Gross national expenditure (constant 2015 US$), per unit of GDP in Small states

Small states: Gross national expenditure (constant 2015 US$), per unit of GDP was 0.7526 constant 2015 US$ per US$ of GDP in 2025. ▼ Falling

Latest (2025)
0.7526 constant 2015 US$ per US$ of GDP
Change on year
down 5.7%
Rank
36th
of 41 groups
All-time high
1.79 constant 2015 US$ per US$ of GDP
in 1993
All-time low
0.7526 constant 2015 US$ per US$ of GDP
in 2025
Years of data
33
1993–2025

Gross national expenditure (constant 2015 US$), per unit of GDP in Small states, 1993–2025

00.511.521993200920251993: 1.8 constant 2015 US$ per US$ of GDP1994: 1.7 constant 2015 US$ per US$ of GDP1995: 1.6 constant 2015 US$ per US$ of GDP1996: 1.7 constant 2015 US$ per US$ of GDP1997: 1.6 constant 2015 US$ per US$ of GDP1998: 1.7 constant 2015 US$ per US$ of GDP1999: 1.6 constant 2015 US$ per US$ of GDP2000: 1.7 constant 2015 US$ per US$ of GDP2001: 1.7 constant 2015 US$ per US$ of GDP2002: 1.6 constant 2015 US$ per US$ of GDP2003: 1.4 constant 2015 US$ per US$ of GDP2004: 1.3 constant 2015 US$ per US$ of GDP2005: 1.2 constant 2015 US$ per US$ of GDP2006: 1.2 constant 2015 US$ per US$ of GDP2007: 1.1 constant 2015 US$ per US$ of GDP2008: 0.965 constant 2015 US$ per US$ of GDP2009: 1 constant 2015 US$ per US$ of GDP2010: 0.985 constant 2015 US$ per US$ of GDP2011: 0.903 constant 2015 US$ per US$ of GDP2012: 0.921 constant 2015 US$ per US$ of GDP2013: 0.879 constant 2015 US$ per US$ of GDP2014: 0.851 constant 2015 US$ per US$ of GDP2015: 0.95 constant 2015 US$ per US$ of GDP2016: 0.984 constant 2015 US$ per US$ of GDP2017: 0.955 constant 2015 US$ per US$ of GDP2018: 0.927 constant 2015 US$ per US$ of GDP2019: 0.948 constant 2015 US$ per US$ of GDP2020: 0.995 constant 2015 US$ per US$ of GDP2021: 0.904 constant 2015 US$ per US$ of GDP2022: 0.86 constant 2015 US$ per US$ of GDP2023: 0.834 constant 2015 US$ per US$ of GDP2024: 0.798 constant 2015 US$ per US$ of GDP2025: 0.753 constant 2015 US$ per US$ of GDP

Source: Statizoid (derived). Measured in constant 2015 US$ per US$ of GDP.

Analysis

In 2025, gross national expenditure (constant 2015 us$), per unit of gdp in Small states stood at 0.7526 constant 2015 US$ per US$ of GDP. That is the lowest value across all 33 years on record.

That represents a change of down 5.7% on the previous year and down 20.8% over ten years.

Over the whole period, gross national expenditure (constant 2015 us$), per unit of gdp in Small states peaked at 1.79 constant 2015 US$ per US$ of GDP in 1993 and was at its lowest, 0.7526 constant 2015 US$ per US$ of GDP, in 2025.

Small states ranks 36th of 41 groups on this measure, in the bottom quarter.

The long-run direction has been consistently falling across the 33 years of available data.

Gross national expenditure (constant 2015 US$), per unit of GDP in Small states, year by year

