Manufacturing share of GDP — all countries

Manufacturing share of GDP — Marshall Islands

Manufacturing share of GDP in the Marshall Islands in 2024 — 3.2%. Ranked 161 in the world out of 178. Since 1997, the indicator has risen by 1.6 pp.

2024 3.2% +0.6 pp vs 2023
World rank 161of 178
Period maximum 6.1%2014
Period minimum 1.5%1997

Trend over time

1997–2024 · % of GDP

Manufacturing share of GDP — Marshall Islands, 1997–20240246819972000200320062009201220152018202120241997: 1.5%1998: 2.1%1999: 1.9%2000: 2.4%2001: 3.1%2002: 3.4%2003: 3.6%2004: 4.2%2005: 1.9%2006: 2.5%2007: 3.1%2008: 2.2%2009: 2.7%2010: 4.7%2011: 4.3%2012: 3.7%2013: 5.2%2014: 6.1%2015: 3.2%2016: 4.5%2017: 4.1%2018: 3.7%2019: 4.9%2020: 3.2%2021: 2.3%2022: 2.5%2023: 2.6%2024: 3.2%
Change over the period: +1.6 pp Annual average: 0.06 pp

Comparison, 2024

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

Marshall Islands 3.2%
World 14.9%
Manufacturing share of GDP — Marshall Islands, by year Marshall Islands All countries CSV XLSX
Year % Change, pp
2024 3.2 +0.6 pp
2023 2.6 +0.1 pp
2022 2.5 +0.2 pp
2021 2.3 −1 pp
2020 3.2 −1.7 pp
2019 4.9 +1.2 pp
2018 3.7 −0.4 pp
2017 4.1 −0.4 pp
2016 4.5 +1.4 pp
2015 3.2 −3 pp
2014 6.1 +0.9 pp
2013 5.2 +1.5 pp
2012 3.7 −0.6 pp
2011 4.3 −0.4 pp
2010 4.7 +2 pp
2009 2.7 +0.5 pp
2008 2.2 −0.8 pp
2007 3.1 +0.5 pp
2006 2.5 +0.6 pp
2005 1.9 −2.3 pp
2004 4.2 +0.6 pp
2003 3.6 +0.3 pp
2002 3.4 +0.2 pp
2001 3.1 +0.8 pp
2000 2.4 +0.5 pp
1999 1.9 −0.2 pp
1998 2.1 +0.6 pp
1997 1.5

Micronesia, 2024

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

About the indicator

The share of manufacturing value added in GDP. This is the cleanest indicator of an industrial base: unlike the share of industry as a whole it excludes mining and construction. A rising share usually accompanies industrialization, while its decline in advanced countries marks the shift to a service economy.

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