Final consumption expenditure in Marshall Islands
Marshall Islands: Final consumption expenditure was -2.7% in 2024. ◆ Volatile
Final consumption expenditure in Marshall Islands, 2005–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in annual % growth.
Analysis
In 2024, final consumption expenditure in Marshall Islands stood at -2.7%.
Compared with earlier readings it is up 67.3% on the previous year and up 43.3% over ten years.
Over the whole period, final consumption expenditure in Marshall Islands peaked at 9.2% in 2019 and was at its lowest, -9.5%, in 2008.
Marshall Islands ranks 169th of 175 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -0.7% | -9.5% | 4.2% | 5 |
| 2010s | 3.0% | -4.8% | 9.2% | 10 |
| 2020s | -2.7% | -8.3% | 1.9% | 5 |
Countries ranked near Marshall Islands
More economy & growth data for Marshall Islands
- Exports of goods and services 18.7% (2024)
- Gross national expenditure 413.62 million current LCU (2024)
- Gross national expenditure 326.93 million constant 2015 US$ (2024)
- Industry (including construction), value added 4.2% (2024)
- Gross national expenditure 145.1% (2024)
- Exports of goods and services 111.00 million current US$ (2025)
- Exports of goods and services 111.00 million current LCU (2025)
- Exports of goods and services 90.49 million constant 2015 US$ (2024)
- Gross fixed capital formation 60.68 million constant 2015 US$ (2024)
- Gross fixed capital formation 65.14 million current LCU (2024)
Frequently asked questions
- What is final consumption expenditure in Marshall Islands?
- Final consumption expenditure in Marshall Islands was -2.7% in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest final consumption expenditure recorded in Marshall Islands?
- The highest recorded value was 9.2% in 2019.
- What is the lowest final consumption expenditure recorded in Marshall Islands?
- The lowest recorded value was -9.5% in 2008.
- How does Marshall Islands rank for final consumption expenditure?
- Marshall Islands ranks 169th out of 175 countries with data for 2024.
- Is final consumption expenditure rising or falling in Marshall Islands?
- Over the last ten years it is up 43.3%. 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 Final consumption expenditure (annual % growth). Statizoid updates them automatically from the source API.
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About this data
Final consumption expenditure is expenditure on goods and services by resident institutional units for the direct satisfaction of human needs or wants, whether individual or collective. Final consumption expenditure can be measured for households, general government, the central bank and non-profit institutions serving households. This indicator denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.