Industry value added — all countries

Industry value added — Marshall Islands

Industry value added in the Marshall Islands in 2024 — 38,225,300 US$. Ranked 186 in the world out of 188. Since 1997, the indicator has risen by 250.1%.

2024 38.23M US$ +24.04% vs 2023
World rank 186of 188
Period maximum 38.23M US$2024
Period minimum 10.92M US$1997

Trend over time

1997–2024 · US$

Industry value added — Marshall Islands, 1997–2024010M20M30M40M19972000200320062009201220152018202120241997: 10,918,600 US$1998: 14,638,400 US$1999: 15,629,000 US$2000: 14,627,400 US$2001: 13,003,000 US$2002: 19,473,600 US$2003: 15,308,300 US$2004: 13,688,800 US$2005: 11,209,400 US$2006: 16,291,800 US$2007: 19,956,600 US$2008: 18,651,200 US$2009: 20,606,100 US$2010: 23,557,500 US$2011: 23,324,900 US$2012: 24,118,800 US$2013: 25,880,400 US$2014: 27,107,300 US$2015: 20,756,000 US$2016: 30,869,300 US$2017: 27,807,300 US$2018: 26,837,100 US$2019: 33,577,600 US$2020: 32,269,100 US$2021: 29,248,500 US$2022: 24,813,300 US$2023: 30,816,700 US$2024: 38,225,300 US$
Change over the period: +27.31M (+250.09%) Average annual rate: 4.75 %

Comparison, 2024

How the value compares with the world and the groups this territory belongs to: Marshall Islands

Marshall Islands 38.23M US$
World 28.4T US$
East Asia & Pacific 10.82T US$
Upper-middle-income countries computed 10.2T US$
Industry value added — Marshall Islands, by year Marshall Islands All countries CSV XLSX
Year US$ Change Change, %
2024 38.23M +7.41M +24.04%
2023 30.82M +6M +24.19%
2022 24.81M −4.44M −15.16%
2021 29.25M −3.02M −9.36%
2020 32.27M −1.31M −3.9%
2019 33.58M +6.74M +25.12%
2018 26.84M −970,200 −3.49%
2017 27.81M −3.06M −9.92%
2016 30.87M +10.11M +48.72%
2015 20.76M −6.35M −23.43%
2014 27.11M +1.23M +4.74%
2013 25.88M +1.76M +7.3%
2012 24.12M +793,900 +3.4%
2011 23.32M −232,600 −0.99%
2010 23.56M +2.95M +14.32%
2009 20.61M +1.95M +10.48%
2008 18.65M −1.31M −6.54%
2007 19.96M +3.66M +22.49%
2006 16.29M +5.08M +45.34%
2005 11.21M −2.48M −18.11%
2004 13.69M −1.62M −10.58%
2003 15.31M −4.17M −21.39%
2002 19.47M +6.47M +49.76%
2001 13M −1.62M −11.11%
2000 14.63M −1M −6.41%
1999 15.63M +990,600 +6.77%
1998 14.64M +3.72M +34.07%
1997 10.92M

Micronesia, 2024

The same indicator for neighboring countries — with links to their pages

About the indicator

Industrial value added in current US dollars. In the international classification industry means mining, manufacturing, electricity, water supply and construction — that is, broader than the word usually implies. Value added is output minus intermediate consumption, which is why the output of sectors cannot be summed while value added can: the sum over all sectors is GDP.

Important: It includes construction and mining, so a high share in commodity countries does not come from factories. For factories proper there is a separate indicator, manufacturing.

Source: World Development Indicators (World Bank), license CC BY 4.0.