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
Share of manufacturing in gross domestic product (GDP) in Marshall Islands, 1997–2024
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.
Share of manufacturing in gross domestic product (GDP) 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% |
Marshall Islands compared with similar countries
- Marshall Islands's 3.2% is below the median for upper middle income countries, which is 11.5%, 28% of the median. (58 countries reporting)
- Marshall Islands's 3.2% is below the median for East Asia & Pacific, which is 7.1%, 45% of the median. (32 countries reporting)
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 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)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 13.36 million BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual 46.01 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0469 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 355.78 BoP, current US$ per person (2024)
- General government final consumption expenditure (current US$) 2.99 % change on previous year (2024)
- General government final consumption expenditure (current US$), per 0.5453 current US$ per US$ of GDP (2024)
- General government final consumption expenditure (current US$), per 4,139 current US$ per person (2024)
- General government final consumption expenditure (current LCU) 2.99 % change on previous year (2024)
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
Manufacturing comprises units engaged in the physical, or chemical transformation of materials, substances, or components into new products.