Manufacturing, value added (constant LCU) in Marshall Islands
Marshall Islands: Manufacturing, value added (constant LCU) was 3.33 million constant LCU in 2024. ◆ Volatile
Manufacturing, value added in Marshall Islands, 1997–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in constant LCU.
Analysis
Marshall Islands recorded 3.33 million constant LCU for manufacturing, value added in 2024.
Compared with earlier readings it is down 4.3% on the previous year and down 59.2% over ten years.
Over the whole period, manufacturing, value added in Marshall Islands peaked at 10.19 million constant LCU in 2010 and was at its lowest, 326,200 constant LCU, in 1998.
Marshall Islands ranks 190th of 192 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) in Marshall Islands, year by year
| Year | constant LCU | Change |
|---|---|---|
| 1997 | 518,600 constant LCU | — |
| 1998 | 326,200 constant LCU | -37.1% |
| 1999 | 1.96 million constant LCU | +501.9% |
| 2000 | 2.65 million constant LCU | +35.0% |
| 2001 | 3.47 million constant LCU | +30.9% |
| 2002 | 3.31 million constant LCU | -4.7% |
| 2003 | 4.83 million constant LCU | +46.0% |
| 2004 | 5.61 million constant LCU | +16.2% |
| 2005 | 1.14 million constant LCU | -79.6% |
| 2006 | 2.78 million constant LCU | +143.9% |
| 2007 | 4.74 million constant LCU | +70.4% |
| 2008 | 4.39 million constant LCU | -7.5% |
| 2009 | 7.27 million constant LCU | +65.8% |
| 2010 | 10.19 million constant LCU | +40.1% |
| 2011 | 9.86 million constant LCU | -3.2% |
| 2012 | 6.53 million constant LCU | -33.8% |
| 2013 | 6.76 million constant LCU | +3.6% |
| 2014 | 8.17 million constant LCU | +20.9% |
| 2015 | 5.83 million constant LCU | -28.7% |
| 2016 | 3.81 million constant LCU | -34.6% |
| 2017 | 2.81 million constant LCU | -26.2% |
| 2018 | 3.90 million constant LCU | +38.4% |
| 2019 | 3.66 million constant LCU | -6.0% |
| 2020 | 3.57 million constant LCU | -2.6% |
| 2021 | 3.00 million constant LCU | -15.9% |
| 2022 | 3.15 million constant LCU | +5.1% |
| 2023 | 3.48 million constant LCU | +10.5% |
| 2024 | 3.33 million constant LCU | -4.3% |
Marshall Islands compared with similar countries
- Marshall Islands's 3.33 million constant LCU is below the median for upper middle income countries, which is 66.16 billion constant LCU, 0% of the median. (56 countries reporting)
- Marshall Islands's 3.33 million constant LCU is below the median for East Asia & Pacific, which is 29.35 billion constant LCU, 0% of the median. (27 countries reporting)
Biggest year-on-year movements
Years where Manufacturing, value added (constant LCU) 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 | +501.9% | 326,200 constant LCU | 1.96 million constant LCU |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 936,033 constant LCU | 326,200 constant LCU | 1.96 million constant LCU | 3 |
| 2000s | 4.02 million constant LCU | 1.14 million constant LCU | 7.27 million constant LCU | 10 |
| 2010s | 6.15 million constant LCU | 2.81 million constant LCU | 10.19 million constant LCU | 10 |
| 2020s | 3.31 million constant LCU | 3.00 million constant LCU | 3.57 million constant LCU | 5 |
Countries ranked near Marshall Islands
- 187 Bermuda 27.65 million constant LCU compare
- 188 Kiribati 16.53 million constant LCU compare
- 189 Turks and Caicos Islands 7.01 million constant LCU compare
- 191 Palau 3.03 million constant LCU compare
- 192 Micronesia (country) 1.34 million constant LCU 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 manufacturing, value added in Marshall Islands?
- Manufacturing, value added in Marshall Islands was 3.33 million constant LCU 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 10.19 million constant LCU in 2010.
- What is the lowest manufacturing, value added recorded in Marshall Islands?
- The lowest recorded value was 326,200 constant LCU in 1998.
- How does Marshall Islands rank for manufacturing, value added?
- Marshall Islands ranks 190th out of 192 countries with data for 2024.
- Is manufacturing, value added rising or falling in Marshall Islands?
- Over the last ten years it is down 59.2%. 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 (constant LCU). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 28 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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 is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment varies by country. This series is expressed in local currency units.