Households and NPISHs Final consumption expenditure in Marshall Islands
Marshall Islands: Households and NPISHs Final consumption expenditure was -1.6% in 2024. ◆ Volatile
Households and NPISHs Final consumption expenditure in Marshall Islands, 2005–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in annual % growth.
Analysis
Marshall Islands recorded -1.6% for households and npishs final consumption expenditure in 2024.
Compared with earlier readings it is up 78.8% on the previous year and up 63.7% over ten years.
Over the whole period, households and npishs final consumption expenditure in Marshall Islands peaked at 10.1% in 2017 and was at its lowest, -13.7%, in 2008.
That places Marshall Islands 165th out of 177 countries with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Households and NPISHs Final consumption expenditure in Marshall Islands, year by year
| Year | annual % growth | Change |
|---|---|---|
| 2005 | 4.7% | — |
| 2006 | -5.0% | -207.8% |
| 2007 | 3.5% | -169.4% |
| 2008 | -13.7% | -493.0% |
| 2009 | 0.9% | -106.7% |
| 2010 | 0.2% | -77.1% |
| 2011 | 3.7% | +1673.2% |
| 2012 | 1.5% | -60.9% |
| 2013 | 7.2% | +396.9% |
| 2014 | -4.3% | -160.1% |
| 2015 | -0.7% | -83.5% |
| 2016 | 3.4% | -580.5% |
| 2017 | 10.1% | +192.0% |
| 2018 | -0.8% | -108.0% |
| 2019 | 6.4% | -895.4% |
| 2020 | -3.1% | -148.2% |
| 2021 | -3.4% | +11.9% |
| 2022 | 4.8% | -240.3% |
| 2023 | -7.4% | -254.2% |
| 2024 | -1.6% | -78.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -1.9% | -13.7% | 4.7% | 5 |
| 2010s | 2.7% | -4.3% | 10.1% | 10 |
| 2020s | -2.1% | -7.4% | 4.8% | 5 |
Countries ranked near Marshall Islands
- 162 Iran, Islamic Republic of -0.4% compare
- 163 Japan -0.6% compare
- 164 United States Virgin Islands -1.0% compare
- 166 Brunei Darussalam -1.8% compare
- 167 Bhutan -2.1% compare
- 168 Botswana -2.2% compare
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)
- Gross capital formation (current US$), annual growth rate 18.24 % change on previous year (2024)
- Gross capital formation (current US$), per unit of GDP 0.2112 current US$ per US$ of GDP (2024)
- Gross capital formation (current US$), per capita 1,603 current US$ per person (2024)
- Gross capital formation (current LCU), annual growth rate 18.24 % change on previous year (2024)
- Gross capital formation (current LCU), per unit of GDP 0.2112 current LCU per US$ of GDP (2024)
- Gross capital formation (current LCU), per capita 1,603 current LCU per person (2024)
- Gross capital formation (constant 2015 US$), annual growth rate 13.84 % change on previous year (2024)
- Gross capital formation (constant 2015 US$), per unit of GDP 0.198 constant 2015 US$ per US$ of GDP (2024)
Frequently asked questions
- What is households and npishs final consumption expenditure in Marshall Islands?
- Households and npishs final consumption expenditure in Marshall Islands was -1.6% in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest households and npishs final consumption expenditure recorded in Marshall Islands?
- The highest recorded value was 10.1% in 2017.
- What is the lowest households and npishs final consumption expenditure recorded in Marshall Islands?
- The lowest recorded value was -13.7% in 2008.
- How does Marshall Islands rank for households and npishs final consumption expenditure?
- Marshall Islands ranks 165th out of 177 countries with data for 2024.
- Is households and npishs final consumption expenditure rising or falling in Marshall Islands?
- Over the last ten years it is up 63.7%. The long-run trend across the full record is volatile.
- 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 Households and NPISHs Final consumption expenditure (annual % growth). Statizoid updates them automatically from the source API.
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About this data
This field includes expenditure on goods and services by the Household and NPISH sector for the direct satisfaction of human needs or wants, whether individual or collective. This indicator denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.