Gross national expenditure (current US$) in Bermuda
Bermuda: Gross national expenditure (current US$) was 6.07 billion current US$ in 2024. ▲ Rising
Gross national expenditure in Bermuda, 2010–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current US$.
Analysis
In 2024, gross national expenditure in Bermuda stood at 6.07 billion current US$. 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 US$ in 2024 and was at its lowest, 4.71 billion current US$, in 2012.
That places Bermuda 156th out of 186 countries with data for 2024, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 15 years of available data.
Gross national expenditure (current US$) in Bermuda, year by year
| Year | current US$ | Change |
|---|---|---|
| 2010 | 4.95 billion current US$ | — |
| 2011 | 4.81 billion current US$ | -3.0% |
| 2012 | 4.71 billion current US$ | -1.9% |
| 2013 | 4.72 billion current US$ | +0.2% |
| 2014 | 4.74 billion current US$ | +0.4% |
| 2015 | 4.86 billion current US$ | +2.5% |
| 2016 | 5.09 billion current US$ | +4.7% |
| 2017 | 5.33 billion current US$ | +4.7% |
| 2018 | 5.34 billion current US$ | +0.3% |
| 2019 | 5.58 billion current US$ | +4.5% |
| 2020 | 5.01 billion current US$ | -10.3% |
| 2021 | 5.27 billion current US$ | +5.2% |
| 2022 | 5.84 billion current US$ | +10.8% |
| 2023 | 5.83 billion current US$ | -0.2% |
| 2024 | 6.07 billion current US$ | +4.3% |
Bermuda compared with similar countries
- Bermuda's 6.07 billion current US$ is below the median for high income countries, which is 195.11 billion current US$, 3% of the median. (66 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 5.01 billion current US$ | 4.71 billion current US$ | 5.58 billion current US$ | 10 |
| 2020s | 5.60 billion current US$ | 5.01 billion current US$ | 6.07 billion current US$ | 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 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 6.07 billion current US$ in 2024.
- What is the lowest gross national expenditure recorded in Bermuda?
- The lowest recorded value was 4.71 billion current US$ in 2012.
- How does Bermuda rank for gross national expenditure?
- Bermuda ranks 156th 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 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 current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.