Manufacturing, value added (current LCU), per unit of GDP in Marshall Islands
Marshall Islands: Manufacturing, value added (current LCU), per unit of GDP was 0.0317 current LCU per US$ of GDP in 2024. ▲ Rising
Manufacturing, value added (current LCU), per unit of GDP in Marshall Islands, 1997–2024
Source: Statizoid (derived). Measured in current LCU per US$ of GDP.
Analysis
In 2024, manufacturing, value added (current lcu), per unit of gdp in Marshall Islands stood at 0.0317 current LCU per US$ of GDP.
That represents a change of up 21.1% on the previous year and down 48.3% over ten years.
Over the whole period, manufacturing, value added (current lcu), per unit of gdp in Marshall Islands peaked at 0.0614 current LCU per US$ of GDP in 2014 and was at its lowest, 0.0153 current LCU per US$ of GDP, in 1997.
Marshall Islands ranks 188th of 203 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 28 years of available data.
Manufacturing, value added (current LCU), per unit of GDP in Marshall Islands, year by year
| Year | current LCU per US$ of GDP | Change |
|---|---|---|
| 1997 | 0.0153 current LCU per US$ of GDP | — |
| 1998 | 0.021 current LCU per US$ of GDP | +37.5% |
| 1999 | 0.0191 current LCU per US$ of GDP | -9.1% |
| 2000 | 0.0238 current LCU per US$ of GDP | +24.8% |
| 2001 | 0.0313 current LCU per US$ of GDP | +31.8% |
| 2002 | 0.0335 current LCU per US$ of GDP | +7.0% |
| 2003 | 0.0362 current LCU per US$ of GDP | +7.8% |
| 2004 | 0.042 current LCU per US$ of GDP | +16.2% |
| 2005 | 0.019 current LCU per US$ of GDP | -54.7% |
| 2006 | 0.0252 current LCU per US$ of GDP | +32.4% |
| 2007 | 0.0306 current LCU per US$ of GDP | +21.4% |
| 2008 | 0.0221 current LCU per US$ of GDP | -27.6% |
| 2009 | 0.0275 current LCU per US$ of GDP | +24.0% |
| 2010 | 0.0473 current LCU per US$ of GDP | +72.2% |
| 2011 | 0.043 current LCU per US$ of GDP | -9.1% |
| 2012 | 0.0375 current LCU per US$ of GDP | -12.8% |
| 2013 | 0.0523 current LCU per US$ of GDP | +39.6% |
| 2014 | 0.0614 current LCU per US$ of GDP | +17.3% |
| 2015 | 0.0317 current LCU per US$ of GDP | -48.3% |
| 2016 | 0.0454 current LCU per US$ of GDP | +43.3% |
| 2017 | 0.0414 current LCU per US$ of GDP | -8.9% |
| 2018 | 0.0371 current LCU per US$ of GDP | -10.3% |
| 2019 | 0.0492 current LCU per US$ of GDP | +32.6% |
| 2020 | 0.0323 current LCU per US$ of GDP | -34.5% |
| 2021 | 0.0227 current LCU per US$ of GDP | -29.5% |
| 2022 | 0.0252 current LCU per US$ of GDP | +10.9% |
| 2023 | 0.0262 current LCU per US$ of GDP | +4.0% |
| 2024 | 0.0317 current LCU per US$ of GDP | +21.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.0184 current LCU per US$ of GDP | 0.0153 current LCU per US$ of GDP | 0.021 current LCU per US$ of GDP | 3 |
| 2000s | 0.0291 current LCU per US$ of GDP | 0.019 current LCU per US$ of GDP | 0.042 current LCU per US$ of GDP | 10 |
| 2010s | 0.0446 current LCU per US$ of GDP | 0.0317 current LCU per US$ of GDP | 0.0614 current LCU per US$ of GDP | 10 |
| 2020s | 0.0276 current LCU per US$ of GDP | 0.0227 current LCU per US$ of GDP | 0.0323 current LCU per US$ of GDP | 5 |
Countries ranked near Marshall Islands
- 185 Cyprus 0.0389 current LCU per US$ of GDP compare
- 186 Oman 0.0361 current LCU per US$ of GDP compare
- 187 Luxembourg 0.0329 current LCU per US$ of GDP compare
- 189 Montenegro 0.0308 current LCU per US$ of GDP compare
- 190 Andorra 0.0289 current LCU per US$ of GDP compare
- 191 Kuwait 0.0237 current 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)
- 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), per unit of gdp in Marshall Islands?
- Manufacturing, value added (current lcu), per unit of gdp in Marshall Islands was 0.0317 current LCU per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest manufacturing, value added (current lcu), per unit of gdp recorded in Marshall Islands?
- The highest recorded value was 0.0614 current LCU per US$ of GDP in 2014.
- What is the lowest manufacturing, value added (current lcu), per unit of gdp recorded in Marshall Islands?
- The lowest recorded value was 0.0153 current LCU per US$ of GDP in 1997.
- How does Marshall Islands rank for manufacturing, value added (current lcu), per unit of gdp?
- Marshall Islands ranks 188th out of 203 countries with data for 2024.
- Is manufacturing, value added (current lcu), per unit of gdp rising or falling in Marshall Islands?
- Over the last ten years it is down 48.3%. The long-run trend across the full record is rising.
- Where does this Marshall Islands data come from?
- The figures come from Statizoid (derived), published as part of Manufacturing, value added (current LCU), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Manufacturing, value added (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Manufacturing, value added (current LCU) ÷ GDP (current US$)
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 (current 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.