Gross national expenditure in Marshall Islands
Marshall Islands: Gross national expenditure was 326.93 million constant LCU 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 LCU.
Analysis
Marshall Islands recorded 326.93 million constant LCU for gross national expenditure in 2024.
Compared with earlier readings it is 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 LCU in 2019 and was at its lowest, 262.17 million constant LCU, in 2008.
Marshall Islands ranks 168th of 168 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 in Marshall Islands, year by year
| Year | constant LCU | Change |
|---|---|---|
| 2004 | 268.71 million constant LCU | — |
| 2005 | 278.03 million constant LCU | +3.5% |
| 2006 | 292.98 million constant LCU | +5.4% |
| 2007 | 299.75 million constant LCU | +2.3% |
| 2008 | 262.17 million constant LCU | -12.5% |
| 2009 | 291.49 million constant LCU | +11.2% |
| 2010 | 302.51 million constant LCU | +3.8% |
| 2011 | 276.92 million constant LCU | -8.5% |
| 2012 | 269.32 million constant LCU | -2.7% |
| 2013 | 301.80 million constant LCU | +12.1% |
| 2014 | 281.59 million constant LCU | -6.7% |
| 2015 | 277.34 million constant LCU | -1.5% |
| 2016 | 302.52 million constant LCU | +9.1% |
| 2017 | 328.40 million constant LCU | +8.6% |
| 2018 | 338.24 million constant LCU | +3.0% |
| 2019 | 439.95 million constant LCU | +30.1% |
| 2020 | 349.81 million constant LCU | -20.5% |
| 2021 | 352.98 million constant LCU | +0.9% |
| 2022 | 370.37 million constant LCU | +4.9% |
| 2023 | 327.63 million constant LCU | -11.5% |
| 2024 | 326.93 million constant LCU | -0.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 282.19 million constant LCU | 262.17 million constant LCU | 299.75 million constant LCU | 6 |
| 2010s | 311.86 million constant LCU | 269.32 million constant LCU | 439.95 million constant LCU | 10 |
| 2020s | 345.54 million constant LCU | 326.93 million constant LCU | 370.37 million constant LCU | 5 |
Countries ranked near Marshall Islands
More economy & growth data for Marshall Islands
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 1.5 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 0.6305 Percent per annum (2029)
- Taxes less subsidies on products (current LCU), per unit of GDP 0.0423 current LCU per US$ of GDP (2024)
- Gdp worldbank constant usd, annual growth rate 2.28 % change on previous year (2025)
- Gdp worldbank constant usd, per unit of GDP 0.7273 units per US$ of GDP (2025)
- Gdp worldbank constant usd, per capita 6,174 units per person (2025)
- Manufacturing value added to gdp, per unit of GDP 0 units per US$ of GDP (2024)
- Manufacturing value added to gdp, per capita 0.0001 units per person (2024)
- External balance on goods and services as a percent of gdp -43.83 (2025)
- Taxes less subsidies on products (current LCU), per capita 321 current LCU per person (2024)
Frequently asked questions
- What is gross national expenditure in Marshall Islands?
- Gross national expenditure in Marshall Islands was 326.93 million constant LCU 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 LCU in 2019.
- What is the lowest gross national expenditure recorded in Marshall Islands?
- The lowest recorded value was 262.17 million constant LCU in 2008.
- How does Marshall Islands rank for gross national expenditure?
- Marshall Islands ranks 168th out of 168 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 LCU). 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 varies by country. This series is expressed in local currency units.