Households and NPISHs Final consumption expenditure per capita, PPP in Bermuda
Bermuda: Households and NPISHs Final consumption expenditure per capita, PPP was 40,684 constant 2021 international $ in 2024. ▼ Falling
Households and NPISHs Final consumption expenditure per capita, PPP in Bermuda, 2014–2024
Source: International Comparison Program (ICP), World Bank (WB), note: This information is for PPP conversion factors., publisher: International Comparison Program (ICP), date published: May 30, 2024. Measured in constant 2021 international $.
Analysis
Bermuda recorded 40,684 constant 2021 international $ for households and npishs final consumption expenditure per capita, ppp in 2024.
That represents a change of up 1.6% on the previous year and down 2.2% over ten years.
Over the whole period, households and npishs final consumption expenditure per capita, ppp in Bermuda peaked at 44,887 constant 2021 international $ in 2016 and was at its lowest, 35,727 constant 2021 international $, in 2020.
That places Bermuda 3rd out of 169 countries with data for 2024, putting it in the top 10%.
The long-run direction has been consistently falling across the 11 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 41,813 constant 2021 international $ | 39,645 constant 2021 international $ | 44,887 constant 2021 international $ | 6 |
| 2020s | 38,276 constant 2021 international $ | 35,727 constant 2021 international $ | 40,684 constant 2021 international $ | 5 |
Countries ranked near Bermuda
- 1 United States 51,564 constant 2021 international $ compare
- 2 Hong Kong 41,249 constant 2021 international $ compare
- 4 Luxembourg 39,202 constant 2021 international $ compare
- 5 Switzerland 35,998 constant 2021 international $ compare
- 6 Norway 35,680 constant 2021 international $ compare
More economy & growth data for Bermuda
- Exports of goods and services 11.0% (2024)
- Gross national expenditure 6.07 billion current LCU (2024)
- Gross national expenditure 4.88 billion constant 2015 US$ (2024)
- Services, value added 8.40 billion current US$ (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)
- Exports of goods and services 3.99 billion constant 2015 US$ (2024)
- Gross fixed capital formation 872.17 million constant 2015 US$ (2024)
- Gross fixed capital formation 1.01 billion current LCU (2024)
Frequently asked questions
- What is households and npishs final consumption expenditure per capita, ppp in Bermuda?
- Households and npishs final consumption expenditure per capita, ppp in Bermuda was 40,684 constant 2021 international $ in 2024, according to International Comparison Program (ICP), World Bank (WB), note: This information is for PPP conversion factors., publisher: International Comparison Program (ICP), date published: May 30, 2024.
- What is the highest households and npishs final consumption expenditure per capita, ppp recorded in Bermuda?
- The highest recorded value was 44,887 constant 2021 international $ in 2016.
- What is the lowest households and npishs final consumption expenditure per capita, ppp recorded in Bermuda?
- The lowest recorded value was 35,727 constant 2021 international $ in 2020.
- How does Bermuda rank for households and npishs final consumption expenditure per capita, ppp?
- Bermuda ranks 3rd out of 169 countries with data for 2024.
- Is households and npishs final consumption expenditure per capita, ppp rising or falling in Bermuda?
- Over the last ten years it is down 2.2%. The long-run trend across the full record is falling.
- Where does this Bermuda data come from?
- The figures come from International Comparison Program (ICP), World Bank (WB), note: This information is for PPP conversion factors., publisher: International Comparison Program (ICP), date published: May 30, 2024, published as part of Households and NPISHs Final consumption expenditure per capita, PPP (constant 2021 international $). Statizoid updates them automatically from the source API.
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About this data
This indicator provides values for final consumption expenditure per person expressed in constant international dollars, converted by purchasing power parities (PPPs). PPPs account for the different price levels across countries and thus PPP-based comparisons of economic output are more appropriate for comparing the output of economies and the average material well-being of their inhabitants than exchange-rate based comparisons. Households and NPISHs final consumption expenditure includes expenditure on goods and services by the Household and NPISH sector for the direct satisfaction of human needs or wants, whether individual or collective. The core indicator has been divided by the general population to achieve a per capita estimate. 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 2021. The PPP conversion factor is a currency conversion factor and a spatial price deflator. PPPs convert different currencies to a common currency and, in the process of conversion, equalize their purchasing power by eliminating the differences in price levels between countries, thereby allowing volume or output comparisons of GDP and its expenditure components.