Industry (including construction) … current US rate annual growth in Marshall Islands
Marshall Islands: Industry (including construction) … current US rate annual growth was 24.04 % change on previous year in 2024. ◆ Volatile
Industry (including construction), value added (current US$), annual in Marshall Islands, 1998–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for industry (including construction), value added (current us$), 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) … current US rate annual growth in Marshall Islands, year by year
| 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% |
Marshall Islands compared with similar countries
- Marshall Islands's 24.04 % change on previous year is above the median for upper middle income countries, which is 6.13 % change on previous year, 3.9× the median. (59 countries reporting)
- Marshall Islands's 24.04 % change on previous year is above the median for East Asia & Pacific, which is 5.26 % change on previous year, 4.6× the median. (32 countries reporting)
Biggest year-on-year movements
Years where Industry (including construction) … current US rate annual growth in Marshall Islands changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2019 | +819.9% | -3.49 % change on previous year | 25.12 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | 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
- 10 Tonga 30.22 % change on previous year compare
- 11 Haiti 28.68 % change on previous year compare
- 12 Aruba 25.46 % change on previous year compare
- 14 Monaco 23.73 % change on previous year compare
- 15 Uzbekistan 23.18 % change on previous year compare
- 16 Kiribati 23.11 % change on previous year 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 (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$), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 27 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Industry (including construction), value added (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Industry (including construction), value added Country official statistics, National Statistical Offices (NSOs)
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
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.