Households and NPISHs final consumption expenditure in Bermuda
Bermuda: Households and NPISHs final consumption expenditure was 44.3% in 2024. ▼ Falling
Households and NPISHs final consumption expenditure in Bermuda, 2010–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in % of GDP.
Analysis
In 2024, households and npishs final consumption expenditure in Bermuda stood at 44.3%. That is the lowest value across all 15 years on record.
The figure is down 2.7% on the previous year and down 9.6% over ten years.
Over the whole period, households and npishs final consumption expenditure in Bermuda peaked at 50.6% in 2022 and was at its lowest, 44.3%, in 2024.
Bermuda ranks 168th of 190 countries on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 15 years of available data.
Households and NPISHs final consumption expenditure in Bermuda, year by year
| Year | % of GDP | Change |
|---|---|---|
| 2010 | 47.8% | — |
| 2011 | 49.5% | +3.5% |
| 2012 | 48.8% | -1.5% |
| 2013 | 48.5% | -0.5% |
| 2014 | 49.0% | +1.0% |
| 2015 | 48.7% | -0.7% |
| 2016 | 48.8% | +0.3% |
| 2017 | 49.2% | +0.8% |
| 2018 | 48.8% | -0.8% |
| 2019 | 48.2% | -1.2% |
| 2020 | 47.7% | -0.9% |
| 2021 | 47.1% | -1.4% |
| 2022 | 50.6% | +7.6% |
| 2023 | 45.5% | -10.1% |
| 2024 | 44.3% | -2.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 48.7% | 47.8% | 49.5% | 10 |
| 2020s | 47.1% | 44.3% | 50.6% | 5 |
Countries ranked near Bermuda
More economy & growth data for Bermuda
- Imports of goods and services (constant 2015 US$), annual growth rate 4.57 % change on previous year (2024)
- Imports of goods and services (current US$), per unit of GDP 0.2506 current US$ per US$ of GDP (2024)
- Imports of goods and services (current US$), per capita 35,647 current US$ per person (2024)
- Imports of goods and services (current LCU), annual growth rate 7.63 % change on previous year (2024)
- Imports of goods and services (current LCU), per unit of GDP 0.2506 current LCU per US$ of GDP (2024)
- Imports of goods and services (current LCU), per capita 35,647 current LCU per person (2024)
- Imports of goods and services (constant 2015 US$), per capita 26,786 constant 2015 US$ per person (2024)
- External balance on goods and services (current LCU), annual growth 15.37 % change on previous year (2024)
- External balance on goods and services (current US$), annual growth 15.37 % change on previous year (2024)
- Imports of goods and services (current US$), annual growth rate 7.63 % change on previous year (2024)
Frequently asked questions
- What is households and npishs final consumption expenditure in Bermuda?
- Households and npishs final consumption expenditure in Bermuda was 44.3% 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 50.6% in 2022.
- What is the lowest households and npishs final consumption expenditure recorded in Bermuda?
- The lowest recorded value was 44.3% in 2024.
- How does Bermuda rank for households and npishs final consumption expenditure?
- Bermuda ranks 168th out of 190 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 9.6%. 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 (% of GDP). Statizoid updates them automatically from the source API.
Download this data
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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 as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.