🇲🇭 Marshall Islands Manufacturing, value added

Marshall Islands Manufacturing, value added was $3.33M in 2024, down 4.3% from 2023, according to World Bank data. The 10-year average is $3.65M. Historical data available from 1997 to 2024 (28 data points). The all-time high was $10.19M in 2010.

Source: World Bank World Development Indicators • 1997202428 data pointsEconomy & Growth

Latest Value
$3.33M
2024
Year-on-Year
-4.3%
vs 2023
10-Year Average
$3.65M
20152024
Range
High: $10.19M (2010)
Low: 326,206 (1998)

Marshall Islands Manufacturing, value added (constant 2015 US$)1997 to 2024

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About this Indicator

Manufacturing includes industries classified in ISIC (Rev. 3) major division C and is defined as the physical or chemical tranformation 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 constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2015. This indicator is expressed in United States dollars.

Historical Data Table

YearValue
2024$3.33M
2023$3.48M
2022$3.15M
2021$3.00M
2020$3.57M
2019$3.66M
2018$3.90M
2017$2.81M
2016$3.81M
2015$5.83M

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