Manufacturing, value added in Marshall Islands
Marshall Islands: Manufacturing, value added was 3.2% in 2024. ▲ Rising
Manufacturing, value added in Marshall Islands, 1997–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in % of GDP.
Analysis
In 2024, manufacturing, value added in Marshall Islands stood at 3.2%.
Compared with earlier readings it is up 21.1% on the previous year and down 48.3% over ten years.
Over the whole period, manufacturing, value added in Marshall Islands peaked at 6.1% in 2014 and was at its lowest, 1.5%, 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 in Marshall Islands, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1997 | 1.5% | — |
| 1998 | 2.1% | +37.5% |
| 1999 | 1.9% | -9.1% |
| 2000 | 2.4% | +24.8% |
| 2001 | 3.1% | +31.8% |
| 2002 | 3.4% | +7.0% |
| 2003 | 3.6% | +7.8% |
| 2004 | 4.2% | +16.2% |
| 2005 | 1.9% | -54.7% |
| 2006 | 2.5% | +32.4% |
| 2007 | 3.1% | +21.4% |
| 2008 | 2.2% | -27.6% |
| 2009 | 2.7% | +24.0% |
| 2010 | 4.7% | +72.2% |
| 2011 | 4.3% | -9.1% |
| 2012 | 3.7% | -12.8% |
| 2013 | 5.2% | +39.6% |
| 2014 | 6.1% | +17.3% |
| 2015 | 3.2% | -48.3% |
| 2016 | 4.5% | +43.3% |
| 2017 | 4.1% | -8.9% |
| 2018 | 3.7% | -10.3% |
| 2019 | 4.9% | +32.6% |
| 2020 | 3.2% | -34.5% |
| 2021 | 2.3% | -29.5% |
| 2022 | 2.5% | +10.9% |
| 2023 | 2.6% | +4.0% |
| 2024 | 3.2% | +21.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 1.8% | 1.5% | 2.1% | 3 |
| 2000s | 2.9% | 1.9% | 4.2% | 10 |
| 2010s | 4.5% | 3.2% | 6.1% | 10 |
| 2020s | 2.8% | 2.3% | 3.2% | 5 |
Countries ranked near Marshall Islands
More economy & growth data for Marshall Islands
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 1.5 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 0.6305 Percent per annum (2029)
- Gdp worldbank constant usd, annual growth rate 2.28 % change on previous year (2025)
- Manufacturing value added to gdp, per capita 0.0001 units per person (2024)
- Gdp worldbank constant usd, per capita 6,174 units per person (2025)
- Gdp worldbank constant usd, per unit of GDP 0.7273 units per US$ of GDP (2025)
- External balance on goods and services as a percent of GDP -43.8% (2025)
- GDP per capita 6,174 constant 2015 US$ (2025)
- Manufacturing value added to gdp, per unit of GDP 0 units per US$ of GDP (2024)
- Exports of goods and services 36.0% (2025)
Frequently asked questions
- What is manufacturing, value added in Marshall Islands?
- Manufacturing, value added in Marshall Islands was 3.2% 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 6.1% in 2014.
- What is the lowest manufacturing, value added recorded in Marshall Islands?
- The lowest recorded value was 1.5% in 1997.
- How does Marshall Islands rank for manufacturing, value added?
- Marshall Islands ranks 177th out of 203 countries with data for 2024.
- Is manufacturing, value added 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 Country official statistics, National Statistical Offices (NSOs), published as part of Manufacturing, value added (% of GDP). 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 as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.