Price level ratio of PPP conversion factor (GDP) to market exchange in Marshall Islands

Marshall Islands: Price level ratio of PPP conversion factor (GDP) to market exchange was 0.9108 in 2024. ▲ Rising

Latest (2024)
0.9108
Change on year
up 2.7%
World rank
16th
of 202 countries
All-time high
0.979
in 2012
All-time low
0.8364
in 1990
Years of data
35
1990–2024

Price level ratio of PPP conversion factor (GDP) to market exchange in Marshall Islands, 1990–2024

00.20.40.60.811990200720241990: 0.8361991: 0.851992: 0.8561993: 0.8621994: 0.8661995: 0.8721996: 0.881997: 0.9161998: 0.9311999: 0.9412000: 0.912001: 0.8872002: 0.9082003: 0.8992004: 0.8912005: 0.8812006: 0.8862007: 0.8742008: 0.9042009: 0.8932010: 0.8912011: 0.9392012: 0.9792013: 0.9572014: 0.952015: 0.9132016: 0.9692017: 0.9732018: 0.9282019: 0.8752020: 0.9232021: 0.9332022: 0.8622023: 0.8872024: 0.911

Source: UNESCO Institute for Statistics.

Analysis

In 2024, price level ratio of ppp conversion factor (gdp) to market exchange in Marshall Islands stood at 0.9108.

That represents a change of up 2.7% on the previous year and down 4.1% over ten years.

Over the whole period, price level ratio of ppp conversion factor (gdp) to market exchange in Marshall Islands peaked at 0.979 in 2012 and was at its lowest, 0.8364, in 1990.

That places Marshall Islands 16th out of 202 countries with data for 2024, putting it in the top 10%.

The long-run direction has been consistently rising across the 35 years of available data.

Price level ratio of PPP conversion factor (GDP) to market exchange in Marshall Islands, year by year

Annual values for Price level ratio of PPP conversion factor (GDP) to market exchange rate in Marshall Islands, 1990 to 2024.
Year Value Change
1990 0.8364
1991 0.8498 +1.6%
1992 0.856 +0.7%
1993 0.8615 +0.6%
1994 0.8656 +0.5%
1995 0.8717 +0.7%
1996 0.8799 +0.9%
1997 0.9165 +4.2%
1998 0.9306 +1.5%
1999 0.9407 +1.1%
2000 0.9096 -3.3%
2001 0.8867 -2.5%
2002 0.9083 +2.4%
2003 0.8991 -1.0%
2004 0.891 -0.9%
2005 0.8813 -1.1%
2006 0.8856 +0.5%
2007 0.874 -1.3%
2008 0.9036 +3.4%
2009 0.8935 -1.1%
2010 0.8912 -0.3%
2011 0.9386 +5.3%
2012 0.979 +4.3%
2013 0.9565 -2.3%
2014 0.9501 -0.7%
2015 0.9125 -4.0%
2016 0.9688 +6.2%
2017 0.9732 +0.5%
2018 0.9285 -4.6%
2019 0.8755 -5.7%
2020 0.9226 +5.4%
2021 0.9333 +1.2%
2022 0.8623 -7.6%
2023 0.8866 +2.8%
2024 0.9108 +2.7%

Averages by decade

DecadeAverage LowestHighest Years
1990s 0.8809 0.8364 0.9407 10
2000s 0.8933 0.874 0.9096 10
2010s 0.9374 0.8755 0.979 10
2020s 0.9031 0.8623 0.9333 5

Countries ranked near Marshall Islands

  1. 13 Naoero 0.9368 compare
  2. 14 Faroe Islands 0.9182 compare
  3. 15 Luxembourg 0.9121 compare
  4. 17 Palau 0.9069 compare
  5. 18 Australia 0.9047 compare
  6. 19 Denmark 0.9036 compare

See the full ranking of 202 places →

More population data for Marshall Islands

All data for Marshall Islands →

Frequently asked questions

What is price level ratio of ppp conversion factor (gdp) to market exchange in Marshall Islands?
Price level ratio of ppp conversion factor (gdp) to market exchange in Marshall Islands was 0.9108 in 2024, according to UNESCO Institute for Statistics.
What is the highest price level ratio of ppp conversion factor (gdp) to market exchange recorded in Marshall Islands?
The highest recorded value was 0.979 in 2012.
What is the lowest price level ratio of ppp conversion factor (gdp) to market exchange recorded in Marshall Islands?
The lowest recorded value was 0.8364 in 1990.
How does Marshall Islands rank for price level ratio of ppp conversion factor (gdp) to market exchange?
Marshall Islands ranks 16th out of 202 countries with data for 2024.
Is price level ratio of ppp conversion factor (gdp) to market exchange rising or falling in Marshall Islands?
Over the last ten years it is down 4.1%. The long-run trend across the full record is rising.
Where does this Marshall Islands data come from?
The figures come from UNESCO Institute for Statistics, published as part of Price level ratio of PPP conversion factor (GDP) to market exchange rate. Statizoid updates them automatically from the source API.

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Price level ratio of PPP conversion factor (GDP) to market exchange in Marshall Islands. Statizoid, drawing on UNESCO Institute for Statistics. Retrieved 03 September 2026, from https://population.statizoid.com/stat/price-level-ratio-of-ppp-conversion-factor-gdp-to-market-exchange-rate-2/marshall-islands/

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About this data

Indicator
Price level ratio of PPP conversion factor (GDP) to market exchange rate
Source
UNESCO Institute for Statistics
Licence
CC BY-SA 3.0 IGO (UNESCO Institute for Statistics)
Coverage
202 places, 6,811 data points, 1990–2024
Last refreshed

February 2026 Data Release