Bermuda - Household final consumption expenditure

Household final consumption expenditure (current US$)

The latest value for Household final consumption expenditure (current US$) in Bermuda was $3,201,000,000 as of 2020. Over the past 10 years, the value for this indicator has fluctuated between $3,574,216,000 in 2019 and $3,110,046,000 in 2012.

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. Data are in current U.S. dollars.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
2010 $3,172,347,000
2011 $3,124,118,000
2012 $3,110,046,000
2013 $3,135,554,000
2014 $3,142,675,000
2015 $3,237,728,000
2016 $3,368,443,000
2017 $3,512,954,000
2018 $3,523,674,000
2019 $3,574,216,000
2020 $3,201,000,000

Household final consumption expenditure (current LCU)

The value for Household final consumption expenditure (current LCU) in Bermuda was 3,201,000,000 as of 2020. As the graph below shows, over the past 10 years this indicator reached a maximum value of 3,574,216,000 in 2019 and a minimum value of 3,110,046,000 in 2012.

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. Data are in current local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
2010 3,172,347,000
2011 3,124,118,000
2012 3,110,046,000
2013 3,135,554,000
2014 3,142,675,000
2015 3,237,728,000
2016 3,368,443,000
2017 3,512,954,000
2018 3,523,674,000
2019 3,574,216,000
2020 3,201,000,000

Household final consumption expenditure (constant 2010 US$)

The latest value for Household final consumption expenditure (constant 2010 US$) in Bermuda was 2,755,449,000 as of 2020. Over the past 6 years, the value for this indicator has fluctuated between 3,459,816,000 in 2016 and 2,755,449,000 in 2020.

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. Data are in constant 2010 U.S. dollars.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
2014 3,210,581,000
2015 3,237,728,000
2016 3,459,816,000
2017 3,264,229,000
2018 3,139,255,000
2019 3,087,511,000
2020 2,755,449,000

Household final consumption expenditure (annual % growth)

The value for Household final consumption expenditure (annual % growth) in Bermuda was -10.76 as of 2020. As the graph below shows, over the past 5 years this indicator reached a maximum value of 6.86 in 2016 and a minimum value of -10.76 in 2020.

Definition: Annual percentage growth of household final consumption expenditure based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. 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.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
2015 0.85
2016 6.86
2017 -5.65
2018 -3.83
2019 -1.65
2020 -10.76

Household final consumption expenditure (constant LCU)

The value for Household final consumption expenditure (constant LCU) in Bermuda was 2,865,300,000 as of 2020. As the graph below shows, over the past 6 years this indicator reached a maximum value of 3,597,747,000 in 2016 and a minimum value of 2,865,300,000 in 2020.

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. Data are in constant local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
2014 3,338,576,000
2015 3,366,806,000
2016 3,597,747,000
2017 3,394,363,000
2018 3,264,407,000
2019 3,210,600,000
2020 2,865,300,000

Household final consumption expenditure, PPP (current international $)

The latest value for Household final consumption expenditure, PPP (current international $) in Bermuda was 2,229,508,000 as of 2017. Over the past 6 years, the value for this indicator has fluctuated between 2,229,508,000 in 2017 and 1,710,671,000 in 2011.

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. Data are converted to current international dollars using purchasing power parity rates based on the 2011 ICP round.

Source: World Bank, International Comparison Program database.

See also:

Year Value
2011 1,710,671,000
2012 1,779,247,000
2013 1,797,951,000
2014 1,841,768,000
2015 1,953,577,000
2016 2,104,232,000
2017 2,229,508,000

Household final consumption expenditure, PPP (constant 2011 international $)

The latest value for Household final consumption expenditure, PPP (constant 2011 international $) in Bermuda was 1,882,005,000 as of 2020. Over the past 6 years, the value for this indicator has fluctuated between 2,363,096,000 in 2016 and 1,882,005,000 in 2020.

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. Data are converted to constant 2011 international dollars using purchasing power parity rates.

Source: World Bank, International Comparison Program database.

See also:

Year Value
2014 2,192,866,000
2015 2,211,407,000
2016 2,363,096,000
2017 2,229,508,000
2018 2,144,149,000
2019 2,108,807,000
2020 1,882,005,000

Households and NPISHs final consumption expenditure (% of GDP)

Households and NPISHs final consumption expenditure (% of GDP) in Bermuda was 46.78 as of 2020. Its highest value over the past 10 years was 49.49 in 2011, while its lowest value was 46.78 in 2020.

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.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
2010 47.82
2011 49.49
2012 48.76
2013 48.49
2014 49.00
2015 48.65
2016 48.82
2017 49.19
2018 48.78
2019 47.76
2020 46.78

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts