Value Added (Total Manufacturing) — Value Standard Local Currency in Marshall Islands
Marshall Islands: Value Added (Total Manufacturing) — Value Standard Local Currency was 0 million SLC per US$ of GDP in 2023. ◆ Volatile
Value Added (Total Manufacturing) — Value Standard Local Currency in Marshall Islands, 1970–2023
Source: Statizoid (derived). Measured in million SLC per US$ of GDP.
Analysis
In 2023, value added (total manufacturing) — value standard local currency in Marshall Islands stood at 0 million SLC per US$ of GDP.
Compared with earlier readings it is down 3.2% on the previous year and down 72.8% over ten years.
Over the whole period, value added (total manufacturing) — value standard local currency in Marshall Islands peaked at 0 million SLC per US$ of GDP in 2010 and was at its lowest, 0 million SLC per US$ of GDP, in 1993.
That places Marshall Islands 187th out of 193 countries with data for 2023, putting it 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 US$ of GDP | Change |
|---|---|---|
| 1970 | 0 million SLC per US$ of GDP | — |
| 1971 | 0 million SLC per US$ of GDP | -5.6% |
| 1972 | 0 million SLC per US$ of GDP | -7.6% |
| 1973 | 0 million SLC per US$ of GDP | +15.1% |
| 1974 | 0 million SLC per US$ of GDP | -12.0% |
| 1975 | 0 million SLC per US$ of GDP | -8.8% |
| 1976 | 0 million SLC per US$ of GDP | -7.7% |
| 1977 | 0 million SLC per US$ of GDP | -8.0% |
| 1978 | 0 million SLC per US$ of GDP | -3.9% |
| 1979 | 0 million SLC per US$ of GDP | -11.2% |
| 1980 | 0 million SLC per US$ of GDP | -11.2% |
| 1981 | 0 million SLC per US$ of GDP | -8.4% |
| 1982 | 0 million SLC per US$ of GDP | -6.8% |
| 1983 | 0 million SLC per US$ of GDP | -3.3% |
| 1984 | 0 million SLC per US$ of GDP | -4.3% |
| 1985 | 0 million SLC per US$ of GDP | -3.1% |
| 1986 | 0 million SLC per US$ of GDP | -2.3% |
| 1987 | 0 million SLC per US$ of GDP | -4.4% |
| 1988 | 0 million SLC per US$ of GDP | -0.9% |
| 1989 | 0 million SLC per US$ of GDP | -5.7% |
| 1990 | 0 million SLC per US$ of GDP | -11.1% |
| 1991 | 0 million SLC per US$ of GDP | +12.8% |
| 1992 | 0 million SLC per US$ of GDP | -11.6% |
| 1993 | 0 million SLC per US$ of GDP | -22.8% |
| 1994 | 0 million SLC per US$ of GDP | +47.7% |
| 1995 | 0 million SLC per US$ of GDP | +106.8% |
| 1996 | 0 million SLC per US$ of GDP | -33.3% |
| 1997 | 0 million SLC per US$ of GDP | +10.0% |
| 1998 | 0 million SLC per US$ of GDP | -38.3% |
| 1999 | 0 million SLC per US$ of GDP | +495.0% |
| 2000 | 0 million SLC per US$ of GDP | +33.2% |
| 2001 | 0 million SLC per US$ of GDP | +22.8% |
| 2002 | 0 million SLC per US$ of GDP | -11.6% |
| 2003 | 0 million SLC per US$ of GDP | +46.9% |
| 2004 | 0 million SLC per US$ of GDP | +14.0% |
| 2005 | 0 million SLC per US$ of GDP | -80.8% |
| 2006 | 0 million SLC per US$ of GDP | +135.9% |
| 2007 | 0 million SLC per US$ of GDP | +64.5% |
| 2008 | 0 million SLC per US$ of GDP | -4.7% |
| 2009 | 0 million SLC per US$ of GDP | +61.0% |
| 2010 | 0 million SLC per US$ of GDP | +31.1% |
| 2011 | 0 million SLC per US$ of GDP | -9.1% |
| 2012 | 0 million SLC per US$ of GDP | -36.8% |
| 2013 | 0 million SLC per US$ of GDP | +0.4% |
| 2014 | 0 million SLC per US$ of GDP | +21.0% |
| 2015 | 0 million SLC per US$ of GDP | -27.9% |
| 2016 | 0 million SLC per US$ of GDP | -40.4% |
| 2017 | 0 million SLC per US$ of GDP | -30.2% |
| 2018 | 0 million SLC per US$ of GDP | +34.5% |
