Agriculture, forestry, and fishing, value added (current US$) in Marshall Islands
Marshall Islands: Agriculture, forestry, and fishing, value added (current US$) was 56.82 million current US$ in 2024. ◆ Volatile
Agriculture, forestry, and fishing, value added in Marshall Islands, 1997–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current US$.
Analysis
In 2024, agriculture, forestry, and fishing, value added in Marshall Islands stood at 56.82 million current US$.
The figure is up 13.7% on the previous year and up 153.8% over ten years.
Over the whole period, agriculture, forestry, and fishing, value added in Marshall Islands peaked at 64.64 million current US$ in 2021 and was at its lowest, 8.40 million current US$, in 1998.
Marshall Islands ranks 189th of 206 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Agriculture, forestry, and fishing, value added (current US$) in Marshall Islands, year by year
| Year | current US$ | Change |
|---|---|---|
| 1997 | 9.48 million current US$ | — |
| 1998 | 8.40 million current US$ | -11.3% |
| 1999 | 9.03 million current US$ | +7.4% |
| 2000 | 9.24 million current US$ | +2.4% |
| 2001 | 9.08 million current US$ | -1.8% |
| 2002 | 8.51 million current US$ | -6.2% |
| 2003 | 9.01 million current US$ | +5.8% |
| 2004 | 9.59 million current US$ | +6.5% |
| 2005 | 9.83 million current US$ | +2.4% |
| 2006 | 10.12 million current US$ | +3.0% |
| 2007 | 11.05 million current US$ | +9.2% |
| 2008 | 12.91 million current US$ | +16.8% |
| 2009 | 14.47 million current US$ | +12.1% |
| 2010 | 17.05 million current US$ | +17.8% |
| 2011 | 23.92 million current US$ | +40.3% |
| 2012 | 32.20 million current US$ | +34.6% |
| 2013 | 29.56 million current US$ | -8.2% |
| 2014 | 22.39 million current US$ | -24.3% |
| 2015 | 22.82 million current US$ | +1.9% |
| 2016 | 25.68 million current US$ | +12.5% |
| 2017 | 33.83 million current US$ | +31.7% |
| 2018 | 35.81 million current US$ | +5.9% |
| 2019 | 42.41 million current US$ | +18.4% |
| 2020 | 48.13 million current US$ | +13.5% |
| 2021 | 64.64 million current US$ | +34.3% |
| 2022 | 53.25 million current US$ | -17.6% |
| 2023 | 49.95 million current US$ | -6.2% |
| 2024 | 56.82 million current US$ | +13.7% |
Marshall Islands compared with similar countries
- Marshall Islands's 56.82 million current US$ is below the median for upper middle income countries, which is 2.96 billion current US$, 2% of the median. (59 countries reporting)
- Marshall Islands's 56.82 million current US$ is below the median for East Asia & Pacific, which is 870.56 million current US$, 7% of the median. (31 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 8.97 million current US$ | 8.40 million current US$ | 9.48 million current US$ | 3 |
| 2000s | 10.38 million current US$ | 8.51 million current US$ | 14.47 million current US$ | 10 |
| 2010s | 28.57 million current US$ | 17.05 million current US$ | 42.41 million current US$ | 10 |
| 2020s | 54.56 million current US$ | 48.13 million current US$ | 64.64 million current US$ | 5 |
Countries ranked near Marshall Islands
- 186 Kiribati 79.49 million current US$ compare
- 187 Channel Islands 74.90 million current US$ compare
- 188 Seychelles 62.21 million current US$ compare
- 190 Saint Lucia 44.04 million current US$ compare
- 191 Saint Vincent and the Grenadines 43.14 million current US$ compare
- 192 Grenada 36.07 million current US$ compare
More agriculture & rural data for Marshall Islands
- Agriculture, forestry, and fishing, value added (current US$), annual 13.74 % change on previous year (2024)
- Agriculture, forestry, and fishing, value added (current US$), per 0.1994 current US$ per US$ of GDP (2024)
- Agriculture, forestry, and fishing, value added (current US$), per 1,513 current US$ per person (2024)
- Rural population, annual growth rate -5.06 % change on previous year (2025)
- Rural population, per unit of GDP 0 units per US$ of GDP (2025)
- Rural population, per capita 0.2089 units per person (2025)
- Share of GDP from agriculture 19.9% (2024)
- Agriculture as a share of GDP vs. GDP per capita 19.9% (2024)
- Rural population 20.9% (2025)
- Rural population growth -5.2% (2025)
Frequently asked questions
- What is agriculture, forestry, and fishing, value added in Marshall Islands?
- Agriculture, forestry, and fishing, value added in Marshall Islands was 56.82 million current US$ in 2024, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest agriculture, forestry, and fishing, value added recorded in Marshall Islands?
- The highest recorded value was 64.64 million current US$ in 2021.
- What is the lowest agriculture, forestry, and fishing, value added recorded in Marshall Islands?
- The lowest recorded value was 8.40 million current US$ in 1998.
- How does Marshall Islands rank for agriculture, forestry, and fishing, value added?
- Marshall Islands ranks 189th out of 206 countries with data for 2024.
- Is agriculture, forestry, and fishing, value added rising or falling in Marshall Islands?
- Over the last ten years it is up 153.8%. The long-run trend across the full record is volatile.
- Where does this Marshall Islands data come from?
- The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Agriculture, forestry, and fishing, value added (current US$). Statizoid updates them automatically from the source API.
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About this data
Agriculture, forestry, and fishing corresponds to ISIC (Rev. 4) divisions 01-03 and includes the exploitation of vegetal and animal natural resources, comprising the activities of growing of crops, raising and breeding of animals, harvesting of timber and other plants, animals or animal products from a farm or their natural habitats.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 current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.