Final consumption expenditure (current US$), per unit of GDP (US unit) in Marshall Islands
Marshall Islands: Final consumption expenditure (current US$), per unit of GDP (US unit) was 1.24 current US$ per US$ of GDP in 2024. ▼ Falling
Final consumption expenditure (current US$), per unit of GDP in Marshall Islands, 2004–2024
Source: Statizoid (derived). Measured in current US$ per US$ of GDP.
Analysis
The most recent figure for final consumption expenditure (current us$), per unit of gdp in Marshall Islands is 1.24 current US$ per US$ of GDP, measured in 2024. That is the lowest value across all 21 years on record.
The figure is down 3.2% on the previous year and down 4.6% over ten years.
Over the whole period, final consumption expenditure (current us$), per unit of gdp in Marshall Islands peaked at 1.49 current US$ per US$ of GDP in 2008 and was at its lowest, 1.24 current US$ per US$ of GDP, in 2024.
Marshall Islands ranks 9th of 188 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 (current US$), per unit of GDP (US unit) in Marshall Islands, year by year
| Year | current US$ per US$ of GDP | Change |
|---|---|---|
| 2004 | 1.41 current US$ per US$ of GDP | — |
| 2005 | 1.45 current US$ per US$ of GDP | +2.9% |
| 2006 | 1.42 current US$ per US$ of GDP | -2.3% |
| 2007 | 1.45 current US$ per US$ of GDP | +2.2% |
| 2008 | 1.49 current US$ per US$ of GDP | +2.7% |
| 2009 | 1.43 current US$ per US$ of GDP | -3.9% |
| 2010 | 1.35 current US$ per US$ of GDP | -5.6% |
| 2011 | 1.33 current US$ per US$ of GDP | -1.6% |
| 2012 | 1.32 current US$ per US$ of GDP | -0.7% |
| 2013 | 1.34 current US$ per US$ of GDP | +1.4% |
| 2014 | 1.3 current US$ per US$ of GDP | -2.7% |
| 2015 | 1.34 current US$ per US$ of GDP | +2.8% |
| 2016 | 1.29 current US$ per US$ of GDP | -3.2% |
| 2017 | 1.31 current US$ per US$ of GDP | +1.7% |
| 2018 | 1.35 current US$ per US$ of GDP | +2.8% |
| 2019 | 1.41 current US$ per US$ of GDP | +4.4% |
| 2020 | 1.32 current US$ per US$ of GDP | -6.8% |
| 2021 | 1.27 current US$ per US$ of GDP | -3.7% |
| 2022 | 1.34 current US$ per US$ of GDP | +5.9% |
| 2023 | 1.28 current US$ per US$ of GDP | -4.5% |
| 2024 | 1.24 current US$ per US$ of GDP | -3.2% |
Marshall Islands compared with similar countries
- Marshall Islands's 1.24 current US$ per US$ of GDP is above the median for upper middle income countries, which is 0.8111 current US$ per US$ of GDP, 1.5× the median. (52 countries reporting)
- Marshall Islands's 1.24 current US$ per US$ of GDP is above the median for East Asia & Pacific, which is 0.7802 current US$ per US$ of GDP, 1.6× the median. (29 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1.44 current US$ per US$ of GDP | 1.41 current US$ per US$ of GDP | 1.49 current US$ per US$ of GDP | 6 |
| 2010s | 1.33 current US$ per US$ of GDP | 1.29 current US$ per US$ of GDP | 1.41 current US$ per US$ of GDP | 10 |
| 2020s | 1.29 current US$ per US$ of GDP | 1.24 current US$ per US$ of GDP | 1.34 current US$ per US$ of GDP | 5 |
Countries ranked near Marshall Islands
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 us$), per unit of gdp in Marshall Islands?
- Final consumption expenditure (current us$), per unit of gdp in Marshall Islands was 1.24 current US$ per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest final consumption expenditure (current us$), per unit of gdp recorded in Marshall Islands?
- The highest recorded value was 1.49 current US$ per US$ of GDP in 2008.
- What is the lowest final consumption expenditure (current us$), per unit of gdp recorded in Marshall Islands?
- The lowest recorded value was 1.24 current US$ per US$ of GDP in 2024.
- How does Marshall Islands rank for final consumption expenditure (current us$), per unit of gdp?
- Marshall Islands ranks 9th out of 188 countries with data for 2024.
- Is final consumption expenditure (current us$), 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 US$), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Final consumption expenditure (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Final consumption expenditure (current US$) ÷ GDP (current US$)
Computed from
- Final consumption expenditure Country official statistics, National Statistical Offices (NSOs)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Final consumption expenditure (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.