Households and NPISHs Final consumption expenditure (constant LCU) in Marshall Islands
Marshall Islands: Households and NPISHs Final consumption expenditure (constant LCU) was 4,066 constant LCU per person in 2024. ▲ Rising
Households and NPISHs Final consumption expenditure (constant LCU) in Marshall Islands, 2004–2024
Source: Statizoid (derived). Measured in constant LCU per person.
Analysis
Marshall Islands recorded 4,066 constant LCU per person for households and npishs final consumption expenditure (constant lcu) 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 lcu) in Marshall Islands peaked at 4,182 constant LCU per person in 2022 and was at its lowest, 2,522 constant LCU per person, in 2008.
That places Marshall Islands 163rd out of 179 countries with data for 2024, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 21 years of available data.
Households and NPISHs Final consumption expenditure (constant LCU) in Marshall Islands, year by year
| Year | constant LCU per person | Change |
|---|---|---|
| 2004 | 2,854 constant LCU per person | — |
| 2005 | 2,981 constant LCU per person | +4.4% |
| 2006 | 2,826 constant LCU per person | -5.2% |
| 2007 | 2,922 constant LCU per person | +3.4% |
| 2008 | 2,522 constant LCU per person | -13.7% |
| 2009 | 2,546 constant LCU per person | +0.9% |
| 2010 | 2,550 constant LCU per person | +0.2% |
| 2011 | 2,652 constant LCU per person | +4.0% |
| 2012 | 2,716 constant LCU per person | +2.4% |
| 2013 | 2,954 constant LCU per person | +8.8% |
| 2014 | 2,876 constant LCU per person | -2.6% |
| 2015 | 2,914 constant LCU per person | +1.3% |
| 2016 | 3,083 constant LCU per person | +5.8% |
| 2017 | 3,479 constant LCU per person | +12.8% |
| 2018 | 3,546 constant LCU per person | +1.9% |
| 2019 | 3,882 constant LCU per person | +9.5% |
| 2020 | 3,877 constant LCU per person | -0.1% |
| 2021 | 3,865 constant LCU per person | -0.3% |
| 2022 | 4,182 constant LCU per person | +8.2% |
| 2023 | 3,995 constant LCU per person | -4.5% |
| 2024 | 4,066 constant LCU per person | +1.8% |
Marshall Islands compared with similar countries
- Marshall Islands's 4,066 constant LCU per person is below the median for upper middle income countries, which is 51,673 constant LCU per person, 8% of the median. (49 countries reporting)
- Marshall Islands's 4,066 constant LCU per person is below the median for East Asia & Pacific, which is 37,069 constant LCU per person, 11% of the median. (29 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 2,775 constant LCU per person | 2,522 constant LCU per person | 2,981 constant LCU per person | 6 |
| 2010s | 3,065 constant LCU per person | 2,550 constant LCU per person | 3,882 constant LCU per person | 10 |
| 2020s | 3,997 constant LCU per person | 3,865 constant LCU per person | 4,182 constant LCU per person | 5 |
Countries ranked near Marshall Islands
- 160 Ecuador 4,157 constant LCU per person compare
- 161 Kosovo 4,152 constant LCU per person compare
- 161 Kosovo (UNSCR 1244) 4,152 constant LCU per person compare
- 164 El Salvador 3,733 constant LCU per person compare
- 165 Bahrain 3,659 constant LCU per person compare
- 166 Kiribati 3,473 constant LCU 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)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 13.36 million BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual 46.01 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0469 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 355.78 BoP, current US$ per person (2024)
- General government final consumption expenditure (current US$) 2.99 % change on previous year (2024)
- General government final consumption expenditure (current US$), per 0.5453 current US$ per US$ of GDP (2024)
- General government final consumption expenditure (current US$), per 4,139 current US$ per person (2024)
- General government final consumption expenditure (current LCU) 2.99 % change on previous year (2024)
Frequently asked questions
- What is households and npishs final consumption expenditure (constant lcu) in Marshall Islands?
- Households and npishs final consumption expenditure (constant lcu) in Marshall Islands was 4,066 constant LCU per person in 2024, according to Statizoid (derived).
- What is the highest households and npishs final consumption expenditure (constant lcu) recorded in Marshall Islands?
- The highest recorded value was 4,182 constant LCU per person in 2022.
- What is the lowest households and npishs final consumption expenditure (constant lcu) recorded in Marshall Islands?
- The lowest recorded value was 2,522 constant LCU per person in 2008.
- How does Marshall Islands rank for households and npishs final consumption expenditure (constant lcu)?
- Marshall Islands ranks 163rd out of 179 countries with data for 2024.
- Is households and npishs final consumption expenditure (constant lcu) 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 LCU), per capita. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 21 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Households and NPISHs Final consumption expenditure (constant LCU) 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 LCU) ÷ 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 LCU) divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.