GDP consumption % in Bermuda stood at 55.02% in 2024, according to World Bank. The latest value is down 1.48 percentage points from 56.5% in 2023. Ten years earlier, in 2014, the value was 61.83% (down 6.81 percentage points since). The latest value is the lowest since 2010; the highest was 63.53% in 2011. Bermuda ranked 163rd highest of the 170 countries in this dataset in 2024; Kiribati ranked first.
Data source: World Bank · Unit: % · Category: Macroeconomics · Explore more indicators on EconDash
GDP consumption %, measured in %, measures the total economic output of Bermuda. It represents the broadest indicator of economic activity, capturing production, income, and expenditure across all sectors — from manufacturing and services to agriculture and government. GDP can be calculated three ways: by adding up all expenditures (consumption + investment + government spending + net exports), by summing all incomes earned, or by totaling value added at each production stage. In Bermuda, the statistical agency compiles GDP data through comprehensive surveys of businesses, government records, and household expenditure patterns. While GDP per capita provides insight into average living standards, it does not capture income distribution, environmental costs, or unpaid work like caregiving. Nevertheless, GDP growth remains the most widely followed metric for assessing whether an economy is expanding or contracting.
GDP consumption % in Bermuda stood at 55.02% in 2024, according to World Bank.
The latest value is down 1.48 percentage points from 56.5% in 2023. Ten years earlier, in 2014, the value was 61.83% (down 6.81 percentage points since).
Bermuda ranked 163rd highest of the 170 countries in this dataset in 2024; Kiribati ranked first.
The latest value is the lowest since 2010; the highest was 63.53% in 2011.
| Indicator | GDP consumption % |
|---|---|
| Country | Bermuda |
| Category | Macroeconomics |
| Unit | % |
| Source | World Bank |
| Interactive chart | View on EconDash |
| API access | EconDash API documentation |
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World Bank. (2026). GDP consumption % — Bermuda [Data set]. Retrieved November 13, 2026, from EconDash: https://econdash.org/chart/gdp-consumption-percent/BMU. Original source: https://data.worldbank.org/indicator/NE.CON.TOTL.ZS
World Bank. "GDP consumption % — Bermuda." EconDash, 2026, https://econdash.org/chart/gdp-consumption-percent/BMU. Accessed 13 Nov. 2026. Original source: https://data.worldbank.org/indicator/NE.CON.TOTL.ZS.
World Bank. 2026. "GDP consumption % — Bermuda." EconDash. Accessed November 13, 2026. https://econdash.org/chart/gdp-consumption-percent/BMU. Original source: https://data.worldbank.org/indicator/NE.CON.TOTL.ZS.
@misc{econdash_gdp_consumption_percent_bmu,
author = {{World Bank}},
title = {{GDP consumption \% --- Bermuda}},
howpublished = {EconDash},
year = {2026},
url = {https://econdash.org/chart/gdp-consumption-percent/BMU},
note = {Accessed: 2026-11-13. Original source: https://data.worldbank.org/indicator/NE.CON.TOTL.ZS}
}Browse indicators available for Bermuda. Click any indicator to view its interactive chart, compare with other countries, and download historical data.
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