Gross national expenditure in Small states
Small states: Gross national expenditure was 253.87 billion constant 2015 US$ in 2025. ▲ Rising
Gross national expenditure in Small states, 1993–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant 2015 US$.
Analysis
In 2025, gross national expenditure in Small states stood at 253.87 billion constant 2015 US$. That is the highest value across all 33 years on record.
The figure is up 2.2% on the previous year and up 38.4% over ten years.
Over the whole period, gross national expenditure in Small states peaked at 253.87 billion constant 2015 US$ in 2025 and was at its lowest, 92.27 billion constant 2015 US$, in 1993.
That places Small states 38th out of 39 groups with data for 2025, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 33 years of available data.
Gross national expenditure in Small states, year by year
| Year | constant 2015 US$ | Change |
|---|---|---|
| 1993 | 92.27 billion constant 2015 US$ | — |
| 1994 | 94.81 billion constant 2015 US$ | +2.7% |
| 1995 | 100.04 billion constant 2015 US$ | +5.5% |
| 1996 | 109.20 billion constant 2015 US$ | +9.2% |
| 1997 | 113.58 billion constant 2015 US$ | +4.0% |
| 1998 | 119.45 billion constant 2015 US$ | +5.2% |
| 1999 | 121.74 billion constant 2015 US$ | +1.9% |
| 2000 | 126.43 billion constant 2015 US$ | +3.9% |
| 2001 | 129.43 billion constant 2015 US$ | +2.4% |
| 2002 | 135.61 billion constant 2015 US$ | +4.8% |
| 2003 | 140.32 billion constant 2015 US$ | +3.5% |
| 2004 | 147.28 billion constant 2015 US$ | +5.0% |
| 2005 | 157.69 billion constant 2015 US$ | +7.1% |
| 2006 | 170.40 billion constant 2015 US$ | +8.1% |
| 2007 | 180.83 billion constant 2015 US$ | +6.1% |
| 2008 | 182.54 billion constant 2015 US$ | +0.9% |
| 2009 | 166.29 billion constant 2015 US$ | -8.9% |
| 2010 | 169.63 billion constant 2015 US$ | +2.0% |
| 2011 | 174.59 billion constant 2015 US$ | +2.9% |
| 2012 | 178.80 billion constant 2015 US$ | +2.4% |
| 2013 | 177.29 billion constant 2015 US$ | -0.8% |
| 2014 | 177.91 billion constant 2015 US$ | +0.4% |
| 2015 | 183.47 billion constant 2015 US$ | +3.1% |
| 2016 | 192.76 billion constant 2015 US$ | +5.1% |
| 2017 | 204.00 billion constant 2015 US$ | +5.8% |
| 2018 | 213.52 billion constant 2015 US$ | +4.7% |
| 2019 | 219.53 billion constant 2015 US$ | +2.8% |
| 2020 | 207.92 billion constant 2015 US$ | -5.3% |
| 2021 | 220.94 billion constant 2015 US$ | +6.3% |
| 2022 | 232.94 billion constant 2015 US$ | +5.4% |
| 2023 | 240.04 billion constant 2015 US$ | +3.0% |
| 2024 | 248.28 billion constant 2015 US$ | +3.4% |
| 2025 | 253.87 billion constant 2015 US$ | +2.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 107.30 billion constant 2015 US$ | 92.27 billion constant 2015 US$ | 121.74 billion constant 2015 US$ | 7 |
| 2000s | 153.68 billion constant 2015 US$ | 126.43 billion constant 2015 US$ | 182.54 billion constant 2015 US$ | 10 |
| 2010s | 189.15 billion constant 2015 US$ | 169.63 billion constant 2015 US$ | 219.53 billion constant 2015 US$ | 10 |
| 2020s | 234.00 billion constant 2015 US$ | 207.92 billion constant 2015 US$ | 253.87 billion constant 2015 US$ | 6 |
Countries ranked near Small states
- 35 Bangladesh 368.35 billion constant 2015 US$ compare
- 36 Denmark 325.75 billion constant 2015 US$ compare
- 37 Ireland 318.53 billion constant 2015 US$ compare
- 38 Chile 310.48 billion constant 2015 US$ compare
- 39 Singapore 305.90 billion constant 2015 US$ compare
- 40 Romania 267.01 billion constant 2015 US$ compare
- 41 Algeria 258.92 billion constant 2015 US$ compare
More economy & growth data for Small states
- Agriculture, forestry, and fishing, value added 8.84 billion constant 2015 US$ (2025)
- Imports of goods and services 236.83 billion current US$ (2025)
- Imports of goods and services 191.89 billion constant 2015 US$ (2025)
- Imports of goods and services 2.5% (2025)
- Imports of goods and services 70.2% (2025)
- External balance on goods and services 4.7% (2025)
- Trade in services 69.2% (2024)
- Industry (including construction), value added 81.58 billion current US$ (2025)
- Manufacturing, value added 7.8% (2024)
- Manufacturing, value added 19.20 billion constant 2015 US$ (2024)
Frequently asked questions
- What is gross national expenditure in Small states?
- Gross national expenditure in Small states was 253.87 billion constant 2015 US$ in 2025, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross national expenditure recorded in Small states?
- The highest recorded value was 253.87 billion constant 2015 US$ in 2025.
- What is the lowest gross national expenditure recorded in Small states?
- The lowest recorded value was 92.27 billion constant 2015 US$ in 1993.
- How does Small states rank for gross national expenditure?
- Small states ranks 38th out of 39 groups with data for 2025.
- Is gross national expenditure rising or falling in Small states?
- Over the last ten years it is up 38.4%. The long-run trend across the full record is rising.
- Where does this Small states 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.