Gross national expenditure (constant 2015 US$), per unit of GDP in Marshall Islands
Marshall Islands: Gross national expenditure (constant 2015 US$), per unit of GDP was 1.15 constant 2015 US$ per US$ of GDP in 2024. ▼ Falling
Gross national expenditure (constant 2015 US$), per unit of GDP in Marshall Islands, 2004–2024
Source: Statizoid (derived). Measured in constant 2015 US$ per US$ of GDP.
Analysis
In 2024, gross national expenditure (constant 2015 us$), per unit of gdp in Marshall Islands stood at 1.15 constant 2015 US$ per US$ of GDP. That is the lowest value across all 21 years on record.
The figure is down 7.6% on the previous year and down 24.2% over ten years.
Over the whole period, gross national expenditure (constant 2015 us$), per unit of gdp in Marshall Islands peaked at 2.05 constant 2015 US$ per US$ of GDP in 2006 and was at its lowest, 1.15 constant 2015 US$ per US$ of GDP, in 2024.
Marshall Islands ranks 18th of 163 countries on this measure, in the top quarter.
The long-run direction has been consistently falling across the 21 years of available data.
Gross national expenditure (constant 2015 US$), per unit of GDP in Marshall Islands, year by year
| Year | constant 2015 US$ per US$ of GDP | Change |
|---|---|---|
| 2004 | 2.02 constant 2015 US$ per US$ of GDP | — |
| 2005 | 2.01 constant 2015 US$ per US$ of GDP | -0.4% |
| 2006 | 2.05 constant 2015 US$ per US$ of GDP | +1.6% |
| 2007 | 1.99 constant 2015 US$ per US$ of GDP | -2.7% |
| 2008 | 1.79 constant 2015 US$ per US$ of GDP | -10.2% |
| 2009 | 1.93 constant 2015 US$ per US$ of GDP | +7.8% |
| 2010 | 1.88 constant 2015 US$ per US$ of GDP | -2.6% |
| 2011 | 1.61 constant 2015 US$ per US$ of GDP | -14.4% |
| 2012 | 1.49 constant 2015 US$ per US$ of GDP | -7.3% |
| 2013 | 1.62 constant 2015 US$ per US$ of GDP | +8.6% |
| 2014 | 1.51 constant 2015 US$ per US$ of GDP | -6.5% |
| 2015 | 1.51 constant 2015 US$ per US$ of GDP | -0.3% |
| 2016 | 1.5 constant 2015 US$ per US$ of GDP | -0.7% |
| 2017 | 1.54 constant 2015 US$ per US$ of GDP | +2.5% |
| 2018 | 1.54 constant 2015 US$ per US$ of GDP | +0.0% |
| 2019 | 1.89 constant 2015 US$ per US$ of GDP | +22.9% |
| 2020 | 1.45 constant 2015 US$ per US$ of GDP | -23.4% |
| 2021 | 1.35 constant 2015 US$ per US$ of GDP | -6.6% |
| 2022 | 1.43 constant 2015 US$ per US$ of GDP | +6.0% |
| 2023 | 1.24 constant 2015 US$ per US$ of GDP | -13.3% |
| 2024 | 1.15 constant 2015 US$ per US$ of GDP | -7.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1.97 constant 2015 US$ per US$ of GDP | 1.79 constant 2015 US$ per US$ of GDP | 2.05 constant 2015 US$ per US$ of GDP | 6 |
| 2010s | 1.61 constant 2015 US$ per US$ of GDP | 1.49 constant 2015 US$ per US$ of GDP | 1.89 constant 2015 US$ per US$ of GDP | 10 |
| 2020s | 1.32 constant 2015 US$ per US$ of GDP | 1.15 constant 2015 US$ per US$ of GDP | 1.45 constant 2015 US$ per US$ of GDP | 5 |
Countries ranked near Marshall Islands
- 15 Pakistan 1.2 constant 2015 US$ per US$ of GDP compare
- 16 Togo 1.17 constant 2015 US$ per US$ of GDP compare
- 17 Namibia 1.15 constant 2015 US$ per US$ of GDP compare
- 19 Mozambique 1.14 constant 2015 US$ per US$ of GDP compare
- 20 Palau 1.13 constant 2015 US$ per US$ of GDP compare
- 21 Japan 1.12 constant 2015 US$ 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)
- 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 unit of gdp in Marshall Islands?
- Gross national expenditure (constant 2015 us$), per unit of gdp in Marshall Islands was 1.15 constant 2015 US$ per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest gross national expenditure (constant 2015 us$), per unit of gdp recorded in Marshall Islands?
- The highest recorded value was 2.05 constant 2015 US$ per US$ of GDP in 2006.
- What is the lowest gross national expenditure (constant 2015 us$), per unit of gdp recorded in Marshall Islands?
- The lowest recorded value was 1.15 constant 2015 US$ per US$ of GDP in 2024.
- How does Marshall Islands rank for gross national expenditure (constant 2015 us$), per unit of gdp?
- Marshall Islands ranks 18th out of 163 countries with data for 2024.
- Is gross national expenditure (constant 2015 us$), per unit of gdp rising or falling in Marshall Islands?
- Over the last ten years it is down 24.2%. 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 national expenditure (constant 2015 US$), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Gross national expenditure (constant 2015 US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross national expenditure (constant 2015 US$) ÷ GDP (current US$)
Computed from
- Gross national expenditure Country official statistics, National Statistical Organizations and/or Central Banks
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Gross national expenditure (constant 2015 US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.