Marshall Islands - Household final consumption expenditure

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

Household final consumption expenditure (current LCU)

The value for Household final consumption expenditure (current LCU) in Marshall Islands was 161,652,500 as of 2020. As the graph below shows, over the past 16 years this indicator reached a maximum value of 176,441,500 in 2019 and a minimum value of 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 local currency.

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

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

Household final consumption expenditure (constant 2010 US$)

The latest value for Household final consumption expenditure (constant 2010 US$) in Marshall Islands was 138,397,600 as of 2020. Over the past 16 years, the value for this indicator has fluctuated between 171,210,100 in 2019 and 129,496,800 in 2010.

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 constant 2010 U.S. dollars.

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

See also:

Year Value
2004 148,877,200
2005 149,058,700
2006 141,717,200
2007 146,969,500
2008 139,029,600
2009 130,229,500
2010 129,496,800
2011 135,246,600
2012 137,745,400
2013 148,115,900
2014 141,973,000
2015 140,974,600
2016 146,397,200
2017 160,690,500
2018 160,139,300
2019 171,210,100
2020 138,397,600

Household final consumption expenditure (annual % growth)

The value for Household final consumption expenditure (annual % growth) in Marshall Islands was -19.17 as of 2020. As the graph below shows, over the past 15 years this indicator reached a maximum value of 9.76 in 2017 and a minimum value of -19.17 in 2020.

Definition: Annual percentage growth of household final consumption expenditure based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. 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.

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

See also:

Year Value
2005 0.12
2006 -4.93
2007 3.71
2008 -5.40
2009 -6.33
2010 -0.56
2011 4.44
2012 1.85
2013 7.53
2014 -4.15
2015 -0.70
2016 3.85
2017 9.76
2018 -0.34
2019 6.91
2020 -19.17

Household final consumption expenditure (constant LCU)

The value for Household final consumption expenditure (constant LCU) in Marshall Islands was 139,092,400 as of 2020. As the graph below shows, over the past 16 years this indicator reached a maximum value of 172,069,600 in 2019 and a minimum value of 130,146,900 in 2010.

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 constant local currency.

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

Year Value
2004 149,624,600
2005 149,807,000
2006 142,428,600
2007 147,707,300
2008 139,727,500
2009 130,883,300
2010 130,146,900
2011 135,925,600
2012 138,436,900
2013 148,859,500
2014 142,685,700
2015 141,682,300
2016 147,132,100
2017 161,497,100
2018 160,943,200
2019 172,069,600
2020 139,092,400

Household final consumption expenditure, PPP (current international $)

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 converted to current international dollars using purchasing power parity rates based on the 2011 ICP round.

Source: World Bank, International Comparison Program database.

See also:

Year Value
2011 121,401,000

Households and NPISHs final consumption expenditure (% of GDP)

Households and NPISHs final consumption expenditure (% of GDP) in Marshall Islands was 66.13 as of 2020. Its highest value over the past 16 years was 82.48 in 2008, while its lowest value was 66.13 in 2020.

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. This item also includes any statistical discrepancy in the use of resources relative to the supply of resources.

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

See also:

Year Value
2004 79.49
2005 81.85
2006 78.56
2007 81.22
2008 82.48
2009 80.00
2010 76.46
2011 76.39
2012 75.98
2013 78.85
2014 78.00
2015 76.69
2016 72.55
2017 75.96
2018 73.44
2019 73.68
2020 66.13

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts