Marshall Islands GDP from Industry

Industry (including construction) value added as a share of GDP.

GDP from Industry in the Marshall Islands increased to 13.41 percent of GDP in 2024 from 11.67 percent of GDP in 2023.

13.4%
▲ +1.7 pp2024 · previous 11.7%Annual · percent of GDP · Source: World Bank — World Development Indicators

Marshall Islands GDP from Industry — History

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Marshall Islands GDP from Industry — analysis in simple words

Latest reading

GDP from Industry in the Marshall Islands increased to 13.41 percent of GDP in 2024 from 11.67 percent of GDP in 2023.

Over the last three years it rose twice and fell once.

Recent trend

A year earlier (2023) it was 11.7%, so the latest figure is 1.7 percentage points higher.

Over the past five years the average was 11.8%, with a range from 9.6% to 13.4%. The latest value is above that five-year average.

Historical context

This data series starts in 1997 and has 28 annual observations. The latest reading is higher than 64% of all of them.

The highest value on record is 15.3% (2016) and the lowest is 8.1% (2005). The long-run average is 12.5%.

Compared with other countries

Among 202 economies with recent data, Marshall Islands ranks 169th from the top. The median across all these economies is 23.6%, so Marshall Islands is below the typical country.

Within East Asia & Pacific (31 economies with data) it ranks 22nd; the regional median is 23.4%.

Statistics

Latest
13.4%2024
Previous
11.7%
5-year average
11.8%
Long-run average
12.5%since 1997
All-time high
15.3%2016
All-time low
8.1%2005
Observations
28Annual

Recent Data

PeriodValueChange
202413.4%▲ +1.7 pp
202311.7%▲ +2.1 pp
20229.6%▼ −1.6 pp
202111.2%▼ −2.1 pp
202013.3%▼ −1.1 pp
201914.4%▲ +2.2 pp
201812.2%▼ −0.8 pp
201713.0%▼ −2.3 pp
201615.3%▲ +4.0 pp
201511.3%▼ −3.3 pp
201414.6%▲ +0.7 pp
201313.9%▲ +0.5 pp
201213.3%▼ −0.2 pp
201113.5%▼ −1.1 pp
201014.6%▲ +1.0 pp
200913.6%▲ +0.9 pp
200812.7%▼ −0.5 pp
200713.3%▲ +1.9 pp
200611.4%▲ +3.3 pp
20058.1%▼ −2.2 pp
200410.3%▼ −1.4 pp
200311.7%▼ −3.1 pp
200214.8%▲ +4.1 pp
200110.6%▼ −2.1 pp
200012.7%▼ −1.1 pp
199913.8%▲ +0.7 pp
199813.1%▲ +3.1 pp
19979.9%

GDP from Industry — Marshall Islands vs Peers

Latest available reading for each economy (periods may differ). Marshall Islands highlighted.

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More Marshall Islands indicators

Understanding GDP from Industry — a simple guide

What it measures

Value added by industry — mining, manufacturing, construction, electricity, water and gas — as a share of GDP.

How it is calculated

Value added by mining, manufacturing, construction and utilities ÷ GDP × 100.

Simple example

A share of 25% means a quarter of output comes from industry.

▲ When it is high or rising

A higher share links the economy more closely to global demand and commodity prices.

▼ When it is low or falling

A lower share usually means services dominate.

Why it matters for the economy and markets

Industry is often more cyclical than services and more sensitive to global demand and commodity prices.

How to read it

Compare with manufacturing alone to separate factory output from mining and construction.

Data source

World Bank — World Development Indicators (series NV.IND.TOTL.ZS), annual data from 1997 to 2024. Values are shown exactly as published by the source and may be revised later.

How to use the chart

Use the 5Y / 10Y / 25Y / Max buttons to change the time range, or drag the slider under the chart. Hover (or tap) on the line to see the exact value for any period. Dashed lines and hatched bars are IMF projections, not actual data. The “Download CSV” button gives you the full data series.

Frequently asked questions

What is the current gdp from industry of Marshall Islands?
Marshall Islands gdp from industry was 13.4% in 2024, compared with 11.7% in the previous period, according to World Bank — World Development Indicators.
What is the highest and lowest gdp from industry of Marshall Islands?
Since 1997, the highest reading was 15.3% (2016) and the lowest was 8.1% (2005).
What does gdp from industry measure?
Value added by industry — mining, manufacturing, construction, electricity, water and gas — as a share of GDP.

Data are sourced from official international organisations (IMF, World Bank, BIS) and national authorities, and are shown for educational and informational purposes only. They are not investment advice and no recommendation is made. Figures may be revised by the source; IMF figures for the current and future years are projections. This page was last updated on Saturday, October 17, 2026.