Manufacturing, value added (constant LCU), per unit of GDP in Marshall Islands
Marshall Islands: Manufacturing, value added (constant LCU), per unit of GDP was 0.0117 constant LCU per US$ of GDP in 2024. ◆ Volatile
Manufacturing, value added (constant LCU), per unit of GDP in Marshall Islands, 1997–2024
Source: Statizoid (derived). Measured in constant LCU per US$ of GDP.
Analysis
Marshall Islands recorded 0.0117 constant LCU per US$ of GDP for manufacturing, value added (constant lcu), per unit of gdp in 2024.
Compared with earlier readings it is down 11.4% on the previous year and down 73.4% over ten years.
Over the whole period, manufacturing, value added (constant lcu), per unit of gdp in Marshall Islands peaked at 0.0633 constant LCU per US$ of GDP in 2010 and was at its lowest, 0.0029 constant LCU per US$ of GDP, in 1998.
Marshall Islands ranks 184th 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 (constant LCU), per unit of GDP in Marshall Islands, year by year
| Year | constant LCU per US$ of GDP | Change |
|---|---|---|
| 1997 | 0.0047 constant LCU per US$ of GDP | — |
| 1998 | 0.0029 constant LCU per US$ of GDP | -38.3% |
| 1999 | 0.0173 constant LCU per US$ of GDP | +495.1% |
| 2000 | 0.0231 constant LCU per US$ of GDP | +33.2% |
| 2001 | 0.0283 constant LCU per US$ of GDP | +22.9% |
| 2002 | 0.0251 constant LCU per US$ of GDP | -11.6% |
| 2003 | 0.0368 constant LCU per US$ of GDP | +46.9% |
| 2004 | 0.0422 constant LCU per US$ of GDP | +14.6% |
| 2005 | 0.0083 constant LCU per US$ of GDP | -80.4% |
| 2006 | 0.0194 constant LCU per US$ of GDP | +135.0% |
| 2007 | 0.0315 constant LCU per US$ of GDP | +62.1% |
| 2008 | 0.0299 constant LCU per US$ of GDP | -5.0% |
| 2009 | 0.0481 constant LCU per US$ of GDP | +60.7% |
| 2010 | 0.0633 constant LCU per US$ of GDP | +31.5% |
| 2011 | 0.0572 constant LCU per US$ of GDP | -9.5% |
| 2012 | 0.0361 constant LCU per US$ of GDP | -36.9% |
| 2013 | 0.0363 constant LCU per US$ of GDP | +0.4% |
| 2014 | 0.0439 constant LCU per US$ of GDP | +21.1% |
| 2015 | 0.0317 constant LCU per US$ of GDP | -27.8% |
| 2016 | 0.0189 constant LCU per US$ of GDP | -40.4% |
| 2017 | 0.0132 constant LCU per US$ of GDP | -30.3% |
| 2018 | 0.0177 constant LCU per US$ of GDP | +34.5% |
| 2019 | 0.0157 constant LCU per US$ of GDP | -11.2% |
| 2020 | 0.0147 constant LCU per US$ of GDP | -6.2% |
| 2021 | 0.0115 constant LCU per US$ of GDP | -22.1% |
| 2022 | 0.0122 constant LCU per US$ of GDP | +6.1% |
| 2023 | 0.0132 constant LCU per US$ of GDP | +8.3% |
| 2024 | 0.0117 constant LCU per US$ of GDP | -11.4% |
Marshall Islands compared with similar countries
- Marshall Islands's 0.0117 constant LCU per US$ of GDP is below the median for upper middle income countries, which is 0.6295 constant LCU per US$ of GDP, 2% of the median. (56 countries reporting)
- Marshall Islands's 0.0117 constant LCU per US$ of GDP is below the median for East Asia & Pacific, which is 0.2071 constant LCU per US$ of GDP, 6% of the median. (27 countries reporting)
Biggest year-on-year movements
Years where Manufacturing, value added (constant LCU), per unit of GDP 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 |
|---|---|---|---|
| 1999 | +495.1% | 0.0029 constant LCU per US$ of GDP | 0.0173 constant LCU per US$ of GDP |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.0083 constant LCU per US$ of GDP | 0.0029 constant LCU per US$ of GDP | 0.0173 constant LCU per US$ of GDP | 3 |
| 2000s | 0.0293 constant LCU per US$ of GDP | 0.0083 constant LCU per US$ of GDP | 0.0481 constant LCU per US$ of GDP | 10 |
| 2010s | 0.0334 constant LCU per US$ of GDP | 0.0132 constant LCU per US$ of GDP | 0.0633 constant LCU per US$ of GDP | 10 |
| 2020s | 0.0127 constant LCU per US$ of GDP | 0.0115 constant LCU per US$ of GDP | 0.0147 constant LCU per US$ of GDP | 5 |
Countries ranked near Marshall Islands
- 181 Montenegro 0.0215 constant LCU per US$ of GDP compare
- 182 Timor-Leste 0.0155 constant LCU per US$ of GDP compare
- 183 Isle of Man 0.0124 constant LCU per US$ of GDP compare
- 185 Palau 0.0094 constant LCU per US$ of GDP compare
- 186 Cayman Islands 0.0048 constant LCU per US$ of GDP compare
- 187 Turks and Caicos Islands 0.004 constant LCU 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)
- 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), per unit of gdp in Marshall Islands?
- Manufacturing, value added (constant lcu), per unit of gdp in Marshall Islands was 0.0117 constant LCU per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest manufacturing, value added (constant lcu), per unit of gdp recorded in Marshall Islands?
- The highest recorded value was 0.0633 constant LCU per US$ of GDP in 2010.
- What is the lowest manufacturing, value added (constant lcu), per unit of gdp recorded in Marshall Islands?
- The lowest recorded value was 0.0029 constant LCU per US$ of GDP in 1998.
- How does Marshall Islands rank for manufacturing, value added (constant lcu), per unit of gdp?
- Marshall Islands ranks 184th out of 190 countries with data for 2024.
- Is manufacturing, value added (constant lcu), 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 LCU), per unit of GDP. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 28 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Manufacturing, value added (constant LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Manufacturing, value added (constant LCU) ÷ GDP (current US$)
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 LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.