General government final consumption expenditure (constant 2015 US$) in Marshall Islands
Marshall Islands: General government final consumption expenditure (constant 2015 US$) was -4.16 % change on previous year in 2024. ◆ Volatile
General government final consumption expenditure (constant 2015 US$) in Marshall Islands, 2005–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Marshall Islands recorded -4.16 % change on previous year for general government final consumption expenditure (constant 2015 us$) in 2024.
Compared with earlier readings it is up 55.8% on the previous year and up 23.5% over ten years.
Over the whole period, general government final consumption expenditure (constant 2015 us$) in Marshall Islands peaked at 12.87 % change on previous year in 2019 and was at its lowest, -9.41 % change on previous year, in 2023.
That places Marshall Islands 158th out of 168 countries with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
General government final consumption expenditure (constant 2015 US$) in Marshall Islands, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 2005 | 1.01 % change on previous year | — |
| 2006 | 3.76 % change on previous year | +270.6% |
| 2007 | 5.23 % change on previous year | +39.1% |
| 2008 | -3.27 % change on previous year | -162.5% |
| 2009 | -0.3785 % change on previous year | -88.4% |
| 2010 | -0.877 % change on previous year | +131.7% |
| 2011 | 1.13 % change on previous year | -228.3% |
| 2012 | 4.09 % change on previous year | +263.8% |
| 2013 | 1.96 % change on previous year | -52.1% |
| 2014 | -5.44 % change on previous year | -377.2% |
| 2015 | 3.12 % change on previous year | -157.4% |
| 2016 | 8.47 % change on previous year | +171.7% |
| 2017 | 2.06 % change on previous year | -75.7% |
| 2018 | 8.78 % change on previous year | +325.9% |
| 2019 | 12.87 % change on previous year | +46.5% |
| 2020 | -6.16 % change on previous year | -147.9% |
| 2021 | 4.75 % change on previous year | -177.1% |
| 2022 | -1.57 % change on previous year | -133.1% |
| 2023 | -9.41 % change on previous year | +498.3% |
| 2024 | -4.16 % change on previous year | -55.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1.27 % change on previous year | -3.27 % change on previous year | 5.23 % change on previous year | 5 |
| 2010s | 3.62 % change on previous year | -5.44 % change on previous year | 12.87 % change on previous year | 10 |
| 2020s | -3.31 % change on previous year | -9.41 % change on previous year | 4.75 % change on previous year | 5 |
Countries ranked near Marshall Islands
- 155 Congo, Democratic Republic of the -3.36 % change on previous year compare
- 156 El Salvador -3.38 % change on previous year compare
- 157 Saudi Arabia -3.49 % change on previous year compare
- 159 United States Virgin Islands -4.43 % change on previous year compare
- 160 Djibouti -4.53 % change on previous year compare
- 161 Madagascar -4.59 % change on previous year 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$) 0.4135 constant 2015 US$ per US$ of GDP (2024)
- General government final consumption expenditure (constant 2015 US$) 3,139 constant 2015 US$ per person (2024)
Frequently asked questions
- What is general government final consumption expenditure (constant 2015 us$) in Marshall Islands?
- General government final consumption expenditure (constant 2015 us$) in Marshall Islands was -4.16 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest general government final consumption expenditure (constant 2015 us$) recorded in Marshall Islands?
- The highest recorded value was 12.87 % change on previous year in 2019.
- What is the lowest general government final consumption expenditure (constant 2015 us$) recorded in Marshall Islands?
- The lowest recorded value was -9.41 % change on previous year in 2023.
- How does Marshall Islands rank for general government final consumption expenditure (constant 2015 us$)?
- Marshall Islands ranks 158th out of 168 countries with data for 2024.
- Is general government final consumption expenditure (constant 2015 us$) rising or falling in Marshall Islands?
- Over the last ten years it is up 23.5%. The long-run trend across the full record is volatile.
- Where does this Marshall Islands data come from?
- The figures come from Statizoid (derived), published as part of General government final consumption expenditure (constant 2015 US$), annual growth rate. Statizoid updates them automatically from the source API.
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How this figure is calculated
The year-on-year percentage change in General government final consumption expenditure (constant 2015 US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- General government final consumption expenditure Country official statistics, National Statistical Organizations and/or Central Banks
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 General government final consumption expenditure (constant 2015 US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.