PPP conversion factor, GDP in Marshall Islands
Marshall Islands: PPP conversion factor, GDP was 0.947 LCU per international $ in 2025. ▲ Rising
PPP conversion factor, GDP in Marshall Islands, 1990–2025
Source: International Comparison Program (ICP), World Bank (WB). Measured in LCU per international $.
Analysis
In 2025, ppp conversion factor, gdp in Marshall Islands stood at 0.947 LCU per international $.
That represents a change of up 2.8% on the previous year and up 3.8% over ten years.
Over the whole period, ppp conversion factor, gdp in Marshall Islands peaked at 0.979 LCU per international $ in 2012 and was at its lowest, 0.8364 LCU per international $, in 1990.
That places Marshall Islands 154th out of 205 countries with data for 2025, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 36 years of available data.
PPP conversion factor, GDP in Marshall Islands, year by year
| Year | LCU per international $ | Change |
|---|---|---|
| 1990 | 0.8364 LCU per international $ | — |
| 1991 | 0.8499 LCU per international $ | +1.6% |
| 1992 | 0.856 LCU per international $ | +0.7% |
| 1993 | 0.8615 LCU per international $ | +0.6% |
| 1994 | 0.8656 LCU per international $ | +0.5% |
| 1995 | 0.8717 LCU per international $ | +0.7% |
| 1996 | 0.8799 LCU per international $ | +0.9% |
| 1997 | 0.9165 LCU per international $ | +4.2% |
| 1998 | 0.9306 LCU per international $ | +1.5% |
| 1999 | 0.9407 LCU per international $ | +1.1% |
| 2000 | 0.9096 LCU per international $ | -3.3% |
| 2001 | 0.8867 LCU per international $ | -2.5% |
| 2002 | 0.9083 LCU per international $ | +2.4% |
| 2003 | 0.8991 LCU per international $ | -1.0% |
| 2004 | 0.891 LCU per international $ | -0.9% |
| 2005 | 0.8813 LCU per international $ | -1.1% |
| 2006 | 0.8856 LCU per international $ | +0.5% |
| 2007 | 0.874 LCU per international $ | -1.3% |
| 2008 | 0.9036 LCU per international $ | +3.4% |
| 2009 | 0.8935 LCU per international $ | -1.1% |
| 2010 | 0.8912 LCU per international $ | -0.3% |
| 2011 | 0.9386 LCU per international $ | +5.3% |
| 2012 | 0.979 LCU per international $ | +4.3% |
| 2013 | 0.9565 LCU per international $ | -2.3% |
| 2014 | 0.9501 LCU per international $ | -0.7% |
| 2015 | 0.9125 LCU per international $ | -4.0% |
| 2016 | 0.9688 LCU per international $ | +6.2% |
| 2017 | 0.9732 LCU per international $ | +0.5% |
| 2018 | 0.9285 LCU per international $ | -4.6% |
| 2019 | 0.8755 LCU per international $ | -5.7% |
| 2020 | 0.9225 LCU per international $ | +5.4% |
| 2021 | 0.933 LCU per international $ | +1.1% |
| 2022 | 0.8687 LCU per international $ | -6.9% |
| 2023 | 0.9036 LCU per international $ | +4.0% |
| 2024 | 0.9214 LCU per international $ | +2.0% |
| 2025 | 0.947 LCU per international $ | +2.8% |
Marshall Islands compared with similar countries
- Marshall Islands's 0.947 LCU per international $ is below the median for upper middle income countries, which is 7.46 LCU per international $, 13% of the median. (58 countries reporting)
- Marshall Islands's 0.947 LCU per international $ is below the median for East Asia & Pacific, which is 2.39 LCU per international $, 40% of the median. (31 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.8809 LCU per international $ | 0.8364 LCU per international $ | 0.9407 LCU per international $ | 10 |
| 2000s | 0.8933 LCU per international $ | 0.874 LCU per international $ | 0.9096 LCU per international $ | 10 |
| 2010s | 0.9374 LCU per international $ | 0.8755 LCU per international $ | 0.979 LCU per international $ | 10 |
| 2020s | 0.916 LCU per international $ | 0.8687 LCU per international $ | 0.947 LCU per international $ | 6 |
Countries ranked near Marshall Islands
- 151 Turks and Caicos Islands 0.9868 LCU per international $ compare
- 152 Micronesia (country) 0.9587 LCU per international $ compare
- 153 Bahamas 0.9563 LCU per international $ compare
- 155 Cayman Islands 0.9426 LCU per international $ compare
- 156 Fiji 0.9347 LCU per international $ compare
- 157 Switzerland 0.9307 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, gdp in Marshall Islands?
- Ppp conversion factor, gdp in Marshall Islands was 0.947 LCU per international $ in 2025, according to International Comparison Program (ICP), World Bank (WB).
- What is the highest ppp conversion factor, gdp recorded in Marshall Islands?
- The highest recorded value was 0.979 LCU per international $ in 2012.
- What is the lowest ppp conversion factor, gdp recorded in Marshall Islands?
- The lowest recorded value was 0.8364 LCU per international $ in 1990.
- How does Marshall Islands rank for ppp conversion factor, gdp?
- Marshall Islands ranks 154th out of 205 countries with data for 2025.
- Is ppp conversion factor, gdp rising or falling in Marshall Islands?
- Over the last ten years it is up 3.8%. 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 PPP conversion factor, GDP (LCU per international $). Statizoid updates them automatically from the source API.
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About this data
The purchasing power parity (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 gross domestic product (GDP) and its expenditure components. This conversion factor is for the level of GDP and the base currency is the US dollar.