Government spending vs. GDP, annual growth rate in Marshall Islands
Marshall Islands: Government spending vs. GDP, annual growth rate was -4.16 % change on previous year in 2024. ◆ Volatile
Government spending vs. GDP, annual growth rate in Marshall Islands, 2005–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for government spending vs. gdp, annual growth rate in Marshall Islands is -4.16 % change on previous year, measured in 2024.
That represents a change of up 55.8% on the previous year and up 23.5% over ten years.
Over the whole period, government spending vs. gdp, annual growth rate in Marshall Islands peaked at 12.87 % change on previous year in 2019 and was at its lowest, -9.41 % change on previous year, in 2023.
That places Marshall Islands 156th out of 166 countries with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Government spending vs. GDP, annual growth rate in Marshall Islands, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 2005 | 1.01 % change on previous year | — |
| 2006 | 3.76 % change on previous year | +270.6% |
| 2007 | 5.23 % change on previous year | +39.1% |
| 2008 | -3.27 % change on previous year | -162.5% |
| 2009 | -0.3785 % change on previous year | -88.4% |
| 2010 | -0.877 % change on previous year | +131.7% |
| 2011 | 1.13 % change on previous year | -228.3% |
| 2012 | 4.09 % change on previous year | +263.8% |
| 2013 | 1.96 % change on previous year | -52.1% |
| 2014 | -5.44 % change on previous year | -377.2% |
| 2015 | 3.12 % change on previous year | -157.4% |
| 2016 | 8.47 % change on previous year | +171.7% |
| 2017 | 2.06 % change on previous year | -75.7% |
| 2018 | 8.78 % change on previous year | +325.9% |
| 2019 | 12.87 % change on previous year | +46.5% |
| 2020 | -6.16 % change on previous year | -147.9% |
| 2021 | 4.75 % change on previous year | -177.1% |
| 2022 | -1.57 % change on previous year | -133.1% |
| 2023 | -9.41 % change on previous year | +498.3% |
| 2024 | -4.16 % change on previous year | -55.8% |
Marshall Islands compared with similar countries
- Marshall Islands's -4.16 % change on previous year is below the median for upper middle income countries, which is 1.92 % change on previous year. (45 countries reporting)
- Marshall Islands's -4.16 % change on previous year is below the median for East Asia & Pacific, which is 2.04 % change on previous year. (24 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1.27 % change on previous year | -3.27 % change on previous year | 5.23 % change on previous year | 5 |
| 2010s | 3.62 % change on previous year | -5.44 % change on previous year | 12.87 % change on previous year | 10 |
| 2020s | -3.31 % change on previous year | -9.41 % change on previous year | 4.75 % change on previous year | 5 |
Countries ranked near Marshall Islands
- 153 Democratic Republic of Congo -3.36 % change on previous year compare
- 154 El Salvador -3.38 % change on previous year compare
- 155 Saudi Arabia -3.49 % change on previous year compare
- 157 United States Virgin Islands -4.43 % change on previous year compare
- 158 Djibouti -4.53 % change on previous year compare
- 159 Madagascar -4.59 % change on previous year compare
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)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 13.36 million BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual 46.01 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0469 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 355.78 BoP, current US$ per person (2024)
- General government final consumption expenditure (current US$) 2.99 % change on previous year (2024)
- General government final consumption expenditure (current US$), per 0.5453 current US$ per US$ of GDP (2024)
- General government final consumption expenditure (current US$), per 4,139 current US$ per person (2024)
- General government final consumption expenditure (current LCU) 2.99 % change on previous year (2024)
Frequently asked questions
- What is government spending vs. gdp, annual growth rate in Marshall Islands?
- Government spending vs. gdp, annual growth rate in Marshall Islands was -4.16 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest government spending vs. gdp, annual growth rate recorded in Marshall Islands?
- The highest recorded value was 12.87 % change on previous year in 2019.
- What is the lowest government spending vs. gdp, annual growth rate recorded in Marshall Islands?
- The lowest recorded value was -9.41 % change on previous year in 2023.
- How does Marshall Islands rank for government spending vs. gdp, annual growth rate?
- Marshall Islands ranks 156th out of 166 countries with data for 2024.
- Is government spending vs. gdp, annual growth rate rising or falling in Marshall Islands?
- Over the last ten years it is up 23.5%. The long-run trend across the full record is volatile.
- Where does this Marshall Islands data come from?
- The figures come from Statizoid (derived), published as part of Government spending vs. GDP, annual growth rate. Statizoid updates them automatically from the source API.
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CSV · JSON — 20 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Government spending vs. GDP. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Government spending vs. GDP National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Government spending vs. GDP. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.