Manufacturing value added to gdp in Marshall Islands
Marshall Islands: Manufacturing value added to gdp was 3.17 in 2024. ▲ Rising
Latest (2024)
3.17
Change on year
up 21.1%
World rank
176th
of 202 countries
All-time high
6.14
in 2014
All-time low
1.53
in 1997
Years of data
28
1997–2024
Manufacturing value added to gdp in Marshall Islands, 1997–2024
Source: Our World in Data.
Analysis
In 2024, manufacturing value added to gdp in Marshall Islands stood at 3.17.
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 to gdp in Marshall Islands peaked at 6.14 in 2014 and was at its lowest, 1.53, in 1997.
Marshall Islands ranks 176th of 202 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 to gdp in Marshall Islands, year by year
| Year | Value | Change |
|---|---|---|
| 1997 | 1.53 | — |
| 1998 | 2.1 | +37.5% |
| 1999 | 1.91 | -9.1% |
| 2000 | 2.38 | +24.8% |
| 2001 | 3.13 | +31.8% |
| 2002 | 3.35 | +7.0% |
| 2003 | 3.62 | +7.8% |
| 2004 | 4.2 | +16.2% |
| 2005 | 1.9 | -54.7% |
| 2006 | 2.52 | +32.4% |
| 2007 | 3.06 | +21.4% |
| 2008 | 2.21 | -27.6% |
| 2009 | 2.75 | +24.0% |
| 2010 | 4.73 | +72.2% |
| 2011 | 4.3 | -9.1% |
| 2012 | 3.75 | -12.8% |
| 2013 | 5.23 | +39.6% |
| 2014 | 6.14 | +17.3% |
| 2015 | 3.17 | -48.3% |
| 2016 | 4.54 | +43.3% |
| 2017 | 4.14 | -8.9% |
| 2018 | 3.71 | -10.3% |
| 2019 | 4.92 | +32.6% |
| 2020 | 3.23 | -34.5% |
| 2021 | 2.27 | -29.5% |
| 2022 | 2.52 | +10.9% |
| 2023 | 2.62 | +4.0% |
| 2024 | 3.17 | +21.1% |
Marshall Islands compared with similar countries
- Marshall Islands's 3.17 is below the median for upper middle income countries, which is 11.5, 28% of the median. (58 countries reporting)
- Marshall Islands's 3.17 is below the median for East Asia & Pacific, which is 7.07, 45% of the median. (32 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 1.84 | 1.53 | 2.1 | 3 |
| 2000s | 2.91 | 1.9 | 4.2 | 10 |
| 2010s | 4.46 | 3.17 | 6.14 | 10 |
| 2020s | 2.76 | 2.27 | 3.23 | 5 |
Countries ranked near Marshall Islands
More economy & growth data for Marshall Islands
- Real gdp growth, annual growth rate 157.02 % change on previous year (2024)
- 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)
Frequently asked questions
- What is manufacturing value added to gdp in Marshall Islands?
- Manufacturing value added to gdp in Marshall Islands was 3.17 in 2024, according to Our World in Data.
- What is the highest manufacturing value added to gdp recorded in Marshall Islands?
- The highest recorded value was 6.14 in 2014.
- What is the lowest manufacturing value added to gdp recorded in Marshall Islands?
- The lowest recorded value was 1.53 in 1997.
- How does Marshall Islands rank for manufacturing value added to gdp?
- Marshall Islands ranks 176th out of 202 countries with data for 2024.
- Is manufacturing value added to 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 Our World in Data, published as part of Manufacturing value added to gdp. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 28 observations, free to reuse under CC BY 4.0 (Our World in Data).