Industry (including construction), value added (constant 2015 US$) in Marshall Islands
Marshall Islands: Industry (including construction), value added (constant 2015 US$) was 0.1002 constant 2015 US$ per US$ of GDP in 2024. ▼ Falling
Industry (including construction), value added (constant 2015 US$) in Marshall Islands, 1997–2024
Source: Statizoid (derived). Measured in constant 2015 US$ per US$ of GDP.
Analysis
The most recent figure for industry (including construction), value added (constant 2015 us$) in Marshall Islands is 0.1002 constant 2015 US$ per US$ of GDP, measured in 2024.
Compared with earlier readings it is down 3.4% on the previous year and down 22.5% over ten years.
Over the whole period, industry (including construction), value added (constant 2015 us$) in Marshall Islands peaked at 0.2034 constant 2015 US$ per US$ of GDP in 2006 and was at its lowest, 0.0904 constant 2015 US$ per US$ of GDP, in 2021.
Marshall Islands ranks 168th of 195 countries on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 28 years of available data.
Industry (including construction), value added (constant 2015 US$) in Marshall Islands, year by year
| Year | constant 2015 US$ per US$ of GDP | Change |
|---|---|---|
| 1997 | 0.1516 constant 2015 US$ per US$ of GDP | — |
| 1998 | 0.1822 constant 2015 US$ per US$ of GDP | +20.2% |
| 1999 | 0.1901 constant 2015 US$ per US$ of GDP | +4.4% |
| 2000 | 0.1871 constant 2015 US$ per US$ of GDP | -1.6% |
| 2001 | 0.1867 constant 2015 US$ per US$ of GDP | -0.2% |
| 2002 | 0.1898 constant 2015 US$ per US$ of GDP | +1.7% |
| 2003 | 0.1707 constant 2015 US$ per US$ of GDP | -10.1% |
| 2004 | 0.1865 constant 2015 US$ per US$ of GDP | +9.3% |
| 2005 | 0.1623 constant 2015 US$ per US$ of GDP | -13.0% |
| 2006 | 0.2034 constant 2015 US$ per US$ of GDP | +25.4% |
| 2007 | 0.1959 constant 2015 US$ per US$ of GDP | -3.7% |
| 2008 | 0.1707 constant 2015 US$ per US$ of GDP | -12.9% |
| 2009 | 0.1844 constant 2015 US$ per US$ of GDP | +8.0% |
| 2010 | 0.1866 constant 2015 US$ per US$ of GDP | +1.2% |
| 2011 | 0.1696 constant 2015 US$ per US$ of GDP | -9.1% |
| 2012 | 0.1218 constant 2015 US$ per US$ of GDP | -28.2% |
| 2013 | 0.132 constant 2015 US$ per US$ of GDP | +8.4% |
| 2014 | 0.1294 constant 2015 US$ per US$ of GDP | -2.0% |
| 2015 | 0.113 constant 2015 US$ per US$ of GDP | -12.7% |
| 2016 | 0.0995 constant 2015 US$ per US$ of GDP | -12.0% |
| 2017 | 0.0943 constant 2015 US$ per US$ of GDP | -5.2% |
| 2018 | 0.0991 constant 2015 US$ per US$ of GDP | +5.1% |
| 2019 | 0.1073 constant 2015 US$ per US$ of GDP | +8.3% |
| 2020 | 0.0978 constant 2015 US$ per US$ of GDP | -8.8% |
| 2021 | 0.0904 constant 2015 US$ per US$ of GDP | -7.6% |
| 2022 | 0.1001 constant 2015 US$ per US$ of GDP | +10.7% |
| 2023 | 0.1038 constant 2015 US$ per US$ of GDP | +3.7% |
| 2024 | 0.1002 constant 2015 US$ per US$ of GDP | -3.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.1746 constant 2015 US$ per US$ of GDP | 0.1516 constant 2015 US$ per US$ of GDP | 0.1901 constant 2015 US$ per US$ of GDP | 3 |
| 2000s | 0.1838 constant 2015 US$ per US$ of GDP | 0.1623 constant 2015 US$ per US$ of GDP | 0.2034 constant 2015 US$ per US$ of GDP | 10 |
| 2010s | 0.1252 constant 2015 US$ per US$ of GDP | 0.0943 constant 2015 US$ per US$ of GDP | 0.1866 constant 2015 US$ per US$ of GDP | 10 |
| 2020s | 0.0985 constant 2015 US$ per US$ of GDP | 0.0904 constant 2015 US$ per US$ of GDP | 0.1038 constant 2015 US$ per US$ of GDP | 5 |
Countries ranked near Marshall Islands
- 165 Kiribati 0.105 constant 2015 US$ per US$ of GDP compare
- 166 Aruba 0.1014 constant 2015 US$ per US$ of GDP compare
- 167 Barbados 0.1009 constant 2015 US$ per US$ of GDP compare
- 169 Andorra 0.0997 constant 2015 US$ per US$ of GDP compare
- 170 Syria 0.096 constant 2015 US$ per US$ of GDP compare
- 171 Saint Lucia 0.0933 constant 2015 US$ per US$ of GDP compare
More economy & growth data for Marshall Islands
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 0.6305 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 1.5 Percent per annum (2029)
- GDP per capita 6,174 constant 2015 US$ (2025)
- Manufacturing value added to gdp, per capita 0.0001 units per person (2024)
- External balance on goods and services as a percent of GDP -43.8% (2025)
- Manufacturing value added to gdp, per unit of GDP 0 units per US$ of GDP (2024)
- Gdp worldbank constant usd, per capita 6,174 units per person (2025)
- Gdp worldbank constant usd, annual growth rate 2.28 % change on previous year (2025)
- Gdp worldbank constant usd, per unit of GDP 0.7273 units per US$ of GDP (2025)
- Exports of goods and services 36.0% (2025)
Frequently asked questions
- What is industry (including construction), value added (constant 2015 us$) in Marshall Islands?
- Industry (including construction), value added (constant 2015 us$) in Marshall Islands was 0.1002 constant 2015 US$ per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest industry (including construction), value added (constant 2015 us$) recorded in Marshall Islands?
- The highest recorded value was 0.2034 constant 2015 US$ per US$ of GDP in 2006.
- What is the lowest industry (including construction), value added (constant 2015 us$) recorded in Marshall Islands?
- The lowest recorded value was 0.0904 constant 2015 US$ per US$ of GDP in 2021.
- How does Marshall Islands rank for industry (including construction), value added (constant 2015 us$)?
- Marshall Islands ranks 168th out of 195 countries with data for 2024.
- Is industry (including construction), value added (constant 2015 us$) rising or falling in Marshall Islands?
- Over the last ten years it is down 22.5%. The long-run trend across the full record is falling.
- Where does this Marshall Islands data come from?
- The figures come from Statizoid (derived), published as part of Industry (including construction), value added (constant 2015 US$), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Industry (including construction), value added (constant 2015 US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Industry (including construction), value added (constant 2015 US$) ÷ GDP (current US$)
Computed from
- Industry (including construction), value added Country official statistics, National Statistical Offices (NSOs)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Industry (including construction), value added (constant 2015 US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.