Gross national expenditure in Bermuda
Bermuda: Gross national expenditure was 4.97 billion constant LCU in 2024. ▼ Falling
Gross national expenditure in Bermuda, 2014–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant LCU.
Analysis
In 2024, gross national expenditure in Bermuda stood at 4.97 billion constant LCU.
Compared with earlier readings it is up 1.8% on the previous year and up 0.9% over ten years.
Over the whole period, gross national expenditure in Bermuda peaked at 5.37 billion constant LCU in 2016 and was at its lowest, 4.49 billion constant LCU, in 2020.
Bermuda ranks 161st of 168 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 in Bermuda, year by year
| Year | constant LCU | Change |
|---|---|---|
| 2014 | 4.93 billion constant LCU | — |
| 2015 | 4.95 billion constant LCU | +0.5% |
| 2016 | 5.37 billion constant LCU | +8.4% |
| 2017 | 5.19 billion constant LCU | -3.4% |
| 2018 | 5.00 billion constant LCU | -3.5% |
| 2019 | 5.08 billion constant LCU | +1.6% |
| 2020 | 4.49 billion constant LCU | -11.7% |
| 2021 | 4.67 billion constant LCU | +4.1% |
| 2022 | 4.76 billion constant LCU | +1.9% |
| 2023 | 4.89 billion constant LCU | +2.6% |
| 2024 | 4.97 billion constant LCU | +1.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 5.09 billion constant LCU | 4.93 billion constant LCU | 5.37 billion constant LCU | 6 |
| 2020s | 4.75 billion constant LCU | 4.49 billion constant LCU | 4.97 billion constant LCU | 5 |
Countries ranked near Bermuda
- 158 Papua New Guinea 6.77 billion constant LCU
- 159 Tajikistan 5.48 billion constant LCU compare
- 160 Belize 5.42 billion constant LCU compare
- 162 Samoa 3.11 billion constant LCU compare
- 163 Timor-Leste 2.76 billion constant LCU compare
- 164 Tonga 1.63 billion constant LCU compare
More economy & growth data for Bermuda
- US dollar per domestic currency (End-of-period (EoP)) 1 (2025)
- Taxes less subsidies on products (current LCU), per unit of GDP 0.0362 current LCU per US$ of GDP (2024)
- Taxes less subsidies on products (current LCU), per capita 5,144 current LCU per person (2024)
- Special drawing rights per domestic currency (End-of-period (EoP)) 0.7302 (2025)
- Domestic currency per Special drawing rights (End-of-period (EoP)) 1.37 (2025)
- Domestic currency per US dollar (End-of-period (EoP)) 1 (2025)
- Gdp worldbank constant usd, per capita 116,514 units per person (2024)
- Manufacturing value added to gdp, per capita 0 units per person (2024)
- Manufacturing value added to gdp, per unit of GDP 0 units per US$ of GDP (2024)
- Net primary income (Net income from abroad) (current LCU), annual 60.46 % change on previous year (2024)
Frequently asked questions
- What is gross national expenditure in Bermuda?
- Gross national expenditure in Bermuda was 4.97 billion constant LCU 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 5.37 billion constant LCU in 2016.
- What is the lowest gross national expenditure recorded in Bermuda?
- The lowest recorded value was 4.49 billion constant LCU in 2020.
- How does Bermuda rank for gross national expenditure?
- Bermuda ranks 161st out of 168 countries with data for 2024.
- Is gross national expenditure rising or falling in Bermuda?
- Over the last ten years it is up 0.9%. 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 LCU). 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 varies by country. This series is expressed in local currency units.