Pacific island small states's general government final consumption expenditure (current US$) was US$2.83 billion in 2024, the latest year in the World Bank's World Development Indicators. That is up 32.2% from US$2.14 billion in 2014 (2.83% a year on average, compounded).
Key figures
| Value | Year | |
|---|---|---|
| Latest | US$2.83 billion | 2024 |
| Five years earlier | US$2.58 billion | 2019 |
| Ten years earlier | US$2.14 billion | 2014 |
| Highest | US$2.83 billion | 2024 |
| Lowest | US$788.42 million | 2003 |
| Average since 2015 | US$2.47 billion | 2015–2024 |
| First recorded | US$788.42 million |
What the numbers say
In 2024, Pacific island small states' general government final consumption expenditure (current US$) rose 2.1% on 2023 (from US$2.77 billion to US$2.83 billion).
Across the 20 yearly changes before that (2004 to 2023), the average change was +6.7% and a typical year strayed about 7.1% from that (the standard deviation). This year's change was 0.7 standard deviations below that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
On record, the biggest yearly rise was 22.5% in 2005 and the biggest yearly fall was 4.7% in 2020. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
From 2015 to 2024 the straight-line trend is upward, about US$81.28 million a year. A straight line explains 91% of the movement over 10 observed years.
Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.
A straight-line projection, tested first
Extending that straight line gives about US$3.07 billion for 2027. We show this only because the same method, fitted on earlier years, predicted 2022 to 2024 better than "no change" would have: its average miss was US$89.71 million, against US$190.82 million for assuming no change. Treat it as a continuation of the recent pattern, not a forecast of events: it cannot see a recession, a policy change or a revision to the data.
See how a linear trend forecast works and the guide on forecasting without fooling yourself.
How it compares
See how every economy compares in the full ranking.
| Value | Year | |
|---|---|---|
| Pacific island small states | US$2.83 billion | 2024 |
| World | US$18.65 trillion | 2024 |
What this measures
Final consumption expenditure is expenditure on goods and services by resident institutional units for the direct satisfaction of human needs or wants, whether individual or collective. General government FCE includes all government current expenditures for purchases of goods and services (including compensation of employees), and most expenditures on national defense and security, but excludes government military expenditures that are part of government capital formation. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.
Limitations: Because policymakers have tended to focus on fostering the growth of output, and because data on production are easier to collect than data on spending, many countries generate their primary estimate of GDP using the production approach. Moreover, many countries do not estimate all the components of national expenditures but instead derive some of the main aggregates indirectly using GDP (based on the production approach) as the control total.
Regional and income-group figures are computed by the World Bank as a gap-filled total.
All 22 values
| Year | General government final consumption expenditure (current US$) |
|---|---|
| 2024 | 2,831,651,753 |
| 2023 | 2,774,607,883 |
| 2022 | 2,625,778,197 |
| 2021 | 2,553,193,171 |
| 2020 | 2,462,043,457 |
| 2019 | 2,584,658,081 |
| 2018 | 2,474,102,163 |
| 2017 | 2,243,162,417 |
| 2016 | 2,099,955,981 |
| 2015 | 2,091,536,926 |
General government final consumption expenditure (current US$) in nearby economies
- Algeria — US$52.47 billion (2025)
- Bahrain — US$6.65 billion (2024)
- Djibouti — US$695.07 million (2025)
- Egypt, Arab Rep. — US$19.89 billion (2025)
- Iran, Islamic Rep. — US$48.21 billion (2025)
- Iraq — US$62.03 billion (2024)
- Israel — US$152.53 billion (2025)
- Kuwait — US$41.5 billion (2024)
- Lebanon
More economic policy & debt data for Pacific island small states
- Manufacturing, value added (current US$) — US$899.35 million (2025)
- Manufacturing, value added (constant 2015 US$) — US$776.47 million (2025)
- Manufacturing, value added (annual % growth) — 1.32% (2025)
- Foreign direct investment, net inflows (BoP, current US$) — US$447.78 million (2025)
- Foreign direct investment, net inflows (% of GDP) — 3.58% (2025)
- Manufacturing, value added (% of GDP) — 6.92% (2025)
- GDP (current US$) — US$13.01 billion (2025)
- GDP (constant 2015 US$) — US$11.21 billion (2025)
- GDP per capita (current US$)
Reading data like this
Questions people ask
- What is Pacific island small states's general government final consumption expenditure (current US$)?
- US$2.83 billion in 2024, according to the World Bank (World Development Indicators).
- How has it changed since 2003?
Source
World Bank, World Development Indicators, indicator NE.CON.GOVT.CD, licensed CC BY 4.0. Original source: Country official statistics, National Statistical Organizations and/or Central Banks; National Accounts data files, Organisation for Economic Co-operation and Development (OECD); Staff estimates, World Bank (WB) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.
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