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
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 201 countries on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 11 years of available data.
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
- External balance on goods and services as a percent of GDP -43.8% (2025)
- GDP per capita 6,174 constant 2015 US$ (2025)
- Share of manufacturing in gross domestic product (GDP) 3.2% (2024)
- Gross domestic product (GDP) 224.00 million constant 2015 US$ (2025)
- GDP per capita in international and market dollars 6,174 constant 2015 US$ (2025)
- DEC alternative conversion factor 1 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) 124.43 million current LCU (2024)
- Net secondary income (Net current transfers from abroad) 124.43 million current US$ (2024)
- Taxes less subsidies on products 12.05 million current LCU (2024)
- Taxes less subsidies on products 12.05 million current US$ (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 201 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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