General government final consumption expenditure (constant LCU) in Marshall Islands
Marshall Islands: General government final consumption expenditure (constant LCU) was 117.85 million constant LCU 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 LCU.
Analysis
In 2024, general government final consumption expenditure in Marshall Islands stood at 117.85 million constant LCU.
The figure is 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 LCU in 2019 and was at its lowest, 93.59 million constant LCU, in 2004.
Marshall Islands ranks 175th of 176 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 LCU) in Marshall Islands, year by year
| Year | constant LCU | Change |
|---|---|---|
| 2004 | 93.59 million constant LCU | — |
| 2005 | 94.54 million constant LCU | +1.0% |
| 2006 | 98.09 million constant LCU | +3.8% |
| 2007 | 103.22 million constant LCU | +5.2% |
| 2008 | 99.85 million constant LCU | -3.3% |
| 2009 | 99.47 million constant LCU | -0.4% |
| 2010 | 98.60 million constant LCU | -0.9% |
| 2011 | 99.71 million constant LCU | +1.1% |
| 2012 | 103.79 million constant LCU | +4.1% |
| 2013 | 105.83 million constant LCU | +2.0% |
| 2014 | 100.07 million constant LCU | -5.4% |
| 2015 | 103.19 million constant LCU | +3.1% |
| 2016 | 111.94 million constant LCU | +8.5% |
| 2017 | 114.25 million constant LCU | +2.1% |
| 2018 | 124.28 million constant LCU | +8.8% |
| 2019 | 140.28 million constant LCU | +12.9% |
| 2020 | 131.64 million constant LCU | -6.2% |
| 2021 | 137.89 million constant LCU | +4.8% |
| 2022 | 135.73 million constant LCU | -1.6% |
| 2023 | 122.96 million constant LCU | -9.4% |
| 2024 | 117.85 million constant LCU | -4.2% |
Marshall Islands compared with similar countries
- Marshall Islands's 117.85 million constant LCU is below the median for upper middle income countries, which is 164.07 billion constant LCU, 0% of the median. (48 countries reporting)
- Marshall Islands's 117.85 million constant LCU is below the median for East Asia & Pacific, which is 74.22 billion constant LCU, 0% of the median. (25 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 98.13 million constant LCU | 93.59 million constant LCU | 103.22 million constant LCU | 6 |
| 2010s | 110.20 million constant LCU | 98.60 million constant LCU | 140.28 million constant LCU | 10 |
| 2020s | 129.21 million constant LCU | 117.85 million constant LCU | 137.89 million constant LCU | 5 |
Countries ranked near Marshall Islands
- 172 Tajikistan 236.66 million constant LCU compare
- 173 San Marino 200.42 million constant LCU compare
- 174 Kiribati 173.51 million constant LCU compare
- 176 Palau 96.50 million constant LCU 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)
- 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 LCU 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 LCU in 2019.
- What is the lowest general government final consumption expenditure recorded in Marshall Islands?
- The lowest recorded value was 93.59 million constant LCU in 2004.
- How does Marshall Islands rank for general government final consumption expenditure?
- Marshall Islands ranks 175th out of 176 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 LCU). 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. 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 varies by country. This series is expressed in local currency units.