Manufacturing, value added (constant 2015 US$), per unit of GDP in Marshall Islands
Marshall Islands: Manufacturing, value added (constant 2015 US$), per unit of GDP was 0.0117 constant 2015 US$ per US$ of GDP in 2024. ◆ Volatile
Manufacturing, value added (constant 2015 US$), per unit of GDP in Marshall Islands, 1997–2024
Source: Statizoid (derived). Measured in constant 2015 US$ per US$ of GDP.
Analysis
The most recent figure for manufacturing, value added (constant 2015 us$), per unit of gdp in Marshall Islands is 0.0117 constant 2015 US$ per US$ of GDP, measured in 2024.
The figure is down 11.4% on the previous year and down 73.4% over ten years.
Over the whole period, manufacturing, value added (constant 2015 us$), per unit of gdp in Marshall Islands peaked at 0.0633 constant 2015 US$ per US$ of GDP in 2010 and was at its lowest, 0.0029 constant 2015 US$ per US$ of GDP, in 1998.
That places Marshall Islands 177th out of 185 countries with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Manufacturing, value added (constant 2015 US$), per unit of GDP in Marshall Islands, year by year
| Year | constant 2015 US$ per US$ of GDP | Change |
|---|---|---|
| 1997 | 0.0047 constant 2015 US$ per US$ of GDP | — |
| 1998 | 0.0029 constant 2015 US$ per US$ of GDP | -38.3% |
| 1999 | 0.0173 constant 2015 US$ per US$ of GDP | +495.1% |
| 2000 | 0.0231 constant 2015 US$ per US$ of GDP | +33.2% |
| 2001 | 0.0283 constant 2015 US$ per US$ of GDP | +22.9% |
| 2002 | 0.0251 constant 2015 US$ per US$ of GDP | -11.6% |
| 2003 | 0.0368 constant 2015 US$ per US$ of GDP | +46.9% |
| 2004 | 0.0422 constant 2015 US$ per US$ of GDP | +14.6% |
| 2005 | 0.0083 constant 2015 US$ per US$ of GDP | -80.4% |
| 2006 | 0.0194 constant 2015 US$ per US$ of GDP | +135.0% |
| 2007 | 0.0315 constant 2015 US$ per US$ of GDP | +62.1% |
| 2008 | 0.0299 constant 2015 US$ per US$ of GDP | -5.0% |
| 2009 | 0.0481 constant 2015 US$ per US$ of GDP | +60.7% |
| 2010 | 0.0633 constant 2015 US$ per US$ of GDP | +31.5% |
| 2011 | 0.0572 constant 2015 US$ per US$ of GDP | -9.5% |
| 2012 | 0.0361 constant 2015 US$ per US$ of GDP | -36.9% |
| 2013 | 0.0363 constant 2015 US$ per US$ of GDP | +0.4% |
| 2014 | 0.0439 constant 2015 US$ per US$ of GDP | +21.1% |
| 2015 | 0.0317 constant 2015 US$ per US$ of GDP | -27.8% |
| 2016 | 0.0189 constant 2015 US$ per US$ of GDP | -40.4% |
| 2017 | 0.0132 constant 2015 US$ per US$ of GDP | -30.3% |
| 2018 | 0.0177 constant 2015 US$ per US$ of GDP | +34.5% |
| 2019 | 0.0157 constant 2015 US$ per US$ of GDP | -11.2% |
| 2020 | 0.0147 constant 2015 US$ per US$ of GDP | -6.2% |
| 2021 | 0.0115 constant 2015 US$ per US$ of GDP | -22.1% |
| 2022 | 0.0122 constant 2015 US$ per US$ of GDP | +6.1% |
| 2023 | 0.0132 constant 2015 US$ per US$ of GDP | +8.3% |
| 2024 | 0.0117 constant 2015 US$ per US$ of GDP | -11.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.0083 constant 2015 US$ per US$ of GDP | 0.0029 constant 2015 US$ per US$ of GDP | 0.0173 constant 2015 US$ per US$ of GDP | 3 |
| 2000s | 0.0293 constant 2015 US$ per US$ of GDP | 0.0083 constant 2015 US$ per US$ of GDP | 0.0481 constant 2015 US$ per US$ of GDP | 10 |
| 2010s | 0.0334 constant 2015 US$ per US$ of GDP | 0.0132 constant 2015 US$ per US$ of GDP | 0.0633 constant 2015 US$ per US$ of GDP | 10 |
| 2020s | 0.0127 constant 2015 US$ per US$ of GDP | 0.0115 constant 2015 US$ per US$ of GDP | 0.0147 constant 2015 US$ per US$ of GDP | 5 |
Countries ranked near Marshall Islands
- 174 Maldives 0.0146 constant 2015 US$ per US$ of GDP compare
- 175 Papua New Guinea 0.0146 constant 2015 US$ per US$ of GDP compare
- 176 Greenland 0.0143 constant 2015 US$ per US$ of GDP compare
- 178 Palau 0.0091 constant 2015 US$ per US$ of GDP compare
- 179 Hong Kong, China 0.0088 constant 2015 US$ per US$ of GDP compare
- 180 Cayman Islands 0.0057 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)
- Gross fixed capital formation 65.14 million current US$ (2024)
Frequently asked questions
- What is manufacturing, value added (constant 2015 us$), per unit of gdp in Marshall Islands?
- Manufacturing, value added (constant 2015 us$), per unit of gdp in Marshall Islands was 0.0117 constant 2015 US$ per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest manufacturing, value added (constant 2015 us$), per unit of gdp recorded in Marshall Islands?
- The highest recorded value was 0.0633 constant 2015 US$ per US$ of GDP in 2010.
- What is the lowest manufacturing, value added (constant 2015 us$), per unit of gdp recorded in Marshall Islands?
- The lowest recorded value was 0.0029 constant 2015 US$ per US$ of GDP in 1998.
- How does Marshall Islands rank for manufacturing, value added (constant 2015 us$), per unit of gdp?
- Marshall Islands ranks 177th out of 185 countries with data for 2024.
- Is manufacturing, value added (constant 2015 us$), per unit of gdp rising or falling in Marshall Islands?
- Over the last ten years it is down 73.4%. 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 Manufacturing, value added (constant 2015 US$), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Manufacturing, value added (constant 2015 US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Manufacturing, value added (constant 2015 US$) ÷ GDP (current US$)
Computed from
- Manufacturing, value added Country official statistics, National Statistical Offices (NSOs)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Manufacturing, value added (constant 2015 US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.