Annual values for Gross national expenditure (constant 2015 US$), per unit of GDP in Small states, 1993 to 2025.
Year constant 2015 US$ per US$ of GDP Change
1993 1.79 constant 2015 US$ per US$ of GDP
1994 1.72 constant 2015 US$ per US$ of GDP -3.9%
1995 1.59 constant 2015 US$ per US$ of GDP -8.0%
1996 1.66 constant 2015 US$ per US$ of GDP +4.6%
1997 1.64 constant 2015 US$ per US$ of GDP -0.9%
1998 1.7 constant 2015 US$ per US$ of GDP +3.4%
1999 1.64 constant 2015 US$ per US$ of GDP -3.6%
2000 1.65 constant 2015 US$ per US$ of GDP +0.8%
2001 1.67 constant 2015 US$ per US$ of GDP +1.1%
2002 1.63 constant 2015 US$ per US$ of GDP -2.6%
2003 1.41 constant 2015 US$ per US$ of GDP -13.4%
2004 1.28 constant 2015 US$ per US$ of GDP -9.4%
2005 1.21 constant 2015 US$ per US$ of GDP -4.9%
2006 1.17 constant 2015 US$ per US$ of GDP -3.8%
2007 1.05 constant 2015 US$ per US$ of GDP -9.7%
2008 0.9646 constant 2015 US$ per US$ of GDP -8.6%
2009 1.03 constant 2015 US$ per US$ of GDP +6.6%
2010 0.9849 constant 2015 US$ per US$ of GDP -4.2%
2011 0.9035 constant 2015 US$ per US$ of GDP -8.3%
2012 0.921 constant 2015 US$ per US$ of GDP +1.9%
2013 0.8791 constant 2015 US$ per US$ of GDP -4.6%
2014 0.8515 constant 2015 US$ per US$ of GDP -3.1%
2015 0.9497 constant 2015 US$ per US$ of GDP +11.5%
2016 0.984 constant 2015 US$ per US$ of GDP +3.6%
2017 0.9553 constant 2015 US$ per US$ of GDP -2.9%
2018 0.9273 constant 2015 US$ per US$ of GDP -2.9%
2019 0.9484 constant 2015 US$ per US$ of GDP +2.3%
2020 0.9951 constant 2015 US$ per US$ of GDP +4.9%
2021 0.9043 constant 2015 US$ per US$ of GDP -9.1%
2022 0.86 constant 2015 US$ per US$ of GDP -4.9%
2023 0.8345 constant 2015 US$ per US$ of GDP -3.0%
2024 0.7979 constant 2015 US$ per US$ of GDP -4.4%
2025 0.7526 constant 2015 US$ per US$ of GDP -5.7%

Averages by decade

DecadeAverage LowestHighest Years
1990s 1.68 constant 2015 US$ per US$ of GDP 1.59 constant 2015 US$ per US$ of GDP 1.79 constant 2015 US$ per US$ of GDP 7
2000s 1.31 constant 2015 US$ per US$ of GDP 0.9646 constant 2015 US$ per US$ of GDP 1.67 constant 2015 US$ per US$ of GDP 10
2010s 0.9305 constant 2015 US$ per US$ of GDP 0.8515 constant 2015 US$ per US$ of GDP 0.9849 constant 2015 US$ per US$ of GDP 10
2020s 0.8574 constant 2015 US$ per US$ of GDP 0.7526 constant 2015 US$ per US$ of GDP 0.9951 constant 2015 US$ per US$ of GDP 6

Countries ranked near Small states

  1. 33 Nepal 0.9996 constant 2015 US$ per US$ of GDP compare
  2. 34 El Salvador 0.9949 constant 2015 US$ per US$ of GDP compare
  3. 35 Tunisia 0.9777 constant 2015 US$ per US$ of GDP compare
  4. 36 Bhutan 0.9765 constant 2015 US$ per US$ of GDP compare
  5. 37 Central African Republic 0.9763 constant 2015 US$ per US$ of GDP compare
  6. 38 Rwanda 0.9745 constant 2015 US$ per US$ of GDP compare
  7. 39 Kosovo 0.971 constant 2015 US$ per US$ of GDP compare
  8. 39 Kosovo (UNSCR 1244) 0.971 constant 2015 US$ per US$ of GDP compare

See the full ranking of 204 places →

More economy & growth data for Small states

All data for Small states →

Frequently asked questions

What is gross national expenditure (constant 2015 us$), per unit of gdp in Small states?
Gross national expenditure (constant 2015 us$), per unit of gdp in Small states was 0.7526 constant 2015 US$ per US$ of GDP in 2025, according to Statizoid (derived).
What is the highest gross national expenditure (constant 2015 us$), per unit of gdp recorded in Small states?
The highest recorded value was 1.79 constant 2015 US$ per US$ of GDP in 1993.
What is the lowest gross national expenditure (constant 2015 us$), per unit of gdp recorded in Small states?
The lowest recorded value was 0.7526 constant 2015 US$ per US$ of GDP in 2025.
How does Small states rank for gross national expenditure (constant 2015 us$), per unit of gdp?
Small states ranks 36th out of 41 groups with data for 2025.
Is gross national expenditure (constant 2015 us$), per unit of gdp rising or falling in Small states?
Over the last ten years it is down 20.8%. The long-run trend across the full record is falling.
Where does this Small states data come from?
The figures come from Statizoid (derived), published as part of Gross national expenditure (constant 2015 US$), per unit of GDP. Statizoid updates them automatically from the source API.

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Gross national expenditure (constant 2015 US$), per unit of GDP in Small states. Statizoid, drawing on Statizoid (derived). Retrieved 08 September 2026, from https://economy.statizoid.com/stat/gross-national-expenditure-constant-2015-us-per-unit-of-gdp/small-states/

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How this figure is calculated

Gross national expenditure (constant 2015 US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.

Gross national expenditure (constant 2015 US$) ÷ GDP (current US$)

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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

Indicator
Gross national expenditure (constant 2015 US$), per unit of GDP
Unit
constant 2015 US$ per US$ of GDP
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
204 places, 8,398 data points, 1960–2025
Last refreshed

Gross national expenditure (constant 2015 US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.