General government final consumption expenditure in Marshall Islands
Marshall Islands: General government final consumption expenditure was 54.5% in 2024. ▬ Flat
General government final consumption expenditure in Marshall Islands, 2004–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in % of GDP.
Analysis
Marshall Islands recorded 54.5% for general government final consumption expenditure in 2024.
That represents a change of down 4.6% on the previous year and up 2.7% over ten years.
Over the whole period, general government final consumption expenditure in Marshall Islands peaked at 66.0% in 2019 and was at its lowest, 53.1%, in 2014.
Marshall Islands ranks 3rd of 187 countries on this measure, in the top 10%.
General government final consumption expenditure in Marshall Islands, year by year
| Year | % of GDP | Change |
|---|---|---|
| 2004 | 60.6% | — |
| 2005 | 61.5% | +1.5% |
| 2006 | 61.2% | -0.5% |
| 2007 | 62.1% | +1.3% |
| 2008 | 64.8% | +4.5% |
| 2009 | 62.2% | -4.0% |
| 2010 | 57.1% | -8.2% |
| 2011 | 55.1% | -3.5% |
| 2012 | 54.9% | -0.3% |
| 2013 | 54.9% | -0.1% |
| 2014 | 53.1% | -3.3% |
| 2015 | 56.2% | +5.8% |
| 2016 | 56.4% | +0.4% |
| 2017 | 55.8% | -1.1% |
| 2018 | 59.9% | +7.5% |
| 2019 | 66.0% | +10.2% |
| 2020 | 61.3% | -7.1% |
| 2021 | 61.0% | -0.5% |
| 2022 | 62.1% | +1.7% |
| 2023 | 57.2% | -7.9% |
| 2024 | 54.5% | -4.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 62.1% | 60.6% | 64.8% | 6 |
| 2010s | 56.9% | 53.1% | 66.0% | 10 |
| 2020s | 59.2% | 54.5% | 62.1% | 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)
- Exports of goods and services (current LCU), annual growth rate 4.72 % change on previous year (2025)
- Exports of goods and services (current LCU), per unit of GDP 0.3604 current LCU per US$ of GDP (2025)
- Exports of goods and services (current LCU), per capita 3,059 current LCU per person (2025)
- Exports of goods and services (constant 2015 US$), annual growth rate 18.74 % change on previous year (2024)
- Exports of goods and services (constant 2015 US$), per unit of GDP 0.3175 constant 2015 US$ per US$ of GDP (2024)
- Exports of goods and services (constant 2015 US$), per capita 2,410 constant 2015 US$ per person (2024)
- Gross fixed capital formation (current US$), annual growth rate 24.94 % change on previous year (2024)
- Gross fixed capital formation (current US$), per unit of GDP 0.2286 current US$ per US$ of GDP (2024)
Frequently asked questions
- What is general government final consumption expenditure in Marshall Islands?
- General government final consumption expenditure in Marshall Islands was 54.5% in 2024, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest general government final consumption expenditure recorded in Marshall Islands?
- The highest recorded value was 66.0% in 2019.
- What is the lowest general government final consumption expenditure recorded in Marshall Islands?
- The lowest recorded value was 53.1% in 2014.
- How does Marshall Islands rank for general government final consumption expenditure?
- Marshall Islands ranks 3rd 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 2.7%. The long-run trend across the full record is flat.
- Where does this Marshall Islands data come from?
- The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of General government final consumption expenditure (% of GDP). 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 as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.