Households and NPISHs Final consumption expenditure per capita, PPP in Marshall Islands
Marshall Islands: Households and NPISHs Final consumption expenditure per capita, PPP was 4,576 constant 2021 international $ in 2024. ▲ Rising
Households and NPISHs Final consumption expenditure per capita, PPP in Marshall Islands, 2004–2024
Source: International Comparison Program (ICP), World Bank (WB), note: This information is for PPP conversion factors., publisher: International Comparison Program (ICP), date published: May 30, 2024. Measured in constant 2021 international $.
Analysis
Marshall Islands recorded 4,576 constant 2021 international $ for households and npishs final consumption expenditure per capita, ppp in 2024.
That represents a change of up 1.8% on the previous year and up 41.4% over ten years.
Over the whole period, households and npishs final consumption expenditure per capita, ppp in Marshall Islands peaked at 4,706 constant 2021 international $ in 2022 and was at its lowest, 2,838 constant 2021 international $, in 2008.
Marshall Islands ranks 127th of 170 countries on this measure, 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 per capita, PPP in Marshall Islands, year by year
| Year | constant 2021 international $ | Change |
|---|---|---|
| 2004 | 3,212 constant 2021 international $ | — |
| 2005 | 3,355 constant 2021 international $ | +4.4% |
| 2006 | 3,181 constant 2021 international $ | -5.2% |
| 2007 | 3,289 constant 2021 international $ | +3.4% |
| 2008 | 2,838 constant 2021 international $ | -13.7% |
| 2009 | 2,865 constant 2021 international $ | +0.9% |
| 2010 | 2,870 constant 2021 international $ | +0.2% |
| 2011 | 2,984 constant 2021 international $ | +4.0% |
| 2012 | 3,056 constant 2021 international $ | +2.4% |
| 2013 | 3,325 constant 2021 international $ | +8.8% |
| 2014 | 3,237 constant 2021 international $ | -2.6% |
| 2015 | 3,279 constant 2021 international $ | +1.3% |
| 2016 | 3,470 constant 2021 international $ | +5.8% |
| 2017 | 3,916 constant 2021 international $ | +12.8% |
| 2018 | 3,991 constant 2021 international $ | +1.9% |
| 2019 | 4,369 constant 2021 international $ | +9.5% |
| 2020 | 4,363 constant 2021 international $ | -0.1% |
| 2021 | 4,349 constant 2021 international $ | -0.3% |
| 2022 | 4,706 constant 2021 international $ | +8.2% |
| 2023 | 4,496 constant 2021 international $ | -4.5% |
| 2024 | 4,576 constant 2021 international $ | +1.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 3,123 constant 2021 international $ | 2,838 constant 2021 international $ | 3,355 constant 2021 international $ | 6 |
| 2010s | 3,450 constant 2021 international $ | 2,870 constant 2021 international $ | 4,369 constant 2021 international $ | 10 |
| 2020s | 4,498 constant 2021 international $ | 4,349 constant 2021 international $ | 4,706 constant 2021 international $ | 5 |
Countries ranked near Marshall Islands
- 124 Pakistan 5,081 constant 2021 international $ compare
- 125 Samoa 4,917 constant 2021 international $ compare
- 126 Angola 4,610 constant 2021 international $ compare
- 128 Kenya 4,549 constant 2021 international $ compare
- 129 Côte d'Ivoire 4,353 constant 2021 international $ compare
- 130 Nepal 4,129 constant 2021 international $ compare
More economy & growth data for Marshall Islands
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 1.5 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 0.6305 Percent per annum (2029)
- Gdp worldbank constant usd, annual growth rate 2.28 % change on previous year (2025)
- Manufacturing value added to gdp, per capita 0.0001 units per person (2024)
- Gdp worldbank constant usd, per capita 6,174 units per person (2025)
- Gdp worldbank constant usd, per unit of GDP 0.7273 units per US$ of GDP (2025)
- External balance on goods and services as a percent of GDP -43.8% (2025)
- GDP per capita 6,174 constant 2015 US$ (2025)
- Manufacturing value added to gdp, per unit of GDP 0 units per US$ of GDP (2024)
- Gross fixed capital formation 65.14 million current LCU (2024)
Frequently asked questions
- What is households and npishs final consumption expenditure per capita, ppp in Marshall Islands?
- Households and npishs final consumption expenditure per capita, ppp in Marshall Islands was 4,576 constant 2021 international $ in 2024, according to International Comparison Program (ICP), World Bank (WB), note: This information is for PPP conversion factors., publisher: International Comparison Program (ICP), date published: May 30, 2024.
- What is the highest households and npishs final consumption expenditure per capita, ppp recorded in Marshall Islands?
- The highest recorded value was 4,706 constant 2021 international $ in 2022.
- What is the lowest households and npishs final consumption expenditure per capita, ppp recorded in Marshall Islands?
- The lowest recorded value was 2,838 constant 2021 international $ in 2008.
- How does Marshall Islands rank for households and npishs final consumption expenditure per capita, ppp?
- Marshall Islands ranks 127th out of 170 countries with data for 2024.
- Is households and npishs final consumption expenditure per capita, ppp 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 International Comparison Program (ICP), World Bank (WB), note: This information is for PPP conversion factors., publisher: International Comparison Program (ICP), date published: May 30, 2024, published as part of Households and NPISHs Final consumption expenditure per capita, PPP (constant 2021 international $). Statizoid updates them automatically from the source API.
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About this data
This indicator provides values for final consumption expenditure per person expressed in constant international dollars, converted by purchasing power parities (PPPs). PPPs account for the different price levels across countries and thus PPP-based comparisons of economic output are more appropriate for comparing the output of economies and the average material well-being of their inhabitants than exchange-rate based comparisons. Households and NPISHs final consumption expenditure includes expenditure on goods and services by the Household and NPISH sector for the direct satisfaction of human needs or wants, whether individual or collective. The core indicator has been divided by the general population to achieve a per capita estimate. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2021. The PPP conversion factor is a currency conversion factor and a spatial price deflator. PPPs convert different currencies to a common currency and, in the process of conversion, equalize their purchasing power by eliminating the differences in price levels between countries, thereby allowing volume or output comparisons of GDP and its expenditure components.