Industry (including construction), value added … unit GDP LCU in Marshall Islands
Marshall Islands: Industry (including construction), value added … unit GDP LCU was 0.1002 constant LCU per US$ of GDP in 2024. ▼ Falling
Industry (including construction), value added (constant LCU), per in Marshall Islands, 1997–2024
Source: Statizoid (derived). Measured in constant LCU per US$ of GDP.
Analysis
In 2024, industry (including construction), value added (constant lcu), per in Marshall Islands stood at 0.1002 constant LCU per US$ of GDP.
That represents a change of down 3.4% on the previous year and down 22.5% over ten years.
Over the whole period, industry (including construction), value added (constant lcu), per in Marshall Islands peaked at 0.2034 constant LCU per US$ of GDP in 2006 and was at its lowest, 0.0904 constant LCU per US$ of GDP, in 2021.
Marshall Islands ranks 181st of 198 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 … unit GDP LCU in Marshall Islands, year by year
| Year | constant LCU per US$ of GDP | Change |
|---|---|---|
| 1997 | 0.1516 constant LCU per US$ of GDP | — |
| 1998 | 0.1822 constant LCU per US$ of GDP | +20.2% |
| 1999 | 0.1901 constant LCU per US$ of GDP | +4.4% |
| 2000 | 0.1871 constant LCU per US$ of GDP | -1.6% |
| 2001 | 0.1867 constant LCU per US$ of GDP | -0.2% |
| 2002 | 0.1898 constant LCU per US$ of GDP | +1.7% |
| 2003 | 0.1707 constant LCU per US$ of GDP | -10.1% |
| 2004 | 0.1865 constant LCU per US$ of GDP | +9.3% |
| 2005 | 0.1623 constant LCU per US$ of GDP | -13.0% |
| 2006 | 0.2034 constant LCU per US$ of GDP | +25.4% |
| 2007 | 0.1959 constant LCU per US$ of GDP | -3.7% |
| 2008 | 0.1707 constant LCU per US$ of GDP | -12.9% |
| 2009 | 0.1844 constant LCU per US$ of GDP | +8.0% |
| 2010 | 0.1866 constant LCU per US$ of GDP | +1.2% |
| 2011 | 0.1696 constant LCU per US$ of GDP | -9.1% |
| 2012 | 0.1218 constant LCU per US$ of GDP | -28.2% |
| 2013 | 0.132 constant LCU per US$ of GDP | +8.4% |
| 2014 | 0.1294 constant LCU per US$ of GDP | -2.0% |
| 2015 | 0.113 constant LCU per US$ of GDP | -12.7% |
| 2016 | 0.0995 constant LCU per US$ of GDP | -12.0% |
| 2017 | 0.0943 constant LCU per US$ of GDP | -5.2% |
| 2018 | 0.0991 constant LCU per US$ of GDP | +5.1% |
| 2019 | 0.1073 constant LCU per US$ of GDP | +8.3% |
| 2020 | 0.0978 constant LCU per US$ of GDP | -8.8% |
| 2021 | 0.0904 constant LCU per US$ of GDP | -7.6% |
| 2022 | 0.1001 constant LCU per US$ of GDP | +10.7% |
| 2023 | 0.1038 constant LCU per US$ of GDP | +3.7% |
| 2024 | 0.1002 constant LCU per US$ of GDP | -3.4% |
Marshall Islands compared with similar countries
- Marshall Islands's 0.1002 constant LCU per US$ of GDP is below the median for upper middle income countries, which is 1.47 constant LCU per US$ of GDP, 7% of the median. (58 countries reporting)
- Marshall Islands's 0.1002 constant LCU per US$ of GDP is below the median for East Asia & Pacific, which is 0.8065 constant LCU per US$ of GDP, 12% of the median. (29 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.1746 constant LCU per US$ of GDP | 0.1516 constant LCU per US$ of GDP | 0.1901 constant LCU per US$ of GDP | 3 |
| 2000s | 0.1838 constant LCU per US$ of GDP | 0.1623 constant LCU per US$ of GDP | 0.2034 constant LCU per US$ of GDP | 10 |
| 2010s | 0.1252 constant LCU per US$ of GDP | 0.0943 constant LCU per US$ of GDP | 0.1866 constant LCU per US$ of GDP | 10 |
| 2020s | 0.0985 constant LCU per US$ of GDP | 0.0904 constant LCU per US$ of GDP | 0.1038 constant LCU per US$ of GDP | 5 |
Countries ranked near Marshall Islands
- 178 Bulgaria 0.1066 constant LCU per US$ of GDP compare
- 179 Sint Maarten (Dutch part) 0.1032 constant LCU per US$ of GDP compare
- 180 Monaco 0.1024 constant LCU per US$ of GDP compare
- 182 Cuba 0.0986 constant LCU per US$ of GDP compare
- 183 United Kingdom 0.0941 constant LCU per US$ of GDP compare
- 184 Bahamas 0.0939 constant LCU 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)
- SDRs holdings, US dollar, annual growth rate 4.97 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0342 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 290.63 units per person (2025)
- SDRs holdings, SDR, annual growth rate -0.0384 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.025 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 212.21 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 5.01 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0202 units per US$ of GDP (2025)
Frequently asked questions
- What is industry (including construction), value added (constant lcu), per in Marshall Islands?
- Industry (including construction), value added (constant lcu), per in Marshall Islands was 0.1002 constant LCU per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest industry (including construction), value added (constant lcu), per recorded in Marshall Islands?
- The highest recorded value was 0.2034 constant LCU per US$ of GDP in 2006.
- What is the lowest industry (including construction), value added (constant lcu), per recorded in Marshall Islands?
- The lowest recorded value was 0.0904 constant LCU per US$ of GDP in 2021.
- How does Marshall Islands rank for industry (including construction), value added (constant lcu), per?
- Marshall Islands ranks 181st out of 198 countries with data for 2024.
- Is industry (including construction), value added (constant lcu), per 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 LCU), per unit of GDP. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 28 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Industry (including construction), value added (constant LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Industry (including construction), value added (constant LCU) ÷ GDP (current US$)
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 LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.