Final consumption expenditure (constant LCU), per capita in Marshall Islands
Marshall Islands: Final consumption expenditure (constant LCU), per capita was 7,204 constant LCU per person in 2024. ▲ Rising
Final consumption expenditure (constant LCU), per capita in Marshall Islands, 2004–2024
Source: Statizoid (derived). Measured in constant LCU per person.
Analysis
In 2024, final consumption expenditure (constant lcu), per capita in Marshall Islands stood at 7,204 constant LCU per person.
Compared with earlier readings it is up 0.6% on the previous year and up 47.5% over ten years.
Over the whole period, final consumption expenditure (constant lcu), per capita in Marshall Islands peaked at 7,568 constant LCU per person in 2022 and was at its lowest, 4,441 constant LCU per person, in 2008.
Marshall Islands ranks 157th of 177 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 21 years of available data.
Final consumption expenditure (constant LCU), per capita in Marshall Islands, year by year
| Year | constant LCU per person | Change |
|---|---|---|
| 2004 | 4,661 constant LCU per person | — |
| 2005 | 4,802 constant LCU per person | +3.0% |
| 2006 | 4,713 constant LCU per person | -1.9% |
| 2007 | 4,906 constant LCU per person | +4.1% |
| 2008 | 4,441 constant LCU per person | -9.5% |
| 2009 | 4,458 constant LCU per person | +0.4% |
| 2010 | 4,444 constant LCU per person | -0.3% |
| 2011 | 4,572 constant LCU per person | +2.9% |
| 2012 | 4,734 constant LCU per person | +3.5% |
| 2013 | 5,042 constant LCU per person | +6.5% |
| 2014 | 4,886 constant LCU per person | -3.1% |
| 2015 | 5,028 constant LCU per person | +2.9% |
| 2016 | 5,429 constant LCU per person | +8.0% |
| 2017 | 5,935 constant LCU per person | +9.3% |
| 2018 | 6,291 constant LCU per person | +6.0% |
| 2019 | 7,069 constant LCU per person | +12.4% |
| 2020 | 6,959 constant LCU per person | -1.6% |
| 2021 | 7,198 constant LCU per person | +3.4% |
| 2022 | 7,568 constant LCU per person | +5.1% |
| 2023 | 7,162 constant LCU per person | -5.4% |
| 2024 | 7,204 constant LCU per person | +0.6% |
Marshall Islands compared with similar countries
- Marshall Islands's 7,204 constant LCU per person is below the median for upper middle income countries, which is 72,788 constant LCU per person, 10% of the median. (48 countries reporting)
- Marshall Islands's 7,204 constant LCU per person is below the median for East Asia & Pacific, which is 63,624 constant LCU per person, 11% of the median. (26 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 4,664 constant LCU per person | 4,441 constant LCU per person | 4,906 constant LCU per person | 6 |
| 2010s | 5,343 constant LCU per person | 4,444 constant LCU per person | 7,069 constant LCU per person | 10 |
| 2020s | 7,218 constant LCU per person | 6,959 constant LCU per person | 7,568 constant LCU per person | 5 |
Countries ranked near Marshall Islands
- 154 Yemen 8,263 constant LCU per person compare
- 155 Tunisia 7,521 constant LCU per person compare
- 156 Libya 7,300 constant LCU per person compare
- 158 Sierra Leone 6,017 constant LCU per person compare
- 159 Bahrain 5,131 constant LCU per person compare
- 160 Ecuador 5,045 constant LCU 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)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 13.36 million BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual 46.01 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0469 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 355.78 BoP, current US$ per person (2024)
- General government final consumption expenditure (current US$) 2.99 % change on previous year (2024)
- General government final consumption expenditure (current US$), per 0.5453 current US$ per US$ of GDP (2024)
- General government final consumption expenditure (current US$), per 4,139 current US$ per person (2024)
- General government final consumption expenditure (current LCU) 2.99 % change on previous year (2024)
Frequently asked questions
- What is final consumption expenditure (constant lcu), per capita in Marshall Islands?
- Final consumption expenditure (constant lcu), per capita in Marshall Islands was 7,204 constant LCU per person in 2024, according to Statizoid (derived).
- What is the highest final consumption expenditure (constant lcu), per capita recorded in Marshall Islands?
- The highest recorded value was 7,568 constant LCU per person in 2022.
- What is the lowest final consumption expenditure (constant lcu), per capita recorded in Marshall Islands?
- The lowest recorded value was 4,441 constant LCU per person in 2008.
- How does Marshall Islands rank for final consumption expenditure (constant lcu), per capita?
- Marshall Islands ranks 157th out of 177 countries with data for 2024.
- Is final consumption expenditure (constant lcu), 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 LCU), per capita. Statizoid updates them automatically from the source API.
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How this figure is calculated
Final consumption expenditure (constant LCU) 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 LCU) ÷ 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 LCU) divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.