Marshall Islands vs Palau: Industry (including construction), value added (constant LCU)
Industry (including construction), value added (constant LCU) over time
- Marshall Islands
- Palau
How they compare
Marshall Islands currently reports 28.56 million constant LCU against 27.24 million constant LCU in Palau, a difference of 1.32 million constant LCU.
The two have swapped places 3 times across 25 shared years of data; in 2000 it was Palau ahead.
Marshall Islands ranks 198th and Palau ranks 199th of 200 countries.
Across the 3 decades both report, Marshall Islands averaged higher in 1 and Palau in 2.
Head to head by decade
| Decade | Marshall Islands | Palau | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 25.05 million constant LCU | 37.29 million constant LCU | 12.24 million constant LCU | Palau |
| 2010s | 23.77 million constant LCU | 22.82 million constant LCU | 945,060 constant LCU | Marshall Islands |
| 2020s | 25.83 million constant LCU | 26.55 million constant LCU | 719,740 constant LCU | Palau |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher industry (including construction), value added, Marshall Islands or Palau?
- Marshall Islands, at 28.56 million constant LCU against 27.24 million constant LCU in Palau as of 2024.
- What is the difference in industry (including construction), value added between Marshall Islands and Palau?
- 1.32 million constant LCU, with Marshall Islands ahead.
- How many years of comparable data are there for Marshall Islands and Palau?
- 25 years are reported by both, from 2000 to 2024.
- How do Marshall Islands and Palau rank globally for industry (including construction), value added?
- Marshall Islands ranks 198th and Palau ranks 199th of 200 countries.
- Where does this data come from?
- Country official statistics, National Statistical Offices (NSOs), published as Industry (including construction), value added (constant LCU). Statizoid refreshes it automatically from the source and publishes the full history for both places.
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About this data
Industry (including construction) corresponds to ISIC (Rev.4) divisions 05-43. It is comprised of mining, manufacturing, construction, electricity, water, and gas industries. Value added is the contribution to the economy by a producer or an industry or an institutional sector, which is estimated by the total value of output produced and deducting the total value of intermediate consumption of goods and services used to produce that output. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment varies by country. This series is expressed in local currency units.