PPP conversion factor, households and NPISHs Final consumption expendi in Bermuda
Bermuda: PPP conversion factor, households and NPISHs Final consumption expendi was 1.44 LCU per international $ in 2021. ▼ Falling
PPP conversion factor, households and NPISHs Final consumption expendi in Bermuda, 2011–2021
Source: International Comparison Program (ICP), World Bank (WB). Measured in LCU per international $.
Analysis
In 2021, ppp conversion factor, households and npishs final consumption expendi in Bermuda stood at 1.44 LCU per international $. That is the lowest value across all 11 years on record.
Compared with earlier readings it is down 4.4% on the previous year and down 21.1% over ten years.
Over the whole period, ppp conversion factor, households and npishs final consumption expendi in Bermuda peaked at 1.83 LCU per international $ in 2011 and was at its lowest, 1.44 LCU per international $, in 2021.
That places Bermuda 140th out of 205 countries with data for 2021, putting it in the middle of the range.
The long-run direction has been consistently falling across the 11 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 1.69 LCU per international $ | 1.56 LCU per international $ | 1.83 LCU per international $ | 9 |
| 2020s | 1.47 LCU per international $ | 1.44 LCU per international $ | 1.51 LCU per international $ | 2 |
Countries ranked near Bermuda
- 137 New Zealand 1.53 LCU per international $ compare
- 138 Aruba 1.51 LCU per international $ compare
- 139 Australia 1.46 LCU per international $ compare
- 141 Malaysia 1.43 LCU per international $ compare
- 142 Curacao 1.41 LCU per international $ compare
- 143 Turks and Caicos Islands 1.32 LCU per international $ 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 ppp conversion factor, households and npishs final consumption expendi in Bermuda?
- Ppp conversion factor, households and npishs final consumption expendi in Bermuda was 1.44 LCU per international $ in 2021, according to International Comparison Program (ICP), World Bank (WB).
- What is the highest ppp conversion factor, households and npishs final consumption expendi recorded in Bermuda?
- The highest recorded value was 1.83 LCU per international $ in 2011.
- What is the lowest ppp conversion factor, households and npishs final consumption expendi recorded in Bermuda?
- The lowest recorded value was 1.44 LCU per international $ in 2021.
- How does Bermuda rank for ppp conversion factor, households and npishs final consumption expendi?
- Bermuda ranks 140th out of 205 countries with data for 2021.
- Is ppp conversion factor, households and npishs final consumption expendi rising or falling in Bermuda?
- Over the last ten years it is down 21.1%. 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), published as part of PPP conversion factor, households and NPISHs Final consumption expenditure (LCU per international $). Statizoid updates them automatically from the source API.
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About this data
The purchasing power parity (PPP) conversion factor is a currency conversion factor and a spatial price deflator. They 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 gross domestic product (GDP) and its expenditure components. This conversion factor is for households and NPISHs Final consumption expenditure and the base currency is the US dollar.