Manufacturing, value added in Marshall Islands
Marshall Islands: Manufacturing, value added was 9.04 million current US$ in 2024. ▲ Rising
Manufacturing, value added in Marshall Islands, 1997–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current US$.
Analysis
Marshall Islands recorded 9.04 million current US$ for manufacturing, value added in 2024.
That represents a change of up 30.7% on the previous year and down 20.8% over ten years.
Over the whole period, manufacturing, value added in Marshall Islands peaked at 11.46 million current US$ in 2019 and was at its lowest, 1.68 million current US$, in 1997.
That places Marshall Islands 196th out of 202 countries with data for 2024, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 28 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 2.06 million current US$ | 1.68 million current US$ | 2.35 million current US$ | 3 |
| 2000s | 3.95 million current US$ | 2.62 million current US$ | 5.58 million current US$ | 10 |
| 2010s | 8.64 million current US$ | 5.83 million current US$ | 11.46 million current US$ | 10 |
| 2020s | 7.24 million current US$ | 5.94 million current US$ | 9.04 million current US$ | 5 |
Countries ranked near Marshall Islands
- 193 Bermuda 28.52 million current US$ compare
- 194 Sint Maarten (Dutch part) 15.84 million current US$ compare
- 195 Kiribati 14.57 million current US$ compare
- 197 Turks and Caicos Islands 7.80 million current US$ compare
- 198 Sao Tome and Principe 5.83 million current US$ compare
- 199 Palau 3.89 million current US$ compare
More economy & growth data for Marshall Islands
- External balance on goods and services as a percent of GDP -43.8% (2025)
- GDP per capita 6,174 constant 2015 US$ (2025)
- Share of manufacturing in gross domestic product (GDP) 3.2% (2024)
- Gross domestic product (GDP) 224.00 million constant 2015 US$ (2025)
- GDP per capita in international and market dollars 6,174 constant 2015 US$ (2025)
- DEC alternative conversion factor 1 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) 124.43 million current LCU (2024)
- Net secondary income (Net current transfers from abroad) 124.43 million current US$ (2024)
- Taxes less subsidies on products 12.05 million current LCU (2024)
- Taxes less subsidies on products 12.05 million current US$ (2024)
Frequently asked questions
- What is manufacturing, value added in Marshall Islands?
- Manufacturing, value added in Marshall Islands was 9.04 million current US$ 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 11.46 million current US$ in 2019.
- What is the lowest manufacturing, value added recorded in Marshall Islands?
- The lowest recorded value was 1.68 million current US$ in 1997.
- How does Marshall Islands rank for manufacturing, value added?
- Marshall Islands ranks 196th out of 202 countries with data for 2024.
- Is manufacturing, value added rising or falling in Marshall Islands?
- Over the last ten years it is down 20.8%. The long-run trend across the full record is rising.
- 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 (current US$). Statizoid updates them automatically from the source API.
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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 current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.