Value Added (Total Manufacturing) — Value Standard Local Currency in Marshall Islands
Marshall Islands: Value Added (Total Manufacturing) — Value Standard Local Currency was 0.053 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
The most recent figure for value added (total manufacturing) — value standard local currency in Marshall Islands is 0.053 million SLC per square kilometre, measured in 2023.
The figure is down 0.6% on the previous year and down 2.2% over ten years.
Over the whole period, value added (total manufacturing) — value standard local currency in Marshall Islands peaked at 0.0636 million SLC per square kilometre in 2019 and was at its lowest, 0.0035 million SLC per square kilometre, in 1993.
That places Marshall Islands 171st out of 194 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 square kilometre | Change |
|---|---|---|
| 1991 | 0.004 million SLC per square kilometre | — |
| 1992 | 0.004 million SLC per square kilometre | +0.5% |
| 1993 | 0.0035 million SLC per square kilometre | -13.1% |
| 1994 | 0.0057 million SLC per square kilometre | +64.7% |
| 1995 | 0.0135 million SLC per square kilometre | +136.5% |
| 1996 | 0.0085 million SLC per square kilometre | -36.8% |
| 1997 | 0.0093 million SLC per square kilometre | +9.4% |
| 1998 | 0.0131 million SLC per square kilometre | +40.2% |
| 1999 | 0.012 million SLC per square kilometre | -8.1% |
| 2000 | 0.0152 million SLC per square kilometre | +26.4% |
| 2001 | 0.0213 million SLC per square kilometre | +40.5% |
| 2002 | 0.0246 million SLC per square kilometre | +15.4% |
| 2003 | 0.0263 million SLC per square kilometre | +7.1% |
| 2004 | 0.0309 million SLC per square kilometre | +17.2% |
| 2005 | 0.0144 million SLC per square kilometre | -53.2% |
| 2006 | 0.0197 million SLC per square kilometre | +36.7% |
| 2007 | 0.0254 million SLC per square kilometre | +28.6% |
| 2008 | 0.0179 million SLC per square kilometre | -29.4% |
| 2009 | 0.0229 million SLC per square kilometre | +27.9% |
| 2010 | 0.042 million SLC per square kilometre | +83.1% |
| 2011 | 0.041 million SLC per square kilometre | -2.3% |
| 2012 | 0.0376 million SLC per square kilometre | -8.4% |
| 2013 | 0.0542 million SLC per square kilometre | +44.1% |
| 2014 | 0.0633 million SLC per square kilometre | +16.9% |
| 2015 | 0.0322 million SLC per square kilometre | -49.1% |
| 2016 | 0.0509 million SLC per square kilometre | +57.8% |
| 2017 | 0.0491 million SLC per square kilometre | -3.5% |
| 2018 | 0.0453 million SLC per square kilometre | -7.7% |
| 2019 | 0.0636 million SLC per square kilometre | +40.4% |
| 2020 | 0.0439 million SLC per square kilometre | -30.9% |
| 2021 | 0.0303 million SLC per square kilometre | -31.0% |
| 2022 | 0.0533 million SLC per square kilometre | +75.9% |
| 2023 | 0.053 million SLC per square kilometre | -0.6% |
Marshall Islands compared with similar countries
- Marshall Islands's 0.053 million SLC per square kilometre is below the median for upper middle income countries, which is 0.9063 million SLC per square kilometre, 6% of the median. (54 countries reporting)
- Marshall Islands's 0.053 million SLC per square kilometre is below the median for East Asia & Pacific, which is 0.9982 million SLC per square kilometre, 5% of the median. (28 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.0082 million SLC per square kilometre | 0.0035 million SLC per square kilometre | 0.0135 million SLC per square kilometre | 9 |
| 2000s | 0.0219 million SLC per square kilometre | 0.0144 million SLC per square kilometre | 0.0309 million SLC per square kilometre | 10 |
| 2010s | 0.0479 million SLC per square kilometre | 0.0322 million SLC per square kilometre | 0.0636 million SLC per square kilometre | 10 |
| 2020s | 0.0451 million SLC per square kilometre | 0.0303 million SLC per square kilometre | 0.0533 million SLC per square kilometre | 4 |
Countries ranked near Marshall Islands
- 168 Zambia 0.0636 million SLC per square kilometre compare
- 169 Fiji 0.0627 million SLC per square kilometre compare
- 170 Ecuador 0.0596 million SLC per square kilometre compare
- 172 Panama 0.0526 million SLC per square kilometre compare
- 173 Samoa 0.0463 million SLC per square kilometre compare
- 174 Solomon Islands 0.0449 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 0.053 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 0.0636 million SLC per square kilometre in 2019.
- What is the lowest value added (total manufacturing) — value standard local currency recorded in Marshall Islands?
- The lowest recorded value was 0.0035 million SLC per square kilometre in 1993.
- How does Marshall Islands rank for value added (total manufacturing) — value standard local currency?
- Marshall Islands ranks 171st 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 2.2%. 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, 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 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 ÷ 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 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.