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 59.3% of GDP in 2024, compared with 59.8% of GDP in 2023. The period change was −0.5 percentage points. The latest reading was below the selected 10-year average of 70.6% of GDP.
Get the full series
- Annual data, 1970–2024
- The underlying source, downloadable
Latest observations
2014–2024
| Period | Value |
|---|---|
| 2024 | 59.3 % of GDP |
| 2023 | 59.8 % of GDP |
| 2022 | 69.9 % of GDP |
| 2021 | 66.7 % of GDP |
| 2020 | 70.9 % of GDP |
6 earlier values, back to 2014
| 2019 | 75.8 % of GDP |
| 2018 | 75.9 % of GDP |
| 2017 | 76.5 % of GDP |
| 2016 | 73.8 % of GDP |
| 2015 | 78 % of GDP |
| 2014 | 77.5 % of GDP |