Manufacturing value added — all countries

Manufacturing value added — Marshall Islands

Manufacturing value added in the Marshall Islands in 2024 — 9,040,100 US$. Ranked 173 in the world out of 177. Since 1997, the indicator has risen by 439.4%.

2024 9.04M US$ +30.69% vs 2023
World rank 173of 177
Period maximum 11.46M US$2019
Period minimum 1.68M US$1997

Trend over time

1997–2024 · US$

Manufacturing value added — Marshall Islands, 1997–202405M10M15M19972000200320062009201220152018202120241997: 1,675,900 US$1998: 2,350,300 US$1999: 2,160,300 US$2000: 2,730,400 US$2001: 3,835,700 US$2002: 4,425,400 US$2003: 4,741,200 US$2004: 5,583,000 US$2005: 2,624,300 US$2006: 3,605,100 US$2007: 4,600,900 US$2008: 3,246,500 US$2009: 4,151,100 US$2010: 7,618,300 US$2011: 7,407,700 US$2012: 6,773,100 US$2013: 9,755,000 US$2014: 11,417,100 US$2015: 5,825,700 US$2016: 9,167,900 US$2017: 8,841,700 US$2018: 8,165,300 US$2019: 11,462,900 US$2020: 7,800,000 US$2021: 5,938,800 US$2022: 6,520,100 US$2023: 6,917,000 US$2024: 9,040,100 US$
Change over the period: +7.36M (+439.42%) Average annual rate: 6.44 %

Comparison, 2024

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

Marshall Islands 9.04M US$
World 16.62T US$
Upper-middle-income countries computed 6.44T US$
Manufacturing value added — Marshall Islands, by year Marshall Islands All countries CSV XLSX
Year US$ Change Change, %
2024 9.04M +2.12M +30.69%
2023 6.92M +396,900 +6.09%
2022 6.52M +581,300 +9.79%
2021 5.94M −1.86M −23.86%
2020 7.8M −3.66M −31.95%
2019 11.46M +3.3M +40.39%
2018 8.17M −676,400 −7.65%
2017 8.84M −326,200 −3.56%
2016 9.17M +3.34M +57.37%
2015 5.83M −5.59M −48.97%
2014 11.42M +1.66M +17.04%
2013 9.76M +2.98M +44.03%
2012 6.77M −634,600 −8.57%
2011 7.41M −210,600 −2.76%
2010 7.62M +3.47M +83.52%
2009 4.15M +904,600 +27.86%
2008 3.25M −1.35M −29.44%
2007 4.6M +995,800 +27.62%
2006 3.61M +980,800 +37.37%
2005 2.62M −2.96M −52.99%
2004 5.58M +841,800 +17.75%
2003 4.74M +315,800 +7.14%
2002 4.43M +589,700 +15.37%
2001 3.84M +1.11M +40.48%
2000 2.73M +570,100 +26.39%
1999 2.16M −190,000 −8.08%
1998 2.35M +674,400 +40.24%
1997 1.68M

Micronesia, 2024

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

About the indicator

Manufacturing value added in current US dollars — what plants and factories create, without mining, construction or energy. It is a subset of industry in the broad sense, and in absolute figures it is the measure by which industrial powers are identified: the top ten by this indicator differ from the list of the largest economies, and the divergence shows where an economy rests on production and where on services or raw materials.

Important: Part of industrial value added, not a quantity separate from it: the two indicators cannot be added together.

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