Price level index in Marshall Islands
Marshall Islands: Price level index was 95.21 Households and NPISHs Final consumption expenditure in 2021. ▼ Falling
Price level index in Marshall Islands, 2011–2021
Source: World Development Indicators, World Bank (WB). Measured in Households and NPISHs Final consumption expenditure.
Analysis
Marshall Islands recorded 95.21 Households and NPISHs Final consumption expenditure for price level index in 2021. That is the lowest value across all 11 years on record.
The figure is down 2.3% on the previous year and down 12.1% over ten years.
Over the whole period, price level index in Marshall Islands peaked at 111.17 Households and NPISHs Final consumption expenditure in 2013 and was at its lowest, 95.21 Households and NPISHs Final consumption expenditure, in 2021.
Marshall Islands ranks 21st of 205 countries on this measure, in the top 10%.
The long-run direction has been consistently falling across the 11 years of available data.
Price level index in Marshall Islands, year by year
| Year | Households and NPISHs Final consumption expenditure | Change |
|---|---|---|
| 2011 | 108.34 Households and NPISHs Final consumption expenditure | — |
| 2012 | 110.75 Households and NPISHs Final consumption expenditure | +2.2% |
| 2013 | 111.17 Households and NPISHs Final consumption expenditure | +0.4% |
| 2014 | 110.6 Households and NPISHs Final consumption expenditure | -0.5% |
| 2015 | 108 Households and NPISHs Final consumption expenditure | -2.4% |
| 2016 | 105.05 Households and NPISHs Final consumption expenditure | -2.7% |
| 2017 | 102.91 Households and NPISHs Final consumption expenditure | -2.0% |
| 2018 | 101.26 Households and NPISHs Final consumption expenditure | -1.6% |
| 2019 | 99.35 Households and NPISHs Final consumption expenditure | -1.9% |
| 2020 | 97.49 Households and NPISHs Final consumption expenditure | -1.9% |
| 2021 | 95.21 Households and NPISHs Final consumption expenditure | -2.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 106.38 Households and NPISHs Final consumption expenditure | 99.35 Households and NPISHs Final consumption expenditure | 111.17 Households and NPISHs Final consumption expenditure | 9 |
| 2020s | 96.35 Households and NPISHs Final consumption expenditure | 95.21 Households and NPISHs Final consumption expenditure | 97.49 Households and NPISHs Final consumption expenditure | 2 |
Countries ranked near Marshall Islands
- 18 Tuvalu 97.23 Households and NPISHs Final consumption expenditure compare
- 19 Palau 96.33 Households and NPISHs Final consumption expenditure compare
- 20 Norway 96.21 Households and NPISHs Final consumption expenditure compare
- 22 Australia 94.79 Households and NPISHs Final consumption expenditure compare
- 23 Northern Mariana Islands 93.75 Households and NPISHs Final consumption expenditure compare
- 24 Micronesia, Federated States of 92.67 Households and NPISHs Final consumption expenditure 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)
- External balance on goods and services as a percent of GDP -43.8% (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)
- Gdp worldbank constant usd, annual growth rate 2.28 % change on previous year (2025)
- Gdp worldbank constant usd, per capita 6,174 units per person (2025)
- Gdp worldbank constant usd, per unit of GDP 0.7273 units per US$ of GDP (2025)
- GDP per capita 6,174 constant 2015 US$ (2025)
- Gross fixed capital formation 65.14 million current US$ (2024)
Frequently asked questions
- What is price level index in Marshall Islands?
- Price level index in Marshall Islands was 95.21 Households and NPISHs Final consumption expenditure in 2021, according to World Development Indicators, World Bank (WB).
- What is the highest price level index recorded in Marshall Islands?
- The highest recorded value was 111.17 Households and NPISHs Final consumption expenditure in 2013.
- What is the lowest price level index recorded in Marshall Islands?
- The lowest recorded value was 95.21 Households and NPISHs Final consumption expenditure in 2021.
- How does Marshall Islands rank for price level index?
- Marshall Islands ranks 21st out of 205 countries with data for 2021.
- Is price level index 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 World Development Indicators, World Bank (WB), published as part of Price level index (Households and NPISHs Final consumption expenditure). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 11 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
The price level index (PLI) is the ratio of a purchasing power parity (PPP) conversion factor to the corresponding market exchange rate between two countries, expressed relative to a base country that is set equal to 100. For this series the base country is the United States. It provides a measure of the differences in price level between the country and the United States by indicating the number of units of the common currency (US dollars) needed to buy the same volume of the aggregation level in each country. This indicator provides a measure of the differences in the price levels of countries at the level of Households and NPISHs final consumption expenditure.