Households and NPISHs Final consumption expenditure (constant 2015) in Marshall Islands
Marshall Islands: Households and NPISHs Final consumption expenditure (constant 2015) was 0.5356 constant 2015 US$ per US$ of GDP in 2024. ▼ Falling
Households and NPISHs Final consumption expenditure (constant 2015) in Marshall Islands, 2004–2024
Source: Statizoid (derived). Measured in constant 2015 US$ per US$ of GDP.
Analysis
Marshall Islands recorded 0.5356 constant 2015 US$ per US$ of GDP for households and npishs final consumption expenditure (constant 2015) in 2024. That is the lowest value across all 21 years on record.
That represents a change of down 8.8% on the previous year and down 30.4% over ten years.
Over the whole period, households and npishs final consumption expenditure (constant 2015) in Marshall Islands peaked at 1.12 constant 2015 US$ per US$ of GDP in 2005 and was at its lowest, 0.5356 constant 2015 US$ per US$ of GDP, in 2024.
That places Marshall Islands 77th out of 172 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently falling 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 US$ of GDP | Change |
|---|---|---|
| 2004 | 1.11 constant 2015 US$ per US$ of GDP | — |
| 2005 | 1.12 constant 2015 US$ per US$ of GDP | +0.8% |
| 2006 | 1.03 constant 2015 US$ per US$ of GDP | -8.5% |
| 2007 | 1.01 constant 2015 US$ per US$ of GDP | -1.5% |
| 2008 | 0.8951 constant 2015 US$ per US$ of GDP | -11.4% |
| 2009 | 0.8758 constant 2015 US$ per US$ of GDP | -2.2% |
| 2010 | 0.8237 constant 2015 US$ per US$ of GDP | -5.9% |
| 2011 | 0.7988 constant 2015 US$ per US$ of GDP | -3.0% |
| 2012 | 0.7727 constant 2015 US$ per US$ of GDP | -3.3% |
| 2013 | 0.8033 constant 2015 US$ per US$ of GDP | +3.9% |
| 2014 | 0.77 constant 2015 US$ per US$ of GDP | -4.1% |
| 2015 | 0.7741 constant 2015 US$ per US$ of GDP | +0.5% |
| 2016 | 0.7289 constant 2015 US$ per US$ of GDP | -5.8% |
| 2017 | 0.7575 constant 2015 US$ per US$ of GDP | +3.9% |
| 2018 | 0.7299 constant 2015 US$ per US$ of GDP | -3.6% |
| 2019 | 0.7335 constant 2015 US$ per US$ of GDP | +0.5% |
| 2020 | 0.6847 constant 2015 US$ per US$ of GDP | -6.6% |
| 2021 | 0.6119 constant 2015 US$ per US$ of GDP | -10.6% |
| 2022 | 0.6478 constant 2015 US$ per US$ of GDP | +5.9% |
| 2023 | 0.5875 constant 2015 US$ per US$ of GDP | -9.3% |
| 2024 | 0.5356 constant 2015 US$ per US$ of GDP | -8.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1.01 constant 2015 US$ per US$ of GDP | 0.8758 constant 2015 US$ per US$ of GDP | 1.12 constant 2015 US$ per US$ of GDP | 6 |
| 2010s | 0.7692 constant 2015 US$ per US$ of GDP | 0.7289 constant 2015 US$ per US$ of GDP | 0.8237 constant 2015 US$ per US$ of GDP | 10 |
| 2020s | 0.6135 constant 2015 US$ per US$ of GDP | 0.5356 constant 2015 US$ per US$ of GDP | 0.6847 constant 2015 US$ per US$ of GDP | 5 |
Countries ranked near Marshall Islands
- 74 Mexico 0.5379 constant 2015 US$ per US$ of GDP compare
- 75 Belize 0.5363 constant 2015 US$ per US$ of GDP compare
- 76 Bangladesh 0.5358 constant 2015 US$ per US$ of GDP compare
- 78 United States of America 0.5343 constant 2015 US$ per US$ of GDP compare
- 79 Bahamas 0.5311 constant 2015 US$ per US$ of GDP compare
- 80 Georgia 0.5279 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)
- 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) 4,066 constant 2015 US$ per person (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 0.5356 constant 2015 US$ per US$ of GDP 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 1.12 constant 2015 US$ per US$ of GDP in 2005.
- What is the lowest households and npishs final consumption expenditure (constant 2015) recorded in Marshall Islands?
- The lowest recorded value was 0.5356 constant 2015 US$ per US$ of GDP in 2024.
- How does Marshall Islands rank for households and npishs final consumption expenditure (constant 2015)?
- Marshall Islands ranks 77th 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 down 30.4%. 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 Households and NPISHs Final consumption expenditure (constant 2015 US$), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Households and NPISHs Final consumption expenditure (constant 2015 US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Households and NPISHs Final consumption expenditure (constant 2015 US$) ÷ GDP (current US$)
Computed from
- Households and NPISHs Final consumption expenditure Country official statistics, National Statistical Organizations and/or Central Banks
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Households and NPISHs Final consumption expenditure (constant 2015 US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.