Marshall Islands, Republic of the vs Palau, Republic of: Manufacturing, value added
Manufacturing, value added over time
- Marshall Islands, Republic of the
- Palau, Republic of
How they compare
Marshall Islands, Republic of the currently reports 3.33 million constant LCU against 3.03 million constant LCU in Palau, Republic of, a difference of 305,300 constant LCU.
That makes Marshall Islands, Republic of the'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, Republic of the ranks 189th and Palau, Republic of ranks 190th of 191 countries.
Across the 3 decades both report, Marshall Islands, Republic of the averaged higher in 2 and Palau, Republic of in 1.
Head to head by decade
| Decade | Marshall Islands, Republic of the | Palau, Republic of | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 4.02 million constant LCU | 4.15 million constant LCU | 126,320 constant LCU | Palau, Republic of |
| 2010s | 6.15 million constant LCU | 2.54 million constant LCU | 3.61 million constant LCU | Marshall Islands, Republic of the |
| 2020s | 3.31 million constant LCU | 2.61 million constant LCU | 701,440 constant LCU | Marshall Islands, Republic of the |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher manufacturing, value added, Marshall Islands, Republic of the or Palau, Republic of?
- Marshall Islands, Republic of the, at 3.33 million constant LCU against 3.03 million constant LCU in Palau, Republic of as of 2024.
- What is the difference in manufacturing, value added between Marshall Islands, Republic of the and Palau, Republic of?
- 305,300 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 manufacturing, value added?
- Marshall Islands, Republic of the ranks 189th and Palau, Republic of ranks 190th of 191 countries.
- Where does this data come from?
- Country official statistics, National Statistical Offices (NSOs), published as Manufacturing, value added (constant LCU). 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 varies by country. This series is expressed in local currency units.