Gross national expenditure (current US$) in Pacific island small states
Pacific island small states: Gross national expenditure (current US$) was 15.07 billion current US$ in 2024. ◆ Volatile
Gross national expenditure in Pacific island small states, 1980–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current US$.
Analysis
In 2024, gross national expenditure in Pacific island small states stood at 15.07 billion current US$. That is the highest value across all 45 years on record.
Compared with earlier readings it is up 7.4% on the previous year and up 39.4% over ten years.
Over the whole period, gross national expenditure in Pacific island small states peaked at 15.07 billion current US$ in 2024 and was at its lowest, 2.27 billion current US$, in 1987.
Pacific island small states ranks 43rd of 43 groups on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross national expenditure (current US$) in Pacific island small states, year by year
| Year | current US$ | Change |
|---|---|---|
| 1980 | 2.57 billion current US$ | — |
| 1981 | 2.89 billion current US$ | +12.2% |
| 1982 | 2.67 billion current US$ | -7.6% |
| 1983 | 2.51 billion current US$ | -5.9% |
| 1984 | 2.54 billion current US$ | +1.1% |
| 1985 | 2.43 billion current US$ | -4.2% |
| 1986 | 2.46 billion current US$ | +1.3% |
| 1987 | 2.27 billion current US$ | -7.7% |
| 1988 | 2.43 billion current US$ | +6.8% |
| 1989 | 2.50 billion current US$ | +3.0% |
| 1990 | 2.88 billion current US$ | +15.1% |
| 1991 | 3.04 billion current US$ | +5.7% |
| 1992 | 3.21 billion current US$ | +5.6% |
| 1993 | 3.56 billion current US$ | +10.7% |
| 1994 | 4.00 billion current US$ | +12.3% |
| 1995 | 4.31 billion current US$ | +7.9% |
| 1996 | 4.45 billion current US$ | +3.2% |
| 1997 | 4.39 billion current US$ | -1.3% |
| 1998 | 3.64 billion current US$ | -17.0% |
| 1999 | 4.13 billion current US$ | +13.5% |
| 2000 | 3.87 billion current US$ | -6.4% |
| 2001 | 3.93 billion current US$ | +1.5% |
| 2002 | 3.85 billion current US$ | -2.1% |
| 2003 | 4.77 billion current US$ | +24.1% |
| 2004 | 5.94 billion current US$ | +24.5% |
| 2005 | 6.41 billion current US$ | +7.9% |
| 2006 | 7.07 billion current US$ | +10.2% |
| 2007 | 7.59 billion current US$ | +7.4% |
| 2008 | 8.29 billion current US$ | +9.2% |
| 2009 | 7.16 billion current US$ | -13.6% |
| 2010 | 7.69 billion current US$ | +7.3% |
| 2011 | 8.87 billion current US$ | +15.4% |
| 2012 | 9.28 billion current US$ | +4.6% |
| 2013 | 9.98 billion current US$ | +7.6% |
| 2014 | 10.81 billion current US$ | +8.3% |
| 2015 | 10.62 billion current US$ | -1.8% |
| 2016 | 11.01 billion current US$ | +3.7% |
| 2017 | 11.86 billion current US$ | +7.7% |
| 2018 | 12.52 billion current US$ | +5.6% |
| 2019 | 12.74 billion current US$ | +1.8% |
| 2020 | 11.52 billion current US$ | -9.6% |
| 2021 | 12.18 billion current US$ | +5.8% |
| 2022 | 13.55 billion current US$ | +11.2% |
| 2023 | 14.04 billion current US$ | +3.6% |
| 2024 | 15.07 billion current US$ | +7.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 2.53 billion current US$ | 2.27 billion current US$ | 2.89 billion current US$ | 10 |
| 1990s | 3.76 billion current US$ | 2.88 billion current US$ | 4.45 billion current US$ | 10 |
| 2000s | 5.89 billion current US$ | 3.85 billion current US$ | 8.29 billion current US$ | 10 |
| 2010s | 10.54 billion current US$ | 7.69 billion current US$ | 12.74 billion current US$ | 10 |
| 2020s | 13.27 billion current US$ | 11.52 billion current US$ | 15.07 billion current US$ | 5 |
Countries ranked near Pacific island small states
- 40 Denmark 411.59 billion current US$ compare
- 41 Egypt 407.97 billion current US$ compare
- 42 Iran 394.36 billion current US$ compare
- 43 Singapore 385.43 billion current US$ compare
- 44 Czechia 368.15 billion current US$ compare
- 45 Portugal 343.46 billion current US$ compare
- 46 Chile 342.57 billion current US$ compare
More economy & growth data for Pacific island small states
- GNI (current US$), per capita 4,800 current US$ per person (2025)
- GNI, Atlas method (current US$), per capita 4,738 current US$ per person (2025)
- GNI (current US$), annual growth rate 5.95 % change on previous year (2025)
- Trade in services 44.9% (2024)
- GNI (current US$), per unit of GDP 1.02 current US$ per US$ of GDP (2025)
- GNI 13.23 billion current US$ (2025)
- Gross domestic savings 1.0% (2024)
- GNI, Atlas method 13.06 billion current US$ (2025)
- GNI, Atlas method (current US$), per unit of GDP 1 current US$ per US$ of GDP (2025)
- Gross national expenditure (current US$), per unit of GDP 1.22 current US$ per US$ of GDP (2024)
Frequently asked questions
- What is gross national expenditure in Pacific island small states?
- Gross national expenditure in Pacific island small states was 15.07 billion current US$ in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross national expenditure recorded in Pacific island small states?
- The highest recorded value was 15.07 billion current US$ in 2024.
- What is the lowest gross national expenditure recorded in Pacific island small states?
- The lowest recorded value was 2.27 billion current US$ in 1987.
- How does Pacific island small states rank for gross national expenditure?
- Pacific island small states ranks 43rd out of 43 groups with data for 2024.
- Is gross national expenditure rising or falling in Pacific island small states?
- Over the last ten years it is up 39.4%. The long-run trend across the full record is volatile.
- Where does this Pacific island 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 (current 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 current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.