Gross domestic income (constant LCU), per unit of GDP in Marshall Islands
Marshall Islands: Gross domestic income (constant LCU), per unit of GDP was 0.7739 constant LCU per US$ of GDP in 2024. ▼ Falling
Gross domestic income (constant LCU), per unit of GDP in Marshall Islands, 2004–2024
Source: Statizoid (derived). Measured in constant LCU per US$ of GDP.
Analysis
The most recent figure for gross domestic income (constant lcu), per unit of gdp in Marshall Islands is 0.7739 constant LCU per US$ of GDP, measured in 2024. That is the lowest value across all 21 years on record.
That represents a change of down 8.2% on the previous year and down 21.7% over ten years.
Over the whole period, gross domestic income (constant lcu), per unit of gdp in Marshall Islands peaked at 1.23 constant LCU per US$ of GDP in 2005 and was at its lowest, 0.7739 constant LCU per US$ of GDP, in 2024.
Marshall Islands ranks 142nd of 179 countries on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 21 years of available data.
Gross domestic income (constant LCU), per unit of GDP in Marshall Islands, year by year
| Year | constant LCU per US$ of GDP | Change |
|---|---|---|
| 2004 | 1.21 constant LCU per US$ of GDP | — |
| 2005 | 1.23 constant LCU per US$ of GDP | +1.3% |
| 2006 | 1.2 constant LCU per US$ of GDP | -2.4% |
| 2007 | 1.18 constant LCU per US$ of GDP | -2.1% |
| 2008 | 1.13 constant LCU per US$ of GDP | -3.8% |
| 2009 | 1.09 constant LCU per US$ of GDP | -3.6% |
| 2010 | 1.06 constant LCU per US$ of GDP | -2.6% |
| 2011 | 1.06 constant LCU per US$ of GDP | -0.4% |
| 2012 | 1.05 constant LCU per US$ of GDP | -0.3% |
| 2013 | 1.05 constant LCU per US$ of GDP | -0.9% |
| 2014 | 0.9885 constant LCU per US$ of GDP | -5.5% |
| 2015 | 1 constant LCU per US$ of GDP | +1.2% |
| 2016 | 0.9683 constant LCU per US$ of GDP | -3.2% |
| 2017 | 0.9936 constant LCU per US$ of GDP | +2.6% |
| 2018 | 0.9984 constant LCU per US$ of GDP | +0.5% |
| 2019 | 0.9928 constant LCU per US$ of GDP | -0.6% |
| 2020 | 0.9693 constant LCU per US$ of GDP | -2.4% |
| 2021 | 0.9345 constant LCU per US$ of GDP | -3.6% |
| 2022 | 0.9091 constant LCU per US$ of GDP | -2.7% |
| 2023 | 0.843 constant LCU per US$ of GDP | -7.3% |
| 2024 | 0.7739 constant LCU per US$ of GDP | -8.2% |
Marshall Islands compared with similar countries
- Marshall Islands's 0.7739 constant LCU per US$ of GDP is below the median for upper middle income countries, which is 11.33 constant LCU per US$ of GDP, 7% of the median. (48 countries reporting)
- Marshall Islands's 0.7739 constant LCU per US$ of GDP is below the median for East Asia & Pacific, which is 5.54 constant LCU per US$ of GDP, 14% of the median. (28 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1.17 constant LCU per US$ of GDP | 1.09 constant LCU per US$ of GDP | 1.23 constant LCU per US$ of GDP | 6 |
| 2010s | 1.02 constant LCU per US$ of GDP | 0.9683 constant LCU per US$ of GDP | 1.06 constant LCU per US$ of GDP | 10 |
| 2020s | 0.886 constant LCU per US$ of GDP | 0.7739 constant LCU per US$ of GDP | 0.9693 constant LCU per US$ of GDP | 5 |
Countries ranked near Marshall Islands
- 139 Guam 0.7845 constant LCU per US$ of GDP compare
- 140 Switzerland 0.7766 constant LCU per US$ of GDP compare
- 141 France 0.775 constant LCU per US$ of GDP compare
- 143 Northern Mariana Islands 0.7687 constant LCU per US$ of GDP compare
- 144 Finland 0.7593 constant LCU per US$ of GDP compare
- 145 Italy 0.7584 constant 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)
- 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 gross domestic income (constant lcu), per unit of gdp in Marshall Islands?
- Gross domestic income (constant lcu), per unit of gdp in Marshall Islands was 0.7739 constant LCU per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest gross domestic income (constant lcu), per unit of gdp recorded in Marshall Islands?
- The highest recorded value was 1.23 constant LCU per US$ of GDP in 2005.
- What is the lowest gross domestic income (constant lcu), per unit of gdp recorded in Marshall Islands?
- The lowest recorded value was 0.7739 constant LCU per US$ of GDP in 2024.
- How does Marshall Islands rank for gross domestic income (constant lcu), per unit of gdp?
- Marshall Islands ranks 142nd out of 179 countries with data for 2024.
- Is gross domestic income (constant lcu), per unit of gdp rising or falling in Marshall Islands?
- Over the last ten years it is down 21.7%. 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 Gross domestic income (constant LCU), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Gross domestic income (constant LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross domestic income (constant LCU) ÷ GDP (current US$)
Computed from
- Gross domestic income 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
Gross domestic income (constant 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.