Agriculture, forestry, and fishing, value added (current LCU) in Marshall Islands
Marshall Islands: Agriculture, forestry, and fishing, value added (current LCU) was 56.82 million current 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 current LCU.
Analysis
Marshall Islands recorded 56.82 million current LCU for agriculture, forestry, and fishing, value added in 2024.
That represents a change of 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 LCU in 2021 and was at its lowest, 8.40 million current LCU, in 1998.
That places Marshall Islands 192nd out of 206 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 (current LCU) in Marshall Islands, year by year
| Year | current LCU | Change |
|---|---|---|
| 1997 | 9.48 million current LCU | — |
| 1998 | 8.40 million current LCU | -11.3% |
| 1999 | 9.03 million current LCU | +7.4% |
| 2000 | 9.24 million current LCU | +2.4% |
| 2001 | 9.08 million current LCU | -1.8% |
| 2002 | 8.51 million current LCU | -6.2% |
| 2003 | 9.01 million current LCU | +5.8% |
| 2004 | 9.59 million current LCU | +6.5% |
| 2005 | 9.83 million current LCU | +2.4% |
| 2006 | 10.12 million current LCU | +3.0% |
| 2007 | 11.05 million current LCU | +9.2% |
| 2008 | 12.91 million current LCU | +16.8% |
| 2009 | 14.47 million current LCU | +12.1% |
| 2010 | 17.05 million current LCU | +17.8% |
| 2011 | 23.92 million current LCU | +40.3% |
| 2012 | 32.20 million current LCU | +34.6% |
| 2013 | 29.56 million current LCU | -8.2% |
| 2014 | 22.39 million current LCU | -24.3% |
| 2015 | 22.82 million current LCU | +1.9% |
| 2016 | 25.68 million current LCU | +12.5% |
| 2017 | 33.83 million current LCU | +31.7% |
| 2018 | 35.81 million current LCU | +5.9% |
| 2019 | 42.41 million current LCU | +18.4% |
| 2020 | 48.13 million current LCU | +13.5% |
| 2021 | 64.64 million current LCU | +34.3% |
| 2022 | 53.25 million current LCU | -17.6% |
| 2023 | 49.95 million current LCU | -6.2% |
| 2024 | 56.82 million current LCU | +13.7% |
Marshall Islands compared with similar countries
- Marshall Islands's 56.82 million current LCU is below the median for upper middle income countries, which is 62.39 billion current LCU, 0% of the median. (59 countries reporting)
- Marshall Islands's 56.82 million current LCU is below the median for East Asia & Pacific, which is 18.04 billion current LCU, 0% of the median. (31 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 8.97 million current LCU | 8.40 million current LCU | 9.48 million current LCU | 3 |
| 2000s | 10.38 million current LCU | 8.51 million current LCU | 14.47 million current LCU | 10 |
| 2010s | 28.57 million current LCU | 17.05 million current LCU | 42.41 million current LCU | 10 |
| 2020s | 54.56 million current LCU | 48.13 million current LCU | 64.64 million current LCU | 5 |
Countries ranked near Marshall Islands
- 189 Antigua and Barbuda 93.80 million current LCU compare
- 190 Bahamas 81.50 million current LCU compare
- 191 Channel Islands 60.26 million current LCU compare
- 193 Bahrain 44.29 million current LCU compare
- 194 Saint Kitts and Nevis 41.21 million current LCU compare
- 195 Cayman Islands 29.29 million current LCU 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)
- SDRs holdings, US dollar, annual growth rate 4.97 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0342 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 290.63 units per person (2025)
- SDRs holdings, SDR, annual growth rate -0.0384 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.025 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 212.21 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 5.01 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0202 units per US$ of GDP (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 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 64.64 million current LCU 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 LCU in 1998.
- How does Marshall Islands rank for agriculture, forestry, and fishing, value added?
- Marshall Islands ranks 192nd 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 Organizations and/or Central Banks, published as part of Agriculture, forestry, and fishing, value added (current 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 current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.