Gross national expenditure (current LCU) in Bermuda
Bermuda: Gross national expenditure (current LCU) was 6.07 billion current LCU in 2024. ▲ Rising
Gross national expenditure in Bermuda, 2010–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current LCU.
Analysis
Bermuda recorded 6.07 billion current LCU for gross national expenditure in 2024. That is the highest value across all 15 years on record.
That represents a change of up 4.3% on the previous year and up 28.1% over ten years.
Over the whole period, gross national expenditure in Bermuda peaked at 6.07 billion current LCU in 2024 and was at its lowest, 4.71 billion current LCU, in 2012.
Bermuda ranks 179th of 186 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 15 years of available data.
Gross national expenditure (current LCU) in Bermuda, year by year
| Year | current LCU | Change |
|---|---|---|
| 2010 | 4.95 billion current LCU | — |
| 2011 | 4.81 billion current LCU | -3.0% |
| 2012 | 4.71 billion current LCU | -1.9% |
| 2013 | 4.72 billion current LCU | +0.2% |
| 2014 | 4.74 billion current LCU | +0.4% |
| 2015 | 4.86 billion current LCU | +2.5% |
| 2016 | 5.09 billion current LCU | +4.7% |
| 2017 | 5.33 billion current LCU | +4.7% |
| 2018 | 5.34 billion current LCU | +0.3% |
| 2019 | 5.58 billion current LCU | +4.5% |
| 2020 | 5.01 billion current LCU | -10.3% |
| 2021 | 5.27 billion current LCU | +5.2% |
| 2022 | 5.84 billion current LCU | +10.8% |
| 2023 | 5.83 billion current LCU | -0.2% |
| 2024 | 6.07 billion current LCU | +4.3% |
Bermuda compared with similar countries
- Bermuda's 6.07 billion current LCU is below the median for high income countries, which is 501.74 billion current LCU, 1% of the median. (66 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 5.01 billion current LCU | 4.71 billion current LCU | 5.58 billion current LCU | 10 |
| 2020s | 5.60 billion current LCU | 5.01 billion current LCU | 6.07 billion current LCU | 5 |
Countries ranked near Bermuda
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 6.07 billion current 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 6.07 billion current LCU in 2024.
- What is the lowest gross national expenditure recorded in Bermuda?
- The lowest recorded value was 4.71 billion current LCU in 2012.
- How does Bermuda rank for gross national expenditure?
- Bermuda ranks 179th out of 186 countries with data for 2024.
- Is gross national expenditure rising or falling in Bermuda?
- Over the last ten years it is up 28.1%. The long-run trend across the full record is rising.
- 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 (current 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 current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.