Manufacturing, value added (current US$), per unit of GDP (unit GDP) in Marshall Islands
Marshall Islands: Manufacturing, value added (current US$), per unit of GDP (unit GDP) was 0.0317 current US$ per US$ of GDP in 2024. ▲ Rising
Manufacturing, value added (current US$), per unit of GDP in Marshall Islands, 1997–2024
Source: Statizoid (derived). Measured in current US$ per US$ of GDP.
Analysis
The most recent figure for manufacturing, value added (current us$), per unit of gdp in Marshall Islands is 0.0317 current US$ per US$ of GDP, measured in 2024.
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 us$), per unit of gdp in Marshall Islands peaked at 0.0614 current US$ per US$ of GDP in 2014 and was at its lowest, 0.0153 current US$ per US$ of GDP, in 1997.
Marshall Islands ranks 177th 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 US$), per unit of GDP (unit GDP) in Marshall Islands, year by year
| Year | current US$ per US$ of GDP | Change |
|---|---|---|
| 1997 | 0.0153 current US$ per US$ of GDP | — |
| 1998 | 0.021 current US$ per US$ of GDP | +37.5% |
| 1999 | 0.0191 current US$ per US$ of GDP | -9.1% |
| 2000 | 0.0238 current US$ per US$ of GDP | +24.8% |
| 2001 | 0.0313 current US$ per US$ of GDP | +31.8% |
| 2002 | 0.0335 current US$ per US$ of GDP | +7.0% |
| 2003 | 0.0362 current US$ per US$ of GDP | +7.8% |
| 2004 | 0.042 current US$ per US$ of GDP | +16.2% |
| 2005 | 0.019 current US$ per US$ of GDP | -54.7% |
| 2006 | 0.0252 current US$ per US$ of GDP | +32.4% |
| 2007 | 0.0306 current US$ per US$ of GDP | +21.4% |
| 2008 | 0.0221 current US$ per US$ of GDP | -27.6% |
| 2009 | 0.0275 current US$ per US$ of GDP | +24.0% |
| 2010 | 0.0473 current US$ per US$ of GDP | +72.2% |
| 2011 | 0.043 current US$ per US$ of GDP | -9.1% |
| 2012 | 0.0375 current US$ per US$ of GDP | -12.8% |
| 2013 | 0.0523 current US$ per US$ of GDP | +39.6% |
| 2014 | 0.0614 current US$ per US$ of GDP | +17.3% |
| 2015 | 0.0317 current US$ per US$ of GDP | -48.3% |
| 2016 | 0.0454 current US$ per US$ of GDP | +43.3% |
| 2017 | 0.0414 current US$ per US$ of GDP | -8.9% |
| 2018 | 0.0371 current US$ per US$ of GDP | -10.3% |
| 2019 | 0.0492 current US$ per US$ of GDP | +32.6% |
| 2020 | 0.0323 current US$ per US$ of GDP | -34.5% |
| 2021 | 0.0227 current US$ per US$ of GDP | -29.5% |
| 2022 | 0.0252 current US$ per US$ of GDP | +10.9% |
| 2023 | 0.0262 current US$ per US$ of GDP | +4.0% |
| 2024 | 0.0317 current US$ per US$ of GDP | +21.1% |
Marshall Islands compared with similar countries
- Marshall Islands's 0.0317 current US$ per US$ of GDP is below the median for upper middle income countries, which is 0.1177 current US$ per US$ of GDP, 27% of the median. (59 countries reporting)
- Marshall Islands's 0.0317 current US$ per US$ of GDP is below the median for East Asia & Pacific, which is 0.0707 current US$ per US$ of GDP, 45% of the median. (32 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.0184 current US$ per US$ of GDP | 0.0153 current US$ per US$ of GDP | 0.021 current US$ per US$ of GDP | 3 |
| 2000s | 0.0291 current US$ per US$ of GDP | 0.019 current US$ per US$ of GDP | 0.042 current US$ per US$ of GDP | 10 |
| 2010s | 0.0446 current US$ per US$ of GDP | 0.0317 current US$ per US$ of GDP | 0.0614 current US$ per US$ of GDP | 10 |
| 2020s | 0.0276 current US$ per US$ of GDP | 0.0227 current US$ per US$ of GDP | 0.0323 current US$ per US$ of GDP | 5 |
Countries ranked near Marshall Islands
- 174 South Sudan 0.0353 current US$ per US$ of GDP compare
- 175 Montenegro 0.0333 current US$ per US$ of GDP compare
- 176 Grenada 0.033 current US$ per US$ of GDP compare
- 178 Andorra 0.0313 current US$ per US$ of GDP compare
- 179 Curacao 0.0292 current US$ per US$ of GDP compare
- 180 Libya 0.0281 current US$ 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)
- 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 (current us$), per unit of gdp in Marshall Islands?
- Manufacturing, value added (current us$), per unit of gdp in Marshall Islands was 0.0317 current US$ per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest manufacturing, value added (current us$), per unit of gdp recorded in Marshall Islands?
- The highest recorded value was 0.0614 current US$ per US$ of GDP in 2014.
- What is the lowest manufacturing, value added (current us$), per unit of gdp recorded in Marshall Islands?
- The lowest recorded value was 0.0153 current US$ per US$ of GDP in 1997.
- How does Marshall Islands rank for manufacturing, value added (current us$), per unit of gdp?
- Marshall Islands ranks 177th out of 203 countries with data for 2024.
- Is manufacturing, value added (current us$), 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 US$), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Manufacturing, value added (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Manufacturing, value added (current US$) ÷ GDP (current US$)
Computed from
- Manufacturing, value added Country official statistics, National Statistical Offices (NSOs)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Manufacturing, value added (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.