Gross national expenditure (constant 2015 US$) in Marshall Islands
Marshall Islands: Gross national expenditure (constant 2015 US$) was 326.93 million constant 2015 US$ in 2024. ▲ Rising
Gross national expenditure in Marshall Islands, 2004–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant 2015 US$.
Analysis
In 2024, gross national expenditure in Marshall Islands stood at 326.93 million constant 2015 US$.
That represents a change of down 0.2% on the previous year and up 16.1% over ten years.
Over the whole period, gross national expenditure in Marshall Islands peaked at 439.95 million constant 2015 US$ in 2019 and was at its lowest, 262.17 million constant 2015 US$, in 2008.
Marshall Islands ranks 163rd of 163 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 21 years of available data.
Gross national expenditure (constant 2015 US$) in Marshall Islands, year by year
| Year | constant 2015 US$ | Change |
|---|---|---|
| 2004 | 268.71 million constant 2015 US$ | — |
| 2005 | 278.03 million constant 2015 US$ | +3.5% |
| 2006 | 292.98 million constant 2015 US$ | +5.4% |
| 2007 | 299.75 million constant 2015 US$ | +2.3% |
| 2008 | 262.17 million constant 2015 US$ | -12.5% |
| 2009 | 291.49 million constant 2015 US$ | +11.2% |
| 2010 | 302.51 million constant 2015 US$ | +3.8% |
| 2011 | 276.92 million constant 2015 US$ | -8.5% |
| 2012 | 269.32 million constant 2015 US$ | -2.7% |
| 2013 | 301.80 million constant 2015 US$ | +12.1% |
| 2014 | 281.59 million constant 2015 US$ | -6.7% |
| 2015 | 277.34 million constant 2015 US$ | -1.5% |
| 2016 | 302.52 million constant 2015 US$ | +9.1% |
| 2017 | 328.40 million constant 2015 US$ | +8.6% |
| 2018 | 338.24 million constant 2015 US$ | +3.0% |
| 2019 | 439.95 million constant 2015 US$ | +30.1% |
| 2020 | 349.81 million constant 2015 US$ | -20.5% |
| 2021 | 352.98 million constant 2015 US$ | +0.9% |
| 2022 | 370.37 million constant 2015 US$ | +4.9% |
| 2023 | 327.63 million constant 2015 US$ | -11.5% |
| 2024 | 326.93 million constant 2015 US$ | -0.2% |
Marshall Islands compared with similar countries
- Marshall Islands's 326.93 million constant 2015 US$ is below the median for upper middle income countries, which is 63.48 billion constant 2015 US$, 1% of the median. (45 countries reporting)
- Marshall Islands's 326.93 million constant 2015 US$ is below the median for East Asia & Pacific, which is 24.21 billion constant 2015 US$, 1% of the median. (22 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 282.19 million constant 2015 US$ | 262.17 million constant 2015 US$ | 299.75 million constant 2015 US$ | 6 |
| 2010s | 311.86 million constant 2015 US$ | 269.32 million constant 2015 US$ | 439.95 million constant 2015 US$ | 10 |
| 2020s | 345.54 million constant 2015 US$ | 326.93 million constant 2015 US$ | 370.37 million constant 2015 US$ | 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)
- 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 in Marshall Islands?
- Gross national expenditure in Marshall Islands was 326.93 million constant 2015 US$ in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross national expenditure recorded in Marshall Islands?
- The highest recorded value was 439.95 million constant 2015 US$ in 2019.
- What is the lowest gross national expenditure recorded in Marshall Islands?
- The lowest recorded value was 262.17 million constant 2015 US$ in 2008.
- How does Marshall Islands rank for gross national expenditure?
- Marshall Islands ranks 163rd out of 163 countries with data for 2024.
- Is gross national expenditure rising or falling in Marshall Islands?
- Over the last ten years it is up 16.1%. The long-run trend across the full record is rising.
- Where does this Marshall Islands data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Gross national expenditure (constant 2015 US$). Statizoid updates them automatically from the source API.
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About this data
Gross national expenditure is the sum of household final consumption expenditure, general government final consumption expenditure, and gross capital formation. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2015. This indicator is expressed in United States dollars.