Government spending vs. GDP, per unit of GDP in Marshall Islands
Marshall Islands: Government spending vs. GDP, per unit of GDP was 0.4135 constant 2015 US$ per US$ of GDP in 2024. ▼ Falling
Government spending vs. GDP, per unit of GDP in Marshall Islands, 2004–2024
Source: Statizoid (derived). Measured in constant 2015 US$ per US$ of GDP.
Analysis
Marshall Islands recorded 0.4135 constant 2015 US$ per US$ of GDP for government spending vs. gdp, per unit of gdp in 2024. That is the lowest value across all 21 years on record.
The figure is down 11.2% on the previous year and down 23.1% over ten years.
Over the whole period, government spending vs. gdp, per unit of gdp in Marshall Islands peaked at 0.7042 constant 2015 US$ per US$ of GDP in 2004 and was at its lowest, 0.4135 constant 2015 US$ per US$ of GDP, in 2024.
That places Marshall Islands 3rd out of 166 countries with data for 2024, putting it in the top 10%.
The long-run direction has been consistently falling across the 21 years of available data.
Government spending vs. GDP, per unit of GDP in Marshall Islands, year by year
| Year | constant 2015 US$ per US$ of GDP | Change |
|---|---|---|
| 2004 | 0.7042 constant 2015 US$ per US$ of GDP | — |
| 2005 | 0.685 constant 2015 US$ per US$ of GDP | -2.7% |
| 2006 | 0.685 constant 2015 US$ per US$ of GDP | -0.0% |
| 2007 | 0.6859 constant 2015 US$ per US$ of GDP | +0.1% |
| 2008 | 0.6811 constant 2015 US$ per US$ of GDP | -0.7% |
| 2009 | 0.6579 constant 2015 US$ per US$ of GDP | -3.4% |
| 2010 | 0.612 constant 2015 US$ per US$ of GDP | -7.0% |
| 2011 | 0.5787 constant 2015 US$ per US$ of GDP | -5.4% |
| 2012 | 0.5744 constant 2015 US$ per US$ of GDP | -0.7% |
| 2013 | 0.5677 constant 2015 US$ per US$ of GDP | -1.2% |
| 2014 | 0.538 constant 2015 US$ per US$ of GDP | -5.2% |
| 2015 | 0.5618 constant 2015 US$ per US$ of GDP | +4.4% |
| 2016 | 0.5547 constant 2015 US$ per US$ of GDP | -1.3% |
| 2017 | 0.5346 constant 2015 US$ per US$ of GDP | -3.6% |
| 2018 | 0.5649 constant 2015 US$ per US$ of GDP | +5.7% |
| 2019 | 0.6023 constant 2015 US$ per US$ of GDP | +6.6% |
| 2020 | 0.5444 constant 2015 US$ per US$ of GDP | -9.6% |
| 2021 | 0.5278 constant 2015 US$ per US$ of GDP | -3.0% |
| 2022 | 0.5246 constant 2015 US$ per US$ of GDP | -0.6% |
| 2023 | 0.4657 constant 2015 US$ per US$ of GDP | -11.2% |
| 2024 | 0.4135 constant 2015 US$ per US$ of GDP | -11.2% |
Marshall Islands compared with similar countries
- Marshall Islands's 0.4135 constant 2015 US$ per US$ of GDP is above the median for upper middle income countries, which is 0.1226 constant 2015 US$ per US$ of GDP, 3.4× the median. (45 countries reporting)
- Marshall Islands's 0.4135 constant 2015 US$ per US$ of GDP is above the median for East Asia & Pacific, which is 0.1455 constant 2015 US$ per US$ of GDP, 2.8× the median. (24 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.6832 constant 2015 US$ per US$ of GDP | 0.6579 constant 2015 US$ per US$ of GDP | 0.7042 constant 2015 US$ per US$ of GDP | 6 |
| 2010s | 0.5689 constant 2015 US$ per US$ of GDP | 0.5346 constant 2015 US$ per US$ of GDP | 0.612 constant 2015 US$ per US$ of GDP | 10 |
| 2020s | 0.4952 constant 2015 US$ per US$ of GDP | 0.4135 constant 2015 US$ per US$ of GDP | 0.5444 constant 2015 US$ per US$ of GDP | 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)
- 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, per unit of gdp in Marshall Islands?
- Government spending vs. gdp, per unit of gdp in Marshall Islands was 0.4135 constant 2015 US$ per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest government spending vs. gdp, per unit of gdp recorded in Marshall Islands?
- The highest recorded value was 0.7042 constant 2015 US$ per US$ of GDP in 2004.
- What is the lowest government spending vs. gdp, per unit of gdp recorded in Marshall Islands?
- The lowest recorded value was 0.4135 constant 2015 US$ per US$ of GDP in 2024.
- How does Marshall Islands rank for government spending vs. gdp, per unit of gdp?
- Marshall Islands ranks 3rd out of 166 countries with data for 2024.
- Is government spending vs. gdp, per unit of gdp rising or falling in Marshall Islands?
- Over the last ten years it is down 23.1%. The long-run trend across the full record is falling.
- Where does this Marshall Islands data come from?
- The figures come from Statizoid (derived), published as part of Government spending vs. GDP, per unit of GDP. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 21 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Government spending vs. GDP divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Government spending vs. GDP ÷ GDP (current US$)
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
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
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
Government spending vs. GDP divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.