Value Added (Total Manufacturing) — Value Standard Local Currency in Marshall Islands
Marshall Islands: Value Added (Total Manufacturing) — Value Standard Local Currency was 0.0145 million SLC per square kilometre in 2023. ◆ Volatile
Value Added (Total Manufacturing) — Value Standard Local Currency in Marshall Islands, 1991–2023
Source: Statizoid (derived). Measured in million SLC per square kilometre.
Analysis
In 2023, value added (total manufacturing) — value standard local currency in Marshall Islands stood at 0.0145 million SLC per square kilometre.
That represents a change of down 1.3% on the previous year and down 61.5% over ten years.
Over the whole period, value added (total manufacturing) — value standard local currency in Marshall Islands peaked at 0.0562 million SLC per square kilometre in 2010 and was at its lowest, 0.0012 million SLC per square kilometre, in 1993.
Marshall Islands ranks 179th of 194 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Value Added (Total Manufacturing) — Value Standard Local Currency in Marshall Islands, year by year
| Year | million SLC per square kilometre | Change |
|---|---|---|
| 1991 | 0.0014 million SLC per square kilometre | — |
| 1992 | 0.0014 million SLC per square kilometre | -2.5% |
| 1993 | 0.0012 million SLC per square kilometre | -15.7% |
| 1994 | 0.0019 million SLC per square kilometre | +60.4% |
| 1995 | 0.0043 million SLC per square kilometre | +130.1% |
| 1996 | 0.0026 million SLC per square kilometre | -38.5% |
| 1997 | 0.0029 million SLC per square kilometre | +9.0% |
| 1998 | 0.0018 million SLC per square kilometre | -37.1% |
| 1999 | 0.0109 million SLC per square kilometre | +501.8% |
| 2000 | 0.0147 million SLC per square kilometre | +35.0% |
| 2001 | 0.0193 million SLC per square kilometre | +30.9% |
| 2002 | 0.0184 million SLC per square kilometre | -4.6% |
| 2003 | 0.0268 million SLC per square kilometre | +46.0% |
| 2004 | 0.031 million SLC per square kilometre | +15.5% |
| 2005 | 0.0062 million SLC per square kilometre | -80.1% |
| 2006 | 0.0151 million SLC per square kilometre | +144.8% |
| 2007 | 0.0261 million SLC per square kilometre | +72.9% |
| 2008 | 0.0243 million SLC per square kilometre | -7.2% |
| 2009 | 0.0403 million SLC per square kilometre | +66.0% |
| 2010 | 0.0562 million SLC per square kilometre | +39.6% |
| 2011 | 0.0547 million SLC per square kilometre | -2.8% |
| 2012 | 0.0362 million SLC per square kilometre | -33.7% |
| 2013 | 0.0375 million SLC per square kilometre | +3.6% |
| 2014 | 0.0453 million SLC per square kilometre | +20.7% |
| 2015 | 0.0322 million SLC per square kilometre | -28.8% |
| 2016 | 0.0211 million SLC per square kilometre | -34.5% |
| 2017 | 0.0156 million SLC per square kilometre | -26.1% |
| 2018 | 0.0216 million SLC per square kilometre | +38.5% |
| 2019 | 0.0203 million SLC per square kilometre | -6.1% |
| 2020 | 0.0199 million SLC per square kilometre | -1.6% |
| 2021 | 0.0156 million SLC per square kilometre | -21.9% |
| 2022 | 0.0146 million SLC per square kilometre | -5.9% |
| 2023 | 0.0145 million SLC per square kilometre | -1.3% |
Marshall Islands compared with similar countries
- Marshall Islands's 0.0145 million SLC per square kilometre is below the median for upper middle income countries, which is 0.4142 million SLC per square kilometre, 3% of the median. (54 countries reporting)
- Marshall Islands's 0.0145 million SLC per square kilometre is below the median for East Asia & Pacific, which is 0.8607 million SLC per square kilometre, 2% of the median. (28 countries reporting)
Biggest year-on-year movements
Years where Value Added (Total Manufacturing) — Value Standard Local Currency in Marshall Islands changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1999 | +501.8% | 0.0018 million SLC per square kilometre | 0.0109 million SLC per square kilometre |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.0032 million SLC per square kilometre | 0.0012 million SLC per square kilometre | 0.0109 million SLC per square kilometre | 9 |
| 2000s | 0.0222 million SLC per square kilometre | 0.0062 million SLC per square kilometre | 0.0403 million SLC per square kilometre | 10 |
| 2010s | 0.0341 million SLC per square kilometre | 0.0156 million SLC per square kilometre | 0.0562 million SLC per square kilometre | 10 |
| 2020s | 0.0161 million SLC per square kilometre | 0.0145 million SLC per square kilometre | 0.0199 million SLC per square kilometre | 4 |
Countries ranked near Marshall Islands
- 176 Sudan 0.0168 million SLC per square kilometre compare
- 177 Mauritania 0.0165 million SLC per square kilometre compare
- 178 Belize 0.0145 million SLC per square kilometre compare
- 180 Australia 0.0135 million SLC per square kilometre compare
- 181 Suriname 0.0126 million SLC per square kilometre compare
- 182 Montenegro 0.0122 million SLC per square kilometre 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)
- 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 value added (total manufacturing) — value standard local currency in Marshall Islands?
- Value added (total manufacturing) — value standard local currency in Marshall Islands was 0.0145 million SLC per square kilometre in 2023, according to Statizoid (derived).
- What is the highest value added (total manufacturing) — value standard local currency recorded in Marshall Islands?
- The highest recorded value was 0.0562 million SLC per square kilometre in 2010.
- What is the lowest value added (total manufacturing) — value standard local currency recorded in Marshall Islands?
- The lowest recorded value was 0.0012 million SLC per square kilometre in 1993.
- How does Marshall Islands rank for value added (total manufacturing) — value standard local currency?
- Marshall Islands ranks 179th out of 194 countries with data for 2023.
- Is value added (total manufacturing) — value standard local currency rising or falling in Marshall Islands?
- Over the last ten years it is down 61.5%. 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 Value Added (Total Manufacturing) — Value Standard Local Currency, 2015 prices, per square kilometre. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 33 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Value Added (Total Manufacturing) — Value Standard Local Currency, 2015 prices divided by Land area (sq. km), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Value Added (Total Manufacturing) — Value Standard Local Currency, 2015 prices ÷ Land area (sq. km)
Computed from
- Value Added (Total Manufacturing) — Value Standard Local Currency Food and Agriculture Organization of the United Nations
- Land area FAOSTAT, Food and Agriculture Organization of the United Nations (FAO)
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
Value Added (Total Manufacturing) — Value Standard Local Currency, 2015 prices divided by Land area (sq. km), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.