Manufacturing, value added in Marshall Islands
Marshall Islands: Manufacturing, value added was 9.04 million current LCU in 2024. ▲ Rising
Manufacturing, value added in Marshall Islands, 1997–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current LCU.
Analysis
The most recent figure for manufacturing, value added in Marshall Islands is 9.04 million current LCU, measured in 2024.
The figure is up 30.7% on the previous year and down 20.8% over ten years.
Over the whole period, manufacturing, value added in Marshall Islands peaked at 11.46 million current LCU in 2019 and was at its lowest, 1.68 million current LCU, in 1997.
Marshall Islands ranks 199th of 204 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 28 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 2.06 million current LCU | 1.68 million current LCU | 2.35 million current LCU | 3 |
| 2000s | 3.95 million current LCU | 2.62 million current LCU | 5.58 million current LCU | 10 |
| 2010s | 8.64 million current LCU | 5.83 million current LCU | 11.46 million current LCU | 10 |
| 2020s | 7.24 million current LCU | 5.94 million current LCU | 9.04 million current LCU | 5 |
Countries ranked near Marshall Islands
- 196 Bermuda 28.52 million current LCU compare
- 197 Sint Maarten (Dutch part) 28.35 million current LCU compare
- 198 Kiribati 22.07 million current LCU compare
- 200 Turks and Caicos Islands 7.80 million current LCU compare
- 201 Palau 3.89 million current LCU compare
- 202 Micronesia (country) 2.41 million current LCU compare
More economy & growth data for Marshall Islands
- Exports of goods and services 90.49 million constant 2015 US$ (2024)
- Gross national expenditure 413.62 million current US$ (2024)
- Gross national expenditure 413.62 million current LCU (2024)
- Gross national expenditure 326.93 million constant 2015 US$ (2024)
- Industry (including construction), value added 28.56 million constant LCU (2024)
- Gross national expenditure 145.1% (2024)
- Exports of goods and services 111.00 million current US$ (2025)
- Exports of goods and services 111.00 million current LCU (2025)
- Gross fixed capital formation 65.14 million current LCU (2024)
- Gross fixed capital formation 65.14 million current US$ (2024)
Frequently asked questions
- What is manufacturing, value added in Marshall Islands?
- Manufacturing, value added in Marshall Islands was 9.04 million current LCU in 2024, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest manufacturing, value added recorded in Marshall Islands?
- The highest recorded value was 11.46 million current LCU in 2019.
- What is the lowest manufacturing, value added recorded in Marshall Islands?
- The lowest recorded value was 1.68 million current LCU in 1997.
- How does Marshall Islands rank for manufacturing, value added?
- Marshall Islands ranks 199th out of 204 countries with data for 2024.
- Is manufacturing, value added rising or falling in Marshall Islands?
- Over the last ten years it is down 20.8%. The long-run trend across the full record is rising.
- Where does this Marshall Islands data come from?
- The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Manufacturing, value added (current LCU). Statizoid updates them automatically from the source API.
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CSV · JSON — 28 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Manufacturing includes industries classified in ISIC (Rev. 3) major division C and is defined as the physical or chemical transformation of materials or components into new products. Value added is the contribution to the economy by a producer or an industry or an institutional sector, which is estimated by the total value of output produced and deducting the total value of intermediate consumption of goods and services used to produce that output. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.