Final consumption expenditure in Pacific island small states

Pacific island small states: Final consumption expenditure was 12.21 billion current US$ in 2024. ◆ Volatile

Latest (2024)
12.21 billion current US$
Change on year
up 6.6%
All-time high
12.21 billion current US$
in 2024
All-time low
1.89 billion current US$
in 1987
Years of data
45
1980–2024

Final consumption expenditure in Pacific island small states, 1980–2024

2.5B5.0B7.5B10.0B12.5B1980200220241980: 2.0B current US$1981: 2.2B current US$1982: 2.1B current US$1983: 2.1B current US$1984: 2.1B current US$1985: 2.0B current US$1986: 2.0B current US$1987: 1.9B current US$1988: 2.1B current US$1989: 2.2B current US$1990: 2.5B current US$1991: 2.6B current US$1992: 2.8B current US$1993: 3.0B current US$1994: 3.4B current US$1995: 3.7B current US$1996: 3.7B current US$1997: 3.6B current US$1998: 2.8B current US$1999: 3.2B current US$2000: 3.2B current US$2001: 3.3B current US$2002: 3.1B current US$2003: 3.7B current US$2004: 4.6B current US$2005: 5.2B current US$2006: 5.8B current US$2007: 6.3B current US$2008: 6.6B current US$2009: 5.8B current US$2010: 6.2B current US$2011: 7.0B current US$2012: 7.5B current US$2013: 8.0B current US$2014: 8.8B current US$2015: 8.4B current US$2016: 8.7B current US$2017: 9.4B current US$2018: 10.0B current US$2019: 10.3B current US$2020: 9.7B current US$2021: 10.0B current US$2022: 11.1B current US$2023: 11.5B current US$2024: 12.2B current US$

Source: Country official statistics, National Statistical Offices (NSOs). Measured in current US$.

Analysis

Pacific island small states recorded 12.21 billion current US$ for final consumption expenditure in 2024. That is the highest value across all 45 years on record.

That represents a change of up 6.6% on the previous year and up 39.3% over ten years.

Over the whole period, final consumption expenditure in Pacific island small states peaked at 12.21 billion current US$ in 2024 and was at its lowest, 1.89 billion current US$, in 1987.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest Years
1980s 2.07 billion current US$ 1.89 billion current US$ 2.18 billion current US$ 10
1990s 3.13 billion current US$ 2.47 billion current US$ 3.70 billion current US$ 10
2000s 4.75 billion current US$ 3.07 billion current US$ 6.58 billion current US$ 10
2010s 8.44 billion current US$ 6.24 billion current US$ 10.33 billion current US$ 10
2020s 10.88 billion current US$ 9.65 billion current US$ 12.21 billion current US$ 5

More economy & growth data for Pacific island small states

All data for Pacific island small states →

Frequently asked questions

What is final consumption expenditure in Pacific island small states?
Final consumption expenditure in Pacific island small states was 12.21 billion current US$ in 2024, according to Country official statistics, National Statistical Offices (NSOs).
What is the highest final consumption expenditure recorded in Pacific island small states?
The highest recorded value was 12.21 billion current US$ in 2024.
What is the lowest final consumption expenditure recorded in Pacific island small states?
The lowest recorded value was 1.89 billion current US$ in 1987.
Is final consumption expenditure rising or falling in Pacific island small states?
Over the last ten years it is up 39.3%. 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 Offices (NSOs), published as part of Final consumption expenditure (current US$). Statizoid updates them automatically from the source API.

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About this data

Indicator
Final consumption expenditure (current US$)
Unit
current US$
Source
Country official statistics, National Statistical Offices (NSOs)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
230 places, 11,127 data points, 1960–2025
Last refreshed

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 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.