Households and NPISHs Final consumption expenditure (constant LCU) in Marshall Islands
Marshall Islands: Households and NPISHs Final consumption expenditure (constant LCU) was 0.5356 constant LCU per US$ of GDP in 2024. ▼ Falling
Households and NPISHs Final consumption expenditure (constant LCU) in Marshall Islands, 2004–2024
Source: Statizoid (derived). Measured in constant LCU per US$ of GDP.
Analysis
Marshall Islands recorded 0.5356 constant LCU per US$ of GDP for households and npishs final consumption expenditure (constant lcu) in 2024. That is the lowest value across all 21 years on record.
Compared with earlier readings it is 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 lcu) in Marshall Islands peaked at 1.12 constant LCU per US$ of GDP in 2005 and was at its lowest, 0.5356 constant LCU per US$ of GDP, in 2024.
That places Marshall Islands 138th out of 179 countries with data for 2024, putting it in the bottom quarter.
The long-run direction has been consistently falling 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 US$ of GDP | Change |
|---|---|---|
| 2004 | 1.11 constant LCU per US$ of GDP | — |
| 2005 | 1.12 constant LCU per US$ of GDP | +0.8% |
| 2006 | 1.03 constant LCU per US$ of GDP | -8.5% |
| 2007 | 1.01 constant LCU per US$ of GDP | -1.5% |
| 2008 | 0.8951 constant LCU per US$ of GDP | -11.4% |
| 2009 | 0.8758 constant LCU per US$ of GDP | -2.2% |
| 2010 | 0.8237 constant LCU per US$ of GDP | -5.9% |
| 2011 | 0.7988 constant LCU per US$ of GDP | -3.0% |
| 2012 | 0.7727 constant LCU per US$ of GDP | -3.3% |
| 2013 | 0.8033 constant LCU per US$ of GDP | +3.9% |
| 2014 | 0.77 constant LCU per US$ of GDP | -4.1% |
| 2015 | 0.7741 constant LCU per US$ of GDP | +0.5% |
| 2016 | 0.7289 constant LCU per US$ of GDP | -5.8% |
| 2017 | 0.7575 constant LCU per US$ of GDP | +3.9% |
| 2018 | 0.7299 constant LCU per US$ of GDP | -3.6% |
| 2019 | 0.7335 constant LCU per US$ of GDP | +0.5% |
| 2020 | 0.6847 constant LCU per US$ of GDP | -6.6% |
| 2021 | 0.6119 constant LCU per US$ of GDP | -10.6% |
| 2022 | 0.6478 constant LCU per US$ of GDP | +5.9% |
| 2023 | 0.5875 constant LCU per US$ of GDP | -9.3% |
| 2024 | 0.5356 constant LCU per US$ of GDP | -8.8% |
Marshall Islands compared with similar countries
- Marshall Islands's 0.5356 constant LCU per US$ of GDP is below the median for upper middle income countries, which is 7.55 constant LCU per US$ of GDP, 7% of the median. (49 countries reporting)
- Marshall Islands's 0.5356 constant LCU per US$ of GDP is below the median for East Asia & Pacific, which is 2.23 constant LCU per US$ of GDP, 24% of the median. (29 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1.01 constant LCU per US$ of GDP | 0.8758 constant LCU per US$ of GDP | 1.12 constant LCU per US$ of GDP | 6 |
| 2010s | 0.7692 constant LCU per US$ of GDP | 0.7289 constant LCU per US$ of GDP | 0.8237 constant LCU per US$ of GDP | 10 |
| 2020s | 0.6135 constant LCU per US$ of GDP | 0.5356 constant LCU per US$ of GDP | 0.6847 constant LCU per US$ of GDP | 5 |
Countries ranked near Marshall Islands
- 135 United States 0.5748 constant LCU per US$ of GDP compare
- 136 American Samoa 0.5718 constant LCU per US$ of GDP compare
- 137 Bahamas 0.5478 constant LCU per US$ of GDP compare
- 139 Libya 0.5345 constant LCU per US$ of GDP compare
- 140 United States Virgin Islands 0.5276 constant LCU per US$ of GDP compare
- 141 Kosovo 0.5256 constant LCU per US$ of GDP compare
- 141 Kosovo (UNSCR 1244) 0.5256 constant 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)
- 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 0.5356 constant LCU per US$ of GDP 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 1.12 constant LCU per US$ of GDP in 2005.
- What is the lowest households and npishs final consumption expenditure (constant lcu) recorded in Marshall Islands?
- The lowest recorded value was 0.5356 constant LCU per US$ of GDP in 2024.
- How does Marshall Islands rank for households and npishs final consumption expenditure (constant lcu)?
- Marshall Islands ranks 138th 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 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 LCU), per unit of GDP. 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 GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Households and NPISHs Final consumption expenditure (constant LCU) ÷ GDP (current US$)
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 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.