Bermuda: Households and NPISHs Final consumption expenditure per capita, PPP (constant 2021 international $)

Key figures

What the numbers say

In 2024, Bermuda's households and NPISHs Final consumption expenditure per capita, PPP (constant 2021 international $) rose 655.65 on 2023 (from 40,028 to 40,684).

Across the 9 yearly changes before that (2015 to 2023), the average change was −174.71 and a typical year strayed about 2,260 from that (the standard deviation). This year's change was 0.4 standard deviations above that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.

On record, the biggest yearly rise was 2,891 in 2016 and the biggest yearly fall was 3,918 in 2020. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.

From 2015 to 2024 the straight-line trend is downward, about 493.46 a year. A straight line explains 31% of the movement over 10 observed years.

Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.

How it compares

In 2024, Bermuda had the 3rd highest value of the 29 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.

Closest to Bermuda in the 2024 ranking

• United States — 1st of 29: 51,564
• New Zealand — 3rd of 29: 26,137
• Japan — 4th of 29: 22,639
• Bahrain — 5th of 29: 20,401

What this measures

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.

Regional and income-group figures are computed by the World Bank as a gap-filled total.

All 11 values

Households and NPISHs Final consumption expenditure per capita, PPP (constant 2021 international $) in nearby economies

• Canada — 30,250 (2025)
• United States — 51,564 (2024)

More economic policy & debt data for Bermuda

• GDP (current US$) — US$9.19 billion (2024)
• GDP (current LCU) — 9.19 billion (2024)
• GDP (constant 2015 US$) — US$7.53 billion (2024)
• GDP (constant LCU) — 7.1 billion (2024)
• GDP per capita (current US$) — US$142,250 (2024)
• GDP per capita (current LCU) — 142,250 (2024)
• GDP per capita (constant 2015 US$) — US$116,514 (2024)
• GDP per capita (constant LCU) — 109,864 (2024)
• GDP (annual % growth) — 1.89% (2024)
• GDP per capita (annual % growth) — 1.99% (2024)
• Adjusted savings, education expenditure (% of GNI)

Reading data like this

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Questions people ask

What is Bermuda's households and NPISHs Final consumption expenditure per capita, PPP (constant 2021 international $)?

40,684 in 2024, according to the World Bank (World Development Indicators).

How has it changed since 2014?

It is down 2.2% from 41,601 in 2014 (0.22% a year on average, compounded). The highest value was 44,887 in 2016 and the lowest 35,727 in 2020.

How does Bermuda rank?

3rd highest of 29 economies with data for 2024.

Source

World Bank, World Development Indicators, indicator NE.CON.PCAP.PP.KD, licensed CC BY 4.0. Original 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; The Eurostat PPP Programme, Eurostat (ESTAT), uri: https://ec.europa.eu/eurostat/databrowser/explore/all/al… Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.

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