Households and NPISHs Final consumption expenditure, PPP (constant) in Marshall Islands
Marshall Islands: Households and NPISHs Final consumption expenditure, PPP (constant) was 0.6028 constant 2021 international $ per US$ of GDP in 2024. ▼ Falling
Households and NPISHs Final consumption expenditure, PPP (constant) in Marshall Islands, 2004–2024
Source: Statizoid (derived). Measured in constant 2021 international $ per US$ of GDP.
Analysis
The most recent figure for households and npishs final consumption expenditure, ppp (constant) in Marshall Islands is 0.6028 constant 2021 international $ per US$ of GDP, measured 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, ppp (constant) in Marshall Islands peaked at 1.26 constant 2021 international $ per US$ of GDP in 2005 and was at its lowest, 0.6028 constant 2021 international $ per US$ of GDP, in 2024.
Marshall Islands ranks 139th of 170 countries on this measure, 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, PPP (constant) in Marshall Islands, year by year
| Year | constant 2021 international $ per US$ of GDP | Change |
|---|---|---|
| 2004 | 1.25 constant 2021 international $ per US$ of GDP | — |
| 2005 | 1.26 constant 2021 international $ per US$ of GDP | +0.8% |
| 2006 | 1.15 constant 2021 international $ per US$ of GDP | -8.5% |
| 2007 | 1.14 constant 2021 international $ per US$ of GDP | -1.5% |
| 2008 | 1.01 constant 2021 international $ per US$ of GDP | -11.4% |
| 2009 | 0.9857 constant 2021 international $ per US$ of GDP | -2.2% |
| 2010 | 0.9271 constant 2021 international $ per US$ of GDP | -5.9% |
| 2011 | 0.899 constant 2021 international $ per US$ of GDP | -3.0% |
| 2012 | 0.8697 constant 2021 international $ per US$ of GDP | -3.3% |
| 2013 | 0.904 constant 2021 international $ per US$ of GDP | +3.9% |
| 2014 | 0.8666 constant 2021 international $ per US$ of GDP | -4.1% |
| 2015 | 0.8711 constant 2021 international $ per US$ of GDP | +0.5% |
| 2016 | 0.8203 constant 2021 international $ per US$ of GDP | -5.8% |
| 2017 | 0.8526 constant 2021 international $ per US$ of GDP | +3.9% |
| 2018 | 0.8215 constant 2021 international $ per US$ of GDP | -3.6% |
| 2019 | 0.8255 constant 2021 international $ per US$ of GDP | +0.5% |
| 2020 | 0.7706 constant 2021 international $ per US$ of GDP | -6.6% |
| 2021 | 0.6887 constant 2021 international $ per US$ of GDP | -10.6% |
| 2022 | 0.729 constant 2021 international $ per US$ of GDP | +5.9% |
| 2023 | 0.6612 constant 2021 international $ per US$ of GDP | -9.3% |
| 2024 | 0.6028 constant 2021 international $ per US$ of GDP | -8.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1.13 constant 2021 international $ per US$ of GDP | 0.9857 constant 2021 international $ per US$ of GDP | 1.26 constant 2021 international $ per US$ of GDP | 6 |
| 2010s | 0.8657 constant 2021 international $ per US$ of GDP | 0.8203 constant 2021 international $ per US$ of GDP | 0.9271 constant 2021 international $ per US$ of GDP | 10 |
| 2020s | 0.6905 constant 2021 international $ per US$ of GDP | 0.6028 constant 2021 international $ per US$ of GDP | 0.7706 constant 2021 international $ per US$ of GDP | 5 |
Countries ranked near Marshall Islands
- 136 Gabon 0.6256 constant 2021 international $ per US$ of GDP compare
- 137 United States Virgin Islands 0.6191 constant 2021 international $ per US$ of GDP compare
- 138 Slovenia 0.6147 constant 2021 international $ per US$ of GDP compare
- 140 Kuwait 0.5998 constant 2021 international $ per US$ of GDP compare
- 141 United States 0.5984 constant 2021 international $ per US$ of GDP compare
- 142 United Arab Emirates 0.5956 constant 2021 international $ 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, ppp (constant) in Marshall Islands?
- Households and npishs final consumption expenditure, ppp (constant) in Marshall Islands was 0.6028 constant 2021 international $ per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest households and npishs final consumption expenditure, ppp (constant) recorded in Marshall Islands?
- The highest recorded value was 1.26 constant 2021 international $ per US$ of GDP in 2005.
- What is the lowest households and npishs final consumption expenditure, ppp (constant) recorded in Marshall Islands?
- The lowest recorded value was 0.6028 constant 2021 international $ per US$ of GDP in 2024.
- How does Marshall Islands rank for households and npishs final consumption expenditure, ppp (constant)?
- Marshall Islands ranks 139th out of 170 countries with data for 2024.
- Is households and npishs final consumption expenditure, ppp (constant) 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, PPP (constant 2021 international $), 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, PPP (constant 2021 international $) divided by GDP (current US$), 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, PPP (constant 2021 international $) ÷ GDP (current US$)
Computed from
- Households and NPISHs Final consumption expenditure, PPP International Comparison Program (ICP), World Bank (WB)
- 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, PPP (constant 2021 international $) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.