Gross national expenditure (current LCU), per unit of GDP (current) in Marshall Islands
Marshall Islands: Gross national expenditure (current LCU), per unit of GDP (current) was 1.45 current LCU per US$ of GDP in 2024. ▼ Falling
Gross national expenditure (current LCU), per unit of GDP in Marshall Islands, 2004–2024
Source: Statizoid (derived). Measured in current LCU per US$ of GDP.
Analysis
Marshall Islands recorded 1.45 current LCU per US$ of GDP for gross national expenditure (current lcu), per unit of gdp in 2024.
The figure is down 1.5% on the previous year and down 3.5% over ten years.
Over the whole period, gross national expenditure (current lcu), per unit of gdp in Marshall Islands peaked at 1.94 current LCU per US$ of GDP in 2019 and was at its lowest, 1.45 current LCU per US$ of GDP, in 2012.
Marshall Islands ranks 143rd of 186 countries on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 21 years of available data.
Gross national expenditure (current LCU), per unit of GDP (current) in Marshall Islands, year by year
| Year | current LCU per US$ of GDP | Change |
|---|---|---|
| 2004 | 1.59 current LCU per US$ of GDP | — |
| 2005 | 1.63 current LCU per US$ of GDP | +2.8% |
| 2006 | 1.71 current LCU per US$ of GDP | +4.8% |
| 2007 | 1.71 current LCU per US$ of GDP | +0.4% |
| 2008 | 1.69 current LCU per US$ of GDP | -1.7% |
| 2009 | 1.81 current LCU per US$ of GDP | +7.2% |
| 2010 | 1.77 current LCU per US$ of GDP | -1.9% |
| 2011 | 1.56 current LCU per US$ of GDP | -12.2% |
| 2012 | 1.45 current LCU per US$ of GDP | -7.2% |
| 2013 | 1.58 current LCU per US$ of GDP | +9.2% |
| 2014 | 1.5 current LCU per US$ of GDP | -4.7% |
| 2015 | 1.51 current LCU per US$ of GDP | +0.3% |
| 2016 | 1.5 current LCU per US$ of GDP | -0.6% |
| 2017 | 1.54 current LCU per US$ of GDP | +2.7% |
| 2018 | 1.58 current LCU per US$ of GDP | +2.4% |
| 2019 | 1.94 current LCU per US$ of GDP | +23.1% |
| 2020 | 1.52 current LCU per US$ of GDP | -21.6% |
| 2021 | 1.46 current LCU per US$ of GDP | -3.9% |
| 2022 | 1.61 current LCU per US$ of GDP | +9.7% |
| 2023 | 1.47 current LCU per US$ of GDP | -8.2% |
| 2024 | 1.45 current LCU per US$ of GDP | -1.5% |
Marshall Islands compared with similar countries
- Marshall Islands's 1.45 current LCU per US$ of GDP is below the median for upper middle income countries, which is 18.88 current LCU per US$ of GDP, 8% of the median. (52 countries reporting)
- Marshall Islands's 1.45 current LCU per US$ of GDP is below the median for East Asia & Pacific, which is 6.99 current LCU per US$ of GDP, 21% of the median. (29 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1.69 current LCU per US$ of GDP | 1.59 current LCU per US$ of GDP | 1.81 current LCU per US$ of GDP | 6 |
| 2010s | 1.59 current LCU per US$ of GDP | 1.45 current LCU per US$ of GDP | 1.94 current LCU per US$ of GDP | 10 |
| 2020s | 1.5 current LCU per US$ of GDP | 1.45 current LCU per US$ of GDP | 1.61 current LCU per US$ of GDP | 5 |
Countries ranked near Marshall Islands
- 140 Azerbaijan 1.59 current LCU per US$ of GDP compare
- 141 Australia 1.54 current LCU per US$ of GDP compare
- 142 Palau 1.48 current LCU per US$ of GDP compare
- 144 Canada 1.41 current LCU per US$ of GDP compare
- 145 Palestine 1.33 current LCU per US$ of GDP compare
- 146 El Salvador 1.24 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)
- 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 gross national expenditure (current lcu), per unit of gdp in Marshall Islands?
- Gross national expenditure (current lcu), per unit of gdp in Marshall Islands was 1.45 current LCU per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest gross national expenditure (current lcu), per unit of gdp recorded in Marshall Islands?
- The highest recorded value was 1.94 current LCU per US$ of GDP in 2019.
- What is the lowest gross national expenditure (current lcu), per unit of gdp recorded in Marshall Islands?
- The lowest recorded value was 1.45 current LCU per US$ of GDP in 2012.
- How does Marshall Islands rank for gross national expenditure (current lcu), per unit of gdp?
- Marshall Islands ranks 143rd out of 186 countries with data for 2024.
- Is gross national expenditure (current lcu), per unit of gdp rising or falling in Marshall Islands?
- Over the last ten years it is down 3.5%. 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 (current LCU), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Gross national expenditure (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross national expenditure (current LCU) ÷ GDP (current US$)
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 (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.