Share of government consumption in GDP vs. share of population living in extreme poverty in Bermuda

Bermuda: Share of government consumption in GDP vs. share of population living in extreme poverty was 18.3% in 2023. ▼ Falling

Latest (2023)
18.3%
Change on year
down 4.8%
World rank
109th
of 184 countries
All-time high
29.8%
in 1970
All-time low
13.7%
in 2011
Years of data
29
1970–2023

Share of government consumption in GDP vs. share of population living in extreme poverty in Bermuda, 1970–2023

01020301970199620231970: 29.8 % of GDP1971: 16.2 % of GDP1972: 20.6 % of GDP1973: 21.7 % of GDP1974: 27.5 % of GDP1975: 26.6 % of GDP1976: 22.6 % of GDP1977: 25.6 % of GDP1978: 25.5 % of GDP1979: 27.3 % of GDP2005: 23.4 % of GDP2006: 21 % of GDP2007: 21.5 % of GDP2008: 16.8 % of GDP2009: 16 % of GDP2010: 14.9 % of GDP2011: 13.7 % of GDP2012: 16.3 % of GDP2013: 17.4 % of GDP2014: 16.4 % of GDP2015: 17.5 % of GDP2016: 18.2 % of GDP2017: 18.6 % of GDP2018: 17.5 % of GDP2019: 18.1 % of GDP2020: 17.6 % of GDP2021: 18 % of GDP2022: 19.2 % of GDP2023: 18.3 % of GDP

Source: Feenstra et al. - Penn World Table (2025) – with major processing by Our World in Data. Measured in % of GDP.

Analysis

In 2023, share of government consumption in gdp vs. share of population living in extreme poverty in Bermuda stood at 18.3%.

That represents a change of down 4.8% on the previous year and up 4.8% over ten years.

Over the whole period, share of government consumption in gdp vs. share of population living in extreme poverty in Bermuda peaked at 29.8% in 1970 and was at its lowest, 13.7%, in 2011.

That places Bermuda 109th out of 184 countries with data for 2023, putting it in the middle of the range.

The long-run direction has been consistently falling across the 29 years of available data.

Share of government consumption in GDP vs. share of population living in extreme poverty in Bermuda, year by year

Annual values for Share of government consumption in GDP vs. share of population living in extreme poverty in Bermuda, 1970 to 2023.
Year % of GDP Change
1970 29.8%
1971 16.2% -45.5%
1972 20.6% +27.2%
1973 21.7% +4.9%
1974 27.5% +26.8%
1975 26.6% -3.0%
1976 22.6% -15.0%
1977 25.6% +13.3%
1978 25.5% -0.6%
1979 27.3% +7.2%
2005 23.4% -14.3%
2006 21.0% -10.4%
2007 21.5% +2.5%
2008 16.8% -21.9%
2009 16.0% -4.4%
2010 14.9% -6.9%
2011 13.7% -8.2%
2012 16.3% +19.1%
2013 17.4% +6.8%
2014 16.4% -6.2%
2015 17.5% +7.2%
2016 18.2% +3.9%
2017 18.6% +1.9%
2018 17.5% -5.6%
2019 18.1% +3.0%
2020 17.6% -2.3%
2021 18.0% +2.0%
2022 19.2% +6.6%
2023 18.3% -4.8%

Averages by decade

DecadeAverage LowestHighest Years
1970s 24.3% 16.2% 29.8% 10
2000s 19.7% 16.0% 23.4% 5
2010s 16.9% 13.7% 18.6% 10
2020s 18.3% 17.6% 19.2% 4

Countries ranked near Bermuda

  1. 106 Uruguay 18.5% compare
  2. 107 Suriname 18.5% compare
  3. 108 Venezuela 18.4% compare
  4. 110 Macao 18.0% compare
  5. 111 Kazakhstan 17.8% compare
  6. 112 South Africa 17.8% compare

See the full ranking of 184 places →

More poverty & inequality data for Bermuda

All data for Bermuda →

Frequently asked questions

What is share of government consumption in gdp vs. share of population living in extreme poverty in Bermuda?
Share of government consumption in gdp vs. share of population living in extreme poverty in Bermuda was 18.3% in 2023, according to Feenstra et al. - Penn World Table (2025) – with major processing by Our World in Data.
What is the highest share of government consumption in gdp vs. share of population living in extreme poverty recorded in Bermuda?
The highest recorded value was 29.8% in 1970.
What is the lowest share of government consumption in gdp vs. share of population living in extreme poverty recorded in Bermuda?
The lowest recorded value was 13.7% in 2011.
How does Bermuda rank for share of government consumption in gdp vs. share of population living in extreme poverty?
Bermuda ranks 109th out of 184 countries with data for 2023.
Is share of government consumption in gdp vs. share of population living in extreme poverty rising or falling in Bermuda?
Over the last ten years it is up 4.8%. The long-run trend across the full record is falling.
Where does this Bermuda data come from?
The figures come from Feenstra et al. - Penn World Table (2025) – with major processing by Our World in Data, published as part of Share of government consumption in GDP vs. share of population living in extreme poverty. Statizoid updates them automatically from the source API.

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Share of government consumption in GDP vs. share of population living in extreme poverty in Bermuda. Statizoid, drawing on Feenstra et al. - Penn World Table (2025) – with major processing by Our World in Data. Retrieved 02 September 2026, from https://poverty.statizoid.com/stat/share-of-government-consumption-in-gdp-vs-share-in-extreme-poverty/bermuda/

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About this data

Indicator
Share of government consumption in GDP vs. share of population living in extreme poverty
Unit
% of GDP
Source
Feenstra et al. - Penn World Table (2025) – with major processing by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
184 places, 10,907 data points, 1950–2023
Last refreshed

Government consumption divided by gross domestic product, expressed as a percentage.