Industry (including construction), value added (current US$), annual in Marshall Islands

Marshall Islands: Industry (including construction), value added (current US$), annual was 24.04 % change on previous year in 2024. ◆ Volatile

Latest (2024)
24.04 % change on previous year
Change on year
down 0.6%
World rank
13th
of 207 countries
All-time high
49.76 % change on previous year
in 2002
All-time low
-23.43 % change on previous year
in 2015
Years of data
27
1998–2024

Industry (including construction), value added (current US$), annual in Marshall Islands, 1998–2024

-20020401998201120241998: 34.1 % change on previous year1999: 6.8 % change on previous year2000: -6.4 % change on previous year2001: -11.1 % change on previous year2002: 49.8 % change on previous year2003: -21.4 % change on previous year2004: -10.6 % change on previous year2005: -18.1 % change on previous year2006: 45.3 % change on previous year2007: 22.5 % change on previous year2008: -6.5 % change on previous year2009: 10.5 % change on previous year2010: 14.3 % change on previous year2011: -0.987 % change on previous year2012: 3.4 % change on previous year2013: 7.3 % change on previous year2014: 4.7 % change on previous year2015: -23.4 % change on previous year2016: 48.7 % change on previous year2017: -9.9 % change on previous year2018: -3.5 % change on previous year2019: 25.1 % change on previous year2020: -3.9 % change on previous year2021: -9.4 % change on previous year2022: -15.2 % change on previous year2023: 24.2 % change on previous year2024: 24 % change on previous year

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

The most recent figure for industry (including construction), value added (current us$), annual in Marshall Islands is 24.04 % change on previous year, measured in 2024.

The figure is down 0.6% on the previous year and up 407.1% over ten years.

Over the whole period, industry (including construction), value added (current us$), annual in Marshall Islands peaked at 49.76 % change on previous year in 2002 and was at its lowest, -23.43 % change on previous year, in 2015.

That places Marshall Islands 13th out of 207 countries with data for 2024, putting it in the top 10%.

The series is highly variable year to year, so single readings are best treated with caution.

Industry (including construction), value added (current US$), annual in Marshall Islands, year by year

Annual values for Industry (including construction), value added (current US$), annual growth rate in Marshall Islands, 1998 to 2024.
Year % change on previous year Change
1998 34.07 % change on previous year
1999 6.77 % change on previous year -80.1%
2000 -6.41 % change on previous year -194.7%
2001 -11.11 % change on previous year +73.3%
2002 49.76 % change on previous year -548.1%
2003 -21.39 % change on previous year -143.0%
2004 -10.58 % change on previous year -50.5%
2005 -18.11 % change on previous year +71.2%
2006 45.34 % change on previous year -350.3%
2007 22.49 % change on previous year -50.4%
2008 -6.54 % change on previous year -129.1%
2009 10.48 % change on previous year -260.2%
2010 14.32 % change on previous year +36.7%
2011 -0.9874 % change on previous year -106.9%
2012 3.4 % change on previous year -444.7%
2013 7.3 % change on previous year +114.6%
2014 4.74 % change on previous year -35.1%
2015 -23.43 % change on previous year -594.2%
2016 48.72 % change on previous year -308.0%
2017 -9.92 % change on previous year -120.4%
2018 -3.49 % change on previous year -64.8%
2019 25.12 % change on previous year -819.9%
2020 -3.9 % change on previous year -115.5%
2021 -9.36 % change on previous year +140.2%
2022 -15.16 % change on previous year +62.0%
2023 24.19 % change on previous year -259.6%
2024 24.04 % change on previous year -0.6%

Averages by decade

DecadeAverage LowestHighest Years
1990s 20.42 % change on previous year 6.77 % change on previous year 34.07 % change on previous year 2
2000s 5.39 % change on previous year -21.39 % change on previous year 49.76 % change on previous year 10
2010s 6.58 % change on previous year -23.43 % change on previous year 48.72 % change on previous year 10
2020s 3.96 % change on previous year -15.16 % change on previous year 24.19 % change on previous year 5

Countries ranked near Marshall Islands

  1. 10 Tonga 30.22 % change on previous year compare
  2. 11 Haiti 28.68 % change on previous year compare
  3. 12 Aruba 25.46 % change on previous year compare
  4. 14 Monaco 23.73 % change on previous year compare
  5. 15 Uzbekistan 23.18 % change on previous year compare
  6. 16 Kiribati 23.11 % change on previous year compare

See the full ranking of 255 places →

More economy & growth data for Marshall Islands

All data for Marshall Islands →

Frequently asked questions

What is industry (including construction), value added (current us$), annual in Marshall Islands?
Industry (including construction), value added (current us$), annual in Marshall Islands was 24.04 % change on previous year in 2024, according to Statizoid (derived).
What is the highest industry (including construction), value added (current us$), annual recorded in Marshall Islands?
The highest recorded value was 49.76 % change on previous year in 2002.
What is the lowest industry (including construction), value added (current us$), annual recorded in Marshall Islands?
The lowest recorded value was -23.43 % change on previous year in 2015.
How does Marshall Islands rank for industry (including construction), value added (current us$), annual?
Marshall Islands ranks 13th out of 207 countries with data for 2024.
Is industry (including construction), value added (current us$), annual rising or falling in Marshall Islands?
Over the last ten years it is up 407.1%. The long-run trend across the full record is volatile.
Where does this Marshall Islands data come from?
The figures come from Statizoid (derived), published as part of Industry (including construction), value added (current US$), annual growth rate. Statizoid updates them automatically from the source API.

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Industry (including construction), value added (current US$), annual in Marshall Islands. Statizoid, drawing on Statizoid (derived). Retrieved 02 September 2026, from https://economy.statizoid.com/stat/industry-including-construction-value-added-current-us-annual-growth-rate/marshall-islands/

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How this figure is calculated

The year-on-year percentage change in Industry (including construction), value added (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

Computed from

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

Indicator
Industry (including construction), value added (current US$), annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
255 places, 11,028 data points, 1961–2025
Last refreshed

The year-on-year percentage change in Industry (including construction), value added (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.