Discrepancy in expenditure estimate of GDP in Marshall Islands
Marshall Islands: Discrepancy in expenditure estimate of GDP was 2.18 million constant LCU in 2024. ◆ Volatile
Discrepancy in expenditure estimate of GDP in Marshall Islands, 2015–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant LCU.
Analysis
The most recent figure for discrepancy in expenditure estimate of gdp in Marshall Islands is 2.18 million constant LCU, measured in 2024. That is the highest value across all 10 years on record.
Compared with earlier readings it is up 120.6% on the previous year and up 222.6% over ten years.
Over the whole period, discrepancy in expenditure estimate of gdp in Marshall Islands peaked at 2.18 million constant LCU in 2024 and was at its lowest, -38.72 million constant LCU, in 2021.
Marshall Islands ranks 52nd of 154 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Discrepancy in expenditure estimate of GDP in Marshall Islands, year by year
| Year | constant LCU | Change |
|---|---|---|
| 2015 | -1.78 million constant LCU | — |
| 2016 | -13.45 million constant LCU | +655.6% |
| 2017 | -11.71 million constant LCU | -13.0% |
| 2018 | -10.24 million constant LCU | -12.5% |
| 2019 | -24.29 million constant LCU | +137.1% |
| 2020 | -19.71 million constant LCU | -18.8% |
| 2021 | -38.72 million constant LCU | +96.4% |
| 2022 | -27.20 million constant LCU | -29.7% |
| 2023 | -10.62 million constant LCU | -61.0% |
| 2024 | 2.18 million constant LCU | -120.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | -12.29 million constant LCU | -24.29 million constant LCU | -1.78 million constant LCU | 5 |
| 2020s | -18.81 million constant LCU | -38.72 million constant LCU | 2.18 million constant LCU | 5 |
Countries ranked near Marshall Islands
- 49 Bermuda 6.95 million constant LCU compare
- 50 Kiribati 6.50 million constant LCU compare
- 51 Canada 2.35 million constant LCU compare
- 53 Seychelles 840,000 constant LCU compare
- 54 Equatorial Guinea 474,200 constant LCU compare
- 55 Central African Republic 382,600 constant LCU compare
More economy & growth data for Marshall Islands
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 1.5 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 0.6305 Percent per annum (2029)
- External balance on goods and services as a percent of GDP -43.8% (2025)
- Manufacturing value added to gdp, per unit of GDP 0 units per US$ of GDP (2024)
- Manufacturing value added to gdp, per capita 0.0001 units per person (2024)
- Gdp worldbank constant usd, annual growth rate 2.28 % change on previous year (2025)
- Gdp worldbank constant usd, per capita 6,174 units per person (2025)
- Gdp worldbank constant usd, per unit of GDP 0.7273 units per US$ of GDP (2025)
- GDP per capita 6,174 constant 2015 US$ (2025)
- Gross fixed capital formation 65.14 million current US$ (2024)
Frequently asked questions
- What is discrepancy in expenditure estimate of gdp in Marshall Islands?
- Discrepancy in expenditure estimate of gdp in Marshall Islands was 2.18 million constant LCU in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest discrepancy in expenditure estimate of gdp recorded in Marshall Islands?
- The highest recorded value was 2.18 million constant LCU in 2024.
- What is the lowest discrepancy in expenditure estimate of gdp recorded in Marshall Islands?
- The lowest recorded value was -38.72 million constant LCU in 2021.
- How does Marshall Islands rank for discrepancy in expenditure estimate of gdp?
- Marshall Islands ranks 52nd out of 154 countries with data for 2024.
- Is discrepancy in expenditure estimate of gdp rising or falling in Marshall Islands?
- Over the last ten years it is up 222.6%. The long-run trend across the full record is volatile.
- Where does this Marshall Islands data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Discrepancy in expenditure estimate of GDP (constant LCU). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 10 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Although the SNA ensures there is perfect consistency between the three measures of GDP, this is a conceptual consistency that in general does not emerge naturally from data compilations. This is because of the wide disparity of data sources that must be called on and the fact that any error in any source will lead to a difference between at least two of the GDP measures. In practice it is inevitable that many such data errors will exist and will become apparent in exercises such as the balancing of supply and use tables. This indicator is expressed in constant prices, meaning the underlying series have been adjusted to account for price changes over time. The reference year for this adjustment varies by country.