Small states: General government final consumption expenditure (current US$)

Key figures

What the numbers say

In 2025, Small states' general government final consumption expenditure (current US$) rose 11.3% on 2024 (from US$62.26 billion to US$69.32 billion).

Across the 30 yearly changes before that (1995 to 2024), the average change was +6.1% and a typical year strayed about 5.8% from that (the standard deviation). This year's change was 0.9 standard deviations above 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 19.9% in 2007 and the biggest yearly fall was 6.9% in 2015. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.

From 2016 to 2025 the straight-line trend is upward, about US$3.12 billion a year. A straight line explains 97% 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$72.81 billion for 2028. We show this only because the same method, fitted on earlier years, predicted 2023 to 2025 better than "no change" would have: its average miss was US$7.06 billion, against US$9.84 billion 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.

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 33 values

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 Small states

• Foreign direct investment, net outflows (BoP, current US$) — US$12.49 billion (2025)
• Personal remittances, paid (current US$) — US$4.28 billion (2025)
• Foreign direct investment, net inflows (BoP, current US$) — US$40.34 billion (2025)
• Foreign direct investment, net inflows (% of GDP) — 12.23% (2025)
• Portfolio equity, net inflows (BoP, current US$) — US$643.45 million (2025)
• Personal remittances, received (current US$) — US$4.56 billion (2025)
• GDP (current US$) — US$337.31 billion (2025)
• GDP per capita (current US$) — US$16,578 (2025)
• Net financial flows, IBRD (NFL, current US$) — US$94.11 million (2024)

Reading data like this

• Where to find free public data, and how to check it before you trust it — 2 min read
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• Real change or random noise? A plain guide to reading your numbers — 2 min read

Questions people ask

What is Small states's general government final consumption expenditure (current US$)?

US$69.32 billion in 2025, according to the World Bank (World Development Indicators).

How has it changed since 1993?

It is up 577.64% from US$10.23 billion in 1993 (6.16% a year on average, compounded). The highest value was US$69.32 billion in 2025 and the lowest US$10.23 billion in 1993.

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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