Manufacturing, value added (constant LCU), annual growth rate in Marshall Islands
Marshall Islands: Manufacturing, value added (constant LCU), annual growth rate was -4.3 % change on previous year in 2024. ◆ Volatile
Manufacturing, value added (constant LCU), annual growth rate in Marshall Islands, 1998–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Marshall Islands recorded -4.3 % change on previous year for manufacturing, value added (constant lcu), annual growth rate in 2024.
That represents a change of down 141.1% on the previous year and down 120.6% over ten years.
Over the whole period, manufacturing, value added (constant lcu), annual growth rate in Marshall Islands peaked at 501.87 % change on previous year in 1999 and was at its lowest, -79.65 % change on previous year, in 2005.
That places Marshall Islands 173rd out of 190 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 LCU), annual growth rate in Marshall Islands, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1998 | -37.1 % change on previous year | — |
| 1999 | 501.87 % change on previous year | -1452.8% |
| 2000 | 34.95 % change on previous year | -93.0% |
| 2001 | 30.95 % change on previous year | -11.5% |
| 2002 | -4.65 % change on previous year | -115.0% |
| 2003 | 45.96 % change on previous year | -1088.0% |
| 2004 | 16.17 % change on previous year | -64.8% |
| 2005 | -79.65 % change on previous year | -592.5% |
| 2006 | 143.86 % change on previous year | -280.6% |
| 2007 | 70.38 % change on previous year | -51.1% |
| 2008 | -7.5 % change on previous year | -110.7% |
| 2009 | 65.79 % change on previous year | -976.9% |
| 2010 | 40.07 % change on previous year | -39.1% |
| 2011 | -3.25 % change on previous year | -108.1% |
| 2012 | -33.78 % change on previous year | +940.2% |
| 2013 | 3.56 % change on previous year | -110.5% |
| 2014 | 20.85 % change on previous year | +485.3% |
| 2015 | -28.71 % change on previous year | -237.7% |
| 2016 | -34.58 % change on previous year | +20.5% |
| 2017 | -26.16 % change on previous year | -24.4% |
| 2018 | 38.45 % change on previous year | -247.0% |
| 2019 | -6 % change on previous year | -115.6% |
| 2020 | -2.64 % change on previous year | -55.9% |
| 2021 | -15.86 % change on previous year | +500.2% |
| 2022 | 5.09 % change on previous year | -132.1% |
| 2023 | 10.48 % change on previous year | +105.8% |
| 2024 | -4.3 % change on previous year | -141.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 232.39 % change on previous year | -37.1 % change on previous year | 501.87 % change on previous year | 2 |
| 2000s | 31.63 % change on previous year | -79.65 % change on previous year | 143.86 % change on previous year | 10 |
| 2010s | -2.95 % change on previous year | -34.58 % change on previous year | 40.07 % change on previous year | 10 |
| 2020s | -1.45 % change on previous year | -15.86 % change on previous year | 10.48 % change on previous year | 5 |
Countries ranked near Marshall Islands
- 170 Cayman Islands -3.4 % change on previous year compare
- 171 Iceland -3.49 % change on previous year compare
- 172 Mozambique -3.82 % change on previous year compare
- 174 Haiti -4.35 % change on previous year compare
- 175 Andorra -4.47 % change on previous year compare
- 176 Micronesia, Federated States of -5.01 % 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)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 13.36 million BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual 46.01 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0469 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 355.78 BoP, current US$ per person (2024)
- General government final consumption expenditure (current US$) 2.99 % change on previous year (2024)
- General government final consumption expenditure (current US$), per 0.5453 current US$ per US$ of GDP (2024)
- General government final consumption expenditure (current US$), per 4,139 current US$ per person (2024)
- General government final consumption expenditure (current LCU) 2.99 % change on previous year (2024)
Frequently asked questions
- What is manufacturing, value added (constant lcu), annual growth rate in Marshall Islands?
- Manufacturing, value added (constant lcu), annual growth rate in Marshall Islands was -4.3 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest manufacturing, value added (constant lcu), annual growth rate recorded in Marshall Islands?
- The highest recorded value was 501.87 % change on previous year in 1999.
- What is the lowest manufacturing, value added (constant lcu), annual growth rate recorded in Marshall Islands?
- The lowest recorded value was -79.65 % change on previous year in 2005.
- How does Marshall Islands rank for manufacturing, value added (constant lcu), annual growth rate?
- Marshall Islands ranks 173rd out of 190 countries with data for 2024.
- Is manufacturing, value added (constant lcu), annual growth rate 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 Statizoid (derived), published as part of Manufacturing, value added (constant LCU), annual growth rate. Statizoid updates them automatically from the source API.
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How this figure is calculated
The year-on-year percentage change in Manufacturing, value added (constant LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Manufacturing, 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 Manufacturing, value added (constant LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.