Share of household consumption in GDP vs. GDP per capita in Bermuda
Bermuda: Share of household consumption in GDP vs. GDP per capita was 69.9% in 2023. ▼ Falling
Share of household consumption in GDP vs. GDP per capita in Bermuda, 1970–2023
Source: Feenstra et al. - Penn World Table (2025) – with major processing by Our World in Data. Measured in % of GDP.
Analysis
Bermuda recorded 69.9% for share of household consumption in gdp vs. gdp per capita in 2023.
The figure is down 6.0% on the previous year and up 1.3% over ten years.
Over the whole period, share of household consumption in gdp vs. gdp per capita in Bermuda peaked at 119.4% in 1970 and was at its lowest, 50.7%, in 2011.
Bermuda ranks 57th of 184 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 29 years of available data.
Share of household consumption in GDP vs. GDP per capita in Bermuda, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1970 | 119.4% | — |
| 1971 | 63.7% | -46.7% |
| 1972 | 79.4% | +24.5% |
| 1973 | 82.4% | +3.9% |
| 1974 | 103.4% | +25.4% |
| 1975 | 98.7% | -4.6% |
| 1976 | 84.6% | -14.2% |
| 1977 | 94.9% | +12.2% |
| 1978 | 96.1% | +1.2% |
| 1979 | 99.9% | +4.0% |
| 2005 | 66.3% | -33.7% |
| 2006 | 63.2% | -4.7% |
| 2007 | 65.0% | +2.8% |
| 2008 | 55.2% | -15.0% |
| 2009 | 54.4% | -1.5% |
| 2010 | 51.9% | -4.5% |
| 2011 | 50.7% | -2.4% |
| 2012 | 62.2% | +22.8% |
| 2013 | 69.0% | +10.9% |
| 2014 | 69.0% | -0.1% |
| 2015 | 75.8% | +9.8% |
| 2016 | 81.3% | +7.3% |
| 2017 | 81.9% | +0.8% |
| 2018 | 78.2% | -4.5% |
| 2019 | 74.2% | -5.1% |
| 2020 | 66.5% | -10.4% |
| 2021 | 68.0% | +2.2% |
| 2022 | 74.4% | +9.5% |
| 2023 | 69.9% | -6.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 92.3% | 63.7% | 119.4% | 10 |
| 2000s | 60.8% | 54.4% | 66.3% | 5 |
| 2010s | 69.4% | 50.7% | 81.9% | 10 |
| 2020s | 69.7% | 66.5% | 74.4% | 4 |
Countries ranked near Bermuda
- 54 Albania 70.7% compare
- 55 United States of America 70.6% compare
- 56 Hong Kong, China 70.1% compare
- 58 Saint Kitts and Nevis 69.7% compare
- 59 Nicaragua 69.5% compare
- 60 Cape Verde 69.5% compare
More economy & growth data for Bermuda
- Manufacturing, value added (constant LCU), per capita 427.72 constant LCU per person (2024)
- Industry (including construction), value added (constant 2015 US$) 4.66 % change on previous year (2024)
- Industry (including construction), value added (current LCU), per 6,965 current LCU per person (2024)
- Industry (including construction), value added (current LCU), per 0.049 current LCU per US$ of GDP (2024)
- Industry (including construction), value added (current LCU), annual 13.18 % change on previous year (2024)
- Industry (including construction), value added (current US$), per 6,965 current US$ per person (2024)
- Industry (including construction), value added (current US$), per 0.049 current US$ per US$ of GDP (2024)
- Industry (including construction), value added (current US$), annual 13.18 % change on previous year (2024)
- Manufacturing, value added (current US$), per capita 441.32 current US$ per person (2024)
- Manufacturing, value added (current LCU), per unit of GDP 0.0031 current LCU per US$ of GDP (2024)
Frequently asked questions
- What is share of household consumption in gdp vs. gdp per capita in Bermuda?
- Share of household consumption in gdp vs. gdp per capita in Bermuda was 69.9% in 2023, according to Feenstra et al. - Penn World Table (2025) – with major processing by Our World in Data.
- What is the highest share of household consumption in gdp vs. gdp per capita recorded in Bermuda?
- The highest recorded value was 119.4% in 1970.
- What is the lowest share of household consumption in gdp vs. gdp per capita recorded in Bermuda?
- The lowest recorded value was 50.7% in 2011.
- How does Bermuda rank for share of household consumption in gdp vs. gdp per capita?
- Bermuda ranks 57th out of 184 countries with data for 2023.
- Is share of household consumption in gdp vs. gdp per capita rising or falling in Bermuda?
- Over the last ten years it is up 1.3%. The long-run trend across the full record is falling.
- Where does this Bermuda data come from?
- The figures come from Feenstra et al. - Penn World Table (2025) – with major processing by Our World in Data, published as part of Share of household consumption in GDP vs. GDP per capita. Statizoid updates them automatically from the source API.
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About this data
Household consumption divided by gross domestic product, expressed as a percentage.