Annual growth of households and NPISHs final consumption expenditure in Marshall Islands
Marshall Islands: Annual growth of households and NPISHs final consumption expenditure was -1.6% in 2024. ◆ Volatile
Annual growth of households and NPISHs final consumption expenditure in Marshall Islands, 2005–2024
Source: United Nations Statistics Division, SDG Global Database.
Analysis
In 2024, annual growth of households and npishs final consumption expenditure in Marshall Islands stood at -1.6%.
That represents a change of up 78.8% on the previous year and up 63.7% over ten years.
Over the whole period, annual growth of households and npishs final consumption expenditure in Marshall Islands peaked at 10.1% in 2017 and was at its lowest, -13.7%, in 2008.
Marshall Islands ranks 168th of 185 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Annual growth of households and NPISHs final consumption expenditure in Marshall Islands, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | 4.7% | — |
| 2006 | -5.0% | -207.8% |
| 2007 | 3.5% | -169.4% |
| 2008 | -13.7% | -493.0% |
| 2009 | 0.9% | -106.7% |
| 2010 | 0.2% | -77.1% |
| 2011 | 3.7% | +1673.2% |
| 2012 | 1.5% | -60.9% |
| 2013 | 7.2% | +396.9% |
| 2014 | -4.3% | -160.1% |
| 2015 | -0.7% | -83.5% |
| 2016 | 3.4% | -580.5% |
| 2017 | 10.1% | +192.0% |
| 2018 | -0.8% | -108.0% |
| 2019 | 6.4% | -895.4% |
| 2020 | -3.1% | -148.2% |
| 2021 | -3.4% | +11.9% |
| 2022 | 4.8% | -240.3% |
| 2023 | -7.4% | -254.2% |
| 2024 | -1.6% | -78.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -1.9% | -13.7% | 4.7% | 5 |
| 2010s | 2.7% | -4.3% | 10.1% | 10 |
| 2020s | -2.1% | -7.4% | 4.8% | 5 |
Countries ranked near Marshall Islands
More economy & growth data for Marshall Islands
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 0.6305 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 1.5 Percent per annum (2029)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 13.36 million BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual 46.01 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0469 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 355.78 BoP, current US$ per person (2024)
- General government final consumption expenditure (current US$) 2.99 % change on previous year (2024)
- General government final consumption expenditure (current US$), per 0.5453 current US$ per US$ of GDP (2024)
- General government final consumption expenditure (current US$), per 4,139 current US$ per person (2024)
- General government final consumption expenditure (current LCU) 2.99 % change on previous year (2024)
Frequently asked questions
- What is annual growth of households and npishs final consumption expenditure in Marshall Islands?
- Annual growth of households and npishs final consumption expenditure in Marshall Islands was -1.6% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest annual growth of households and npishs final consumption expenditure recorded in Marshall Islands?
- The highest recorded value was 10.1% in 2017.
- What is the lowest annual growth of households and npishs final consumption expenditure recorded in Marshall Islands?
- The lowest recorded value was -13.7% in 2008.
- How does Marshall Islands rank for annual growth of households and npishs final consumption expenditure?
- Marshall Islands ranks 168th out of 185 countries with data for 2024.
- Is annual growth of households and npishs final consumption expenditure rising or falling in Marshall Islands?
- Over the last ten years it is up 63.7%. The long-run trend across the full record is volatile.
- Where does this Marshall Islands data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Annual growth of households and NPISHs final consumption expenditure (%). Statizoid updates them automatically from the source API.
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