Kiribati vs Marshall Islands: Households and NPISHs Final consumption expenditure, PPP
Households and NPISHs Final consumption expenditure, PPP over time
- Kiribati
- Marshall Islands
How they compare
Kiribati currently reports 537.71 million constant 2021 international $ against 171.81 million constant 2021 international $ in Marshall Islands, a difference of 365.91 million constant 2021 international $.
That makes Kiribati's figure about 3.1 times Marshall Islands's.
Across all 19 years both countries report, Kiribati has been ahead every year.
Kiribati ranks 168th and Marshall Islands ranks 170th of 170 countries.
Kiribati has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Kiribati | Marshall Islands | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 190.89 million constant 2021 international $ | 158.31 million constant 2021 international $ | 32.58 million constant 2021 international $ | Kiribati |
| 2010s | 246.45 million constant 2021 international $ | 167.18 million constant 2021 international $ | 79.27 million constant 2021 international $ | Kiribati |
| 2020s | 434.73 million constant 2021 international $ | 180.25 million constant 2021 international $ | 254.48 million constant 2021 international $ | Kiribati |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher households and npishs final consumption expenditure, ppp, Kiribati or Marshall Islands?
- Kiribati, at 537.71 million constant 2021 international $ against 171.81 million constant 2021 international $ in Marshall Islands as of 2024.
- What is the difference in households and npishs final consumption expenditure, ppp between Kiribati and Marshall Islands?
- 365.91 million constant 2021 international $, with Kiribati ahead.
- How many years of comparable data are there for Kiribati and Marshall Islands?
- 19 years are reported by both, from 2006 to 2024.
- How do Kiribati and Marshall Islands rank globally for households and npishs final consumption expenditure, ppp?
- Kiribati ranks 168th and Marshall Islands ranks 170th of 170 countries.
- Where does this data come from?
- International Comparison Program (ICP), World Bank (WB), published as Households and NPISHs Final consumption expenditure, PPP (constant 2021 international $). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
This indicator provides values for final consumption expenditure expressed in constant international dollars, converted by purchasing power parities (PPPs). PPPs account for the different price levels across countries and thus PPP-based comparisons of economic output are more appropriate for comparing the output of economies and the average material well-being of their inhabitants than exchange-rate based comparisons. Households and NPISHs final consumption expenditure includes expenditure on goods and services by the Household and NPISH sector for the direct satisfaction of human needs or wants, whether individual or collective. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2021. The PPP conversion factor is a currency conversion factor and a spatial price deflator. PPPs convert different currencies to a common currency and, in the process of conversion, equalize their purchasing power by eliminating the differences in price levels between countries, thereby allowing volume or output comparisons of GDP and its expenditure components.