Gross national expenditure (constant 2015 US$), per capita in Marshall Islands
Marshall Islands: Gross national expenditure (constant 2015 US$), per capita was 8,707 constant 2015 US$ per person in 2024. ▲ Rising
Gross national expenditure (constant 2015 US$), per capita in Marshall Islands, 2004–2024
Source: Statizoid (derived). Measured in constant 2015 US$ per person.
Analysis
Marshall Islands recorded 8,707 constant 2015 US$ per person for gross national expenditure (constant 2015 us$), per capita in 2024.
That represents a change of up 3.2% on the previous year and up 54.0% over ten years.
Over the whole period, gross national expenditure (constant 2015 us$), per capita in Marshall Islands peaked at 9,997 constant 2015 US$ per person in 2019 and was at its lowest, 5,039 constant 2015 US$ per person, in 2008.
That places Marshall Islands 71st out of 163 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 21 years of available data.
Gross national expenditure (constant 2015 US$), per capita in Marshall Islands, year by year
| Year | constant 2015 US$ per person | Change |
|---|---|---|
| 2004 | 5,188 constant 2015 US$ per person | — |
| 2005 | 5,356 constant 2015 US$ per person | +3.2% |
| 2006 | 5,635 constant 2015 US$ per person | +5.2% |
| 2007 | 5,761 constant 2015 US$ per person | +2.2% |
| 2008 | 5,039 constant 2015 US$ per person | -12.5% |
| 2009 | 5,604 constant 2015 US$ per person | +11.2% |
| 2010 | 5,812 constant 2015 US$ per person | +3.7% |
| 2011 | 5,335 constant 2015 US$ per person | -8.2% |
| 2012 | 5,238 constant 2015 US$ per person | -1.8% |
| 2013 | 5,955 constant 2015 US$ per person | +13.7% |
| 2014 | 5,655 constant 2015 US$ per person | -5.0% |
| 2015 | 5,683 constant 2015 US$ per person | +0.5% |
| 2016 | 6,341 constant 2015 US$ per person | +11.6% |
| 2017 | 7,058 constant 2015 US$ per person | +11.3% |
| 2018 | 7,469 constant 2015 US$ per person | +5.8% |
| 2019 | 9,997 constant 2015 US$ per person | +33.8% |
| 2020 | 8,191 constant 2015 US$ per person | -18.1% |
| 2021 | 8,533 constant 2015 US$ per person | +4.2% |
| 2022 | 9,242 constant 2015 US$ per person | +8.3% |
| 2023 | 8,438 constant 2015 US$ per person | -8.7% |
| 2024 | 8,707 constant 2015 US$ per person | +3.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 5,430 constant 2015 US$ per person | 5,039 constant 2015 US$ per person | 5,761 constant 2015 US$ per person | 6 |
| 2010s | 6,454 constant 2015 US$ per person | 5,238 constant 2015 US$ per person | 9,997 constant 2015 US$ per person | 10 |
| 2020s | 8,622 constant 2015 US$ per person | 8,191 constant 2015 US$ per person | 9,242 constant 2015 US$ per person | 5 |
Countries ranked near Marshall Islands
- 68 Serbia 9,692 constant 2015 US$ per person compare
- 69 Maldives 9,427 constant 2015 US$ per person compare
- 70 Bosnia and Herzegovina 8,894 constant 2015 US$ per person compare
- 72 North Macedonia 8,094 constant 2015 US$ per person compare
- 73 Botswana 8,058 constant 2015 US$ per person compare
- 74 Belarus 7,783 constant 2015 US$ 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)
- Final consumption expenditure (constant 2015 US$), per capita 7,204 constant 2015 US$ per person (2024)
- Gross national expenditure (current US$), annual growth rate 6.33 % change on previous year (2024)
- Gross national expenditure (current US$), per unit of GDP 1.45 current US$ per US$ of GDP (2024)
- Gross national expenditure (current US$), per capita 11,016 current US$ per person (2024)
- Gross national expenditure (current LCU), annual growth rate 6.33 % change on previous year (2024)
- Gross national expenditure (current LCU), per unit of GDP 1.45 current LCU per US$ of GDP (2024)
- Gross national expenditure (current LCU), per capita 11,016 current LCU per person (2024)
- Gross national expenditure (constant 2015 US$), annual growth rate -0.2137 % change on previous year (2024)
Frequently asked questions
- What is gross national expenditure (constant 2015 us$), per capita in Marshall Islands?
- Gross national expenditure (constant 2015 us$), per capita in Marshall Islands was 8,707 constant 2015 US$ per person in 2024, according to Statizoid (derived).
- What is the highest gross national expenditure (constant 2015 us$), per capita recorded in Marshall Islands?
- The highest recorded value was 9,997 constant 2015 US$ per person in 2019.
- What is the lowest gross national expenditure (constant 2015 us$), per capita recorded in Marshall Islands?
- The lowest recorded value was 5,039 constant 2015 US$ per person in 2008.
- How does Marshall Islands rank for gross national expenditure (constant 2015 us$), per capita?
- Marshall Islands ranks 71st out of 163 countries with data for 2024.
- Is gross national expenditure (constant 2015 us$), per capita rising or falling in Marshall Islands?
- Over the last ten years it is up 54.0%. 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 Gross national expenditure (constant 2015 US$), per capita. Statizoid updates them automatically from the source API.
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How this figure is calculated
Gross national expenditure (constant 2015 US$) divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross national expenditure (constant 2015 US$) ÷ Population, total
Computed from
- Gross national expenditure Country official statistics, National Statistical Organizations and/or Central Banks
- Population, total World Population Prospects, United Nations (UN)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Gross national expenditure (constant 2015 US$) divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.