PPP conversion factor for private consumption in Marshall Islands
Marshall Islands: PPP conversion factor for private consumption was 0.9521 LCU per international $ in 2021. ▼ Falling
Latest (2021)
0.9521 LCU per international $
Change on year
down 2.3%
World rank
158th
of 204 countries
All-time high
1.11 LCU per international $
in 2013
All-time low
0.9521 LCU per international $
in 2021
Years of data
11
2011–2021
PPP conversion factor for private consumption in Marshall Islands, 2011–2021
Source: ICP, Eurostat PPP Programme, and OECD PPP Programme, via World Bank (2026) – processed by Our World in Data. Measured in LCU per international $.
Analysis
The most recent figure for ppp conversion factor for private consumption in Marshall Islands is 0.9521 LCU per international $, measured in 2021. That is the lowest value across all 11 years on record.
Compared with earlier readings it is down 2.3% on the previous year and down 12.1% over ten years.
Over the whole period, ppp conversion factor for private consumption in Marshall Islands peaked at 1.11 LCU per international $ in 2013 and was at its lowest, 0.9521 LCU per international $, in 2021.
Marshall Islands ranks 158th of 204 countries on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 11 years of available data.
PPP conversion factor for private consumption in Marshall Islands, year by year
| Year | LCU per international $ | Change |
|---|---|---|
| 2011 | 1.08 LCU per international $ | — |
| 2012 | 1.11 LCU per international $ | +2.2% |
| 2013 | 1.11 LCU per international $ | +0.4% |
| 2014 | 1.11 LCU per international $ | -0.5% |
| 2015 | 1.08 LCU per international $ | -2.4% |
| 2016 | 1.05 LCU per international $ | -2.7% |
| 2017 | 1.03 LCU per international $ | -2.0% |
| 2018 | 1.01 LCU per international $ | -1.6% |
| 2019 | 0.9935 LCU per international $ | -1.9% |
| 2020 | 0.9749 LCU per international $ | -1.9% |
| 2021 | 0.9521 LCU per international $ | -2.3% |
Marshall Islands compared with similar countries
- Marshall Islands's 0.9521 LCU per international $ is below the median for upper middle income countries, which is 8.77 LCU per international $, 11% of the median. (57 countries reporting)
- Marshall Islands's 0.9521 LCU per international $ is below the median for East Asia & Pacific, which is 2.32 LCU per international $, 41% of the median. (36 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 1.06 LCU per international $ | 0.9935 LCU per international $ | 1.11 LCU per international $ | 9 |
| 2020s | 0.9635 LCU per international $ | 0.9521 LCU per international $ | 0.9749 LCU per international $ | 2 |
Countries ranked near Marshall Islands
- 155 United States 1 LCU per international $ compare
- 156 Tunisia 0.9803 LCU per international $ compare
- 157 Palau 0.9633 LCU per international $ compare
- 159 Northern Mariana Islands 0.9375 LCU per international $ compare
- 160 Kiribati 0.9344 LCU per international $ compare
- 161 Micronesia (country) 0.9267 LCU per international $ 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 ppp conversion factor for private consumption in Marshall Islands?
- Ppp conversion factor for private consumption in Marshall Islands was 0.9521 LCU per international $ in 2021, according to ICP, Eurostat PPP Programme, and OECD PPP Programme, via World Bank (2026) – processed by Our World in Data.
- What is the highest ppp conversion factor for private consumption recorded in Marshall Islands?
- The highest recorded value was 1.11 LCU per international $ in 2013.
- What is the lowest ppp conversion factor for private consumption recorded in Marshall Islands?
- The lowest recorded value was 0.9521 LCU per international $ in 2021.
- How does Marshall Islands rank for ppp conversion factor for private consumption?
- Marshall Islands ranks 158th out of 204 countries with data for 2021.
- Is ppp conversion factor for private consumption rising or falling in Marshall Islands?
- Over the last ten years it is down 12.1%. The long-run trend across the full record is falling.
- Where does this Marshall Islands data come from?
- The figures come from ICP, Eurostat PPP Programme, and OECD PPP Programme, via World Bank (2026) – processed by Our World in Data, published as part of PPP conversion factor for private consumption. Statizoid updates them automatically from the source API.
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