Marshall Islands - Industry
Industry, value added (current US$)
The latest value for Industry, value added (current US$) in Marshall Islands was $31,300,000 as of 2020. Over the past 23 years, the value for this indicator has fluctuated between $33,667,200 in 2019 and $10,918,300 in 1997.
Definition: Industry corresponds to ISIC divisions 10-45 and includes manufacturing (ISIC divisions 15-37). It comprises value added in mining, manufacturing (also reported as a separate subgroup), construction, electricity, water, and gas. 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 | $10,918,300 |
| 1998 | $14,638,200 |
| 1999 | $15,628,800 |
| 2000 | $14,627,300 |
| 2001 | $13,002,800 |
| 2002 | $19,473,700 |
| 2003 | $15,592,200 |
| 2004 | $13,688,300 |
| 2005 | $11,208,800 |
| 2006 | $16,290,100 |
| 2007 | $19,952,700 |
| 2008 | $19,204,800 |
| 2009 | $19,992,300 |
| 2010 | $21,902,200 |
| 2011 | $24,660,500 |
| 2012 | $24,238,200 |
| 2013 | $24,093,300 |
| 2014 | $26,158,400 |
| 2015 | $22,129,100 |
| 2016 | $31,590,300 |
| 2017 | $28,313,300 |
| 2018 | $27,059,500 |
| 2019 | $33,667,200 |
| 2020 | $31,300,000 |
Industry, value added (current LCU)
The value for Industry, value added (current LCU) in Marshall Islands was 31,300,000 as of 2020. As the graph below shows, over the past 23 years this indicator reached a maximum value of 33,667,200 in 2019 and a minimum value of 10,918,300 in 1997.
Definition: Industry corresponds to ISIC divisions 10-45 and includes manufacturing (ISIC divisions 15-37). It comprises value added in mining, manufacturing (also reported as a separate subgroup), construction, electricity, water, and gas. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3. Data are in current local currency.
Source: World Bank national accounts data, and OECD National Accounts data files.
| Year | Value |
|---|---|
| 1997 | 10,918,300 |
| 1998 | 14,638,200 |
| 1999 | 15,628,800 |
| 2000 | 14,627,300 |
| 2001 | 13,002,800 |
| 2002 | 19,473,700 |
| 2003 | 15,592,200 |
| 2004 | 13,688,300 |
| 2005 | 11,208,800 |
| 2006 | 16,290,100 |
| 2007 | 19,952,700 |
| 2008 | 19,204,800 |
| 2009 | 19,992,300 |
| 2010 | 21,902,200 |
| 2011 | 24,660,500 |
| 2012 | 24,238,200 |
| 2013 | 24,093,300 |
| 2014 | 26,158,400 |
| 2015 | 22,129,100 |
| 2016 | 31,590,300 |
| 2017 | 28,313,300 |
| 2018 | 27,059,500 |
| 2019 | 33,667,200 |
| 2020 | 31,300,000 |
Industry, value added (constant 2010 US$)
The latest value for Industry, value added (constant 2010 US$) in Marshall Islands was 25,310,750 as of 2020. Over the past 23 years, the value for this indicator has fluctuated between 32,400,700 in 2010 and 16,295,400 in 1997.
Definition: Industry corresponds to ISIC divisions 10-45 and includes manufacturing (ISIC divisions 15-37). It comprises value added in mining, manufacturing (also reported as a separate subgroup), construction, electricity, water, and gas. 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 2010 U.S. dollars.
Source: World Bank national accounts data, and OECD National Accounts data files.
See also:
| Year | Value |
|---|---|
| 1997 | 16,295,400 |
| 1998 | 19,908,600 |
| 1999 | 21,001,600 |
| 2000 | 20,541,100 |
| 2001 | 22,070,700 |
| 2002 | 24,002,100 |
| 2003 | 21,420,400 |
| 2004 | 26,687,100 |
| 2005 | 22,034,500 |
| 2006 | 29,776,100 |
| 2007 | 28,564,200 |
| 2008 | 25,343,300 |
| 2009 | 26,982,400 |
| 2010 | 32,400,700 |
| 2011 | 31,024,200 |
| 2012 | 22,503,300 |
| 2013 | 25,438,100 |
| 2014 | 25,414,100 |
| 2015 | 22,129,100 |
| 2016 | 21,498,600 |
| 2017 | 21,349,990 |
| 2018 | 23,044,300 |
| 2019 | 26,552,800 |
| 2020 | 25,310,750 |
Industry, value added (annual % growth)
The value for Industry, value added (annual % growth) in Marshall Islands was -4.68 as of 2020. As the graph below shows, over the past 22 years this indicator reached a maximum value of 35.13 in 2006 and a minimum value of -27.47 in 2012.
