Marshall Islands, Republic of the vs Palau, Republic of: Industry (including construction), value added
Industry (including construction), value added over time
- Marshall Islands, Republic of the
- Palau, Republic of
How they compare
Marshall Islands, Republic of the currently reports 28.56 million constant LCU against 27.24 million constant LCU in Palau, Republic of, 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, Republic of ahead.
Marshall Islands, Republic of the ranks 197th and Palau, Republic of ranks 198th of 199 countries.
Across the 3 decades both report, Marshall Islands, Republic of the averaged higher in 1 and Palau, Republic of in 2.
Head to head by decade
| Decade | Marshall Islands, Republic of the | Palau, Republic of | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 25.05 million constant LCU | 37.29 million constant LCU | 12.24 million constant LCU | Palau, Republic of |
| 2010s | 23.77 million constant LCU | 22.82 million constant LCU | 945,060 constant LCU | Marshall Islands, Republic of the |
| 2020s | 25.83 million constant LCU | 26.55 million constant LCU | 719,740 constant LCU | Palau, Republic of |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher industry (including construction), value added, Marshall Islands, Republic of the or Palau, Republic of?
- Marshall Islands, Republic of the, at 28.56 million constant LCU against 27.24 million constant LCU in Palau, Republic of as of 2024.
- What is the difference in industry (including construction), value added between Marshall Islands, Republic of the and Palau, Republic of?
- 1.32 million constant LCU, with Marshall Islands, Republic of the ahead.
- How many years of comparable data are there for Marshall Islands, Republic of the and Palau, Republic of?
- 25 years are reported by both, from 2000 to 2024.
- How do Marshall Islands, Republic of the and Palau, Republic of rank globally for industry (including construction), value added?
- Marshall Islands, Republic of the ranks 197th and Palau, Republic of ranks 198th of 199 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.
Individual pages
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.