Value Added Deflator (Manufacturing) — Value Standard Local Currency in Marshall Islands
Marshall Islands: Value Added Deflator (Manufacturing) — Value Standard Local Currency was 366.26 SLC in 2023. ◆ Volatile
Value Added Deflator (Manufacturing) — Value Standard Local Currency in Marshall Islands, 1970–2023
Source: Food and Agriculture Organization of the United Nations. Measured in SLC.
Analysis
Marshall Islands recorded 366.26 SLC for value added deflator (manufacturing) — value standard local currency in 2023.
Compared with earlier readings it is up 0.7% on the previous year and up 153.8% over ten years.
Over the whole period, value added deflator (manufacturing) — value standard local currency in Marshall Islands peaked at 720.43 SLC in 1998 and was at its lowest, 56.95 SLC, in 2009.
Marshall Islands ranks 12th of 194 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Value Added Deflator (Manufacturing) — Value Standard Local Currency in Marshall Islands, year by year
| Year | SLC | Change |
|---|---|---|
| 1970 | 87.25 SLC | — |
| 1971 | 92.46 SLC | +6.0% |
| 1972 | 100.07 SLC | +8.2% |
| 1973 | 86.96 SLC | -13.1% |
| 1974 | 98.86 SLC | +13.7% |
| 1975 | 108.37 SLC | +9.6% |
| 1976 | 117.44 SLC | +8.4% |
| 1977 | 127.64 SLC | +8.7% |
| 1978 | 132.79 SLC | +4.0% |
| 1979 | 149.55 SLC | +12.6% |
| 1980 | 168.49 SLC | +12.7% |
| 1981 | 183.84 SLC | +9.1% |
| 1982 | 197.41 SLC | +7.4% |
| 1983 | 204.34 SLC | +3.5% |
| 1984 | 212.73 SLC | +4.1% |
| 1985 | 220.57 SLC | +3.7% |
| 1986 | 225.99 SLC | +2.5% |
| 1987 | 232.45 SLC | +2.9% |
| 1988 | 242.03 SLC | +4.1% |
| 1989 | 253.55 SLC | +4.8% |
| 1990 | 266.2 SLC | +5.0% |
| 1991 | 279.63 SLC | +5.0% |
| 1992 | 288.06 SLC | +3.0% |
| 1993 | 296.79 SLC | +3.0% |
| 1994 | 304.59 SLC | +2.6% |
| 1995 | 313.14 SLC | +2.8% |
| 1996 | 321.89 SLC | +2.8% |
| 1997 | 323.16 SLC | +0.4% |
| 1998 | 720.43 SLC | +122.9% |
| 1999 | 110.04 SLC | -84.7% |
| 2000 | 103.05 SLC | -6.4% |
| 2001 | 110.55 SLC | +7.3% |
| 2002 | 133.76 SLC | +21.0% |
| 2003 | 98.18 SLC | -26.6% |
| 2004 | 99.63 SLC | +1.5% |
| 2005 | 233.82 SLC | +134.7% |
| 2006 | 130.53 SLC | -44.2% |
| 2007 | 97.08 SLC | -25.6% |
| 2008 | 73.9 SLC | -23.9% |
| 2009 | 56.95 SLC | -22.9% |
| 2010 | 74.66 SLC | +31.1% |
| 2011 | 75.09 SLC | +0.6% |
| 2012 | 103.74 SLC | +38.2% |
| 2013 | 144.32 SLC | +39.1% |
| 2014 | 139.82 SLC | -3.1% |
| 2015 | 100 SLC | -28.5% |
| 2016 | 241 SLC | +141.0% |
| 2017 | 314.74 SLC | +30.6% |
| 2018 | 209.83 SLC | -33.3% |
| 2019 | 313.79 SLC | +49.5% |
| 2020 | 220.32 SLC | -29.8% |
| 2021 | 194.63 SLC | -11.7% |
| 2022 | 363.81 SLC | +86.9% |
| 2023 | 366.26 SLC | +0.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 110.14 SLC | 86.96 SLC | 149.55 SLC | 10 |
| 1980s | 214.14 SLC | 168.49 SLC | 253.55 SLC | 10 |
| 1990s | 322.39 SLC | 110.04 SLC | 720.43 SLC | 10 |
| 2000s | 113.75 SLC | 56.95 SLC | 233.82 SLC | 10 |
| 2010s | 171.7 SLC | 74.66 SLC | 314.74 SLC | 10 |
| 2020s | 286.25 SLC | 194.63 SLC | 366.26 SLC | 4 |
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)
- Taxes less subsidies on products (current LCU), per unit of GDP 0.0423 current LCU per US$ of GDP (2024)
- External balance on goods and services as a percent of gdp -43.83 (2025)
- Manufacturing value added to gdp, per capita 0.0001 units per person (2024)
- Manufacturing value added to gdp, per unit of GDP 0 units per US$ of GDP (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)
- Gdp worldbank constant usd, annual growth rate 2.28 % change on previous year (2025)
- Taxes less subsidies on products (current LCU), per capita 321 current LCU per person (2024)
Frequently asked questions
- What is value added deflator (manufacturing) — value standard local currency in Marshall Islands?
- Value added deflator (manufacturing) — value standard local currency in Marshall Islands was 366.26 SLC in 2023, according to Food and Agriculture Organization of the United Nations.
- What is the highest value added deflator (manufacturing) — value standard local currency recorded in Marshall Islands?
- The highest recorded value was 720.43 SLC in 1998.
- What is the lowest value added deflator (manufacturing) — value standard local currency recorded in Marshall Islands?
- The lowest recorded value was 56.95 SLC in 2009.
- How does Marshall Islands rank for value added deflator (manufacturing) — value standard local currency?
- Marshall Islands ranks 12th out of 194 countries with data for 2023.
- Is value added deflator (manufacturing) — value standard local currency rising or falling in Marshall Islands?
- Over the last ten years it is up 153.8%. The long-run trend across the full record is volatile.
- Where does this Marshall Islands data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Value Added Deflator (Manufacturing) — Value Standard Local Currency, 2015 prices. Statizoid updates them automatically from the source API.
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About this data
The FAOSTAT Deflators database provides the following selection of price deflator series by country and at regional level: Gross Domestic Product deflator, Gross Fixed Capital Formation deflator, Manufacturing Value-Added deflator, and Agriculture, Forestry, Fishery Valued-Added deflator. In the FAOSTAT Deflators database, all series are derived from the United Nations Statistics Division (UNSD) National Accounts Analysis of Main Aggregates database (UNSD AMA). In particular, the implicit Gross Domestic Product deflator, the implicit Gross Fixed Capital Formation deflator, the implicit value added deflator of Agriculture, Forestry, Fishery and the implicit value added deflator of Manufacturing are obtained by dividing the series in current prices by those in constant 2015 prices (base year).