General government final consumption expenditure in Pacific island small states
Pacific island small states: General government final consumption expenditure was 2.83 billion current US$ in 2024. ▲ Rising
General government final consumption expenditure in Pacific island small states, 2003–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current US$.
Analysis
Pacific island small states recorded 2.83 billion current US$ for general government final consumption expenditure in 2024. That is the highest value across all 22 years on record.
Compared with earlier readings it is up 2.1% on the previous year and up 32.2% over ten years.
Over the whole period, general government final consumption expenditure in Pacific island small states peaked at 2.83 billion current US$ in 2024 and was at its lowest, 788.42 million current US$, in 2003.
That places Pacific island small states 41st out of 41 groups with data for 2024, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 22 years of available data.
General government final consumption expenditure in Pacific island small states, year by year
| Year | current US$ | Change |
|---|---|---|
| 2003 | 788.42 million current US$ | — |
| 2004 | 897.43 million current US$ | +13.8% |
| 2005 | 1.10 billion current US$ | +22.5% |
| 2006 | 1.28 billion current US$ | +16.3% |
| 2007 | 1.34 billion current US$ | +4.9% |
| 2008 | 1.36 billion current US$ | +1.5% |
| 2009 | 1.30 billion current US$ | -4.7% |
| 2010 | 1.38 billion current US$ | +6.6% |
| 2011 | 1.60 billion current US$ | +15.7% |
| 2012 | 1.77 billion current US$ | +10.8% |
| 2013 | 1.92 billion current US$ | +8.5% |
| 2014 | 2.14 billion current US$ | +11.3% |
| 2015 | 2.09 billion current US$ | -2.4% |
| 2016 | 2.10 billion current US$ | +0.4% |
| 2017 | 2.24 billion current US$ | +6.8% |
| 2018 | 2.47 billion current US$ | +10.3% |
| 2019 | 2.58 billion current US$ | +4.5% |
| 2020 | 2.46 billion current US$ | -4.7% |
| 2021 | 2.55 billion current US$ | +3.7% |
| 2022 | 2.63 billion current US$ | +2.8% |
| 2023 | 2.77 billion current US$ | +5.7% |
| 2024 | 2.83 billion current US$ | +2.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1.15 billion current US$ | 788.42 million current US$ | 1.36 billion current US$ | 7 |
| 2010s | 2.03 billion current US$ | 1.38 billion current US$ | 2.58 billion current US$ | 10 |
| 2020s | 2.65 billion current US$ | 2.46 billion current US$ | 2.83 billion current US$ | 5 |
Countries ranked near Pacific island small states
- 38 United Arab Emirates 63.85 billion current US$ compare
- 39 Iraq 62.03 billion current US$ compare
- 40 Singapore 61.91 billion current US$ compare
- 41 Portugal 59.10 billion current US$ compare
- 42 Malaysia 58.41 billion current US$ compare
- 43 New Zealand 55.07 billion current US$ compare
- 44 Chile 53.81 billion current US$ compare
More economy & growth data for Pacific island small states
- Services, value added 3.3% (2024)
- Industry (including construction), value added 1.88 billion current US$ (2024)
- Industry (including construction), value added 1.49 billion constant 2015 US$ (2024)
- Industry (including construction), value added 7.2% (2024)
- Industry (including construction), value added 15.2% (2024)
- Services, value added 7.00 billion current US$ (2024)
- Services, value added 6.26 billion constant 2015 US$ (2024)
- Gross value added at basic prices (GVA) 10.84 billion current US$ (2024)
- GDP 13.01 billion current US$ (2025)
- Gross value added at basic prices (GVA) 9.11 billion constant 2015 US$ (2024)
Frequently asked questions
- What is general government final consumption expenditure in Pacific island small states?
- General government final consumption expenditure in Pacific island small states was 2.83 billion 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 Pacific island small states?
- The highest recorded value was 2.83 billion current US$ in 2024.
- What is the lowest general government final consumption expenditure recorded in Pacific island small states?
- The lowest recorded value was 788.42 million current US$ in 2003.
- How does Pacific island small states rank for general government final consumption expenditure?
- Pacific island small states ranks 41st out of 41 groups with data for 2024.
- Is general government final consumption expenditure rising or falling in Pacific island small states?
- Over the last ten years it is up 32.2%. The long-run trend across the full record is rising.
- Where does this Pacific island small states 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.