Final consumption expenditure (current LCU), per unit of GDP in Marshall Islands
Marshall Islands: Final consumption expenditure (current LCU), per unit of GDP 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 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% |
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)
- 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 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.