Discrepancy in expenditure estimate of GDP in Bermuda
Bermuda: Discrepancy in expenditure estimate of GDP was 354.52 million current LCU in 2024. ◆ Volatile
Discrepancy in expenditure estimate of GDP in Bermuda, 2010–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current LCU.
Analysis
Bermuda recorded 354.52 million current LCU for discrepancy in expenditure estimate of gdp in 2024.
The figure is down 6.6% on the previous year and up 1,965.9% over ten years.
Over the whole period, discrepancy in expenditure estimate of gdp in Bermuda peaked at 379.40 million current LCU in 2023 and was at its lowest, -310.88 million current LCU, in 2011.
That places Bermuda 31st out of 185 countries with data for 2024, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | -41.27 million current LCU | -310.88 million current LCU | 52.89 million current LCU | 10 |
| 2020s | 280.21 million current LCU | 64.64 million current LCU | 379.40 million current LCU | 5 |
Countries ranked near Bermuda
- 28 New Zealand 611.00 million current LCU compare
- 29 Tajikistan 433.20 million current LCU compare
- 30 Solomon Islands 355.17 million current LCU compare
- 32 Mozambique 324.38 million current LCU compare
- 33 Canada 118.00 million current LCU compare
- 34 Suriname 49.00 million current LCU compare
More economy & growth data for Bermuda
- Exports of goods and services 5.07 billion current LCU (2024)
- Industry (including construction), value added 4.9% (2024)
- Gross national expenditure 6.07 billion current US$ (2024)
- Gross national expenditure 6.07 billion current LCU (2024)
- Gross national expenditure 4.88 billion constant 2015 US$ (2024)
- Industry (including construction), value added 380.83 million constant LCU (2024)
- Gross national expenditure 66.1% (2024)
- Exports of goods and services 5.07 billion current US$ (2024)
- Gross fixed capital formation 1.01 billion current US$ (2024)
- Exports of goods and services 55.1% (2024)
Frequently asked questions
- What is discrepancy in expenditure estimate of gdp in Bermuda?
- Discrepancy in expenditure estimate of gdp in Bermuda was 354.52 million current LCU in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest discrepancy in expenditure estimate of gdp recorded in Bermuda?
- The highest recorded value was 379.40 million current LCU in 2023.
- What is the lowest discrepancy in expenditure estimate of gdp recorded in Bermuda?
- The lowest recorded value was -310.88 million current LCU in 2011.
- How does Bermuda rank for discrepancy in expenditure estimate of gdp?
- Bermuda ranks 31st out of 185 countries with data for 2024.
- Is discrepancy in expenditure estimate of gdp rising or falling in Bermuda?
- Over the last ten years it is up 1,965.9%. The long-run trend across the full record is volatile.
- 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 Discrepancy in expenditure estimate of GDP (current LCU). Statizoid updates them automatically from the source API.
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About this data
Although the SNA ensures there is perfect consistency between the three measures of GDP, this is a conceptual consistency that in general does not emerge naturally from data compilations. This is because of the wide disparity of data sources that must be called on and the fact that any error in any source will lead to a difference between at least two of the GDP measures. In practice it is inevitable that many such data errors will exist and will become apparent in exercises such as the balancing of supply and use tables. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.