Gross national expenditure in Marshall Islands

Marshall Islands: Gross national expenditure was 326.93 million constant LCU in 2024. ▲ Rising

Latest (2024)
326.93 million constant LCU
Change on year
down 0.2%
World rank
168th
of 168 countries
All-time high
439.95 million constant LCU
in 2019
All-time low
262.17 million constant LCU
in 2008
Years of data
21
2004–2024

Gross national expenditure in Marshall Islands, 2004–2024

0100.0M200.0M300.0M400.0M2004201420242004: 268.7M constant LCU2005: 278.0M constant LCU2006: 293.0M constant LCU2007: 299.8M constant LCU2008: 262.2M constant LCU2009: 291.5M constant LCU2010: 302.5M constant LCU2011: 276.9M constant LCU2012: 269.3M constant LCU2013: 301.8M constant LCU2014: 281.6M constant LCU2015: 277.3M constant LCU2016: 302.5M constant LCU2017: 328.4M constant LCU2018: 338.2M constant LCU2019: 439.9M constant LCU2020: 349.8M constant LCU2021: 353.0M constant LCU2022: 370.4M constant LCU2023: 327.6M constant LCU2024: 326.9M constant LCU

Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant LCU.

Analysis

Marshall Islands recorded 326.93 million constant LCU for gross national expenditure in 2024.

Compared with earlier readings it is down 0.2% on the previous year and up 16.1% over ten years.

Over the whole period, gross national expenditure in Marshall Islands peaked at 439.95 million constant LCU in 2019 and was at its lowest, 262.17 million constant LCU, in 2008.

Marshall Islands ranks 168th of 168 countries on this measure, in the bottom quarter.

The long-run direction has been consistently rising across the 21 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
2000s 282.19 million constant LCU 262.17 million constant LCU 299.75 million constant LCU 6
2010s 311.86 million constant LCU 269.32 million constant LCU 439.95 million constant LCU 10
2020s 345.54 million constant LCU 326.93 million constant LCU 370.37 million constant LCU 5

Countries ranked near Marshall Islands

  1. 165 San Marino 977.32 million constant LCU compare
  2. 166 Kiribati 768.13 million constant LCU compare
  3. 167 Palau 377.48 million constant LCU compare

See the full ranking of 168 places →

More economy & growth data for Marshall Islands

All data for Marshall Islands →

Frequently asked questions

What is gross national expenditure in Marshall Islands?
Gross national expenditure in Marshall Islands was 326.93 million constant LCU in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
What is the highest gross national expenditure recorded in Marshall Islands?
The highest recorded value was 439.95 million constant LCU in 2019.
What is the lowest gross national expenditure recorded in Marshall Islands?
The lowest recorded value was 262.17 million constant LCU in 2008.
How does Marshall Islands rank for gross national expenditure?
Marshall Islands ranks 168th out of 168 countries with data for 2024.
Is gross national expenditure rising or falling in Marshall Islands?
Over the last ten years it is up 16.1%. 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 Organizations and/or Central Banks, published as part of Gross national expenditure (constant LCU). Statizoid updates them automatically from the source API.

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About this data

Indicator
Gross national expenditure (constant LCU)
Unit
constant LCU
Source
Country official statistics, National Statistical Organizations and/or Central Banks
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
168 places, 7,001 data points, 1960–2025
Last refreshed

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 constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment varies by country. This series is expressed in local currency units.