Value Added (Total Manufacturing) — Value US$, 2015 prices (2015) in Marshall Islands
Marshall Islands: Value Added (Total Manufacturing) — Value US$, 2015 prices (2015) was 2.6 million USD in 2023. ◆ Volatile
Value Added (Total Manufacturing) — Value US$, 2015 prices in Marshall Islands, 1970–2023
Source: Food and Agriculture Organization of the United Nations. Measured in million USD.
Analysis
In 2023, value added (total manufacturing) — value us$, 2015 prices in Marshall Islands stood at 2.6 million USD.
Compared with earlier readings it is down 1.3% on the previous year and down 61.5% over ten years.
Over the whole period, value added (total manufacturing) — value us$, 2015 prices in Marshall Islands peaked at 10.12 million USD in 2010 and was at its lowest, 0.075 million USD, in 1970.
That places Marshall Islands 233rd out of 236 countries with data for 2023, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Value Added (Total Manufacturing) — Value US$, 2015 prices (2015) in Marshall Islands, year by year
| Year | million USD | Change |
|---|---|---|
| 1970 | 0.075 million USD | — |
| 1971 | 0.0767 million USD | +2.3% |
| 1972 | 0.0775 million USD | +1.1% |
| 1973 | 0.1038 million USD | +33.9% |
| 1974 | 0.1197 million USD | +15.3% |
| 1975 | 0.1198 million USD | +0.1% |
| 1976 | 0.1202 million USD | +0.4% |
| 1977 | 0.1232 million USD | +2.4% |
| 1978 | 0.1301 million USD | +5.6% |
| 1979 | 0.1329 million USD | +2.1% |
| 1980 | 0.1233 million USD | -7.2% |
| 1981 | 0.1312 million USD | +6.4% |
| 1982 | 0.1376 million USD | +4.9% |
| 1983 | 0.1591 million USD | +15.6% |
| 1984 | 0.1646 million USD | +3.5% |
| 1985 | 0.1551 million USD | -5.8% |
| 1986 | 0.1933 million USD | +24.6% |
| 1987 | 0.2079 million USD | +7.6% |
| 1988 | 0.2312 million USD | +11.2% |
| 1989 | 0.2244 million USD | -2.9% |
| 1990 | 0.215 million USD | -4.2% |
| 1991 | 0.2549 million USD | +18.6% |
| 1992 | 0.2485 million USD | -2.5% |
| 1993 | 0.2095 million USD | -15.7% |
| 1994 | 0.3362 million USD | +60.4% |
| 1995 | 0.7735 million USD | +130.1% |
| 1996 | 0.4757 million USD | -38.5% |
| 1997 | 0.5186 million USD | +9.0% |
| 1998 | 0.3262 million USD | -37.1% |
| 1999 | 1.96 million USD | +501.8% |
| 2000 | 2.65 million USD | +35.0% |
| 2001 | 3.47 million USD | +30.9% |
| 2002 | 3.31 million USD | -4.6% |
| 2003 | 4.83 million USD | +46.0% |
| 2004 | 5.58 million USD | +15.5% |
| 2005 | 1.11 million USD | -80.1% |
| 2006 | 2.72 million USD | +144.8% |
| 2007 | 4.71 million USD | +72.9% |
| 2008 | 4.37 million USD | -7.2% |
| 2009 | 7.25 million USD | +66.0% |
| 2010 | 10.12 million USD | +39.6% |
| 2011 | 9.84 million USD | -2.8% |
| 2012 | 6.52 million USD | -33.7% |
| 2013 | 6.75 million USD | +3.6% |
| 2014 | 8.15 million USD | +20.7% |
| 2015 | 5.8 million USD | -28.8% |
| 2016 | 3.8 million USD | -34.5% |
| 2017 | 2.81 million USD | -26.1% |
| 2018 | 3.89 million USD | +38.5% |
| 2019 | 3.65 million USD | -6.1% |
| 2020 | 3.59 million USD | -1.6% |
| 2021 | 2.8 million USD | -21.9% |
| 2022 | 2.64 million USD | -5.9% |
| 2023 | 2.6 million USD | -1.3% |
Marshall Islands compared with similar countries
- Marshall Islands's 2.6 million USD is below the median for upper middle income countries, which is 4,090 million USD, 0% of the median. (54 countries reporting)
- Marshall Islands's 2.6 million USD is below the median for East Asia & Pacific, which is 1,228 million USD, 0% of the median. (28 countries reporting)
Biggest year-on-year movements
Years where Value Added (Total Manufacturing) — Value US$, 2015 prices (2015) in Marshall Islands changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1999 | +501.8% | 0.3262 million USD | 1.96 million USD |
| 2006 | +144.8% | 1.11 million USD | 2.72 million USD |
| 1995 | +130.1% | 0.3362 million USD | 0.7735 million USD |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.1079 million USD | 0.075 million USD | 0.1329 million USD | 10 |
| 1980s | 0.1728 million USD | 0.1233 million USD | 0.2312 million USD | 10 |
| 1990s | 0.5321 million USD | 0.2095 million USD | 1.96 million USD | 10 |
| 2000s | 4 million USD | 1.11 million USD | 7.25 million USD | 10 |
| 2010s | 6.13 million USD | 2.81 million USD | 10.12 million USD | 10 |
| 2020s | 2.91 million USD | 2.6 million USD | 3.59 million USD | 4 |
Countries ranked near Marshall Islands
- 230 Turks and Caicos Islands 5.44 million USD compare
- 231 Cook Islands 4.11 million USD compare
- 232 Montserrat 3 million USD compare
- 234 Palau 2.48 million USD compare
- 235 Micronesia (Federated States of) 2.05 million USD compare
- 236 Tuvalu 0.0507 million USD compare
More economy & growth data for Marshall Islands
- Real gdp growth, annual growth rate 157.02 % change on previous year (2024)
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 0.6305 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 1.5 Percent per annum (2029)
- SDRs holdings, US dollar, annual growth rate 4.97 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0342 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 290.63 units per person (2025)
- SDRs holdings, SDR, annual growth rate -0.0384 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.025 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 212.21 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 5.01 % change on previous year (2025)
Frequently asked questions
- What is value added (total manufacturing) — value us$, 2015 prices in Marshall Islands?
- Value added (total manufacturing) — value us$, 2015 prices in Marshall Islands was 2.6 million USD in 2023, according to Food and Agriculture Organization of the United Nations.
- What is the highest value added (total manufacturing) — value us$, 2015 prices recorded in Marshall Islands?
- The highest recorded value was 10.12 million USD in 2010.
- What is the lowest value added (total manufacturing) — value us$, 2015 prices recorded in Marshall Islands?
- The lowest recorded value was 0.075 million USD in 1970.
- How does Marshall Islands rank for value added (total manufacturing) — value us$, 2015 prices?
- Marshall Islands ranks 233rd out of 236 countries with data for 2023.
- Is value added (total manufacturing) — value us$, 2015 prices 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 Food and Agriculture Organization of the United Nations, published as part of Value Added (Total Manufacturing) — Value US$, 2015 prices. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 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).