Final consumption expenditure (constant 2015 US$), per capita in Marshall Islands
Marshall Islands: Final consumption expenditure (constant 2015 US$), per capita was 7,204 constant 2015 US$ per person in 2024. ▲ Rising
Final consumption expenditure (constant 2015 US$), per capita in Marshall Islands, 2004–2024
Source: Statizoid (derived). Measured in constant 2015 US$ per person.
Analysis
Marshall Islands recorded 7,204 constant 2015 US$ per person for final consumption expenditure (constant 2015 us$), per capita in 2024.
The figure is up 0.6% on the previous year and up 47.5% over ten years.
Over the whole period, final consumption expenditure (constant 2015 us$), per capita in Marshall Islands peaked at 7,568 constant 2015 US$ per person in 2022 and was at its lowest, 4,441 constant 2015 US$ per person, in 2008.
Marshall Islands ranks 74th of 172 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 21 years of available data.
Final consumption expenditure (constant 2015 US$), per capita in Marshall Islands, year by year
| Year | constant 2015 US$ per person | Change |
|---|---|---|
| 2004 | 4,661 constant 2015 US$ per person | — |
| 2005 | 4,802 constant 2015 US$ per person | +3.0% |
| 2006 | 4,713 constant 2015 US$ per person | -1.9% |
| 2007 | 4,906 constant 2015 US$ per person | +4.1% |
| 2008 | 4,441 constant 2015 US$ per person | -9.5% |
| 2009 | 4,458 constant 2015 US$ per person | +0.4% |
| 2010 | 4,444 constant 2015 US$ per person | -0.3% |
| 2011 | 4,572 constant 2015 US$ per person | +2.9% |
| 2012 | 4,734 constant 2015 US$ per person | +3.5% |
| 2013 | 5,042 constant 2015 US$ per person | +6.5% |
| 2014 | 4,886 constant 2015 US$ per person | -3.1% |
| 2015 | 5,028 constant 2015 US$ per person | +2.9% |
| 2016 | 5,429 constant 2015 US$ per person | +8.0% |
| 2017 | 5,935 constant 2015 US$ per person | +9.3% |
| 2018 | 6,291 constant 2015 US$ per person | +6.0% |
| 2019 | 7,069 constant 2015 US$ per person | +12.4% |
| 2020 | 6,959 constant 2015 US$ per person | -1.6% |
| 2021 | 7,198 constant 2015 US$ per person | +3.4% |
| 2022 | 7,568 constant 2015 US$ per person | +5.1% |
| 2023 | 7,162 constant 2015 US$ per person | -5.4% |
| 2024 | 7,204 constant 2015 US$ per person | +0.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 4,664 constant 2015 US$ per person | 4,441 constant 2015 US$ per person | 4,906 constant 2015 US$ per person | 6 |
| 2010s | 5,343 constant 2015 US$ per person | 4,444 constant 2015 US$ per person | 7,069 constant 2015 US$ per person | 10 |
| 2020s | 7,218 constant 2015 US$ per person | 6,959 constant 2015 US$ per person | 7,568 constant 2015 US$ per person | 5 |
Countries ranked near Marshall Islands
- 71 China 7,621 constant 2015 US$ per person compare
- 72 Dominican Republic 7,359 constant 2015 US$ per person compare
- 73 Serbia 7,240 constant 2015 US$ per person compare
- 75 Cuba 6,826 constant 2015 US$ per person compare
- 76 Bosnia and Herzegovina 6,682 constant 2015 US$ per person compare
- 77 Colombia 6,526 constant 2015 US$ per person compare
More economy & growth data for Marshall Islands
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 0.6305 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 1.5 Percent per annum (2029)
- Gross national expenditure (current US$), annual growth rate 6.33 % change on previous year (2024)
- Gross national expenditure (current US$), per unit of GDP 1.45 current US$ per US$ of GDP (2024)
- Gross national expenditure (current US$), per capita 11,016 current US$ per person (2024)
- Gross national expenditure (current LCU), annual growth rate 6.33 % change on previous year (2024)
- Gross national expenditure (current LCU), per unit of GDP 1.45 current LCU per US$ of GDP (2024)
- Gross national expenditure (current LCU), per capita 11,016 current LCU per person (2024)
- Gross national expenditure (constant 2015 US$), annual growth rate -0.2137 % change on previous year (2024)
- Gross national expenditure (constant 2015 US$), per unit of GDP 1.15 constant 2015 US$ per US$ of GDP (2024)
Frequently asked questions
- What is final consumption expenditure (constant 2015 us$), per capita in Marshall Islands?
- Final consumption expenditure (constant 2015 us$), per capita in Marshall Islands was 7,204 constant 2015 US$ per person in 2024, according to Statizoid (derived).
- What is the highest final consumption expenditure (constant 2015 us$), per capita recorded in Marshall Islands?
- The highest recorded value was 7,568 constant 2015 US$ per person in 2022.
- What is the lowest final consumption expenditure (constant 2015 us$), per capita recorded in Marshall Islands?
- The lowest recorded value was 4,441 constant 2015 US$ per person in 2008.
- How does Marshall Islands rank for final consumption expenditure (constant 2015 us$), per capita?
- Marshall Islands ranks 74th out of 172 countries with data for 2024.
- Is final consumption expenditure (constant 2015 us$), per capita rising or falling in Marshall Islands?
- Over the last ten years it is up 47.5%. The long-run trend across the full record is rising.
- Where does this Marshall Islands data come from?
- The figures come from Statizoid (derived), published as part of Final consumption expenditure (constant 2015 US$), per capita. Statizoid updates them automatically from the source API.
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How this figure is calculated
Final consumption expenditure (constant 2015 US$) divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Final consumption expenditure (constant 2015 US$) ÷ Population, total
Computed from
- Final consumption expenditure Country official statistics, National Statistical Organizations and/or Central Banks
- Population, total World Population Prospects, United Nations (UN)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Final consumption expenditure (constant 2015 US$) divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.