditure in Bermuda stood at 4.88 billion constant 2015 US$.
That represents a change of up 1.8% on the previous year and up 1.0% over ten years.
Over the whole period, gross national expenditure in Bermuda peaked at 5.27 billion constant 2015 US$ in 2016 and was at its lowest, 4.41 billion constant 2015 US$, in 2020.
Bermuda ranks 141st of 163 countries on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 11 years of available data.
Gross national expenditure (constant 2015 US$) in Bermuda, year by year
| Year | constant 2015 US$ | Change |
|---|---|---|
| 2014 | 4.84 billion constant 2015 US$ | — |
| 2015 | 4.86 billion constant 2015 US$ | +0.5% |
| 2016 | 5.27 billion constant 2015 US$ | +8.5% |
| 2017 | 5.10 billion constant 2015 US$ | -3.3% |
| 2018 | 4.92 billion constant 2015 US$ | -3.5% |
| 2019 | 5.00 billion constant 2015 US$ | +1.7% |
| 2020 | 4.41 billion constant 2015 US$ | -11.9% |
| 2021 | 4.59 billion constant 2015 US$ | +4.1% |
| 2022 | 4.68 billion constant 2015 US$ | +1.9% |
| 2023 | 4.80 billion constant 2015 US$ | +2.6% |
| 2024 | 4.88 billion constant 2015 US$ | +1.8% |
Bermuda compared with similar countries
- Bermuda's 4.88 billion constant 2015 US$ is below the median for high income countries, which is 222.30 billion constant 2015 US$, 2% of the median. (58 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 5.00 billion constant 2015 US$ | 4.84 billion constant 2015 US$ | 5.27 billion constant 2015 US$ | 6 |
| 2020s | 4.67 billion constant 2015 US$ | 4.41 billion constant 2015 US$ | 4.88 billion constant 2015 US$ | 5 |
Countries ranked near Bermuda
- 138 Equatorial Guinea 9.99 billion constant 2015 US$ compare
- 139 Montenegro 7.89 billion constant 2015 US$ compare
- 140 Maldives 4.98 billion constant 2015 US$ compare
- 142 Eswatini 4.49 billion constant 2015 US$ compare
- 143 Djibouti 3.71 billion constant 2015 US$ compare
- 144 Lesotho 3.69 billion constant 2015 US$ 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 gross national expenditure in Bermuda?
- Gross national expenditure in Bermuda was 4.88 billion constant 2015 US$ in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross national expenditure recorded in Bermuda?
- The highest recorded value was 5.27 billion constant 2015 US$ in 2016.
- What is the lowest gross national expenditure recorded in Bermuda?
- The lowest recorded value was 4.41 billion constant 2015 US$ in 2020.
- How does Bermuda rank for gross national expenditure?
- Bermuda ranks 141st out of 163 countries with data for 2024.
- Is gross national expenditure rising or falling in Bermuda?
- Over the last ten years it is up 1.0%. The long-run trend across the full record is falling.
- 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 Gross national expenditure (constant 2015 US$). Statizoid updates them automatically from the source API.
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About this data
Gross national expenditure is the sum of household final consumption expenditure, general government final consumption expenditure, and gross capital formation. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2015. This indicator is expressed in United States dollars.