Marshall Islands vs Palau: General government final consumption expenditure
General government final consumption expenditure over time
- Marshall Islands
- Palau
How they compare
Marshall Islands currently reports 117.85 million constant LCU against 96.50 million constant LCU in Palau, a difference of 21.34 million constant LCU.
That makes Marshall Islands's figure about 1.2 times Palau's.
Across all 20 years both countries report, Marshall Islands has been ahead every year.
Marshall Islands ranks 174th and Palau ranks 175th of 175 countries.
Marshall Islands has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Marshall Islands | Palau | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 99.03 million constant LCU | 94.85 million constant LCU | 4.18 million constant LCU | Marshall Islands |
| 2010s | 110.20 million constant LCU | 90.01 million constant LCU | 20.19 million constant LCU | Marshall Islands |
| 2020s | 129.21 million constant LCU | 97.66 million constant LCU | 31.56 million constant LCU | Marshall Islands |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher general government final consumption expenditure, Marshall Islands or Palau?
- Marshall Islands, at 117.85 million constant LCU against 96.50 million constant LCU in Palau as of 2024.
- What is the difference in general government final consumption expenditure between Marshall Islands and Palau?
- 21.34 million constant LCU, with Marshall Islands ahead.
- How many years of comparable data are there for Marshall Islands and Palau?
- 20 years are reported by both, from 2005 to 2024.
- How do Marshall Islands and Palau rank globally for general government final consumption expenditure?
- Marshall Islands ranks 174th and Palau ranks 175th of 175 countries.
- Where does this data come from?
- Country official statistics, National Statistical Organizations and/or Central Banks, published as General government final consumption expenditure (constant LCU). Statizoid refreshes it automatically from the source and publishes the full history for both places.
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About this data
Final consumption expenditure is expenditure on goods and services by resident institutional units for the direct satisfaction of human needs or wants, whether individual or collective. General government FCE includes all government current expenditures for purchases of goods and services (including compensation of employees), and most expenditures on national defense and security, but excludes government military expenditures that are part of government capital formation. 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 varies by country. This series is expressed in local currency units.