Manufacturing value added to gdp, annual growth rate in Marshall Islands
Marshall Islands: Manufacturing value added to gdp, annual growth rate was 21.06 % change on previous year in 2024. ◆ Volatile
Manufacturing value added to gdp, annual growth rate in Marshall Islands, 1998–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Marshall Islands recorded 21.06 % change on previous year for manufacturing value added to gdp, annual growth rate in 2024.
Compared with earlier readings it is up 430.9% on the previous year and up 21.8% over ten years.
Over the whole period, manufacturing value added to gdp, annual growth rate in Marshall Islands peaked at 72.25 % change on previous year in 2010 and was at its lowest, -54.73 % change on previous year, in 2005.
That places Marshall Islands 3rd out of 202 countries with data for 2024, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Manufacturing value added to gdp, annual growth rate in Marshall Islands, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1998 | 37.51 % change on previous year | — |
| 1999 | -9.12 % change on previous year | -124.3% |
| 2000 | 24.75 % change on previous year | -371.3% |
| 2001 | 31.8 % change on previous year | +28.4% |
| 2002 | 7.02 % change on previous year | -77.9% |
| 2003 | 7.82 % change on previous year | +11.3% |
| 2004 | 16.19 % change on previous year | +107.1% |
| 2005 | -54.73 % change on previous year | -438.2% |
| 2006 | 32.39 % change on previous year | -159.2% |
| 2007 | 21.43 % change on previous year | -33.8% |
| 2008 | -27.56 % change on previous year | -228.6% |
| 2009 | 23.97 % change on previous year | -187.0% |
| 2010 | 72.25 % change on previous year | +201.4% |
| 2011 | -9.09 % change on previous year | -112.6% |
| 2012 | -12.82 % change on previous year | +41.1% |
| 2013 | 39.62 % change on previous year | -409.1% |
| 2014 | 17.29 % change on previous year | -56.4% |
| 2015 | -48.34 % change on previous year | -379.6% |
| 2016 | 43.26 % change on previous year | -189.5% |
| 2017 | -8.93 % change on previous year | -120.6% |
| 2018 | -10.29 % change on previous year | +15.3% |
| 2019 | 32.61 % change on previous year | -416.8% |
| 2020 | -34.46 % change on previous year | -205.7% |
| 2021 | -29.53 % change on previous year | -14.3% |
| 2022 | 10.86 % change on previous year | -136.8% |
| 2023 | 3.97 % change on previous year | -63.5% |
| 2024 | 21.06 % change on previous year | +430.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 14.19 % change on previous year | -9.12 % change on previous year | 37.51 % change on previous year | 2 |
| 2000s | 8.31 % change on previous year | -54.73 % change on previous year | 32.39 % change on previous year | 10 |
| 2010s | 11.56 % change on previous year | -48.34 % change on previous year | 72.25 % change on previous year | 10 |
| 2020s | -5.62 % change on previous year | -34.46 % change on previous year | 21.06 % change on previous year | 5 |
Countries ranked near Marshall Islands
- 1 Congo 34.32 % change on previous year compare
- 2 South Sudan 32.08 % change on previous year compare
- 4 Turkmenistan 17.03 % change on previous year compare
- 5 Timor-Leste 15.5 % change on previous year compare
- 6 Montenegro 15.06 % change on previous year 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)
- Gdp worldbank constant usd, annual growth rate 2.28 % change on previous year (2025)
- External balance on goods and services as a percent of GDP -43.8% (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)
- 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 to gdp, annual growth rate in Marshall Islands?
- Manufacturing value added to gdp, annual growth rate in Marshall Islands was 21.06 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest manufacturing value added to gdp, annual growth rate recorded in Marshall Islands?
- The highest recorded value was 72.25 % change on previous year in 2010.
- What is the lowest manufacturing value added to gdp, annual growth rate recorded in Marshall Islands?
- The lowest recorded value was -54.73 % change on previous year in 2005.
- How does Marshall Islands rank for manufacturing value added to gdp, annual growth rate?
- Marshall Islands ranks 3rd out of 202 countries with data for 2024.
- Is manufacturing value added to gdp, annual growth rate rising or falling in Marshall Islands?
- Over the last ten years it is up 21.8%. The long-run trend across the full record is volatile.
- Where does this Marshall Islands data come from?
- The figures come from Statizoid (derived), published as part of Manufacturing value added to gdp, annual growth rate. Statizoid updates them automatically from the source API.
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How this figure is calculated
The year-on-year percentage change in Manufacturing value added to gdp. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Share of manufacturing in gross domestic product (GDP) National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data
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
The year-on-year percentage change in Manufacturing value added to gdp. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.