Government expenditure vs gdp in Marshall Islands
Marshall Islands: Government expenditure vs gdp was 117.85 million in 2024. ▲ Rising
Latest (2024)
117.85 million
Change on year
down 4.2%
World rank
164th
of 166 countries
All-time high
140.28 million
in 2019
All-time low
93.59 million
in 2004
Years of data
21
2004–2024
Government expenditure vs gdp in Marshall Islands, 2004–2024
Source: Our World in Data.
Analysis
In 2024, government expenditure vs gdp in Marshall Islands stood at 117.85 million.
The figure is down 4.2% on the previous year and up 17.8% over ten years.
Over the whole period, government expenditure vs gdp in Marshall Islands peaked at 140.28 million in 2019 and was at its lowest, 93.59 million, in 2004.
Marshall Islands ranks 164th of 166 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 21 years of available data.
Government expenditure vs gdp in Marshall Islands, year by year
| Year | Value | Change |
|---|---|---|
| 2004 | 93.59 million | — |
| 2005 | 94.54 million | +1.0% |
| 2006 | 98.09 million | +3.8% |
| 2007 | 103.22 million | +5.2% |
| 2008 | 99.85 million | -3.3% |
| 2009 | 99.47 million | -0.4% |
| 2010 | 98.60 million | -0.9% |
| 2011 | 99.71 million | +1.1% |
| 2012 | 103.79 million | +4.1% |
| 2013 | 105.83 million | +2.0% |
| 2014 | 100.07 million | -5.4% |
| 2015 | 103.19 million | +3.1% |
| 2016 | 111.94 million | +8.5% |
| 2017 | 114.25 million | +2.1% |
| 2018 | 124.28 million | +8.8% |
| 2019 | 140.28 million | +12.9% |
| 2020 | 131.64 million | -6.2% |
| 2021 | 137.89 million | +4.8% |
| 2022 | 135.73 million | -1.6% |
| 2023 | 122.96 million | -9.4% |
| 2024 | 117.85 million | -4.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 98.13 million | 93.59 million | 103.22 million | 6 |
| 2010s | 110.20 million | 98.60 million | 140.28 million | 10 |
| 2020s | 129.21 million | 117.85 million | 137.89 million | 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)
- Taxes less subsidies on products (current LCU), per unit of GDP 0.0423 current LCU per US$ of GDP (2024)
- Manufacturing value added to gdp, per capita 0.0001 units per person (2024)
- Manufacturing value added to gdp, per unit of GDP 0 units per US$ of GDP (2024)
- External balance on goods and services as a percent of gdp -43.83 (2025)
- Gdp worldbank constant usd, per capita 6,174 units per person (2025)
- Gdp worldbank constant usd, per unit of GDP 0.7273 units per US$ of GDP (2025)
- Gdp worldbank constant usd, annual growth rate 2.28 % change on previous year (2025)
- Taxes less subsidies on products (current LCU), per capita 321 current LCU per person (2024)
Frequently asked questions
- What is government expenditure vs gdp in Marshall Islands?
- Government expenditure vs gdp in Marshall Islands was 117.85 million in 2024, according to Our World in Data.
- What is the highest government expenditure vs gdp recorded in Marshall Islands?
- The highest recorded value was 140.28 million in 2019.
- What is the lowest government expenditure vs gdp recorded in Marshall Islands?
- The lowest recorded value was 93.59 million in 2004.
- How does Marshall Islands rank for government expenditure vs gdp?
- Marshall Islands ranks 164th out of 166 countries with data for 2024.
- Is government expenditure vs gdp 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 Our World in Data, published as part of Government expenditure vs gdp. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 21 observations, free to reuse under CC BY 4.0 (Our World in Data).