Final consumption expenditure in Bermuda
Bermuda: Final consumption expenditure was 55.0% in 2024. ▼ Falling
Final consumption expenditure in Bermuda, 2010–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in % of GDP.
Analysis
The most recent figure for final consumption expenditure in Bermuda is 55.0%, measured in 2024. That is the lowest value across all 15 years on record.
The figure is down 2.6% on the previous year and down 11.0% over ten years.
Over the whole period, final consumption expenditure in Bermuda peaked at 63.5% in 2011 and was at its lowest, 55.0%, in 2024.
Bermuda ranks 176th of 187 countries on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 15 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 61.6% | 60.4% | 63.5% | 10 |
| 2020s | 58.8% | 55.0% | 62.5% | 5 |
Countries ranked near Bermuda
More economy & growth data for Bermuda
- Exports of goods and services 3.99 billion constant 2015 US$ (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 4.9% (2024)
- Gross national expenditure 66.1% (2024)
- Exports of goods and services 5.07 billion current US$ (2024)
- Exports of goods and services 5.07 billion current LCU (2024)
- Gross fixed capital formation 1.01 billion current LCU (2024)
- Gross fixed capital formation 1.01 billion current US$ (2024)
Frequently asked questions
- What is final consumption expenditure in Bermuda?
- Final consumption expenditure in Bermuda was 55.0% in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest final consumption expenditure recorded in Bermuda?
- The highest recorded value was 63.5% in 2011.
- What is the lowest final consumption expenditure recorded in Bermuda?
- The lowest recorded value was 55.0% in 2024.
- How does Bermuda rank for final consumption expenditure?
- Bermuda ranks 176th out of 187 countries with data for 2024.
- Is final consumption expenditure rising or falling in Bermuda?
- Over the last ten years it is down 11.0%. 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 Final consumption expenditure (% of GDP). Statizoid updates them automatically from the source API.
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About this data
Final consumption expenditure is expenditure on goods and services by resident institutional units for the direct satisfaction of human needs or wants, whether individual or collective. Final consumption expenditure can be measured for households, general government, the central bank and non-profit institutions serving households. 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.