Latin America & Caribbean vs Marshall Islands: Final consumption expenditure (constant 2015 US$), per unit of GDP
Final consumption expenditure (constant 2015 US$), per unit of GDP over time
- Latin America & Caribbean
- Marshall Islands
How they compare
Marshall Islands currently reports 0.9491 constant 2015 US$ per US$ of GDP against 0.683 constant 2015 US$ per US$ of GDP in Latin America & Caribbean, a difference of 0.2661 constant 2015 US$ per US$ of GDP.
That makes Marshall Islands's figure about 1.4 times Latin America & Caribbean's.
Across all 21 years both countries report, Marshall Islands has been ahead every year.
Latin America & Caribbean ranks 14th and Marshall Islands ranks 17th of 42 groups.
Marshall Islands has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Latin America & Caribbean | Marshall Islands | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 0.9436 constant 2015 US$ per US$ of GDP | 1.69 constant 2015 US$ per US$ of GDP | 0.7464 constant 2015 US$ per US$ of GDP | Marshall Islands |
| 2010s | 0.7376 constant 2015 US$ per US$ of GDP | 1.34 constant 2015 US$ per US$ of GDP | 0.6006 constant 2015 US$ per US$ of GDP | Marshall Islands |
| 2020s | 0.778 constant 2015 US$ per US$ of GDP | 1.11 constant 2015 US$ per US$ of GDP | 0.3307 constant 2015 US$ per US$ of GDP | Marshall Islands |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher final consumption expenditure (constant 2015 us$), per unit of gdp, Latin America & Caribbean or Marshall Islands?
- Marshall Islands, at 0.9491 constant 2015 US$ per US$ of GDP against 0.683 constant 2015 US$ per US$ of GDP in Latin America & Caribbean as of 2024.
- What is the difference in final consumption expenditure (constant 2015 us$), per unit of gdp between Latin America & Caribbean and Marshall Islands?
- 0.2661 constant 2015 US$ per US$ of GDP, with Marshall Islands ahead.
- How many years of comparable data are there for Latin America & Caribbean and Marshall Islands?
- 21 years are reported by both, from 2004 to 2024.
- How do Latin America & Caribbean and Marshall Islands rank globally for final consumption expenditure (constant 2015 us$), per unit of gdp?
- Latin America & Caribbean ranks 14th and Marshall Islands ranks 17th of 42 groups.
- Where does this data come from?
- Statizoid (derived), published as Final consumption expenditure (constant 2015 US$), per unit of GDP. Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Final consumption expenditure (constant 2015 US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.