Marshall Islands — Household consumption (% of GDP)
% of GDP · Annual · 1970–2024 · 55 observations
About this series
Household final consumption expenditure records spending by households and nonprofit institutions serving households on goods and services for current use. It is a component of GDP. This series expresses the aggregate as a percentage of GDP for the matching period.
In the Marshall Islands, the household consumption reading was 58.5% of GDP in 2024, compared with 59% of GDP in 2023. The period change was −0.5 percentage points. The latest reading was below the selected 10-year average of 69.7% of GDP.
Get the full series
- Annual data, 1970–2024
- The underlying source, downloadable
Latest observations
2014–2024
| Period | Value |
|---|---|
| 2024 | 58.5 % of GDP |
| 2023 | 59 % of GDP |
| 2022 | 69 % of GDP |
| 2021 | 65.8 % of GDP |
| 2020 | 70 % of GDP |
6 earlier values, back to 2014
| 2019 | 74.8 % of GDP |
| 2018 | 74.9 % of GDP |
| 2017 | 75.5 % of GDP |
| 2016 | 72.8 % of GDP |
| 2015 | 77 % of GDP |
| 2014 | 76.5 % of GDP |