Gross national expenditure (constant 2015 US$), annual growth rate in Marshall Islands
Marshall Islands: Gross national expenditure (constant 2015 US$), annual growth rate was -0.2137 % change on previous year in 2024. ◆ Volatile
Gross national expenditure (constant 2015 US$), annual growth rate in Marshall Islands, 2005–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Marshall Islands recorded -0.2137 % change on previous year for gross national expenditure (constant 2015 us$), annual growth rate in 2024.
That represents a change of up 98.1% on the previous year and up 96.8% over ten years.
Over the whole period, gross national expenditure (constant 2015 us$), annual growth rate in Marshall Islands peaked at 30.07 % change on previous year in 2019 and was at its lowest, -20.49 % change on previous year, in 2020.
Marshall Islands ranks 144th of 163 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross national expenditure (constant 2015 US$), annual growth rate in Marshall Islands, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 2005 | 3.47 % change on previous year | — |
| 2006 | 5.38 % change on previous year | +55.2% |
| 2007 | 2.31 % change on previous year | -57.0% |
| 2008 | -12.54 % change on previous year | -642.6% |
| 2009 | 11.18 % change on previous year | -189.2% |
| 2010 | 3.78 % change on previous year | -66.2% |
| 2011 | -8.46 % change on previous year | -323.8% |
| 2012 | -2.74 % change on previous year | -67.6% |
| 2013 | 12.06 % change on previous year | -539.7% |
| 2014 | -6.7 % change on previous year | -155.5% |
| 2015 | -1.51 % change on previous year | -77.5% |
| 2016 | 9.08 % change on previous year | -701.4% |
| 2017 | 8.56 % change on previous year | -5.8% |
| 2018 | 3 % change on previous year | -65.0% |
| 2019 | 30.07 % change on previous year | +903.2% |
| 2020 | -20.49 % change on previous year | -168.1% |
| 2021 | 0.9059 % change on previous year | -104.4% |
| 2022 | 4.93 % change on previous year | +444.0% |
| 2023 | -11.54 % change on previous year | -334.1% |
| 2024 | -0.2137 % change on previous year | -98.1% |
Marshall Islands compared with similar countries
- Marshall Islands's -0.2137 % change on previous year is below the median for upper middle income countries, which is 5.25 % change on previous year. (45 countries reporting)
- Marshall Islands's -0.2137 % change on previous year is below the median for East Asia & Pacific, which is 3.67 % change on previous year. (22 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1.96 % change on previous year | -12.54 % change on previous year | 11.18 % change on previous year | 5 |
| 2010s | 4.71 % change on previous year | -8.46 % change on previous year | 30.07 % change on previous year | 10 |
| 2020s | -5.28 % change on previous year | -20.49 % change on previous year | 4.93 % change on previous year | 5 |
Countries ranked near Marshall Islands
- 141 Senegal 0.0619 % change on previous year compare
- 142 Bulgaria 0 % change on previous year compare
- 143 Samoa -0.1254 % change on previous year compare
- 145 Japan -0.2218 % change on previous year compare
- 146 Finland -0.2969 % change on previous year compare
- 147 Greenland -0.3182 % 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)
- SDRs holdings, US dollar, annual growth rate 4.97 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0342 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 290.63 units per person (2025)
- SDRs holdings, SDR, annual growth rate -0.0384 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.025 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 212.21 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 5.01 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0202 units per US$ of GDP (2025)
Frequently asked questions
- What is gross national expenditure (constant 2015 us$), annual growth rate in Marshall Islands?
- Gross national expenditure (constant 2015 us$), annual growth rate in Marshall Islands was -0.2137 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest gross national expenditure (constant 2015 us$), annual growth rate recorded in Marshall Islands?
- The highest recorded value was 30.07 % change on previous year in 2019.
- What is the lowest gross national expenditure (constant 2015 us$), annual growth rate recorded in Marshall Islands?
- The lowest recorded value was -20.49 % change on previous year in 2020.
- How does Marshall Islands rank for gross national expenditure (constant 2015 us$), annual growth rate?
- Marshall Islands ranks 144th out of 163 countries with data for 2024.
- Is gross national expenditure (constant 2015 us$), annual growth rate rising or falling in Marshall Islands?
- Over the last ten years it is up 96.8%. 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 Gross national expenditure (constant 2015 US$), annual growth rate. Statizoid updates them automatically from the source API.
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How this figure is calculated
The year-on-year percentage change in Gross national expenditure (constant 2015 US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross national expenditure 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
The year-on-year percentage change in Gross national expenditure (constant 2015 US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.