Manufacturing, value added (current LCU), annual growth rate in Marshall Islands
Marshall Islands: Manufacturing, value added (current LCU), annual growth rate was 30.69 % change on previous year in 2024. ◆ Volatile
Manufacturing, value added (current LCU), annual growth rate in Marshall Islands, 1998–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for manufacturing, value added (current lcu), annual growth rate in Marshall Islands is 30.69 % change on previous year, measured in 2024.
The figure is up 404.2% on the previous year and up 80.1% over ten years.
Over the whole period, manufacturing, value added (current lcu), annual growth rate in Marshall Islands peaked at 83.52 % change on previous year in 2010 and was at its lowest, -52.99 % change on previous year, in 2005.
Marshall Islands ranks 9th of 203 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Manufacturing, value added (current LCU), annual growth rate in Marshall Islands, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1998 | 40.24 % change on previous year | — |
| 1999 | -8.08 % change on previous year | -120.1% |
| 2000 | 26.39 % change on previous year | -426.4% |
| 2001 | 40.48 % change on previous year | +53.4% |
| 2002 | 15.37 % change on previous year | -62.0% |
| 2003 | 7.14 % change on previous year | -53.6% |
| 2004 | 17.75 % change on previous year | +148.8% |
| 2005 | -52.99 % change on previous year | -398.5% |
| 2006 | 37.37 % change on previous year | -170.5% |
| 2007 | 27.62 % change on previous year | -26.1% |
| 2008 | -29.44 % change on previous year | -206.6% |
| 2009 | 27.86 % change on previous year | -194.7% |
| 2010 | 83.52 % change on previous year | +199.8% |
| 2011 | -2.76 % change on previous year | -103.3% |
| 2012 | -8.57 % change on previous year | +209.9% |
| 2013 | 44.03 % change on previous year | -613.9% |
| 2014 | 17.04 % change on previous year | -61.3% |
| 2015 | -48.97 % change on previous year | -387.4% |
| 2016 | 57.37 % change on previous year | -217.1% |
| 2017 | -3.56 % change on previous year | -106.2% |
| 2018 | -7.65 % change on previous year | +115.0% |
| 2019 | 40.39 % change on previous year | -627.9% |
| 2020 | -31.95 % change on previous year | -179.1% |
| 2021 | -23.86 % change on previous year | -25.3% |
| 2022 | 9.79 % change on previous year | -141.0% |
| 2023 | 6.09 % change on previous year | -37.8% |
| 2024 | 30.69 % change on previous year | +404.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 16.08 % change on previous year | -8.08 % change on previous year | 40.24 % change on previous year | 2 |
| 2000s | 11.76 % change on previous year | -52.99 % change on previous year | 40.48 % change on previous year | 10 |
| 2010s | 17.08 % change on previous year | -48.97 % change on previous year | 83.52 % change on previous year | 10 |
| 2020s | -1.85 % change on previous year | -31.95 % change on previous year | 30.69 % change on previous year | 5 |
Countries ranked near Marshall Islands
- 6 Egypt 36.14 % change on previous year compare
- 7 Kyrgyzstan 34.81 % change on previous year compare
- 8 Burundi 31.72 % change on previous year compare
- 10 Ireland 30.22 % change on previous year compare
- 11 Argentina 29.85 % change on previous year compare
- 12 Angola 28.36 % 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)
- 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 (current lcu), annual growth rate in Marshall Islands?
- Manufacturing, value added (current lcu), annual growth rate in Marshall Islands was 30.69 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest manufacturing, value added (current lcu), annual growth rate recorded in Marshall Islands?
- The highest recorded value was 83.52 % change on previous year in 2010.
- What is the lowest manufacturing, value added (current lcu), annual growth rate recorded in Marshall Islands?
- The lowest recorded value was -52.99 % change on previous year in 2005.
- How does Marshall Islands rank for manufacturing, value added (current lcu), annual growth rate?
- Marshall Islands ranks 9th out of 203 countries with data for 2024.
- Is manufacturing, value added (current lcu), annual growth rate rising or falling in Marshall Islands?
- Over the last ten years it is up 80.1%. 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 (current LCU), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 27 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Manufacturing, value added (current 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 (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.