General government final consumption expenditure (constant 2015 US$) in Marshall Islands
Marshall Islands: General government final consumption expenditure (constant 2015 US$) was 117.85 million constant 2015 US$ in 2024. ▲ Rising
General government final consumption expenditure in Marshall Islands, 2004–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant 2015 US$.
Analysis
Marshall Islands recorded 117.85 million constant 2015 US$ for general government final consumption expenditure in 2024.
That represents a change of down 4.2% on the previous year and up 17.8% over ten years.
Over the whole period, general government final consumption expenditure in Marshall Islands peaked at 140.28 million constant 2015 US$ in 2019 and was at its lowest, 93.59 million constant 2015 US$, in 2004.
Marshall Islands ranks 166th of 168 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 21 years of available data.
General government final consumption expenditure (constant 2015 US$) in Marshall Islands, year by year
| Year | constant 2015 US$ | Change |
|---|---|---|
| 2004 | 93.59 million constant 2015 US$ | — |
| 2005 | 94.54 million constant 2015 US$ | +1.0% |
| 2006 | 98.09 million constant 2015 US$ | +3.8% |
| 2007 | 103.22 million constant 2015 US$ | +5.2% |
| 2008 | 99.85 million constant 2015 US$ | -3.3% |
| 2009 | 99.47 million constant 2015 US$ | -0.4% |
| 2010 | 98.60 million constant 2015 US$ | -0.9% |
| 2011 | 99.71 million constant 2015 US$ | +1.1% |
| 2012 | 103.79 million constant 2015 US$ | +4.1% |
| 2013 | 105.83 million constant 2015 US$ | +2.0% |
| 2014 | 100.07 million constant 2015 US$ | -5.4% |
| 2015 | 103.19 million constant 2015 US$ | +3.1% |
| 2016 | 111.94 million constant 2015 US$ | +8.5% |
| 2017 | 114.25 million constant 2015 US$ | +2.1% |
| 2018 | 124.28 million constant 2015 US$ | +8.8% |
| 2019 | 140.28 million constant 2015 US$ | +12.9% |
| 2020 | 131.64 million constant 2015 US$ | -6.2% |
| 2021 | 137.89 million constant 2015 US$ | +4.8% |
| 2022 | 135.73 million constant 2015 US$ | -1.6% |
| 2023 | 122.96 million constant 2015 US$ | -9.4% |
| 2024 | 117.85 million constant 2015 US$ | -4.2% |
Marshall Islands compared with similar countries
- Marshall Islands's 117.85 million constant 2015 US$ is below the median for upper middle income countries, which is 9.28 billion constant 2015 US$, 1% of the median. (46 countries reporting)
- Marshall Islands's 117.85 million constant 2015 US$ is below the median for East Asia & Pacific, which is 4.18 billion constant 2015 US$, 3% of the median. (24 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 98.13 million constant 2015 US$ | 93.59 million constant 2015 US$ | 103.22 million constant 2015 US$ | 6 |
| 2010s | 110.20 million constant 2015 US$ | 98.60 million constant 2015 US$ | 140.28 million constant 2015 US$ | 10 |
| 2020s | 129.21 million constant 2015 US$ | 117.85 million constant 2015 US$ | 137.89 million constant 2015 US$ | 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)
- SDRs holdings, US dollar, annual growth rate 4.97 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0342 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 290.63 units per person (2025)
- SDRs holdings, SDR, annual growth rate -0.0384 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.025 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 212.21 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 5.01 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0202 units per US$ of GDP (2025)
Frequently asked questions
- What is general government final consumption expenditure in Marshall Islands?
- General government final consumption expenditure in Marshall Islands was 117.85 million constant 2015 US$ in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest general government final consumption expenditure recorded in Marshall Islands?
- The highest recorded value was 140.28 million constant 2015 US$ in 2019.
- What is the lowest general government final consumption expenditure recorded in Marshall Islands?
- The lowest recorded value was 93.59 million constant 2015 US$ in 2004.
- How does Marshall Islands rank for general government final consumption expenditure?
- Marshall Islands ranks 166th out of 168 countries with data for 2024.
- Is general government final consumption expenditure rising or falling in Marshall Islands?
- Over the last ten years it is up 17.8%. 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 Organizations and/or Central Banks, published as part of General government final consumption expenditure (constant 2015 US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 21 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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. General government FCE includes all government current expenditures for purchases of goods and services (including compensation of employees), and most expenditures on national defense and security, but excludes government military expenditures that are part of government capital formation. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2015. This indicator is expressed in United States dollars.