Latin America & the Caribbean (IDA & IBRD countries) vs Marshall Islands: Final consumption expenditure (current US$), per unit of GDP

Latin America & the Caribbean (IDA & IBRD countries)
0.8168 current US$ per US$ of GDP
in 2025
Marshall Islands
1.24 current US$ per US$ of GDP
in 2024
Latin America & the Caribbean (IDA & IBRD countries) rank
12th
Marshall Islands rank
9th

Final consumption expenditure (current US$), per unit of GDP over time

  • Latin America & the Caribbean (IDA & IBRD countries)
  • Marshall Islands
00.511.5196019922025

How they compare

Marshall Islands currently reports 1.24 current US$ per US$ of GDP against 0.8168 current US$ per US$ of GDP in Latin America & the Caribbean (IDA & IBRD countries), a difference of 0.4232 current US$ per US$ of GDP.

That makes Marshall Islands's figure about 1.5 times Latin America & the Caribbean (IDA & IBRD countries)'s.

Across all 21 years both countries report, Marshall Islands has been ahead every year.

Latin America & the Caribbean (IDA & IBRD countries) ranks 12th and Marshall Islands ranks 9th of 43 groups.

Marshall Islands has averaged higher in every one of the 3 decades both report.

Head to head by decade

Decade Latin America & the Caribbean (IDA & IBRD countries) Marshall Islands Difference Ahead
2000s 0.7827 current US$ per US$ of GDP 1.44 current US$ per US$ of GDP 0.6572 current US$ per US$ of GDP Marshall Islands
2010s 0.8054 current US$ per US$ of GDP 1.33 current US$ per US$ of GDP 0.5281 current US$ per US$ of GDP Marshall Islands
2020s 0.8135 current US$ per US$ of GDP 1.29 current US$ per US$ of GDP 0.4751 current 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 (current us$), per unit of gdp, Latin America & the Caribbean (IDA & IBRD countries) or Marshall Islands?
Marshall Islands, at 1.24 current US$ per US$ of GDP against 0.8168 current US$ per US$ of GDP in Latin America & the Caribbean (IDA & IBRD countries) as of 2024.
What is the difference in final consumption expenditure (current us$), per unit of gdp between Latin America & the Caribbean (IDA & IBRD countries) and Marshall Islands?
0.4232 current US$ per US$ of GDP, with Marshall Islands ahead.
How many years of comparable data are there for Latin America & the Caribbean (IDA & IBRD countries) and Marshall Islands?
21 years are reported by both, from 2004 to 2024.
How do Latin America & the Caribbean (IDA & IBRD countries) and Marshall Islands rank globally for final consumption expenditure (current us$), per unit of gdp?
Latin America & the Caribbean (IDA & IBRD countries) ranks 12th and Marshall Islands ranks 9th of 43 groups.
Where does this data come from?
Statizoid (derived), published as Final consumption expenditure (current US$), per unit of GDP. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Latin America & the Caribbean (IDA & IBRD countries) vs Marshall Islands: Final consumption expenditure (current US$), per unit of GDP. Statizoid, drawing on Statizoid (derived). Retrieved 14 September 2026, from https://economy.statizoid.com/compare/final-consumption-expenditure-current-us-per-unit-of-gdp/latin-america-and-the-caribbean-ida-and-ibrd-countries/marshall-islands/

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About this data

Indicator
Final consumption expenditure (current US$), per unit of GDP
Unit
current US$ per US$ of GDP
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
231 places, 11,115 data points, 1960–2025
Last refreshed

Final consumption expenditure (current 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.