Households and NPISHs Final consumption expenditure, PPP in Marshall Islands
Marshall Islands: Households and NPISHs Final consumption expenditure, PPP was 179.92 million current international $ in 2021. ▲ Rising
Households and NPISHs Final consumption expenditure, PPP in Marshall Islands, 2011–2021
Source: International Comparison Program (ICP), World Bank (WB). Measured in current international $.
Analysis
In 2021, households and npishs final consumption expenditure, ppp in Marshall Islands stood at 179.92 million current international $. That is the highest value across all 11 years on record.
Compared with earlier readings it is up 3.4% on the previous year and up 45.7% over ten years.
Over the whole period, households and npishs final consumption expenditure, ppp in Marshall Islands peaked at 179.92 million current international $ in 2021 and was at its lowest, 123.50 million current international $, in 2011.
Marshall Islands ranks 181st of 181 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 11 years of available data.
Households and NPISHs Final consumption expenditure, PPP in Marshall Islands, year by year
| Year | current international $ | Change |
|---|---|---|
| 2011 | 123.50 million current international $ | — |
| 2012 | 125.34 million current international $ | +1.5% |
| 2013 | 132.03 million current international $ | +5.3% |
| 2014 | 129.35 million current international $ | -2.0% |
| 2015 | 131.66 million current international $ | +1.8% |
| 2016 | 139.99 million current international $ | +6.3% |
| 2017 | 157.13 million current international $ | +12.2% |
| 2018 | 163.35 million current international $ | +4.0% |
| 2019 | 175.99 million current international $ | +7.7% |
| 2020 | 174.06 million current international $ | -1.1% |
| 2021 | 179.92 million current international $ | +3.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 142.04 million current international $ | 123.50 million current international $ | 175.99 million current international $ | 9 |
| 2020s | 176.99 million current international $ | 174.06 million current international $ | 179.92 million current international $ | 2 |
Countries ranked near Marshall Islands
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)
- Imports of goods and services 79.9% (2025)
Frequently asked questions
- What is households and npishs final consumption expenditure, ppp in Marshall Islands?
- Households and npishs final consumption expenditure, ppp in Marshall Islands was 179.92 million current international $ in 2021, according to International Comparison Program (ICP), World Bank (WB).
- What is the highest households and npishs final consumption expenditure, ppp recorded in Marshall Islands?
- The highest recorded value was 179.92 million current international $ in 2021.
- What is the lowest households and npishs final consumption expenditure, ppp recorded in Marshall Islands?
- The lowest recorded value was 123.50 million current international $ in 2011.
- How does Marshall Islands rank for households and npishs final consumption expenditure, ppp?
- Marshall Islands ranks 181st out of 181 countries with data for 2021.
- Is households and npishs final consumption expenditure, ppp rising or falling in Marshall Islands?
- Over the last ten years it is up 45.7%. 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), published as part of Households and NPISHs Final consumption expenditure, PPP (current international $). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 11 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
This indicator provides values for final consumption expenditure expressed in current 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. This series has been linked to produce a consistent time series to counteract breaks in series over time due to changes in base years, source data and methodologies. Thus, it may not be comparable with other national accounts series in the database for historical years. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. 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.