Final consumption expenditure (current LCU), per unit of GDP (LCU) in Marshall Islands
Marshall Islands: Final consumption expenditure (current LCU), per unit of GDP (LCU) was 1.24 current LCU per US$ of GDP in 2024. ▼ Falling
Final consumption expenditure (current LCU), per unit of GDP in Marshall Islands, 2004–2024
Source: Statizoid (derived). Measured in current LCU per US$ of GDP.
Analysis
In 2024, final consumption expenditure (current lcu), per unit of gdp in Marshall Islands stood at 1.24 current LCU per US$ of GDP. That is the lowest value across all 21 years on record.
Compared with earlier readings it is down 3.2% on the previous year and down 4.6% over ten years.
Over the whole period, final consumption expenditure (current lcu), per unit of gdp in Marshall Islands peaked at 1.49 current LCU per US$ of GDP in 2008 and was at its lowest, 1.24 current LCU per US$ of GDP, in 2024.
That places Marshall Islands 139th out of 188 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently falling across the 21 years of available data.
Final consumption expenditure (current LCU), per unit of GDP (LCU) in Marshall Islands, year by year
| Year | current LCU per US$ of GDP | Change |
|---|---|---|
| 2004 | 1.41 current LCU per US$ of GDP | — |
| 2005 | 1.45 current LCU per US$ of GDP | +2.9% |
| 2006 | 1.42 current LCU per US$ of GDP | -2.3% |
| 2007 | 1.45 current LCU per US$ of GDP | +2.2% |
| 2008 | 1.49 current LCU per US$ of GDP | +2.7% |
| 2009 | 1.43 current LCU per US$ of GDP | -3.9% |
| 2010 | 1.35 current LCU per US$ of GDP | -5.6% |
| 2011 | 1.33 current LCU per US$ of GDP | -1.6% |
| 2012 | 1.32 current LCU per US$ of GDP | -0.7% |
| 2013 | 1.34 current LCU per US$ of GDP | +1.4% |
| 2014 | 1.3 current LCU per US$ of GDP | -2.7% |
| 2015 | 1.34 current LCU per US$ of GDP | +2.8% |
| 2016 | 1.29 current LCU per US$ of GDP | -3.2% |
| 2017 | 1.31 current LCU per US$ of GDP | +1.7% |
| 2018 | 1.35 current LCU per US$ of GDP | +2.8% |
| 2019 | 1.41 current LCU per US$ of GDP | +4.4% |
| 2020 | 1.32 current LCU per US$ of GDP | -6.8% |
| 2021 | 1.27 current LCU per US$ of GDP | -3.7% |
| 2022 | 1.34 current LCU per US$ of GDP | +5.9% |
| 2023 | 1.28 current LCU per US$ of GDP | -4.5% |
| 2024 | 1.24 current LCU per US$ of GDP | -3.2% |
Marshall Islands compared with similar countries
- Marshall Islands's 1.24 current LCU per US$ of GDP is below the median for upper middle income countries, which is 15.47 current LCU per US$ of GDP, 8% of the median. (52 countries reporting)
- Marshall Islands's 1.24 current LCU per US$ of GDP is below the median for East Asia & Pacific, which is 4.08 current LCU per US$ of GDP, 30% of the median. (29 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1.44 current LCU per US$ of GDP | 1.41 current LCU per US$ of GDP | 1.49 current LCU per US$ of GDP | 6 |
| 2010s | 1.33 current LCU per US$ of GDP | 1.29 current LCU per US$ of GDP | 1.41 current LCU per US$ of GDP | 10 |
| 2020s | 1.29 current LCU per US$ of GDP | 1.24 current LCU per US$ of GDP | 1.34 current LCU per US$ of GDP | 5 |
Countries ranked near Marshall Islands
- 136 Suriname 1.35 current LCU per US$ of GDP compare
- 137 New Zealand 1.29 current LCU per US$ of GDP compare
- 138 Azerbaijan 1.27 current LCU per US$ of GDP compare
- 140 Aruba 1.2 current LCU per US$ of GDP compare
- 141 Qatar 1.18 current LCU per US$ of GDP compare
- 142 Australia 1.16 current LCU 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 (current lcu), per unit of gdp in Marshall Islands?
- Final consumption expenditure (current lcu), per unit of gdp in Marshall Islands was 1.24 current LCU per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest final consumption expenditure (current lcu), per unit of gdp recorded in Marshall Islands?
- The highest recorded value was 1.49 current LCU per US$ of GDP in 2008.
- What is the lowest final consumption expenditure (current lcu), per unit of gdp recorded in Marshall Islands?
- The lowest recorded value was 1.24 current LCU per US$ of GDP in 2024.
- How does Marshall Islands rank for final consumption expenditure (current lcu), per unit of gdp?
- Marshall Islands ranks 139th out of 188 countries with data for 2024.
- Is final consumption expenditure (current lcu), per unit of gdp rising or falling in Marshall Islands?
- Over the last ten years it is down 4.6%. 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 (current LCU), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Final consumption expenditure (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Final consumption expenditure (current LCU) ÷ GDP (current US$)
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 (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.