Marshall Islands - Household final consumption expenditure (current US$)

The latest value for Household final consumption expenditure (current US$) in Marshall Islands was $161,652,500 as of 2020. Over the past 16 years, the value for this indicator has fluctuated between $176,441,500 in 2019 and $105,280,700 in 2004.

Definition: Household final consumption expenditure (formerly private consumption) is the market value of all goods and services, including durable products (such as cars, washing machines, and home computers), purchased by households. It excludes purchases of dwellings but includes imputed rent for owner-occupied dwellings. It also includes payments and fees to governments to obtain permits and licenses. Here, household consumption expenditure includes the expenditures of nonprofit institutions serving households, even when reported separately by the country. Data are in current U.S. dollars.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
2004 $105,280,700
2005 $111,769,100
2006 $111,170,400
2007 $120,485,200
2008 $125,285,100
2009 $119,819,300
2010 $122,652,600
2011 $131,527,800
2012 $137,097,400
2013 $145,750,800
2014 $142,065,200
2015 $140,974,600
2016 $146,195,000
2017 $161,941,000
2018 $162,727,300
2019 $176,441,500
2020 $161,652,500

Aggregation method: Gap-filled total

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts