General government final consumption expenditure in Bermuda
Bermuda: General government final consumption expenditure was 818.25 million constant 2015 US$ in 2024. ▼ Falling
General government final consumption expenditure in Bermuda, 2014–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant 2015 US$.
Analysis
The most recent figure for general government final consumption expenditure in Bermuda is 818.25 million constant 2015 US$, measured in 2024.
Compared with earlier readings it is up 1.1% on the previous year and down 2.7% over ten years.
Over the whole period, general government final consumption expenditure in Bermuda peaked at 898.46 million constant 2015 US$ in 2016 and was at its lowest, 807.62 million constant 2015 US$, in 2020.
Bermuda ranks 147th of 167 countries on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 11 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 846.57 million constant 2015 US$ | 815.38 million constant 2015 US$ | 898.46 million constant 2015 US$ | 6 |
| 2020s | 813.43 million constant 2015 US$ | 807.62 million constant 2015 US$ | 818.87 million constant 2015 US$ | 5 |
Countries ranked near Bermuda
- 144 Congo 927.34 million constant 2015 US$ compare
- 145 Montenegro 914.31 million constant 2015 US$ compare
- 146 Maldives 832.50 million constant 2015 US$ compare
- 148 Lesotho 805.47 million constant 2015 US$ compare
- 149 Djibouti 682.23 million constant 2015 US$ compare
- 150 Bhutan 629.82 million constant 2015 US$ compare
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 general government final consumption expenditure in Bermuda?
- General government final consumption expenditure in Bermuda was 818.25 million constant 2015 US$ in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest general government final consumption expenditure recorded in Bermuda?
- The highest recorded value was 898.46 million constant 2015 US$ in 2016.
- What is the lowest general government final consumption expenditure recorded in Bermuda?
- The lowest recorded value was 807.62 million constant 2015 US$ in 2020.
- How does Bermuda rank for general government final consumption expenditure?
- Bermuda ranks 147th out of 167 countries with data for 2024.
- Is general government final consumption expenditure rising or falling in Bermuda?
- Over the last ten years it is down 2.7%. 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 General government final consumption expenditure (constant 2015 US$). 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. General government FCE includes all government current expenditures for purchases of goods and services (including compensation of employees), and most expenditures on national defense and security, but excludes government military expenditures that are part of government capital formation. 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 2015. This indicator is expressed in United States dollars.