Bermuda: Government spending, percent of GDP

* indicates monthly or quarterly data series

Government spending as percent of GDP

 Latest value 12.34
 Year 2022
 Measure percent
 Data availability 2010 - 2022
 Average 12.80
 Min - Max 11.63 - 14.11
 Source The World Bank
For that indicator, we provide data for Bermuda from 2010 to 2022. The average value for Bermuda during that period was 12.8 percent with a minimum of 11.63 percent in 2017 and a maximum of 14.11 percent in 2012. The latest value from 2022 is 12.34 percent. For comparison, the world average in 2022 based on 143 countries is 16.25 percent. See the global rankings for that indicator or use the country comparator to compare trends over time.
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* indicates monthly or quarterly data series

Recent values chart
Bermuda - Government spending, percent of GDP - Recent values chart

Historical chart
Bermuda - Government spending, percent of GDP - historical chart - 2010-2022

The government size of Bermuda and other countries is calculated as the total government spending as percent of GDP.
Definition: General government final consumption expenditure (formerly general government consumption) includes all government current expenditures for purchases of goods and services (including compensation of employees). It also includes most expenditures on national defense and security, but excludes government military expenditures that are part of government capital formation.

 Related indicators Latest value Reference Measure
 Government spending, percent of GDP 12.34 2022 percent
 Government spending, in dollars 0.93 2022 billion U.S. dollars
 Government expenditure 0.25 Q3/2023 billion
 Foreign aid 0.09 2004 million U.S. dollars
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