Ppp conversion factor for private consumption in Bermuda
Bermuda: Ppp conversion factor for private consumption was 1.44 in 2021. ▼ Falling
Ppp conversion factor for private consumption in Bermuda, 2011–2021
Source: Our World in Data.
Analysis
Bermuda recorded 1.44 for ppp conversion factor for private consumption in 2021. That is the lowest value across all 11 years on record.
That represents a change of down 4.4% on the previous year and down 21.1% over ten years.
Over the whole period, ppp conversion factor for private consumption in Bermuda peaked at 1.83 in 2011 and was at its lowest, 1.44, in 2021.
That places Bermuda 140th out of 204 countries with data for 2021, putting it in the middle of the range.
The long-run direction has been consistently falling across the 11 years of available data.
Ppp conversion factor for private consumption in Bermuda, year by year
| Year | Value | Change |
|---|---|---|
| 2011 | 1.83 | — |
| 2012 | 1.76 | -3.9% |
| 2013 | 1.76 | +0.2% |
| 2014 | 1.73 | -1.8% |
| 2015 | 1.68 | -2.5% |
| 2016 | 1.63 | -3.0% |
| 2017 | 1.61 | -1.2% |
| 2018 | 1.61 | +0.0% |
| 2019 | 1.56 | -3.2% |
| 2020 | 1.51 | -3.6% |
| 2021 | 1.44 | -4.4% |
Bermuda compared with similar countries
- Bermuda's 1.44 is above the median for high income countries, which is 1.11, 1.3× the median. (77 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 1.69 | 1.56 | 1.83 | 9 |
| 2020s | 1.47 | 1.44 | 1.51 | 2 |
Countries ranked near Bermuda
More economy & growth data for Bermuda
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0128 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net outflows (BoP, current US$), gaps 33.80 million BoP, current US$ (2024)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0037 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net outflows (BoP, current US$), per capita 522.99 BoP, current US$ per person (2024)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 117.84 million BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual -21.86 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 1,823 BoP, current US$ per person (2024)
- General government final consumption expenditure (current LCU) 4.44 % change on previous year (2024)
- General government final consumption expenditure (current US$), per 15,245 current US$ per person (2024)
- General government final consumption expenditure (current US$), per 0.1072 current US$ per US$ of GDP (2024)
Frequently asked questions
- What is ppp conversion factor for private consumption in Bermuda?
- Ppp conversion factor for private consumption in Bermuda was 1.44 in 2021, according to Our World in Data.
- What is the highest ppp conversion factor for private consumption recorded in Bermuda?
- The highest recorded value was 1.83 in 2011.
- What is the lowest ppp conversion factor for private consumption recorded in Bermuda?
- The lowest recorded value was 1.44 in 2021.
- How does Bermuda rank for ppp conversion factor for private consumption?
- Bermuda ranks 140th out of 204 countries with data for 2021.
- Is ppp conversion factor for private consumption rising or falling in Bermuda?
- Over the last ten years it is down 21.1%. The long-run trend across the full record is falling.
- Where does this Bermuda data come from?
- The figures come from Our World in Data, published as part of Ppp conversion factor for private consumption. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 11 observations, free to reuse under CC BY 4.0 (Our World in Data).