Final consumption expenditure (current LCU), per capita in Marshall Islands
Marshall Islands: Final consumption expenditure (current LCU), per capita was 9,413 current LCU per person in 2024. ▲ Rising
Final consumption expenditure (current LCU), per capita in Marshall Islands, 2004–2024
Source: Statizoid (derived). Measured in current LCU per person.
Analysis
Marshall Islands recorded 9,413 current LCU per person for final consumption expenditure (current lcu), per capita in 2024. That is the highest value across all 21 years on record.
Compared with earlier readings it is up 8.1% on the previous year and up 93.9% over ten years.
Over the whole period, final consumption expenditure (current lcu), per capita in Marshall Islands peaked at 9,413 current LCU per person in 2024 and was at its lowest, 3,614 current LCU per person, in 2004.
That places Marshall Islands 174th out of 188 countries with data for 2024, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 21 years of available data.
Final consumption expenditure (current LCU), per capita in Marshall Islands, year by year
| Year | current LCU per person | Change |
|---|---|---|
| 2004 | 3,614 current LCU per person | — |
| 2005 | 3,854 current LCU per person | +6.6% |
| 2006 | 3,901 current LCU per person | +1.2% |
| 2007 | 4,188 current LCU per person | +7.3% |
| 2008 | 4,191 current LCU per person | +0.1% |
| 2009 | 4,155 current LCU per person | -0.8% |
| 2010 | 4,176 current LCU per person | +0.5% |
| 2011 | 4,407 current LCU per person | +5.5% |
| 2012 | 4,631 current LCU per person | +5.1% |
| 2013 | 4,914 current LCU per person | +6.1% |
| 2014 | 4,856 current LCU per person | -1.2% |
| 2015 | 5,028 current LCU per person | +3.6% |
| 2016 | 5,467 current LCU per person | +8.7% |
| 2017 | 6,036 current LCU per person | +10.4% |
| 2018 | 6,564 current LCU per person | +8.8% |
| 2019 | 7,468 current LCU per person | +13.8% |
| 2020 | 7,447 current LCU per person | -0.3% |
| 2021 | 7,995 current LCU per person | +7.4% |
| 2022 | 8,655 current LCU per person | +8.3% |
| 2023 | 8,708 current LCU per person | +0.6% |
| 2024 | 9,413 current LCU per person | +8.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 3,984 current LCU per person | 3,614 current LCU per person | 4,191 current LCU per person | 6 |
| 2010s | 5,355 current LCU per person | 4,176 current LCU per person | 7,468 current LCU per person | 10 |
| 2020s | 8,444 current LCU per person | 7,447 current LCU per person | 9,413 current LCU per person | 5 |
Countries ranked near Marshall Islands
- 171 Panama 11,770 current LCU per person compare
- 172 Suriname 10,742 current LCU per person compare
- 173 Azerbaijan 9,436 current LCU per person compare
- 175 Kuwait 6,789 current LCU per person compare
- 176 Kosovo 6,689 current LCU per person compare
- 176 Kosovo (UNSCR 1244) 6,689 current 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)
- Households and NPISHs Final consumption expenditure (current LCU) 5.78 % change on previous year (2024)
- Households and NPISHs Final consumption expenditure (current LCU) 0.6948 current LCU per US$ of GDP (2024)
- Households and NPISHs Final consumption expenditure (current LCU) 5,274 current LCU per person (2024)
- Households and NPISHs Final consumption expenditure (constant 2015) -1.58 % change on previous year (2024)
- Households and NPISHs Final consumption expenditure (constant 2015) 0.5356 constant 2015 US$ per US$ of GDP (2024)
- Households and NPISHs Final consumption expenditure (constant 2015) 4,066 constant 2015 US$ per person (2024)
- Final consumption expenditure (current US$), annual growth rate 4.54 % change on previous year (2024)
- Final consumption expenditure (current US$), per unit of GDP 1.24 current US$ per US$ of GDP (2024)
Frequently asked questions
- What is final consumption expenditure (current lcu), per capita in Marshall Islands?
- Final consumption expenditure (current lcu), per capita in Marshall Islands was 9,413 current LCU per person in 2024, according to Statizoid (derived).
- What is the highest final consumption expenditure (current lcu), per capita recorded in Marshall Islands?
- The highest recorded value was 9,413 current LCU per person in 2024.
- What is the lowest final consumption expenditure (current lcu), per capita recorded in Marshall Islands?
- The lowest recorded value was 3,614 current LCU per person in 2004.
- How does Marshall Islands rank for final consumption expenditure (current lcu), per capita?
- Marshall Islands ranks 174th out of 188 countries with data for 2024.
- Is final consumption expenditure (current lcu), per capita rising or falling in Marshall Islands?
- Over the last ten years it is up 93.9%. 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 (current LCU), per capita. Statizoid updates them automatically from the source API.
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How this figure is calculated
Final consumption expenditure (current 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 (current 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 (current LCU) divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.