Value Added (Total Manufacturing) β Value Standard Local Currency in Marshall Islands
Marshall Islands: Value Added (Total Manufacturing) β Value Standard Local Currency was 9.53 million SLC in 2023. β Volatile
Value Added (Total Manufacturing) β Value Standard Local Currency in Marshall Islands, 1970β2023
Source: Food and Agriculture Organization of the United Nations. Measured in million SLC.
Analysis
In 2023, value added (total manufacturing) β value standard local currency in Marshall Islands stood at 9.53 million SLC.
That represents a change of down 0.6% on the previous year and down 2.2% over ten years.
Over the whole period, value added (total manufacturing) β value standard local currency in Marshall Islands peaked at 11.45 million SLC in 2019 and was at its lowest, 0.0654 million SLC, in 1970.
That places Marshall Islands 196th out of 199 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.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.1222 million SLC | 0.0654 million SLC | 0.1987 million SLC | 10 |
| 1980s | 0.3787 million SLC | 0.2078 million SLC | 0.569 million SLC | 10 |
| 1990s | 1.38 million SLC | 0.5723 million SLC | 2.42 million SLC | 10 |
| 2000s | 3.94 million SLC | 2.6 million SLC | 5.56 million SLC | 10 |
| 2010s | 8.63 million SLC | 5.8 million SLC | 11.45 million SLC | 10 |
| 2020s | 8.12 million SLC | 5.45 million SLC | 9.59 million SLC | 4 |
Countries ranked near Marshall Islands
More economy & growth data for Marshall Islands
- External balance on goods and services as a percent of gdp -43.83 (2025)
- Agriculture, forestry, and fishing, value added 45.31 million constant 2015 US$ (2024)
- Manufacturing, value added 9.04 million current LCU (2024)
- Manufacturing, value added 9.04 million current US$ (2024)
- Agriculture, forestry, and fishing, value added 45.31 million constant LCU (2024)
- Agriculture, forestry, and fishing, value added 21.5% (2024)
- Trade 115.9% (2025)
- External balance on goods and services -135.00 million current LCU (2025)
- External balance on goods and services -43.8% (2025)
- Manufacturing, value added 3.33 million constant 2015 US$ (2024)
Frequently asked questions
- What is value added (total manufacturing) β value standard local currency in Marshall Islands?
- Value added (total manufacturing) β value standard local currency in Marshall Islands was 9.53 million SLC in 2023, according to Food and Agriculture Organization of the United Nations.
- What is the highest value added (total manufacturing) β value standard local currency recorded in Marshall Islands?
- The highest recorded value was 11.45 million SLC in 2019.
- What is the lowest value added (total manufacturing) β value standard local currency recorded in Marshall Islands?
- The lowest recorded value was 0.0654 million SLC in 1970.
- How does Marshall Islands rank for value added (total manufacturing) β value standard local currency?
- Marshall Islands ranks 196th out of 199 countries with data for 2023.
- Is value added (total manufacturing) β 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 Food and Agriculture Organization of the United Nations, published as part of Value Added (Total Manufacturing) β Value Standard Local Currency. Statizoid updates them automatically from the source API.
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CSV Β· JSON β 54 observations, free to reuse under CC BY-NC-SA 3.0 IGO (FAO).
About this data
The FAOSTAT Macro Indicators database provides a selection of country-level macro indicators relating to total economy (Gross Domestic Product, Gross Fixed Capital Formation); agriculture activity; agriculture, forestry and fishing activity; total manufacturing activity; manufacturing of food products and beverages activity; manufacturing activity of tobacco products; and manufacturing activity of food, beverage and tobacco products.It releases time series for a selection of National Accounts variables, including gross domestic product, gross fixed capital formation, industry-level value added and gross output. The database also proposes additional indicators such as gross domestic product per capita, year-on-year growth rates and measures of industry contribution to gross domestic product. All data relating to Gross Domestic Product, Gross Fixed Capital Formation, agriculture, forestry and fishing activity, and to total manufacturing activity originates from the United Nations Statistics Division (UNSD) National Accounts Estimates of Main Aggregates database, which consists of a complete and consistent set of time series of the main National Accounts aggregates of all UN Members States and other territories in the world for which National Accounts information is available. The UNSD database's content is based on the countries' official National Accounts data reported to UNSD through the annual National Accounts Questionnaire, supplemented with data estimates for any years and countries with incomplete or inconsistent information (See http://unstats.un.org/unsd/snaama/Introduction.asp). Data series relating to the sub-industry Agriculture activity are obtained from the UNSD national accounts Official Country Data databases while series on the Manufacturing activity of food and beverages products, manufacturing activity of tobacco products and manufacturing activity of food, beverages and tobacco products originates from the United Nations Industrial Development Organization (UNIDO) INDSTAT2 database. In order to ensure that sub-industry series are consistent in levels with National Accounts based series, which is needed to support comparability across industries (agriculture vs. agro-industry and sub-industries), UNIDO originating series are rescaled on UNSD National Accounts Estimates of Main Aggregates data series (See Section 17.5 for a more detailed description of the data processing steps).