Bermuda: Household consumption, percent of GDP

* indicates monthly or quarterly data series

Household consumption as percent of GDP

 Latest value 47.19
 Year 2022
 Measure percent
 Data availability 2010 - 2022
 Average 48.40
 Min - Max 47.05 - 49.49
 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 48.4 percent with a minimum of 47.05 percent in 2021 and a maximum of 49.49 percent in 2011. The latest value from 2022 is 47.19 percent. For comparison, the world average in 2022 based on 154 countries is 63.39 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 - Household consumption, percent of GDP - Recent values chart

Historical chart
Bermuda - Household consumption, percent of GDP - historical chart - 2010-2022

Definition: Household final consumption expenditure (formerly private consumption) is the market value of all goods and services, including durable products (such as cars, washing machines, and home computers), purchased by households. It excludes purchases of dwellings but includes imputed rent for owner-occupied dwellings. It also includes payments and fees to governments to obtain permits and licenses. Here, household consumption expenditure includes the expenditures of nonprofit institutions serving households, even when reported separately by the country. This item also includes any statistical discrepancy in the use of resources relative to the supply of resources.

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 Related indicators Latest value Reference Measure
 Capital investment, percent of GDP 12.53 2022 percent
 Capital investment, in dollars 0.95 2022 billion U.S. dollars
 Household consumption, percent of GDP 47.19 2022 percent
 Household consumption, in dollars 3.69 2022 billion U.S. dollars
 Household consumption 0.98 Q3/2023 billion
 Consumption as percent of GDP 50.19 Q3/2023 percent
 Consumption growth 4.22 Q3/2023 percent
 Investment 0.24 Q3/2023 billion
 Investment as percent of GDP 12.22 Q3/2023 percent
 Investment growth 0.84 Q3/2023 percent
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