Agriculture, forestry, and fishing, value added in Marshall Islands
Marshall Islands: Agriculture, forestry, and fishing, value added was 45.31 million constant LCU in 2024. ◆ Volatile
Agriculture, forestry, and fishing, value added in Marshall Islands, 1997–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant LCU.
Analysis
Marshall Islands recorded 45.31 million constant LCU for agriculture, forestry, and fishing, value added in 2024.
That represents a change of up 21.5% on the previous year and up 110.3% over ten years.
Over the whole period, agriculture, forestry, and fishing, value added in Marshall Islands peaked at 50.68 million constant LCU in 2021 and was at its lowest, 12.39 million constant LCU, in 2002.
That places Marshall Islands 187th out of 197 countries with data for 2024, putting it 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 in Marshall Islands, year by year
| Year | constant LCU | Change |
|---|---|---|
| 1997 | 14.19 million constant LCU | — |
| 1998 | 13.60 million constant LCU | -4.1% |
| 1999 | 13.25 million constant LCU | -2.6% |
| 2000 | 13.65 million constant LCU | +3.0% |
| 2001 | 14.14 million constant LCU | +3.6% |
| 2002 | 12.39 million constant LCU | -12.4% |
| 2003 | 13.06 million constant LCU | +5.4% |
| 2004 | 13.68 million constant LCU | +4.8% |
| 2005 | 13.64 million constant LCU | -0.2% |
| 2006 | 13.66 million constant LCU | +0.1% |
| 2007 | 14.53 million constant LCU | +6.4% |
| 2008 | 15.30 million constant LCU | +5.3% |
| 2009 | 16.37 million constant LCU | +7.0% |
| 2010 | 18.67 million constant LCU | +14.0% |
| 2011 | 19.67 million constant LCU | +5.3% |
| 2012 | 22.99 million constant LCU | +16.9% |
| 2013 | 22.96 million constant LCU | -0.1% |
| 2014 | 21.54 million constant LCU | -6.2% |
| 2015 | 22.82 million constant LCU | +5.9% |
| 2016 | 24.53 million constant LCU | +7.5% |
| 2017 | 26.02 million constant LCU | +6.1% |
| 2018 | 31.46 million constant LCU | +20.9% |
| 2019 | 48.59 million constant LCU | +54.5% |
| 2020 | 45.50 million constant LCU | -6.4% |
| 2021 | 50.68 million constant LCU | +11.4% |
| 2022 | 42.86 million constant LCU | -15.4% |
| 2023 | 37.28 million constant LCU | -13.0% |
| 2024 | 45.31 million constant LCU | +21.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 13.68 million constant LCU | 13.25 million constant LCU | 14.19 million constant LCU | 3 |
| 2000s | 14.04 million constant LCU | 12.39 million constant LCU | 16.37 million constant LCU | 10 |
| 2010s | 25.93 million constant LCU | 18.67 million constant LCU | 48.59 million constant LCU | 10 |
| 2020s | 44.33 million constant LCU | 37.28 million constant LCU | 50.68 million constant LCU | 5 |
Countries ranked near Marshall Islands
- 184 Antigua and Barbuda 66.44 million constant LCU compare
- 185 Micronesia, Federated States of 64.42 million constant LCU compare
- 186 Channel Islands 60.26 million constant LCU compare
- 188 Bahrain 44.47 million constant LCU compare
- 189 Saint Kitts and Nevis 22.96 million constant LCU compare
- 190 Cayman Islands 19.77 million constant LCU compare
More economy & growth data for Marshall Islands
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 1.5 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 0.6305 Percent per annum (2029)
- Gdp worldbank constant usd, annual growth rate 2.28 % change on previous year (2025)
- Manufacturing value added to gdp, per capita 0.0001 units per person (2024)
- Gdp worldbank constant usd, per capita 6,174 units per person (2025)
- Gdp worldbank constant usd, per unit of GDP 0.7273 units per US$ of GDP (2025)
- External balance on goods and services as a percent of GDP -43.8% (2025)
- GDP per capita 6,174 constant 2015 US$ (2025)
- Manufacturing value added to gdp, per unit of GDP 0 units per US$ of GDP (2024)
- Gross fixed capital formation 65.14 million current LCU (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 45.31 million constant LCU 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 50.68 million constant LCU in 2021.
- What is the lowest agriculture, forestry, and fishing, value added recorded in Marshall Islands?
- The lowest recorded value was 12.39 million constant LCU in 2002.
- How does Marshall Islands rank for agriculture, forestry, and fishing, value added?
- Marshall Islands ranks 187th 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 110.3%. 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 (constant LCU). 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 constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment varies by country. This series is expressed in local currency units.