Households and NPISHs Final consumption expenditure per capita, PPP in Bermuda
Bermuda: Households and NPISHs Final consumption expenditure per capita, PPP was 36,813 current international $ in 2021. ▲ Rising
Households and NPISHs Final consumption expenditure per capita, PPP in Bermuda, 2011–2021
Source: International Comparison Program (ICP), World Bank (WB), note: This information is for PPP conversion factors., publisher: International Comparison Program (ICP), date published: May 30, 2024. Measured in current international $.
Analysis
The most recent figure for households and npishs final consumption expenditure per capita, ppp in Bermuda is 36,813 current international $, measured in 2021. That is the highest value across all 11 years on record.
That represents a change of up 8.7% on the previous year and up 37.2% over ten years.
Over the whole period, households and npishs final consumption expenditure per capita, ppp in Bermuda peaked at 36,813 current international $ in 2021 and was at its lowest, 26,841 current international $, in 2011.
Bermuda ranks 12th of 182 countries on this measure, in the top 10%.
The long-run direction has been consistently rising across the 11 years of available data.
Households and NPISHs Final consumption expenditure per capita, PPP in Bermuda, year by year
| Year | current international $ | Change |
|---|---|---|
| 2011 | 26,841 current international $ | — |
| 2012 | 27,843 current international $ | +3.7% |
| 2013 | 28,054 current international $ | +0.8% |
| 2014 | 28,643 current international $ | +2.1% |
| 2015 | 30,290 current international $ | +5.8% |
| 2016 | 32,503 current international $ | +7.3% |
| 2017 | 34,230 current international $ | +5.3% |
| 2018 | 34,190 current international $ | -0.1% |
| 2019 | 35,691 current international $ | +4.4% |
| 2020 | 33,882 current international $ | -5.1% |
| 2021 | 36,813 current international $ | +8.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 30,921 current international $ | 26,841 current international $ | 35,691 current international $ | 9 |
| 2020s | 35,348 current international $ | 33,882 current international $ | 36,813 current international $ | 2 |
Countries ranked near Bermuda
- 9 United Kingdom of Great Britain and Northern Ireland 37,689 current international $ compare
- 10 Iceland 37,615 current international $ compare
- 11 Macau, China 37,106 current international $ compare
- 13 Netherlands 36,618 current international $ compare
- 14 Belgium 36,446 current international $ compare
- 15 Australia 35,629 current international $ compare
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 per capita, ppp in Bermuda?
- Households and npishs final consumption expenditure per capita, ppp in Bermuda was 36,813 current international $ in 2021, according to International Comparison Program (ICP), World Bank (WB), note: This information is for PPP conversion factors., publisher: International Comparison Program (ICP), date published: May 30, 2024.
- What is the highest households and npishs final consumption expenditure per capita, ppp recorded in Bermuda?
- The highest recorded value was 36,813 current international $ in 2021.
- What is the lowest households and npishs final consumption expenditure per capita, ppp recorded in Bermuda?
- The lowest recorded value was 26,841 current international $ in 2011.
- How does Bermuda rank for households and npishs final consumption expenditure per capita, ppp?
- Bermuda ranks 12th out of 182 countries with data for 2021.
- Is households and npishs final consumption expenditure per capita, ppp rising or falling in Bermuda?
- Over the last ten years it is up 37.2%. The long-run trend across the full record is rising.
- Where does this Bermuda data come from?
- The figures come from International Comparison Program (ICP), World Bank (WB), note: This information is for PPP conversion factors., publisher: International Comparison Program (ICP), date published: May 30, 2024, published as part of Households and NPISHs Final consumption expenditure per capita, PPP (current international $). Statizoid updates them automatically from the source API.
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About this data
This indicator provides values for final consumption expenditure per person expressed in current international dollars, converted by purchasing power parities (PPPs). PPPs account for the different price levels across countries and thus PPP-based comparisons of economic output are more appropriate for comparing the output of economies and the average material well-being of their inhabitants than exchange-rate based comparisons. Households and NPISHs final consumption expenditure 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 series has been linked to produce a consistent time series to counteract breaks in series over time due to changes in base years, source data and methodologies. Thus, it may not be comparable with other national accounts series in the database for historical years. The core indicator has been divided by the general population to achieve a per capita estimate. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. The PPP conversion factor is a currency conversion factor and a spatial price deflator. PPPs convert different currencies to a common currency and, in the process of conversion, equalize their purchasing power by eliminating the differences in price levels between countries, thereby allowing volume or output comparisons of GDP and its expenditure components.