| 2019 | 0 million SLC per US$ of GDP | -11.3% |
| 2020 | 0 million SLC per US$ of GDP | -5.3% |
| 2021 | 0 million SLC per US$ of GDP | -27.7% |
| 2022 | 0 million SLC per US$ of GDP | -5.0% |
| 2023 | 0 million SLC per US$ of GDP | -3.2% |
Marshall Islands compared with similar countries
- Marshall Islands's 0 million SLC per US$ of GDP is below the median for upper middle income countries, which is 0 million SLC per US$ of GDP, 1% of the median. (54 countries reporting)
- Marshall Islands's 0 million SLC per US$ of GDP is below the median for East Asia & Pacific, which is 0 million SLC per US$ of GDP, 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 | +495.0% | 0 million SLC per US$ of GDP | 0 million SLC per US$ of GDP |
| 2006 | +135.9% | 0 million SLC per US$ of GDP | 0 million SLC per US$ of GDP |
| 1995 | +106.8% | 0 million SLC per US$ of GDP | 0 million SLC per US$ of GDP |
| 2005 | -80.8% | 0 million SLC per US$ of GDP | 0 million SLC per US$ of GDP |
| 2007 | +64.5% | 0 million SLC per US$ of GDP | 0 million SLC per US$ of GDP |
| 2009 | +61.0% | 0 million SLC per US$ of GDP | 0 million SLC per US$ of GDP |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0 million SLC per US$ of GDP | 0 million SLC per US$ of GDP | 0 million SLC per US$ of GDP | 10 |
| 1980s | 0 million SLC per US$ of GDP | 0 million SLC per US$ of GDP | 0 million SLC per US$ of GDP | 10 |
| 1990s | 0 million SLC per US$ of GDP | 0 million SLC per US$ of GDP | 0 million SLC per US$ of GDP | 10 |
| 2000s | 0 million SLC per US$ of GDP | 0 million SLC per US$ of GDP | 0 million SLC per US$ of GDP | 10 |
| 2010s | 0 million SLC per US$ of GDP | 0 million SLC per US$ of GDP | 0 million SLC per US$ of GDP | 10 |
| 2020s | 0 million SLC per US$ of GDP | 0 million SLC per US$ of GDP | 0 million SLC per US$ of GDP | 4 |
Countries ranked near Marshall Islands
- 184 Montenegro 0 million SLC per US$ of GDP compare
- 185 Kuwait 0 million SLC per US$ of GDP compare
- 186 East Timor 0 million SLC per US$ of GDP compare
- 188 Palau 0 million SLC per US$ of GDP compare
- 189 Cayman Islands 0 million SLC per US$ of GDP compare
- 190 Bahamas 0 million SLC per US$ of GDP 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 million SLC per US$ of GDP 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 million SLC per US$ of GDP in 2010.
- What is the lowest value added (total manufacturing) — value standard local currency recorded in Marshall Islands?
- The lowest recorded value was 0 million SLC per US$ of GDP in 1993.
- How does Marshall Islands rank for value added (total manufacturing) — value standard local currency?
- Marshall Islands ranks 187th out of 193 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 72.8%. 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 unit of GDP. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 54 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 GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Value Added (Total Manufacturing) — Value Standard Local Currency, 2015 prices ÷ GDP (current US$)
Computed from
- Value Added (Total Manufacturing) — Value Standard Local Currency Food and Agriculture Organization of the United Nations
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
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 GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.