🇲🇭 Marshall Islands Final consumption expenditure
Marshall Islands Final consumption expenditure was $270.51M in 2024, down 2.7% from 2023, according to World Bank data. The 10-year average is $282.34M. Historical data available from 2004 to 2024 (21 data points). The all-time high was $311.10M in 2019.
Source: World Bank World Development Indicators • 2004–2024 • 21 data points • Economy & Growth
Latest Value
$270.51M
2024
Year-on-Year
-2.7%
vs 2023
10-Year Average
$282.34M
2015–2024
Range
High: $311.10M (2019)
Low: $231.07M (2008)
Marshall Islands Final consumption expenditure (constant LCU) — 2004 to 2024
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About this Indicator
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 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.
Historical Data Table
| Year | Value |
|---|---|
| 2024 | $270.51M |
| 2023 | $278.07M |
| 2022 | $303.32M |
| 2021 | $297.76M |
| 2020 | $297.21M |
| 2019 | $311.10M |
| 2018 | $284.87M |
| 2017 | $276.13M |
| 2016 | $259.03M |
| 2015 | $245.39M |
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<iframe src="https://nationstat.com/country/marshall-islands/final-consumption-expenditure-constant-lcu" width="800" height="500" frameborder="0"></iframe>Compare with Other Countries
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Related Indicators
Adjusted savings: education expenditure (current US$)
37.4M
2021
Adjusted savings: consumption of fixed capital (current US$)
28.9M
2021
Adjusted savings: carbon dioxide damage (current US$)
8.3M
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Adjusted savings: gross savings (% of GNI)
14.4
2020
Adjusted savings: education expenditure (% of GNI)
12.7
2021