Households and NPISHs Final consumption expenditure in Bermuda
Bermuda: Households and NPISHs Final consumption expenditure was 3.32 billion constant LCU in 2024. ▼ Falling
Households and NPISHs Final consumption expenditure in Bermuda, 2014–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant LCU.
Analysis
Bermuda recorded 3.32 billion constant LCU for households and npishs final consumption expenditure in 2024.
Compared with earlier readings it is up 1.5% on the previous year and down 0.5% over ten years.
Over the whole period, households and npishs final consumption expenditure in Bermuda peaked at 3.60 billion constant LCU in 2016 and was at its lowest, 2.91 billion constant LCU, in 2020.
That places Bermuda 168th out of 178 countries with data for 2024, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 11 years of available data.
Households and NPISHs Final consumption expenditure in Bermuda, year by year
| Year | constant LCU | Change |
|---|---|---|
| 2014 | 3.34 billion constant LCU | — |
| 2015 | 3.37 billion constant LCU | +0.8% |
| 2016 | 3.60 billion constant LCU | +6.9% |
| 2017 | 3.39 billion constant LCU | -5.7% |
| 2018 | 3.26 billion constant LCU | -3.8% |
| 2019 | 3.21 billion constant LCU | -1.6% |
| 2020 | 2.91 billion constant LCU | -9.5% |
| 2021 | 3.01 billion constant LCU | +3.5% |
| 2022 | 3.12 billion constant LCU | +3.7% |
| 2023 | 3.27 billion constant LCU | +4.9% |
| 2024 | 3.32 billion constant LCU | +1.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 3.36 billion constant LCU | 3.21 billion constant LCU | 3.60 billion constant LCU | 6 |
| 2020s | 3.12 billion constant LCU | 2.91 billion constant LCU | 3.32 billion constant LCU | 5 |
Countries ranked near Bermuda
- 165 Belize 3.54 billion constant LCU compare
- 166 Guam 3.45 billion constant LCU compare
- 167 Papua New Guinea 3.34 billion constant LCU
- 169 United States Virgin Islands 2.46 billion constant LCU compare
- 170 Samoa 1.89 billion constant LCU compare
- 171 East Timor 1.25 billion constant LCU compare
More economy & growth data for Bermuda
- GDP (current LCU), per capita 142,250 current LCU per person (2024)
- Gross domestic savings (current LCU), per capita 63,986 current LCU per person (2024)
- GDP (constant 2015 US$), per capita 116,514 constant 2015 US$ per person (2024)
- GDP (constant 2015 US$), per unit of GDP 0.8191 constant 2015 US$ per US$ of GDP (2024)
- GDP (constant 2015 US$), annual growth rate 1.89 % change on previous year (2024)
- GDP (current LCU), annual growth rate 6.88 % change on previous year (2024)
- GDP (current US$), annual growth rate 6.88 % change on previous year (2024)
- GDP (current US$), per capita 142,250 current US$ per person (2024)
- GDP (constant LCU), annual growth rate 1.89 % change on previous year (2024)
- GDP (current LCU), per unit of GDP 1 current LCU 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 3.32 billion constant LCU 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 3.60 billion constant LCU in 2016.
- What is the lowest households and npishs final consumption expenditure recorded in Bermuda?
- The lowest recorded value was 2.91 billion constant LCU in 2020.
- How does Bermuda rank for households and npishs final consumption expenditure?
- Bermuda ranks 168th out of 178 countries with data for 2024.
- Is households and npishs final consumption expenditure rising or falling in Bermuda?
- Over the last ten years it is down 0.5%. 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 Households and NPISHs Final consumption expenditure (constant LCU). 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 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.