Definition: Annual growth rate for industrial value added based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. Industry corresponds to ISIC divisions 10-45 and includes manufacturing (ISIC divisions 15-37). It comprises value added in mining, manufacturing (also reported as a separate subgroup), construction, electricity, water, and gas. 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 | 22.17 |
| 1999 | 5.49 |
| 2000 | -2.19 |
| 2001 | 7.45 |
| 2002 | 8.75 |
| 2003 | -10.76 |
| 2004 | 24.59 |
| 2005 | -17.43 |
| 2006 | 35.13 |
| 2007 | -4.07 |
| 2008 | -11.28 |
| 2009 | 6.47 |
| 2010 | 20.08 |
| 2011 | -4.25 |
| 2012 | -27.47 |
| 2013 | 13.04 |
| 2014 | -0.09 |
| 2015 | -12.93 |
| 2016 | -2.85 |
| 2017 | -0.69 |
| 2018 | 7.94 |
| 2019 | 15.23 |
| 2020 | -4.68 |
Industry, value added (constant LCU)
The value for Industry, value added (constant LCU) in Marshall Islands was 25,310,750 as of 2020. As the graph below shows, over the past 23 years this indicator reached a maximum value of 32,400,700 in 2010 and a minimum value of 16,295,400 in 1997.
Definition: Industry corresponds to ISIC divisions 10-45 and includes manufacturing (ISIC divisions 15-37). It comprises value added in mining, manufacturing (also reported as a separate subgroup), construction, electricity, water, and gas. 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 | 16,295,400 |
| 1998 | 19,908,600 |
| 1999 | 21,001,600 |
| 2000 | 20,541,100 |
| 2001 | 22,070,700 |
| 2002 | 24,002,100 |
| 2003 | 21,420,400 |
| 2004 | 26,687,100 |
| 2005 | 22,034,500 |
| 2006 | 29,776,100 |
| 2007 | 28,564,200 |
| 2008 | 25,343,300 |
| 2009 | 26,982,400 |
| 2010 | 32,400,700 |
| 2011 | 31,024,200 |
| 2012 | 22,503,300 |
| 2013 | 25,438,100 |
| 2014 | 25,414,100 |
| 2015 | 22,129,100 |
| 2016 | 21,498,600 |
| 2017 | 21,349,990 |
| 2018 | 23,044,300 |
| 2019 | 26,552,800 |
| 2020 | 25,310,750 |
Industry, value added (% of GDP)
Industry, value added (% of GDP) in Marshall Islands was 12.80 as of 2020. Its highest value over the past 23 years was 15.68 in 2016, while its lowest value was 8.21 in 2005.
Definition: Industry corresponds to ISIC divisions 10-45 and includes manufacturing (ISIC divisions 15-37). It comprises value added in mining, manufacturing (also reported as a separate subgroup), construction, electricity, water, and gas. 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 or 4.
Source: World Bank national accounts data, and OECD National Accounts data files.
See also:
| Year | Value |
|---|---|
| 1997 | 9.86 |
| 1998 | 13.04 |
| 1999 | 13.67 |
| 2000 | 12.68 |
| 2001 | 10.59 |
| 2002 | 14.78 |
| 2003 | 11.87 |
| 2004 | 10.34 |
| 2005 | 8.21 |
| 2006 | 11.51 |
| 2007 | 13.45 |
| 2008 | 12.64 |
| 2009 | 13.35 |
| 2010 | 13.65 |
| 2011 | 14.32 |
| 2012 | 13.43 |
| 2013 | 13.03 |
| 2014 | 14.36 |
| 2015 | 12.04 |
| 2016 | 15.68 |
| 2017 | 13.28 |
| 2018 | 12.21 |
| 2019 | 14.06 |
| 2020 | 12.80 |
Classification
Topic: Economic Policy & Debt Indicators
Sub-Topic: National accounts
