Australia vs Marshall Islands: Price level index
Price level index over time
- Australia
- Marshall Islands
How they compare
Marshall Islands currently reports 95.21 Households and NPISHs Final consumption expenditure against 94.79 Households and NPISHs Final consumption expenditure in Australia, a difference of 0.42 Households and NPISHs Final consumption expenditure.
Across all 11 years both countries report, Australia has been ahead every year.
Australia ranks 22nd and Marshall Islands ranks 21st of 205 countries.
Australia has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Australia | Marshall Islands | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 133.01 Households and NPISHs Final consumption expenditure | 106.38 Households and NPISHs Final consumption expenditure | 26.63 Households and NPISHs Final consumption expenditure | Australia |
| 2020s | 107.91 Households and NPISHs Final consumption expenditure | 96.35 Households and NPISHs Final consumption expenditure | 11.56 Households and NPISHs Final consumption expenditure | Australia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher price level index, Australia or Marshall Islands?
- Marshall Islands, at 95.21 Households and NPISHs Final consumption expenditure against 94.79 Households and NPISHs Final consumption expenditure in Australia as of 2021.
- What is the difference in price level index between Australia and Marshall Islands?
- 0.42 Households and NPISHs Final consumption expenditure, with Marshall Islands ahead.
- How many years of comparable data are there for Australia and Marshall Islands?
- 11 years are reported by both, from 2011 to 2021.
- How do Australia and Marshall Islands rank globally for price level index?
- Australia ranks 22nd and Marshall Islands ranks 21st of 205 countries.
- Where does this data come from?
- World Development Indicators, World Bank (WB), published as Price level index (Households and NPISHs Final consumption expenditure). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
The price level index (PLI) is the ratio of a purchasing power parity (PPP) conversion factor to the corresponding market exchange rate between two countries, expressed relative to a base country that is set equal to 100. For this series the base country is the United States. It provides a measure of the differences in price level between the country and the United States by indicating the number of units of the common currency (US dollars) needed to buy the same volume of the aggregation level in each country. This indicator provides a measure of the differences in the price levels of countries at the level of Households and NPISHs final consumption expenditure.