Households and NPISHs Final consumption expenditure (constant 2015) in Marshall Islands
Marshall Islands: Households and NPISHs Final consumption expenditure (constant 2015) was 4,066 constant 2015 US$ per person in 2024. ▲ Rising
Households and NPISHs Final consumption expenditure (constant 2015) in Marshall Islands, 2004–2024
Source: Statizoid (derived). Measured in constant 2015 US$ per person.
Analysis
Marshall Islands recorded 4,066 constant 2015 US$ per person for households and npishs final consumption expenditure (constant 2015) in 2024.
Compared with earlier readings it is up 1.8% on the previous year and up 41.4% over ten years.
Over the whole period, households and npishs final consumption expenditure (constant 2015) in Marshall Islands peaked at 4,182 constant 2015 US$ per person in 2022 and was at its lowest, 2,522 constant 2015 US$ per person, in 2008.
That places Marshall Islands 93rd out of 172 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.
Households and NPISHs Final consumption expenditure (constant 2015) in Marshall Islands, year by year
| Year | constant 2015 US$ per person | Change |
|---|---|---|
| 2004 | 2,854 constant 2015 US$ per person | — |
| 2005 | 2,981 constant 2015 US$ per person | +4.4% |
| 2006 | 2,826 constant 2015 US$ per person | -5.2% |
| 2007 | 2,922 constant 2015 US$ per person | +3.4% |
| 2008 | 2,522 constant 2015 US$ per person | -13.7% |
| 2009 | 2,546 constant 2015 US$ per person | +0.9% |
| 2010 | 2,550 constant 2015 US$ per person | +0.2% |
| 2011 | 2,652 constant 2015 US$ per person | +4.0% |
| 2012 | 2,716 constant 2015 US$ per person | +2.4% |
| 2013 | 2,954 constant 2015 US$ per person | +8.8% |
| 2014 | 2,876 constant 2015 US$ per person | -2.6% |
| 2015 | 2,914 constant 2015 US$ per person | +1.3% |
| 2016 | 3,083 constant 2015 US$ per person | +5.8% |
| 2017 | 3,479 constant 2015 US$ per person | +12.8% |
| 2018 | 3,546 constant 2015 US$ per person | +1.9% |
| 2019 | 3,882 constant 2015 US$ per person | +9.5% |
| 2020 | 3,877 constant 2015 US$ per person | -0.1% |
| 2021 | 3,865 constant 2015 US$ per person | -0.3% |
| 2022 | 4,182 constant 2015 US$ per person | +8.2% |
| 2023 | 3,995 constant 2015 US$ per person | -4.5% |
| 2024 | 4,066 constant 2015 US$ per person | +1.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 2,775 constant 2015 US$ per person | 2,522 constant 2015 US$ per person | 2,981 constant 2015 US$ per person | 6 |
| 2010s | 3,065 constant 2015 US$ per person | 2,550 constant 2015 US$ per person | 3,882 constant 2015 US$ per person | 10 |
| 2020s | 3,997 constant 2015 US$ per person | 3,865 constant 2015 US$ per person | 4,182 constant 2015 US$ per person | 5 |
Countries ranked near Marshall Islands
- 90 Guatemala 4,205 constant 2015 US$ per person compare
- 91 Belize 4,119 constant 2015 US$ per person compare
- 92 Armenia 4,095 constant 2015 US$ per person compare
- 94 Thailand 4,026 constant 2015 US$ per person compare
- 95 Ecuador 3,950 constant 2015 US$ per person compare
- 96 South Africa 3,907 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)
- Households and NPISHs Final consumption expenditure (current LCU) 5.78 % change on previous year (2024)
- Households and NPISHs Final consumption expenditure (current LCU) 0.6948 current LCU per US$ of GDP (2024)
- Households and NPISHs Final consumption expenditure (current LCU) 5,274 current LCU per person (2024)
- Households and NPISHs Final consumption expenditure (constant 2015) -1.58 % change on previous year (2024)
- Households and NPISHs Final consumption expenditure (constant 2015) 0.5356 constant 2015 US$ per US$ of GDP (2024)
- Final consumption expenditure (current US$), annual growth rate 4.54 % change on previous year (2024)
- Final consumption expenditure (current US$), per unit of GDP 1.24 current US$ per US$ of GDP (2024)
- Final consumption expenditure (current US$), per capita 9,413 current US$ per person (2024)
Frequently asked questions
- What is households and npishs final consumption expenditure (constant 2015) in Marshall Islands?
- Households and npishs final consumption expenditure (constant 2015) in Marshall Islands was 4,066 constant 2015 US$ per person in 2024, according to Statizoid (derived).
- What is the highest households and npishs final consumption expenditure (constant 2015) recorded in Marshall Islands?
- The highest recorded value was 4,182 constant 2015 US$ per person in 2022.
- What is the lowest households and npishs final consumption expenditure (constant 2015) recorded in Marshall Islands?
- The lowest recorded value was 2,522 constant 2015 US$ per person in 2008.
- How does Marshall Islands rank for households and npishs final consumption expenditure (constant 2015)?
- Marshall Islands ranks 93rd out of 172 countries with data for 2024.
- Is households and npishs final consumption expenditure (constant 2015) rising or falling in Marshall Islands?
- Over the last ten years it is up 41.4%. 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 Households and NPISHs Final consumption expenditure (constant 2015 US$), per capita. Statizoid updates them automatically from the source API.
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How this figure is calculated
Households and NPISHs Final consumption expenditure (constant 2015 US$) divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Households and NPISHs Final consumption expenditure (constant 2015 US$) ÷ Population, total
Computed from
- Households and NPISHs Final consumption expenditure Country official statistics, National Statistical Organizations and/or Central Banks
- Population, total World Population Prospects, United Nations (UN)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Households and NPISHs Final consumption expenditure (constant 2015 US$) divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.