Households and NPISHs Final consumption expenditure, PPP in Bermuda
Bermuda: Households and NPISHs Final consumption expenditure, PPP was 2.63 billion constant 2021 international $ in 2024. ▼ Falling
Households and NPISHs Final consumption expenditure, PPP in Bermuda, 2014–2024
Source: International Comparison Program (ICP), World Bank (WB). Measured in constant 2021 international $.
Analysis
In 2024, households and npishs final consumption expenditure, ppp in Bermuda stood at 2.63 billion constant 2021 international $.
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, ppp in Bermuda peaked at 2.85 billion constant 2021 international $ in 2016 and was at its lowest, 2.30 billion constant 2021 international $, in 2020.
That places Bermuda 157th out of 170 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, PPP in Bermuda, year by year
| Year | constant 2021 international $ | Change |
|---|---|---|
| 2014 | 2.64 billion constant 2021 international $ | — |
| 2015 | 2.67 billion constant 2021 international $ | +0.8% |
| 2016 | 2.85 billion constant 2021 international $ | +6.9% |
| 2017 | 2.69 billion constant 2021 international $ | -5.7% |
| 2018 | 2.58 billion constant 2021 international $ | -3.8% |
| 2019 | 2.54 billion constant 2021 international $ | -1.6% |
| 2020 | 2.30 billion constant 2021 international $ | -9.5% |
| 2021 | 2.38 billion constant 2021 international $ | +3.5% |
| 2022 | 2.47 billion constant 2021 international $ | +3.7% |
| 2023 | 2.59 billion constant 2021 international $ | +4.9% |
| 2024 | 2.63 billion constant 2021 international $ | +1.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 2.66 billion constant 2021 international $ | 2.54 billion constant 2021 international $ | 2.85 billion constant 2021 international $ | 6 |
| 2020s | 2.47 billion constant 2021 international $ | 2.30 billion constant 2021 international $ | 2.63 billion constant 2021 international $ | 5 |
Countries ranked near Bermuda
- 154 Timor-Leste 3.02 billion constant 2021 international $ compare
- 155 United States Virgin Islands 2.89 billion constant 2021 international $ compare
- 156 Comoros 2.68 billion constant 2021 international $ compare
- 158 Seychelles 2.28 billion constant 2021 international $ compare
- 159 Solomon Islands 1.39 billion constant 2021 international $ compare
- 160 Sao Tome and Principe 1.36 billion constant 2021 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, ppp in Bermuda?
- Households and npishs final consumption expenditure, ppp in Bermuda was 2.63 billion constant 2021 international $ in 2024, according to International Comparison Program (ICP), World Bank (WB).
- What is the highest households and npishs final consumption expenditure, ppp recorded in Bermuda?
- The highest recorded value was 2.85 billion constant 2021 international $ in 2016.
- What is the lowest households and npishs final consumption expenditure, ppp recorded in Bermuda?
- The lowest recorded value was 2.30 billion constant 2021 international $ in 2020.
- How does Bermuda rank for households and npishs final consumption expenditure, ppp?
- Bermuda ranks 157th out of 170 countries with data for 2024.
- Is households and npishs final consumption expenditure, ppp 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 International Comparison Program (ICP), World Bank (WB), published as part of Households and NPISHs Final consumption expenditure, PPP (constant 2021 international $). Statizoid updates them automatically from the source API.
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About this data
This indicator provides values for final consumption expenditure expressed in constant 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 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 is 2021. 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.