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 204 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.
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
- 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, 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 204 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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CSV · JSON — 36 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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.