Household consumption (% of GDP) in the Marshall Islands in 2024 — 69.5%. Ranked 58 in the world out of 168. Since 2004, the indicator has fallen by 10.7 pp.
2004–2024 · % of GDP
How the value compares with the world and the groups this territory belongs to: Marshall Islands
| Year | % | Change, pp |
|---|---|---|
| 2024 | 69.5 | −1.4 pp |
| 2023 | 70.9 | −1.1 pp |
| 2022 | 72 | +6.4 pp |
| 2021 | 65.6 | −4.6 pp |
| 2020 | 70.2 | −4.9 pp |
| 2019 | 75.1 | −0.1 pp |
| 2018 | 75.2 | −0.5 pp |
| 2017 | 75.7 | +2.8 pp |
| 2016 | 72.9 | −4.5 pp |
| 2015 | 77.4 | +0.5 pp |
| 2014 | 76.9 | −1.8 pp |
| 2013 | 78.7 | +1.9 pp |
| 2012 | 76.8 | −0.8 pp |
| 2011 | 77.7 | −0.2 pp |
| 2010 | 77.8 | −2.9 pp |
| 2009 | 80.7 | −3.2 pp |
| 2008 | 83.9 | +1.2 pp |
| 2007 | 82.7 | +2.3 pp |
| 2006 | 80.4 | −3 pp |
| 2005 | 83.4 | +3.2 pp |
| 2004 | 80.2 | — |
The same indicator for neighboring countries — with links to their pages
Household final consumption expenditure as a percent of GDP — the market value of all goods and services bought by the population, including the imputed rent of owner-occupied housing. A low consumption share alongside a high share of capital formation is typical of investment- and export-driven economies; a high one, of countries short of savings.
Source: World Development Indicators (World Bank), license CC BY 4.0.
How much money the residents of a country spend in a year on goods and services for themselves.
Economy Gross capital formation (% of GDP)Investment in fixed assets and inventories as a percent of GDP — the base of future growth.
Economy Government consumption (% of GDP)The share of GDP taken by government final consumption spending.
Economy GDPGross domestic product in current US dollars — the size of a country's economy.
Economy GDP per capitaGDP divided by the population, in current US dollars.
Economy GDP growthThe annual growth rate of GDP in constant prices — with inflation stripped out.
