Final consumption expenditure in Marshall Islands
Marshall Islands: Final consumption expenditure was 353.44 million current US$ in 2024. ▲ Rising
Final consumption expenditure in Marshall Islands, 2004–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current US$.
Analysis
The most recent figure for final consumption expenditure in Marshall Islands is 353.44 million current US$, measured in 2024. That is the highest value across all 21 years on record.
That represents a change of up 4.5% on the previous year and up 46.2% over ten years.
Over the whole period, final consumption expenditure in Marshall Islands peaked at 353.44 million current US$ in 2024 and was at its lowest, 187.17 million current US$, in 2004.
That places Marshall Islands 186th out of 186 countries with data for 2024, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 21 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 207.03 million current US$ | 187.17 million current US$ | 218.05 million current US$ | 6 |
| 2010s | 258.80 million current US$ | 217.34 million current US$ | 328.63 million current US$ | 10 |
| 2020s | 337.44 million current US$ | 318.02 million current US$ | 353.44 million current US$ | 5 |
Countries ranked near Marshall Islands
More economy & growth data for Marshall Islands
- External balance on goods and services as a percent of GDP -43.8% (2025)
- GDP per capita 6,174 constant 2015 US$ (2025)
- Share of manufacturing in gross domestic product (GDP) 3.2% (2024)
- Gross domestic product (GDP) 224.00 million constant 2015 US$ (2025)
- GDP per capita in international and market dollars 6,174 constant 2015 US$ (2025)
- DEC alternative conversion factor 1 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) 124.43 million current LCU (2024)
- Net secondary income (Net current transfers from abroad) 124.43 million current US$ (2024)
- Taxes less subsidies on products 12.05 million current LCU (2024)
- Taxes less subsidies on products 12.05 million current US$ (2024)
Frequently asked questions
- What is final consumption expenditure in Marshall Islands?
- Final consumption expenditure in Marshall Islands was 353.44 million current US$ in 2024, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest final consumption expenditure recorded in Marshall Islands?
- The highest recorded value was 353.44 million current US$ in 2024.
- What is the lowest final consumption expenditure recorded in Marshall Islands?
- The lowest recorded value was 187.17 million current US$ in 2004.
- How does Marshall Islands rank for final consumption expenditure?
- Marshall Islands ranks 186th out of 186 countries with data for 2024.
- Is final consumption expenditure rising or falling in Marshall Islands?
- Over the last ten years it is up 46.2%. The long-run trend across the full record is rising.
- Where does this Marshall Islands data come from?
- The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Final consumption expenditure (current US$). Statizoid updates them automatically from the source API.
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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. Final consumption expenditure can be measured for households, general government, the central bank and non-profit institutions serving households. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.