Annual growth of the general government final consumption expenditure in Marshall Islands
Marshall Islands: Annual growth of the general government final consumption expenditure was -4.2% in 2024. ◆ Volatile
Annual growth of the general government final consumption expenditure in Marshall Islands, 2005–2024
Source: United Nations Statistics Division, SDG Global Database. Measured in %.
Analysis
The most recent figure for annual growth of the general government final consumption expenditure in Marshall Islands is -4.2%, measured in 2024.
The figure is up 55.8% on the previous year and up 23.6% over ten years.
Over the whole period, annual growth of the general government final consumption expenditure in Marshall Islands peaked at 12.9% in 2019 and was at its lowest, -9.4%, in 2023.
Marshall Islands ranks 166th of 181 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 the general government final consumption expenditure in Marshall Islands, year by year
| Year | % | Change |
|---|---|---|
| 2005 | 1.0% | — |
| 2006 | 3.8% | +270.6% |
| 2007 | 5.2% | +39.1% |
| 2008 | -3.3% | -162.5% |
| 2009 | -0.4% | -88.4% |
| 2010 | -0.9% | +131.7% |
| 2011 | 1.1% | -228.3% |
| 2012 | 4.1% | +263.8% |
| 2013 | 2.0% | -52.1% |
| 2014 | -5.4% | -377.2% |
| 2015 | 3.1% | -157.4% |
| 2016 | 8.5% | +171.7% |
| 2017 | 2.1% | -75.7% |
| 2018 | 8.8% | +325.8% |
| 2019 | 12.9% | +46.5% |
| 2020 | -6.2% | -147.9% |
| 2021 | 4.8% | -177.1% |
| 2022 | -1.6% | -133.1% |
| 2023 | -9.4% | +498.5% |
| 2024 | -4.2% | -55.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1.3% | -3.3% | 5.2% | 5 |
| 2010s | 3.6% | -5.4% | 12.9% | 10 |
| 2020s | -3.3% | -9.4% | 4.8% | 5 |
Countries ranked near Marshall Islands
- 163 Republic of Moldova -3.6% compare
- 163 Republic of Moldova -3.6% compare
- 165 Argentina -3.8% compare
- 167 Malawi -4.4% compare
- 168 United States Virgin Islands -4.4% compare
- 169 Ukraine -4.5% compare
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)
- 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)
- General government final consumption expenditure (current LCU), per 0.5453 current LCU per US$ of GDP (2024)
- General government final consumption expenditure (current LCU), per 4,139 current LCU per person (2024)
- General government final consumption expenditure (constant 2015 US$) -4.16 % change on previous year (2024)
- General government final consumption expenditure (constant 2015 US$) 0.4135 constant 2015 US$ per US$ of GDP (2024)
Frequently asked questions
- What is annual growth of the general government final consumption expenditure in Marshall Islands?
- Annual growth of the general government final consumption expenditure in Marshall Islands was -4.2% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest annual growth of the general government final consumption expenditure recorded in Marshall Islands?
- The highest recorded value was 12.9% in 2019.
- What is the lowest annual growth of the general government final consumption expenditure recorded in Marshall Islands?
- The lowest recorded value was -9.4% in 2023.
- How does Marshall Islands rank for annual growth of the general government final consumption expenditure?
- Marshall Islands ranks 166th out of 181 countries with data for 2024.
- Is annual growth of the general government final consumption expenditure rising or falling in Marshall Islands?
- Over the last ten years it is up 23.6%. 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 the general government final consumption expenditure (%). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 20 observations, free to reuse under UN SDG Global Database (open, attribution requested).