PPP conversion factor, households and NPISHs Final consumption in Marshall Islands
Marshall Islands: PPP conversion factor, households and NPISHs Final consumption was 0.9521 LCU per international $ in 2021. ▼ Falling
PPP conversion factor, households and NPISHs Final consumption in Marshall Islands, 2011–2021
Source: International Comparison Program (ICP), World Bank (WB). Measured in LCU per international $.
Analysis
In 2021, ppp conversion factor, households and npishs final consumption in Marshall Islands stood at 0.9521 LCU per international $. That is the lowest value across all 11 years on record.
That represents a change of down 2.3% on the previous year and down 12.1% over ten years.
Over the whole period, ppp conversion factor, households and npishs final 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.
That places Marshall Islands 158th out of 205 countries with data for 2021, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 11 years of available data.
PPP conversion factor, households and NPISHs Final 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% |
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 of America 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, Federated States of 0.9267 LCU per international $ compare
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)
- Taxes less subsidies on products (current LCU), per unit of GDP 0.0423 current LCU per US$ of GDP (2024)
- Gdp worldbank constant usd, annual growth rate 2.28 % change on previous year (2025)
- Gdp worldbank constant usd, per unit of GDP 0.7273 units per US$ of GDP (2025)
- Gdp worldbank constant usd, per capita 6,174 units per person (2025)
- Manufacturing value added to gdp, per unit of GDP 0 units per US$ of GDP (2024)
- Manufacturing value added to gdp, per capita 0.0001 units per person (2024)
- External balance on goods and services as a percent of gdp -43.83 (2025)
- Taxes less subsidies on products (current LCU), per capita 321 current LCU per person (2024)
Frequently asked questions
- What is ppp conversion factor, households and npishs final consumption in Marshall Islands?
- Ppp conversion factor, households and npishs final consumption in Marshall Islands was 0.9521 LCU per international $ in 2021, according to International Comparison Program (ICP), World Bank (WB).
- What is the highest ppp conversion factor, households and npishs final consumption recorded in Marshall Islands?
- The highest recorded value was 1.11 LCU per international $ in 2013.
- What is the lowest ppp conversion factor, households and npishs final 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, households and npishs final consumption?
- Marshall Islands ranks 158th out of 205 countries with data for 2021.
- Is ppp conversion factor, households and npishs final 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 International Comparison Program (ICP), World Bank (WB), published as part of PPP conversion factor, households and NPISHs Final consumption expenditure (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. They 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 households and NPISHs Final consumption expenditure and the base currency is the US dollar.