General government final consumption expenditure (constant LCU), per in Marshall Islands
Marshall Islands: General government final consumption expenditure (constant LCU), per was 0.4135 constant LCU per US$ of GDP in 2024. ▼ Falling
General government final consumption expenditure (constant LCU), per in Marshall Islands, 2004–2024
Source: Statizoid (derived). Measured in constant LCU per US$ of GDP.
Analysis
Marshall Islands recorded 0.4135 constant LCU per US$ of GDP for general government final consumption expenditure (constant lcu), per in 2024. That is the lowest value across all 21 years on record.
The figure is down 11.2% on the previous year and down 23.1% over ten years.
Over the whole period, general government final consumption expenditure (constant lcu), per in Marshall Islands peaked at 0.7042 constant LCU per US$ of GDP in 2004 and was at its lowest, 0.4135 constant LCU per US$ of GDP, in 2024.
Marshall Islands ranks 112th of 176 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 21 years of available data.
General government final consumption expenditure (constant LCU), per in Marshall Islands, year by year
| Year | constant LCU per US$ of GDP | Change |
|---|---|---|
| 2004 | 0.7042 constant LCU per US$ of GDP | — |
| 2005 | 0.685 constant LCU per US$ of GDP | -2.7% |
| 2006 | 0.685 constant LCU per US$ of GDP | -0.0% |
| 2007 | 0.6859 constant LCU per US$ of GDP | +0.1% |
| 2008 | 0.6811 constant LCU per US$ of GDP | -0.7% |
| 2009 | 0.6579 constant LCU per US$ of GDP | -3.4% |
| 2010 | 0.612 constant LCU per US$ of GDP | -7.0% |
| 2011 | 0.5787 constant LCU per US$ of GDP | -5.4% |
| 2012 | 0.5744 constant LCU per US$ of GDP | -0.7% |
| 2013 | 0.5677 constant LCU per US$ of GDP | -1.2% |
| 2014 | 0.538 constant LCU per US$ of GDP | -5.2% |
| 2015 | 0.5618 constant LCU per US$ of GDP | +4.4% |
| 2016 | 0.5547 constant LCU per US$ of GDP | -1.3% |
| 2017 | 0.5346 constant LCU per US$ of GDP | -3.6% |
| 2018 | 0.5649 constant LCU per US$ of GDP | +5.7% |
| 2019 | 0.6023 constant LCU per US$ of GDP | +6.6% |
| 2020 | 0.5444 constant LCU per US$ of GDP | -9.6% |
| 2021 | 0.5278 constant LCU per US$ of GDP | -3.0% |
| 2022 | 0.5246 constant LCU per US$ of GDP | -0.6% |
| 2023 | 0.4657 constant LCU per US$ of GDP | -11.2% |
| 2024 | 0.4135 constant LCU per US$ of GDP | -11.2% |
Marshall Islands compared with similar countries
- Marshall Islands's 0.4135 constant LCU per US$ of GDP is below the median for upper middle income countries, which is 2.04 constant LCU per US$ of GDP, 20% of the median. (48 countries reporting)
- Marshall Islands's 0.4135 constant LCU per US$ of GDP is below the median for East Asia & Pacific, which is 0.9499 constant LCU per US$ of GDP, 44% of the median. (25 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.6832 constant LCU per US$ of GDP | 0.6579 constant LCU per US$ of GDP | 0.7042 constant LCU per US$ of GDP | 6 |
| 2010s | 0.5689 constant LCU per US$ of GDP | 0.5346 constant LCU per US$ of GDP | 0.612 constant LCU per US$ of GDP | 10 |
| 2020s | 0.4952 constant LCU per US$ of GDP | 0.4135 constant LCU per US$ of GDP | 0.5444 constant LCU per US$ of GDP | 5 |
Countries ranked near Marshall Islands
- 109 Sao Tome and Principe 0.4746 constant LCU per US$ of GDP compare
- 110 Tonga 0.448 constant LCU per US$ of GDP compare
- 111 United Arab Emirates 0.4415 constant LCU per US$ of GDP compare
- 113 Papua New Guinea 0.391 constant LCU per US$ of GDP
- 114 Brazil 0.3779 constant LCU per US$ of GDP compare
- 115 Belarus 0.3577 constant LCU per US$ of GDP 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)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 13.36 million BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual 46.01 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0469 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 355.78 BoP, current US$ per person (2024)
- 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)
Frequently asked questions
- What is general government final consumption expenditure (constant lcu), per in Marshall Islands?
- General government final consumption expenditure (constant lcu), per in Marshall Islands was 0.4135 constant LCU per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest general government final consumption expenditure (constant lcu), per recorded in Marshall Islands?
- The highest recorded value was 0.7042 constant LCU per US$ of GDP in 2004.
- What is the lowest general government final consumption expenditure (constant lcu), per recorded in Marshall Islands?
- The lowest recorded value was 0.4135 constant LCU per US$ of GDP in 2024.
- How does Marshall Islands rank for general government final consumption expenditure (constant lcu), per?
- Marshall Islands ranks 112th out of 176 countries with data for 2024.
- Is general government final consumption expenditure (constant lcu), per rising or falling in Marshall Islands?
- Over the last ten years it is down 23.1%. The long-run trend across the full record is falling.
- Where does this Marshall Islands data come from?
- The figures come from Statizoid (derived), published as part of General government final consumption expenditure (constant LCU), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
General government final consumption expenditure (constant LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
General government final consumption expenditure (constant LCU) ÷ GDP (current US$)
Computed from
- General government final consumption expenditure Country official statistics, National Statistical Organizations and/or Central Banks
- GDP 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
General government final consumption expenditure (constant LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.