Share of manufacturing in gross domestic product (GDP) in Marshall Islands

Marshall Islands: Share of manufacturing in gross domestic product (GDP) was 3.2% in 2024. ▲ Rising

Latest (2024)
3.2%
Change on year
up 21.1%
World rank
176th
of 202 countries
All-time high
6.1%
in 2014
All-time low
1.5%
in 1997
Years of data
28
1997–2024

Share of manufacturing in gross domestic product (GDP) in Marshall Islands, 1997–2024

234561997201020241997: 1.5 % of GDP1998: 2.1 % of GDP1999: 1.9 % of GDP2000: 2.4 % of GDP2001: 3.1 % of GDP2002: 3.4 % of GDP2003: 3.6 % of GDP2004: 4.2 % of GDP2005: 1.9 % of GDP2006: 2.5 % of GDP2007: 3.1 % of GDP2008: 2.2 % of GDP2009: 2.7 % of GDP2010: 4.7 % of GDP2011: 4.3 % of GDP2012: 3.7 % of GDP2013: 5.2 % of GDP2014: 6.1 % of GDP2015: 3.2 % of GDP2016: 4.5 % of GDP2017: 4.1 % of GDP2018: 3.7 % of GDP2019: 4.9 % of GDP2020: 3.2 % of GDP2021: 2.3 % of GDP2022: 2.5 % of GDP2023: 2.6 % of GDP2024: 3.2 % of GDP

Source: National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data. Measured in % of GDP.

Analysis

In 2024, share of manufacturing in gross domestic product (gdp) 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, share of manufacturing in gross domestic product (gdp) in Marshall Islands peaked at 6.1% in 2014 and was at its lowest, 1.5%, 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.

Averages by decade

DecadeAverage LowestHighest 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

  1. 173 South Sudan 3.5% compare
  2. 174 Montenegro 3.3% compare
  3. 175 Grenada 3.3% compare
  4. 177 Andorra 3.1% compare
  5. 178 Curacao 2.9% compare
  6. 179 Libya 2.8% compare

See the full ranking of 202 places →

More economy & growth data for Marshall Islands

All data for Marshall Islands →

Frequently asked questions

What is share of manufacturing in gross domestic product (gdp) in Marshall Islands?
Share of manufacturing in gross domestic product (gdp) in Marshall Islands was 3.2% in 2024, according to National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data.
What is the highest share of manufacturing in gross domestic product (gdp) recorded in Marshall Islands?
The highest recorded value was 6.1% in 2014.
What is the lowest share of manufacturing in gross domestic product (gdp) recorded in Marshall Islands?
The lowest recorded value was 1.5% in 1997.
How does Marshall Islands rank for share of manufacturing in gross domestic product (gdp)?
Marshall Islands ranks 176th out of 202 countries with data for 2024.
Is share of manufacturing in gross domestic product (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 National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data, published as part of Share of manufacturing in gross domestic product (GDP). Statizoid updates them automatically from the source API.

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About this data

Indicator
Share of manufacturing in gross domestic product (GDP)
Unit
% of GDP
Source
National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
202 places, 8,227 data points, 1960–2025
Last refreshed

Manufacturing comprises units engaged in the physical, or chemical transformation of materials, substances, or components into new products.