Households and NPISHs Final consumption expenditure in Marshall Islands
Marshall Islands: Households and NPISHs Final consumption expenditure was 198.03 million current LCU in 2024. ▲ Rising
Households and NPISHs Final consumption expenditure in Marshall Islands, 2004–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current LCU.
Analysis
In 2024, households and npishs final consumption expenditure in Marshall Islands stood at 198.03 million current LCU. That is the highest value across all 21 years on record.
Compared with earlier readings it is up 5.8% on the previous year and up 38.4% over ten years.
Over the whole period, households and npishs final consumption expenditure in Marshall Islands peaked at 198.03 million current LCU in 2024 and was at its lowest, 106.58 million current LCU, in 2004.
That places Marshall Islands 188th out of 189 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.
Households and NPISHs Final consumption expenditure in Marshall Islands, year by year
| Year | current LCU | Change |
|---|---|---|
| 2004 | 106.58 million current LCU | — |
| 2005 | 115.14 million current LCU | +8.0% |
| 2006 | 115.15 million current LCU | +0.0% |
| 2007 | 124.51 million current LCU | +8.1% |
| 2008 | 123.01 million current LCU | -1.2% |
| 2009 | 122.08 million current LCU | -0.8% |
| 2010 | 125.35 million current LCU | +2.7% |
| 2011 | 133.81 million current LCU | +6.7% |
| 2012 | 138.82 million current LCU | +3.7% |
| 2013 | 146.78 million current LCU | +5.7% |
| 2014 | 143.06 million current LCU | -2.5% |
| 2015 | 142.19 million current LCU | -0.6% |
| 2016 | 147.06 million current LCU | +3.4% |
| 2017 | 161.70 million current LCU | +10.0% |
| 2018 | 165.40 million current LCU | +2.3% |
| 2019 | 174.84 million current LCU | +5.7% |
| 2020 | 169.69 million current LCU | -2.9% |
| 2021 | 171.30 million current LCU | +0.9% |
| 2022 | 186.26 million current LCU | +8.7% |
| 2023 | 187.21 million current LCU | +0.5% |
| 2024 | 198.03 million current LCU | +5.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 117.74 million current LCU | 106.58 million current LCU | 124.51 million current LCU | 6 |
| 2010s | 147.90 million current LCU | 125.35 million current LCU | 174.84 million current LCU | 10 |
| 2020s | 182.50 million current LCU | 169.69 million current LCU | 198.03 million current 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)
- External balance on goods and services as a percent of GDP -43.8% (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)
- Gdp worldbank constant usd, annual growth rate 2.28 % change on previous year (2025)
- Gdp worldbank constant usd, per capita 6,174 units per person (2025)
- Gdp worldbank constant usd, per unit of GDP 0.7273 units per US$ of GDP (2025)
- GDP per capita 6,174 constant 2015 US$ (2025)
- Imports of goods and services 10.7% (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 198.03 million current LCU in 2024, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest households and npishs final consumption expenditure recorded in Marshall Islands?
- The highest recorded value was 198.03 million current LCU in 2024.
- What is the lowest households and npishs final consumption expenditure recorded in Marshall Islands?
- The lowest recorded value was 106.58 million current LCU in 2004.
- How does Marshall Islands rank for households and npishs final consumption expenditure?
- Marshall Islands ranks 188th out of 189 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 38.4%. 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 Offices (NSOs), published as part of Households and NPISHs Final consumption expenditure (current LCU). 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 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.