Marshall Islands - Manufacturing

Manufacturing, value added (current US$)

The latest value for Manufacturing, value added (current US$) in Marshall Islands was $8,400,000 as of 2020. Over the past 23 years, the value for this indicator has fluctuated between $11,279,700 in 2019 and $1,675,800 in 1997.

Definition: Manufacturing refers to industries belonging to ISIC divisions 15-37. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3. Data are in current U.S. dollars.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1997 $1,675,800
1998 $2,350,200
1999 $2,160,100
2000 $2,730,300
2001 $3,835,500
2002 $4,425,300
2003 $5,025,100
2004 $5,557,100
2005 $2,599,600
2006 $3,552,100
2007 $4,566,000
2008 $3,781,800
2009 $3,519,300
2010 $5,918,000
2011 $8,748,900
2012 $6,989,900
2013 $8,058,800
2014 $10,428,800
2015 $7,147,500
2016 $9,836,600
2017 $9,294,600
2018 $8,343,000
2019 $11,279,700
2020 $8,400,000

Manufacturing, value added (current LCU)

The value for Manufacturing, value added (current LCU) in Marshall Islands was 8,400,000 as of 2020. As the graph below shows, over the past 23 years this indicator reached a maximum value of 11,279,700 in 2019 and a minimum value of 1,675,800 in 1997.

Definition: Manufacturing refers to industries belonging to ISIC divisions 15-37. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3. Data are in current local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1997 1,675,800
1998 2,350,200
1999 2,160,100
2000 2,730,300
2001 3,835,500
2002 4,425,300
2003 5,025,100
2004 5,557,100
2005 2,599,600
2006 3,552,100
2007 4,566,000
2008 3,781,800
2009 3,519,300
2010 5,918,000
2011 8,748,900
2012 6,989,900
2013 8,058,800
2014 10,428,800
2015 7,147,500
2016 9,836,600
2017 9,294,600
2018 8,343,000
2019 11,279,700
2020 8,400,000

Manufacturing, value added (constant 2010 US$)

The latest value for Manufacturing, value added (constant 2010 US$) in Marshall Islands was 4,200,000 as of 2020. Over the past 23 years, the value for this indicator has fluctuated between 13,453,600 in 2010 and 228,800 in 1998.

Definition: Manufacturing refers to industries belonging to ISIC divisions 15-37. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3. Data are expressed constant 2010 U.S. dollars.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1997 364,500
1998 228,800
1999 1,377,600
2000 1,859,300
2001 2,434,700
2002 2,321,500
2003 3,389,300
2004 5,575,800
2005 1,111,000
2006 2,720,200
2007 4,702,000
2008 4,774,600
2009 8,447,500
2010 13,453,600
2011 12,616,400
2012 7,889,500
2013 8,562,300
2014 10,287,600
2015 7,147,500
2016 5,314,000
2017 3,843,400
2018 5,035,500
2019 4,946,700
2020 4,200,000

Manufacturing, value added (annual % growth)

The value for Manufacturing, value added (annual % growth) in Marshall Islands was -15.09 as of 2020. As the graph below shows, over the past 22 years this indicator reached a maximum value of 502.10 in 1999 and a minimum value of -80.07 in 2005.

Definition: Annual growth rate for manufacturing value added based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. Manufacturing refers to industries belonging to ISIC divisions 15-37. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1998 -37.23
1999 502.10
2000 34.97
2001 30.95
2002 -4.65
2003 46.00
2004 64.51
2005 -80.07
2006 144.84
2007 72.85
2008 1.54
2009 76.93
2010 59.26
2011 -6.22
2012 -37.47
2013 8.53
2014 20.15
2015 -30.52
2016 -25.65
2017 -27.67
2018 31.02
2019 -1.76
2020 -15.09

Manufacturing, value added (constant LCU)

The value for Manufacturing, value added (constant LCU) in Marshall Islands was 4,200,000 as of 2020. As the graph below shows, over the past 23 years this indicator reached a maximum value of 13,453,600 in 2010 and a minimum value of 228,800 in 1998.

Definition: Manufacturing refers to industries belonging to ISIC divisions 15-37. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3. Data are in constant local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1997 364,500
1998 228,800
1999 1,377,600
2000 1,859,300
2001 2,434,700
2002 2,321,500
2003 3,389,300
2004 5,575,800
2005 1,111,000
2006 2,720,200
2007 4,702,000
2008 4,774,600
2009 8,447,500
2010 13,453,600
2011 12,616,400
2012 7,889,500
2013 8,562,300
2014 10,287,600
2015 7,147,500
2016 5,314,000
2017 3,843,400
2018 5,035,500
2019 4,946,700
2020 4,200,000

Manufacturing, value added (% of GDP)

Manufacturing, value added (% of GDP) in Marshall Islands was 3.44 as of 2020. Its highest value over the past 23 years was 5.73 in 2014, while its lowest value was 1.51 in 1997.

Definition: Manufacturing refers to industries belonging to ISIC divisions 15-37. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3. Note: For VAB countries, gross value added at factor cost is used as the denominator.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1997 1.51
1998 2.09
1999 1.89
2000 2.37
2001 3.12
2002 3.36
2003 3.82
2004 4.20
2005 1.90
2006 2.51
2007 3.08
2008 2.49
2009 2.35
2010 3.69
2011 5.08
2012 3.87
2013 4.36
2014 5.73
2015 3.89
2016 4.88
2017 4.36
2018 3.77
2019 4.71
2020 3.44

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts