Households and NPISHs Final consumption expenditure in Bermuda
Bermuda: Households and NPISHs Final consumption expenditure was 1.5% in 2024. ◆ Volatile
Households and NPISHs Final consumption expenditure in Bermuda, 2015–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in annual % growth.
Analysis
In 2024, households and npishs final consumption expenditure in Bermuda stood at 1.5%.
The figure is down 68.6% on the previous year and up 82.2% over ten years.
Over the whole period, households and npishs final consumption expenditure in Bermuda peaked at 6.9% in 2016 and was at its lowest, -9.5%, in 2020.
Bermuda ranks 136th of 177 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Households and NPISHs Final consumption expenditure in Bermuda, year by year
| Year | annual % growth | Change |
|---|---|---|
| 2015 | 0.8% | — |
| 2016 | 6.9% | +711.2% |
| 2017 | -5.7% | -182.4% |
| 2018 | -3.8% | -32.3% |
| 2019 | -1.6% | -56.9% |
| 2020 | -9.5% | +476.2% |
| 2021 | 3.5% | -136.5% |
| 2022 | 3.7% | +7.7% |
| 2023 | 4.9% | +31.4% |
| 2024 | 1.5% | -68.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | -0.7% | -5.7% | 6.9% | 5 |
| 2020s | 0.8% | -9.5% | 4.9% | 5 |
Countries ranked near Bermuda
More economy & growth data for Bermuda
- Services, value added (constant 2015 US$), annual growth rate 1.77 % change on previous year (2024)
- Gross value added at basic prices (GVA) (current US$), annual growth 6.98 % change on previous year (2024)
- GDP deflator (base year varies by country), annual growth rate 4.9 % change on previous year (2024)
- Services, value added (constant LCU), per capita 99,336 constant LCU per person (2024)
- Services, value added (constant 2015 US$), per capita 106,029 constant 2015 US$ per person (2024)
- Services, value added (constant 2015 US$), per unit of GDP 0.7454 constant 2015 US$ per US$ of GDP (2024)
- Services, value added (current LCU), per unit of GDP 0.9131 current LCU per US$ of GDP (2024)
- Services, value added (current US$), per capita 129,888 current US$ per person (2024)
- Services, value added (current LCU), annual growth rate 6.68 % change on previous year (2024)
- Gross value added at basic prices (GVA) (current US$), per unit of GDP 0.9638 current US$ per US$ of GDP (2024)
Frequently asked questions
- What is households and npishs final consumption expenditure in Bermuda?
- Households and npishs final consumption expenditure in Bermuda was 1.5% in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest households and npishs final consumption expenditure recorded in Bermuda?
- The highest recorded value was 6.9% in 2016.
- What is the lowest households and npishs final consumption expenditure recorded in Bermuda?
- The lowest recorded value was -9.5% in 2020.
- How does Bermuda rank for households and npishs final consumption expenditure?
- Bermuda ranks 136th out of 177 countries with data for 2024.
- Is households and npishs final consumption expenditure rising or falling in Bermuda?
- Over the last ten years it is up 82.2%. The long-run trend across the full record is volatile.
- 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 Households and NPISHs Final consumption expenditure (annual % growth). Statizoid updates them automatically from the source API.
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About this data
This field includes expenditure on goods and services by the Household and NPISH sector for the direct satisfaction of human needs or wants, whether individual or collective. This indicator denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.