Final consumption expenditure (current US$), annual growth rate in Pacific island small states
Pacific island small states: Final consumption expenditure (current US$), annual growth rate was 6.62 % change on previous year in 2024. ◆ Volatile
Final consumption expenditure (current US$), annual growth rate in Pacific island small states, 1981–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2024, final consumption expenditure (current us$), annual growth rate in Pacific island small states stood at 6.62 % change on previous year.
The figure is up 97.2% on the previous year and down 31.5% over ten years.
Over the whole period, final consumption expenditure (current us$), annual growth rate in Pacific island small states peaked at 24.84 % change on previous year in 2004 and was at its lowest, -22.19 % change on previous year, in 1998.
Pacific island small states ranks 15th of 43 groups on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Final consumption expenditure (current US$), annual growth rate in Pacific island small states, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1981 | 11.14 % change on previous year | — |
| 1982 | -2 % change on previous year | -117.9% |
| 1983 | -1.99 % change on previous year | -0.6% |
| 1984 | 2.04 % change on previous year | -202.7% |
| 1985 | -4.54 % change on previous year | -322.4% |
| 1986 | -0.8118 % change on previous year | -82.1% |
| 1987 | -6.58 % change on previous year | +710.2% |
| 1988 | 11.29 % change on previous year | -271.7% |
| 1989 | 2.12 % change on previous year | -81.2% |
| 1990 | 14.64 % change on previous year | +590.5% |
| 1991 | 5.3 % change on previous year | -63.8% |
| 1992 | 7.26 % change on previous year | +36.9% |
| 1993 | 7.94 % change on previous year | +9.3% |
| 1994 | 13.67 % change on previous year | +72.3% |
| 1995 | 7.52 % change on previous year | -45.0% |
| 1996 | 0.8127 % change on previous year | -89.2% |
| 1997 | -1.86 % change on previous year | -329.0% |
| 1998 | -22.19 % change on previous year | +1092.2% |
| 1999 | 14.1 % change on previous year | -163.5% |
| 2000 | -1.13 % change on previous year | -108.0% |
| 2001 | 2.27 % change on previous year | -300.3% |
| 2002 | -5.94 % change on previous year | -362.0% |
| 2003 | 20 % change on previous year | -436.4% |
| 2004 | 24.84 % change on previous year | +24.2% |
| 2005 | 13.42 % change on previous year | -46.0% |
| 2006 | 11.36 % change on previous year | -15.3% |
| 2007 | 8.23 % change on previous year | -27.6% |
| 2008 | 4.73 % change on previous year | -42.5% |
| 2009 | -12.19 % change on previous year | -357.4% |
| 2010 | 8.03 % change on previous year | -165.9% |
| 2011 | 12.4 % change on previous year | +54.5% |
| 2012 | 6.83 % change on previous year | -44.9% |
| 2013 | 6.6 % change on previous year | -3.4% |
| 2014 | 9.67 % change on previous year | +46.6% |
| 2015 | -4.34 % change on previous year | -144.9% |
| 2016 | 4.13 % change on previous year | -195.1% |
| 2017 | 7.22 % change on previous year | +74.8% |
| 2018 | 7.34 % change on previous year | +1.7% |
| 2019 | 2.77 % change on previous year | -62.2% |
| 2020 | -6.56 % change on previous year | -336.5% |
| 2021 | 3.64 % change on previous year | -155.5% |
| 2022 | 10.77 % change on previous year | +195.8% |
| 2023 | 3.36 % change on previous year | -68.8% |
| 2024 | 6.62 % change on previous year | +97.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 1.19 % change on previous year | -6.58 % change on previous year | 11.29 % change on previous year | 9 |
| 1990s | 4.72 % change on previous year | -22.19 % change on previous year | 14.64 % change on previous year | 10 |
| 2000s | 6.56 % change on previous year | -12.19 % change on previous year | 24.84 % change on previous year | 10 |
| 2010s | 6.07 % change on previous year | -4.34 % change on previous year | 12.4 % change on previous year | 10 |
| 2020s | 3.57 % change on previous year | -6.56 % change on previous year | 10.77 % change on previous year | 5 |
Countries ranked near Pacific island small states
- 12 Uzbekistan 21.24 % change on previous year compare
- 13 Belarus 20.21 % change on previous year compare
- 14 Iraq 19.75 % change on previous year compare
- 15 Bulgaria 18.77 % change on previous year compare
- 16 Afghanistan 17.59 % change on previous year compare
- 17 Ukraine 17.38 % change on previous year compare
- 18 Iceland 17.29 % change on previous year compare
More economy & growth data for Pacific island small states
- Services, value added (constant 2015 US$), per capita 2,300 constant 2015 US$ per person (2024)
- Industry (including construction), value added (constant 2015 US$) 0.1212 constant 2015 US$ per US$ of GDP (2024)
- Industry (including construction), value added (constant 2015 US$) 548.92 constant 2015 US$ per person (2024)
- Services, value added (current US$), annual growth rate 6.91 % change on previous year (2024)
- Services, value added (current US$), per unit of GDP 0.5679 current US$ per US$ of GDP (2024)
- Services, value added (current US$), per capita 2,572 current US$ per person (2024)
- Services, value added (constant 2015 US$), annual growth rate 3.29 % change on previous year (2024)
- Services, value added (constant 2015 US$), per unit of GDP 0.5078 constant 2015 US$ per US$ of GDP (2024)
- Gross value added at basic prices (GVA) (constant 2015 US$), per unit 0.7392 constant 2015 US$ per US$ of GDP (2024)
- Gross value added at basic prices (GVA) (constant 2015 US$), annual 3.69 % change on previous year (2024)
Frequently asked questions
- What is final consumption expenditure (current us$), annual growth rate in Pacific island small states?
- Final consumption expenditure (current us$), annual growth rate in Pacific island small states was 6.62 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest final consumption expenditure (current us$), annual growth rate recorded in Pacific island small states?
- The highest recorded value was 24.84 % change on previous year in 2004.
- What is the lowest final consumption expenditure (current us$), annual growth rate recorded in Pacific island small states?
- The lowest recorded value was -22.19 % change on previous year in 1998.
- How does Pacific island small states rank for final consumption expenditure (current us$), annual growth rate?
- Pacific island small states ranks 15th out of 43 groups with data for 2024.
- Is final consumption expenditure (current us$), annual growth rate rising or falling in Pacific island small states?
- Over the last ten years it is down 31.5%. The long-run trend across the full record is volatile.
- Where does this Pacific island small states data come from?
- The figures come from Statizoid (derived), published as part of Final consumption expenditure (current US$), annual growth rate. Statizoid updates them automatically from the source API.
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How this figure is calculated
The year-on-year percentage change in Final consumption expenditure (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Final consumption expenditure Country official statistics, National Statistical Offices (NSOs)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Final consumption expenditure (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.