Manufacturing, value added in Marshall Islands
Marshall Islands: Manufacturing, value added was -4.3% in 2024. ◆ Volatile
Manufacturing, value added in Marshall Islands, 1998–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in annual % growth.
Analysis
Marshall Islands recorded -4.3% for manufacturing, value added in 2024.
Compared with earlier readings it is down 141.1% on the previous year and down 120.6% over ten years.
Over the whole period, manufacturing, value added in Marshall Islands peaked at 501.9% in 1999 and was at its lowest, -79.6%, in 2005.
Marshall Islands ranks 173rd of 190 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Manufacturing, value added in Marshall Islands, year by year
| Year | annual % growth | Change |
|---|---|---|
| 1998 | -37.1% | — |
| 1999 | 501.9% | -1452.8% |
| 2000 | 35.0% | -93.0% |
| 2001 | 30.9% | -11.5% |
| 2002 | -4.7% | -115.0% |
| 2003 | 46.0% | -1088.0% |
| 2004 | 16.2% | -64.8% |
| 2005 | -79.6% | -592.5% |
| 2006 | 143.9% | -280.6% |
| 2007 | 70.4% | -51.1% |
| 2008 | -7.5% | -110.7% |
| 2009 | 65.8% | -976.9% |
| 2010 | 40.1% | -39.1% |
| 2011 | -3.2% | -108.1% |
| 2012 | -33.8% | +940.2% |
| 2013 | 3.6% | -110.5% |
| 2014 | 20.9% | +485.3% |
| 2015 | -28.7% | -237.7% |
| 2016 | -34.6% | +20.5% |
| 2017 | -26.2% | -24.4% |
| 2018 | 38.4% | -247.0% |
| 2019 | -6.0% | -115.6% |
| 2020 | -2.6% | -55.9% |
| 2021 | -15.9% | +500.2% |
| 2022 | 5.1% | -132.1% |
| 2023 | 10.5% | +105.8% |
| 2024 | -4.3% | -141.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 232.4% | -37.1% | 501.9% | 2 |
| 2000s | 31.6% | -79.6% | 143.9% | 10 |
| 2010s | -3.0% | -34.6% | 40.1% | 10 |
| 2020s | -1.4% | -15.9% | 10.5% | 5 |
Countries ranked near Marshall Islands
- 170 Cayman Islands -3.4% compare
- 171 Iceland -3.5% compare
- 172 Mozambique -3.8% compare
- 174 Haiti -4.3% compare
- 175 Andorra -4.5% compare
- 176 Micronesia, Federated States of -5.0% 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)
- Taxes less subsidies on products (current LCU), per unit of GDP 0.0423 current LCU per US$ of GDP (2024)
- 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)
- Gdp worldbank constant usd, per capita 6,174 units per person (2025)
- Manufacturing value added to gdp, per unit of GDP 0 units per US$ of GDP (2024)
- Manufacturing value added to gdp, per capita 0.0001 units per person (2024)
- External balance on goods and services as a percent of gdp -43.83 (2025)
- Taxes less subsidies on products (current LCU), per capita 321 current LCU per person (2024)
Frequently asked questions
- What is manufacturing, value added in Marshall Islands?
- Manufacturing, value added in Marshall Islands was -4.3% in 2024, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest manufacturing, value added recorded in Marshall Islands?
- The highest recorded value was 501.9% in 1999.
- What is the lowest manufacturing, value added recorded in Marshall Islands?
- The lowest recorded value was -79.6% in 2005.
- How does Marshall Islands rank for manufacturing, value added?
- Marshall Islands ranks 173rd out of 190 countries with data for 2024.
- Is manufacturing, value added rising or falling in Marshall Islands?
- Over the last ten years it is down 120.6%. The long-run trend across the full record is volatile.
- Where does this Marshall Islands data come from?
- The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Manufacturing, value added (annual % growth). Statizoid updates them automatically from the source API.
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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 denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.