General government final consumption expenditure (current US$) in Marshall Islands
Marshall Islands: General government final consumption expenditure (current US$) was 155.42 million current 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 current US$.
Analysis
In 2024, general government final consumption expenditure in Marshall Islands stood at 155.42 million current US$.
Compared with earlier readings it is 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 US$ in 2022 and was at its lowest, 80.60 million current US$, in 2004.
Marshall Islands ranks 183rd of 187 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 21 years of available data.
General government final consumption expenditure (current US$) in Marshall Islands, year by year
| Year | current US$ | Change |
|---|---|---|
| 2004 | 80.60 million current US$ | — |
| 2005 | 84.92 million current US$ | +5.4% |
| 2006 | 87.70 million current US$ | +3.3% |
| 2007 | 93.40 million current US$ | +6.5% |
| 2008 | 95.04 million current US$ | +1.8% |
| 2009 | 94.09 million current US$ | -1.0% |
| 2010 | 91.99 million current US$ | -2.2% |
| 2011 | 94.93 million current US$ | +3.2% |
| 2012 | 99.28 million current US$ | +4.6% |
| 2013 | 102.28 million current US$ | +3.0% |
| 2014 | 98.73 million current US$ | -3.5% |
| 2015 | 103.19 million current US$ | +4.5% |
| 2016 | 113.78 million current US$ | +10.3% |
| 2017 | 119.14 million current US$ | +4.7% |
| 2018 | 131.87 million current US$ | +10.7% |
| 2019 | 153.80 million current US$ | +16.6% |
| 2020 | 148.34 million current US$ | -3.6% |
| 2021 | 159.45 million current US$ | +7.5% |
| 2022 | 160.61 million current US$ | +0.7% |
| 2023 | 150.90 million current US$ | -6.0% |
| 2024 | 155.42 million current US$ | +3.0% |
Marshall Islands compared with similar countries
- Marshall Islands's 155.42 million current US$ is below the median for upper middle income countries, which is 9.56 billion current US$, 2% of the median. (52 countries reporting)
- Marshall Islands's 155.42 million current US$ is below the median for East Asia & Pacific, which is 3.58 billion current US$, 4% of the median. (29 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 89.29 million current US$ | 80.60 million current US$ | 95.04 million current US$ | 6 |
| 2010s | 110.90 million current US$ | 91.99 million current US$ | 153.80 million current US$ | 10 |
| 2020s | 154.94 million current US$ | 148.34 million current US$ | 160.61 million current 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 155.42 million current 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 160.61 million current US$ in 2022.
- What is the lowest general government final consumption expenditure recorded in Marshall Islands?
- The lowest recorded value was 80.60 million current US$ in 2004.
- How does Marshall Islands rank for general government final consumption expenditure?
- Marshall Islands ranks 183rd 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 US$). 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 indicator is expressed in United States dollars.