Marshall Islands vs Palau, Republic of: Manufacturing, value added
Manufacturing, value added over time
- Marshall Islands
- Palau, Republic of
How they compare
Marshall Islands currently reports 3.33 million constant 2015 US$ against 2.94 million constant 2015 US$ in Palau, Republic of, a difference of 393,470 constant 2015 US$.
That makes Marshall Islands's figure about 1.1 times Palau, Republic of's.
The two have swapped places 5 times across 25 shared years of data; in 2000 it was Palau, Republic of ahead.
Marshall Islands ranks 183rd and Palau, Republic of ranks 184th of 185 countries.
Across the 3 decades both report, Marshall Islands averaged higher in 2 and Palau, Republic of in 1.
Head to head by decade
| Decade | Marshall Islands | Palau, Republic of | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 4.02 million constant 2015 US$ | 4.03 million constant 2015 US$ | 5,610 constant 2015 US$ | Palau, Republic of |
| 2010s | 6.15 million constant 2015 US$ | 2.46 million constant 2015 US$ | 3.69 million constant 2015 US$ | Marshall Islands |
| 2020s | 3.31 million constant 2015 US$ | 2.53 million constant 2015 US$ | 777,312 constant 2015 US$ | Marshall Islands |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher manufacturing, value added, Marshall Islands or Palau, Republic of?
- Marshall Islands, at 3.33 million constant 2015 US$ against 2.94 million constant 2015 US$ in Palau, Republic of as of 2024.
- What is the difference in manufacturing, value added between Marshall Islands and Palau, Republic of?
- 393,470 constant 2015 US$, with Marshall Islands ahead.
- How many years of comparable data are there for Marshall Islands and Palau, Republic of?
- 25 years are reported by both, from 2000 to 2024.
- How do Marshall Islands and Palau, Republic of rank globally for manufacturing, value added?
- Marshall Islands ranks 183rd and Palau, Republic of ranks 184th of 185 countries.
- Where does this data come from?
- Country official statistics, National Statistical Offices (NSOs), published as Manufacturing, value added (constant 2015 US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Manufacturing includes industries classified in ISIC (Rev. 3) major division C and is defined as the physical or chemical transformation of materials or components into new products. 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 is 2015. This indicator is expressed in United States dollars.