Value Added (Total Manufacturing) β€” Value US$ in Marshall Islands

Marshall Islands: Value Added (Total Manufacturing) β€” Value US$ was 9.53 million USD in 2023. β—† Volatile

Latest (2023)
9.53 million USD
Change on year
down 0.6%
World rank
213th
of 220 countries
All-time high
11.45 million USD
in 2019
All-time low
0.0654 million USD
in 1970
Years of data
54
1970–2023

Value Added (Total Manufacturing) β€” Value US$ in Marshall Islands, 1970–2023

02.557.51012.5197019962023

Source: Food and Agriculture Organization of the United Nations. Measured in million USD.

Analysis

The most recent figure for value added (total manufacturing) β€” value us$ in Marshall Islands is 9.53 million USD, 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) β€” value us$ in Marshall Islands peaked at 11.45 million USD in 2019 and was at its lowest, 0.0654 million USD, in 1970.

That places Marshall Islands 213th out of 220 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

DecadeAverage LowestHighest Years
1970s 0.1222 million USD 0.0654 million USD 0.1987 million USD 10
1980s 0.3787 million USD 0.2078 million USD 0.569 million USD 10
1990s 1.38 million USD 0.5723 million USD 2.42 million USD 10
2000s 3.94 million USD 2.6 million USD 5.56 million USD 10
2010s 8.63 million USD 5.8 million USD 11.45 million USD 10
2020s 8.12 million USD 5.45 million USD 9.59 million USD 4

Countries ranked near Marshall Islands

  1. 210 Sint Maarten (Dutch part) 18.57 million USD compare
  2. 211 Dominica 18.43 million USD compare
  3. 212 Kiribati 13.61 million USD compare
  4. 214 Anguilla 8.91 million USD compare
  5. 215 Turks and Caicos Islands 8.63 million USD compare
  6. 216 Cook Islands 6.85 million USD compare

See the full ranking of 252 places β†’

More economy & growth data for Marshall Islands

All data for Marshall Islands β†’

Frequently asked questions

What is value added (total manufacturing) β€” value us$ in Marshall Islands?
Value added (total manufacturing) β€” value us$ in Marshall Islands was 9.53 million USD in 2023, according to Food and Agriculture Organization of the United Nations.
What is the highest value added (total manufacturing) β€” value us$ recorded in Marshall Islands?
The highest recorded value was 11.45 million USD in 2019.
What is the lowest value added (total manufacturing) β€” value us$ recorded in Marshall Islands?
The lowest recorded value was 0.0654 million USD in 1970.
How does Marshall Islands rank for value added (total manufacturing) β€” value us$?
Marshall Islands ranks 213th out of 220 countries with data for 2023.
Is value added (total manufacturing) β€” value us$ 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 US$. Statizoid updates them automatically from the source API.

Download this data

CSV Β· JSON β€” 54 observations, free to reuse under CC BY-NC-SA 3.0 IGO (FAO).

About this data

Indicator
Value Added (Total Manufacturing) β€” Value US$
Unit
million USD
Source
Food and Agriculture Organization of the United Nations
Licence
CC BY-NC-SA 3.0 IGO (FAO)
Coverage
252 places, 12,511 data points, 1970–2023
Last refreshed

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).