General government final consumption expenditure in Bermuda
Bermuda: General government final consumption expenditure was 985.40 million current LCU in 2024. ▲ Rising
General government final consumption expenditure in Bermuda, 2010–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current LCU.
Analysis
The most recent figure for general government final consumption expenditure in Bermuda is 985.40 million current LCU, measured in 2024. That is the highest value across all 15 years on record.
The figure is up 4.4% on the previous year and up 19.7% over ten years.
Over the whole period, general government final consumption expenditure in Bermuda peaked at 985.40 million current LCU in 2024 and was at its lowest, 823.23 million current LCU, in 2014.
Bermuda ranks 178th of 186 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 15 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 866.60 million current LCU | 823.23 million current LCU | 916.65 million current LCU | 10 |
| 2020s | 924.44 million current LCU | 876.40 million current LCU | 985.40 million current LCU | 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 general government final consumption expenditure in Bermuda?
- General government final consumption expenditure in Bermuda was 985.40 million current LCU 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 985.40 million current LCU in 2024.
- What is the lowest general government final consumption expenditure recorded in Bermuda?
- The lowest recorded value was 823.23 million current LCU in 2014.
- How does Bermuda rank for general government final consumption expenditure?
- Bermuda ranks 178th out of 186 countries with data for 2024.
- Is general government final consumption expenditure rising or falling in Bermuda?
- Over the last ten years it is up 19.7%. The long-run trend across the full record is rising.
- 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 (current LCU). Statizoid updates them automatically from the source API.
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CSV · JSON — 15 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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 current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.