Agriculture, forestry, and fishing, value added in Marshall Islands
Marshall Islands: Agriculture, forestry, and fishing, value added was 21.5% in 2024. ◆ Volatile
Agriculture, forestry, and fishing, value added in Marshall Islands, 1998–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in annual % growth.
Analysis
In 2024, agriculture, forestry, and fishing, value added in Marshall Islands stood at 21.5%.
The figure is up 265.2% on the previous year and up 447.9% over ten years.
Over the whole period, agriculture, forestry, and fishing, value added in Marshall Islands peaked at 54.5% in 2019 and was at its lowest, -15.4%, in 2022.
That places Marshall Islands 8th out of 197 countries with data for 2024, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Agriculture, forestry, and fishing, value added in Marshall Islands, year by year
| Year | annual % growth | Change |
|---|---|---|
| 1998 | -4.1% | — |
| 1999 | -2.6% | -36.6% |
| 2000 | 3.0% | -215.7% |
| 2001 | 3.6% | +20.3% |
| 2002 | -12.4% | -442.5% |
| 2003 | 5.4% | -143.5% |
| 2004 | 4.8% | -11.9% |
| 2005 | -0.2% | -105.1% |
| 2006 | 0.1% | -138.9% |
| 2007 | 6.4% | +6730.3% |
| 2008 | 5.3% | -17.8% |
| 2009 | 7.0% | +33.7% |
| 2010 | 14.0% | +99.4% |
| 2011 | 5.3% | -62.1% |
| 2012 | 16.9% | +217.7% |
| 2013 | -0.1% | -100.6% |
| 2014 | -6.2% | +5549.4% |
| 2015 | 5.9% | -195.9% |
| 2016 | 7.5% | +26.1% |
| 2017 | 6.1% | -18.7% |
| 2018 | 20.9% | +243.0% |
| 2019 | 54.5% | +160.9% |
| 2020 | -6.4% | -111.7% |
| 2021 | 11.4% | -279.1% |
| 2022 | -15.4% | -235.6% |
| 2023 | -13.0% | -15.5% |
| 2024 | 21.5% | -265.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | -3.4% | -4.1% | -2.6% | 2 |
| 2000s | 2.3% | -12.4% | 7.0% | 10 |
| 2010s | 12.5% | -6.2% | 54.5% | 10 |
| 2020s | -0.4% | -15.4% | 21.5% | 5 |
Countries ranked near Marshall Islands
- 5 Aruba 25.0% compare
- 6 Maldives 22.6% compare
- 7 South Sudan 21.6% compare
- 9 Bahamas 21.0% compare
- 10 South Africa 17.4% compare
- 11 Cayman Islands 16.2% compare
More economy & growth data for Marshall Islands
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 0.6305 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 1.5 Percent per annum (2029)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 13.36 million BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual 46.01 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0469 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 355.78 BoP, current US$ per person (2024)
- General government final consumption expenditure (current US$) 2.99 % change on previous year (2024)
- General government final consumption expenditure (current US$), per 0.5453 current US$ per US$ of GDP (2024)
- General government final consumption expenditure (current US$), per 4,139 current US$ per person (2024)
- General government final consumption expenditure (current LCU) 2.99 % change on previous year (2024)
Frequently asked questions
- What is agriculture, forestry, and fishing, value added in Marshall Islands?
- Agriculture, forestry, and fishing, value added in Marshall Islands was 21.5% in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest agriculture, forestry, and fishing, value added recorded in Marshall Islands?
- The highest recorded value was 54.5% in 2019.
- What is the lowest agriculture, forestry, and fishing, value added recorded in Marshall Islands?
- The lowest recorded value was -15.4% in 2022.
- How does Marshall Islands rank for agriculture, forestry, and fishing, value added?
- Marshall Islands ranks 8th out of 197 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 447.9%. 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 Organizations and/or Central Banks, published as part of Agriculture, forestry, and fishing, value added (annual % growth). 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 denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.