PPP conversion factor — all countries

PPP conversion factor — Marshall Islands

PPP conversion factor in the Marshall Islands in 2025 — 0.947 per int$. Ranked 139 in the world out of 185. Since 1990, the indicator has risen by 13.2%.

2025 0.947 per int$ +2.78% vs 2024
World rank 139of 185
Period maximum 0.979 per int$2012
Period minimum 0.836 per int$1990

Trend over time

1990–2025 · local units per international $

PPP conversion factor — Marshall Islands, 1990–20250.80.850.90.95119901994199820022006201020142018202220251990: 0.836 per int$1991: 0.85 per int$1992: 0.856 per int$1993: 0.862 per int$1994: 0.866 per int$1995: 0.872 per int$1996: 0.88 per int$1997: 0.916 per int$1998: 0.931 per int$1999: 0.941 per int$2000: 0.91 per int$2001: 0.887 per int$2002: 0.908 per int$2003: 0.899 per int$2004: 0.891 per int$2005: 0.881 per int$2006: 0.886 per int$2007: 0.874 per int$2008: 0.904 per int$2009: 0.893 per int$2010: 0.891 per int$2011: 0.939 per int$2012: 0.979 per int$2013: 0.957 per int$2014: 0.95 per int$2015: 0.913 per int$2016: 0.969 per int$2017: 0.973 per int$2018: 0.929 per int$2019: 0.875 per int$2020: 0.922 per int$2021: 0.933 per int$2022: 0.869 per int$2023: 0.904 per int$2024: 0.921 per int$2025: 0.947 per int$
Change over the period: +0.111 (+13.22%) Average annual rate: 0.36 %
PPP conversion factor — Marshall Islands, by year Marshall Islands All countries CSV XLSX
Year per int$ Change Change, %
2025 0.947 +0.026 +2.78%
2024 0.921 +0.018 +1.97%
2023 0.904 +0.035 +4.01%
2022 0.869 −0.064 −6.89%
2021 0.933 +0.011 +1.14%
2020 0.922 +0.047 +5.37%
2019 0.875 −0.053 −5.71%
2018 0.929 −0.045 −4.59%
2017 0.973 +0.004 +0.46%
2016 0.969 +0.056 +6.16%
2015 0.913 −0.038 −3.96%
2014 0.95 −0.006 −0.67%
2013 0.957 −0.022 −2.29%
2012 0.979 +0.04 +4.3%
2011 0.939 +0.047 +5.32%
2010 0.891 −0.002 −0.26%
2009 0.893 −0.01 −1.12%
2008 0.904 +0.03 +3.39%
2007 0.874 −0.012 −1.31%
2006 0.886 +0.004 +0.49%
2005 0.881 −0.01 −1.09%
2004 0.891 −0.008 −0.9%
2003 0.899 −0.009 −1.01%
2002 0.908 +0.022 +2.43%
2001 0.887 −0.023 −2.51%
2000 0.91 −0.031 −3.31%
1999 0.941 +0.01 +1.08%
1998 0.931 +0.014 +1.54%
1997 0.916 +0.037 +4.16%
1996 0.88 +0.008 +0.95%
1995 0.872 +0.006 +0.7%
1994 0.866 +0.004 +0.48%
1993 0.862 +0.006 +0.65%
1992 0.856 +0.006 +0.72%
1991 0.85 +0.013 +1.61%
1990 0.836

Micronesia, 2025

The same indicator for neighboring countries — with links to their pages

About the indicator

The number of units of national currency that buys the same set of goods and services inside the country as one dollar buys in the United States. Set against the market exchange rate it gives a measure of how far a currency is undervalued or overvalued: if the PPP factor is half the exchange rate, domestic prices are half the American ones, and any income in that country is worth twice what conversion at the exchange rate shows.

Important: There are no aggregates for country groups: the quantity is expressed in different currencies, and averaging it across countries is meaningless. Its ratio to the market exchange rate is the very adjustment from which all PPP indicators follow.

Source: World Development Indicators (World Bank), license CC BY 4.0.