General government final consumption expenditure (current LCU) in Marshall Islands
Marshall Islands: General government final consumption expenditure (current LCU) was 155.42 million current 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 current LCU.
Analysis
Marshall Islands recorded 155.42 million current LCU for general government final consumption expenditure in 2024.
That represents a change of up 3.0% on the previous year and up 57.4% over ten years.
Over the whole period, general government final consumption expenditure in Marshall Islands peaked at 160.61 million current LCU in 2022 and was at its lowest, 80.60 million current LCU, in 2004.
That places Marshall Islands 185th out of 187 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.
General government final consumption expenditure (current LCU) in Marshall Islands, year by year
| Year | current LCU | Change |
|---|---|---|
| 2004 | 80.60 million current LCU | — |
| 2005 | 84.92 million current LCU | +5.4% |
| 2006 | 87.70 million current LCU | +3.3% |
| 2007 | 93.40 million current LCU | +6.5% |
| 2008 | 95.04 million current LCU | +1.8% |
| 2009 | 94.09 million current LCU | -1.0% |
| 2010 | 91.99 million current LCU | -2.2% |
| 2011 | 94.93 million current LCU | +3.2% |
| 2012 | 99.28 million current LCU | +4.6% |
| 2013 | 102.28 million current LCU | +3.0% |
| 2014 | 98.73 million current LCU | -3.5% |
| 2015 | 103.19 million current LCU | +4.5% |
| 2016 | 113.78 million current LCU | +10.3% |
| 2017 | 119.14 million current LCU | +4.7% |
| 2018 | 131.87 million current LCU | +10.7% |
| 2019 | 153.80 million current LCU | +16.6% |
| 2020 | 148.34 million current LCU | -3.6% |
| 2021 | 159.45 million current LCU | +7.5% |
| 2022 | 160.61 million current LCU | +0.7% |
| 2023 | 150.90 million current LCU | -6.0% |
| 2024 | 155.42 million current LCU | +3.0% |
Marshall Islands compared with similar countries
- Marshall Islands's 155.42 million current LCU is below the median for upper middle income countries, which is 259.76 billion current LCU, 0% of the median. (52 countries reporting)
- Marshall Islands's 155.42 million current LCU is below the median for East Asia & Pacific, which is 223.30 billion current LCU, 0% of the median. (29 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 89.29 million current LCU | 80.60 million current LCU | 95.04 million current LCU | 6 |
| 2010s | 110.90 million current LCU | 91.99 million current LCU | 153.80 million current LCU | 10 |
| 2020s | 154.94 million current LCU | 148.34 million current LCU | 160.61 million current LCU | 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 155.42 million current 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 160.61 million current LCU in 2022.
- What is the lowest general government final consumption expenditure recorded in Marshall Islands?
- The lowest recorded value was 80.60 million current LCU in 2004.
- How does Marshall Islands rank for general government final consumption expenditure?
- Marshall Islands ranks 185th out of 187 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 57.4%. 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 (current 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 current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.