Manufacturing value added (current United States dollars) as a in Marshall Islands
Marshall Islands: Manufacturing value added (current United States dollars) as a was 3.5% in 2024. ▲ Rising
Latest (2024)
3.5%
Change on year
down 1.1%
World rank
195th
of 227 countries
All-time high
6.2%
in 2014
All-time low
1.9%
in 2005
Years of data
25
2000–2024
Manufacturing value added (current United States dollars) as a in Marshall Islands, 2000–2024
Source: United Nations Statistics Division, SDG Global Database.
Analysis
Marshall Islands recorded 3.5% for manufacturing value added (current united states dollars) as a in 2024.
The figure is down 1.1% on the previous year and down 43.3% over ten years.
Over the whole period, manufacturing value added (current united states dollars) as a in Marshall Islands peaked at 6.2% in 2014 and was at its lowest, 1.9%, in 2005.
That places Marshall Islands 195th out of 227 countries with data for 2024, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 25 years of available data.
Manufacturing value added (current United States dollars) as a in Marshall Islands, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 2.4% | — |
| 2001 | 3.1% | +31.5% |
| 2002 | 3.4% | +7.0% |
| 2003 | 3.6% | +7.8% |
| 2004 | 4.2% | +15.8% |
| 2005 | 1.9% | -54.8% |
| 2006 | 2.5% | +31.7% |
| 2007 | 3.0% | +22.5% |
| 2008 | 2.2% | -27.5% |
| 2009 | 2.7% | +24.0% |
| 2010 | 4.7% | +72.3% |
| 2011 | 4.3% | -8.7% |
| 2012 | 3.8% | -12.8% |
| 2013 | 5.3% | +39.9% |
| 2014 | 6.2% | +17.1% |
| 2015 | 3.2% | -48.5% |
| 2016 | 4.6% | +43.8% |
| 2017 | 4.2% | -9.0% |
| 2018 | 3.7% | -10.4% |
| 2019 | 4.9% | +32.5% |
| 2020 | 3.3% | -33.7% |
| 2021 | 2.1% | -35.8% |
| 2022 | 3.6% | +72.9% |
| 2023 | 3.5% | -2.8% |
| 2024 | 3.5% | -1.1% |
Marshall Islands compared with similar countries
- Marshall Islands's 3.5% is below the median for upper middle income countries, which is 11.7%, 30% of the median. (56 countries reporting)
- Marshall Islands's 3.5% is below the median for East Asia & Pacific, which is 10.5%, 33% of the median. (30 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 2.9% | 1.9% | 4.2% | 10 |
| 2010s | 4.5% | 3.2% | 6.2% | 10 |
| 2020s | 3.2% | 2.1% | 3.6% | 5 |
Countries ranked near Marshall Islands
- 192 Saint Kitts and Nevis 3.9% compare
- 193 Grenada 3.8% compare
- 194 Montserrat 3.7% compare
- 196 Montenegro 3.3% compare
- 197 Saint Vincent and the Grenadines 3.3% compare
- 198 Monaco 3.2% 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 (current united states dollars) as a in Marshall Islands?
- Manufacturing value added (current united states dollars) as a in Marshall Islands was 3.5% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest manufacturing value added (current united states dollars) as a recorded in Marshall Islands?
- The highest recorded value was 6.2% in 2014.
- What is the lowest manufacturing value added (current united states dollars) as a recorded in Marshall Islands?
- The lowest recorded value was 1.9% in 2005.
- How does Marshall Islands rank for manufacturing value added (current united states dollars) as a?
- Marshall Islands ranks 195th out of 227 countries with data for 2024.
- Is manufacturing value added (current united states dollars) as a rising or falling in Marshall Islands?
- Over the last ten years it is down 43.3%. The long-run trend across the full record is rising.
- Where does this Marshall Islands data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Manufacturing value added (current United States dollars) as a proportion of GDP (%). Statizoid updates them automatically from the source API.
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