Final consumption expenditure (constant 2015 US$), per unit of GDP in Marshall Islands
Marshall Islands: Final consumption expenditure (constant 2015 US$), per unit of GDP was 0.9491 constant 2015 US$ per US$ of GDP in 2024. ▼ Falling
Final consumption expenditure (constant 2015 US$), per unit of GDP in Marshall Islands, 2004–2024
Source: Statizoid (derived). Measured in constant 2015 US$ per US$ of GDP.
Analysis
In 2024, final consumption expenditure (constant 2015 us$), per unit of gdp in Marshall Islands stood at 0.9491 constant 2015 US$ per US$ of GDP. That is the lowest value across all 21 years on record.
The figure is down 9.9% on the previous year and down 27.4% over ten years.
Over the whole period, final consumption expenditure (constant 2015 us$), per unit of gdp in Marshall Islands peaked at 1.82 constant 2015 US$ per US$ of GDP in 2004 and was at its lowest, 0.9491 constant 2015 US$ per US$ of GDP, in 2024.
Marshall Islands ranks 17th of 172 countries on this measure, in the top 10%.
The long-run direction has been consistently falling across the 21 years of available data.
Final consumption expenditure (constant 2015 US$), per unit of GDP in Marshall Islands, year by year
| Year | constant 2015 US$ per US$ of GDP | Change |
|---|---|---|
| 2004 | 1.82 constant 2015 US$ per US$ of GDP | — |
| 2005 | 1.81 constant 2015 US$ per US$ of GDP | -0.6% |
| 2006 | 1.71 constant 2015 US$ per US$ of GDP | -5.3% |
| 2007 | 1.7 constant 2015 US$ per US$ of GDP | -0.9% |
| 2008 | 1.58 constant 2015 US$ per US$ of GDP | -7.1% |
| 2009 | 1.53 constant 2015 US$ per US$ of GDP | -2.7% |
| 2010 | 1.44 constant 2015 US$ per US$ of GDP | -6.4% |
| 2011 | 1.38 constant 2015 US$ per US$ of GDP | -4.1% |
| 2012 | 1.35 constant 2015 US$ per US$ of GDP | -2.2% |
| 2013 | 1.37 constant 2015 US$ per US$ of GDP | +1.8% |
| 2014 | 1.31 constant 2015 US$ per US$ of GDP | -4.6% |
| 2015 | 1.34 constant 2015 US$ per US$ of GDP | +2.1% |
| 2016 | 1.28 constant 2015 US$ per US$ of GDP | -3.9% |
| 2017 | 1.29 constant 2015 US$ per US$ of GDP | +0.7% |
| 2018 | 1.29 constant 2015 US$ per US$ of GDP | +0.2% |
| 2019 | 1.34 constant 2015 US$ per US$ of GDP | +3.2% |
| 2020 | 1.23 constant 2015 US$ per US$ of GDP | -8.0% |
| 2021 | 1.14 constant 2015 US$ per US$ of GDP | -7.3% |
| 2022 | 1.17 constant 2015 US$ per US$ of GDP | +2.9% |
| 2023 | 1.05 constant 2015 US$ per US$ of GDP | -10.2% |
| 2024 | 0.9491 constant 2015 US$ per US$ of GDP | -9.9% |
Marshall Islands compared with similar countries
- Marshall Islands's 0.9491 constant 2015 US$ per US$ of GDP is above the median for upper middle income countries, which is 0.6705 constant 2015 US$ per US$ of GDP, 1.4× the median. (47 countries reporting)
- Marshall Islands's 0.9491 constant 2015 US$ per US$ of GDP is above the median for East Asia & Pacific, which is 0.6965 constant 2015 US$ per US$ of GDP, 1.4× the median. (25 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1.69 constant 2015 US$ per US$ of GDP | 1.53 constant 2015 US$ per US$ of GDP | 1.82 constant 2015 US$ per US$ of GDP | 6 |
| 2010s | 1.34 constant 2015 US$ per US$ of GDP | 1.28 constant 2015 US$ per US$ of GDP | 1.44 constant 2015 US$ per US$ of GDP | 10 |
| 2020s | 1.11 constant 2015 US$ per US$ of GDP | 0.9491 constant 2015 US$ per US$ of GDP | 1.23 constant 2015 US$ per US$ of GDP | 5 |
Countries ranked near Marshall Islands
- 14 Somalia 1.01 constant 2015 US$ per US$ of GDP compare
- 15 Tonga 0.9922 constant 2015 US$ per US$ of GDP compare
- 16 Namibia 0.9824 constant 2015 US$ per US$ of GDP compare
- 18 Tajikistan 0.9308 constant 2015 US$ per US$ of GDP compare
- 19 Mozambique 0.924 constant 2015 US$ per US$ of GDP compare
- 20 Libya 0.8922 constant 2015 US$ per US$ of GDP 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)
- SDRs holdings, US dollar, annual growth rate 4.97 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0342 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 290.63 units per person (2025)
- SDRs holdings, SDR, annual growth rate -0.0384 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.025 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 212.21 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 5.01 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0202 units per US$ of GDP (2025)
Frequently asked questions
- What is final consumption expenditure (constant 2015 us$), per unit of gdp in Marshall Islands?
- Final consumption expenditure (constant 2015 us$), per unit of gdp in Marshall Islands was 0.9491 constant 2015 US$ per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest final consumption expenditure (constant 2015 us$), per unit of gdp recorded in Marshall Islands?
- The highest recorded value was 1.82 constant 2015 US$ per US$ of GDP in 2004.
- What is the lowest final consumption expenditure (constant 2015 us$), per unit of gdp recorded in Marshall Islands?
- The lowest recorded value was 0.9491 constant 2015 US$ per US$ of GDP in 2024.
- How does Marshall Islands rank for final consumption expenditure (constant 2015 us$), per unit of gdp?
- Marshall Islands ranks 17th out of 172 countries with data for 2024.
- Is final consumption expenditure (constant 2015 us$), per unit of gdp rising or falling in Marshall Islands?
- Over the last ten years it is down 27.4%. The long-run trend across the full record is falling.
- Where does this Marshall Islands data come from?
- The figures come from Statizoid (derived), published as part of Final consumption expenditure (constant 2015 US$), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Final consumption expenditure (constant 2015 US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Final consumption expenditure (constant 2015 US$) ÷ GDP (current US$)
Computed from
- Final consumption expenditure Country official statistics, National Statistical Organizations and/or Central Banks
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Final consumption expenditure (constant 2015 US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.