Gross national expenditure (current LCU) in Marshall Islands
Marshall Islands: Gross national expenditure (current LCU) was 413.62 million current 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 current LCU.
Analysis
Marshall Islands recorded 413.62 million current LCU for gross national expenditure in 2024.
Compared with earlier readings it is up 6.3% on the previous year and up 47.8% over ten years.
Over the whole period, gross national expenditure in Marshall Islands peaked at 452.43 million current LCU in 2019 and was at its lowest, 210.69 million current LCU, in 2004.
That places Marshall Islands 186th out of 186 countries with data for 2024, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 21 years of available data.
Gross national expenditure (current LCU) in Marshall Islands, year by year
| Year | current LCU | Change |
|---|---|---|
| 2004 | 210.69 million current LCU | — |
| 2005 | 224.94 million current LCU | +6.8% |
| 2006 | 244.65 million current LCU | +8.8% |
| 2007 | 258.07 million current LCU | +5.5% |
| 2008 | 247.19 million current LCU | -4.2% |
| 2009 | 273.37 million current LCU | +10.6% |
| 2010 | 285.85 million current LCU | +4.6% |
| 2011 | 268.50 million current LCU | -6.1% |
| 2012 | 261.43 million current LCU | -2.6% |
| 2013 | 294.40 million current LCU | +12.6% |
| 2014 | 279.85 million current LCU | -4.9% |
| 2015 | 277.34 million current LCU | -0.9% |
| 2016 | 302.87 million current LCU | +9.2% |
| 2017 | 329.26 million current LCU | +8.7% |
| 2018 | 347.09 million current LCU | +5.4% |
| 2019 | 452.43 million current LCU | +30.3% |
| 2020 | 368.06 million current LCU | -18.6% |
| 2021 | 382.18 million current LCU | +3.8% |
| 2022 | 415.28 million current LCU | +8.7% |
| 2023 | 389.01 million current LCU | -6.3% |
| 2024 | 413.62 million current LCU | +6.3% |
Marshall Islands compared with similar countries
- Marshall Islands's 413.62 million current LCU is below the median for upper middle income countries, which is 1.71 trillion current LCU, 0% of the median. (52 countries reporting)
- Marshall Islands's 413.62 million current LCU is below the median for East Asia & Pacific, which is 890.20 billion current LCU, 0% of the median. (29 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 243.15 million current LCU | 210.69 million current LCU | 273.37 million current LCU | 6 |
| 2010s | 309.90 million current LCU | 261.43 million current LCU | 452.43 million current LCU | 10 |
| 2020s | 393.63 million current LCU | 368.06 million current LCU | 415.28 million current LCU | 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 413.62 million current 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 452.43 million current LCU in 2019.
- What is the lowest gross national expenditure recorded in Marshall Islands?
- The lowest recorded value was 210.69 million current LCU in 2004.
- How does Marshall Islands rank for gross national expenditure?
- Marshall Islands ranks 186th out of 186 countries with data for 2024.
- Is gross national expenditure rising or falling in Marshall Islands?
- Over the last ten years it is up 47.8%. 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 (current 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 current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.