Marshall Islands - Agriculture

Agriculture, value added (current US$)

The latest value for Agriculture, value added (current US$) in Marshall Islands was $53,200,000 as of 2020. Over the past 23 years, the value for this indicator has fluctuated between $53,200,000 in 2020 and $8,401,300 in 1998.

Definition: Agriculture corresponds to ISIC divisions 1-5 and includes forestry, hunting, and fishing, as well as cultivation of crops and livestock production. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3 or 4. Data are in current U.S. dollars.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1997 $9,476,000
1998 $8,401,300
1999 $9,026,900
2000 $9,244,400
2001 $9,076,400
2002 $8,511,500
2003 $9,005,900
2004 $9,593,400
2005 $9,826,800
2006 $10,120,200
2007 $11,052,700
2008 $12,911,900
2009 $14,696,000
2010 $18,632,600
2011 $22,844,200
2012 $32,215,400
2013 $30,111,900
2014 $20,184,000
2015 $22,101,400
2016 $25,372,800
2017 $32,633,800
2018 $36,625,200
2019 $48,253,500
2020 $53,200,000

Agriculture, value added (current LCU)

The value for Agriculture, value added (current LCU) in Marshall Islands was 53,200,000 as of 2020. As the graph below shows, over the past 23 years this indicator reached a maximum value of 53,200,000 in 2020 and a minimum value of 8,401,300 in 1998.

Definition: Agriculture corresponds to ISIC divisions 1-5 and includes forestry, hunting, and fishing, as well as cultivation of crops and livestock production. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3 or 4. Data are in current local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1997 9,476,000
1998 8,401,300
1999 9,026,900
2000 9,244,400
2001 9,076,400
2002 8,511,500
2003 9,005,900
2004 9,593,400
2005 9,826,800
2006 10,120,200
2007 11,052,700
2008 12,911,900
2009 14,696,000
2010 18,632,600
2011 22,844,200
2012 32,215,400
2013 30,111,900
2014 20,184,000
2015 22,101,400
2016 25,372,800
2017 32,633,800
2018 36,625,200
2019 48,253,500
2020 53,200,000

Agriculture, value added (constant 2010 US$)

The latest value for Agriculture, value added (constant 2010 US$) in Marshall Islands was 30,600,000 as of 2020. Over the past 23 years, the value for this indicator has fluctuated between 30,600,000 in 2020 and 12,383,300 in 2002.

Definition: Agriculture corresponds to ISIC divisions 1-5 and includes forestry, hunting, and fishing, as well as cultivation of crops and livestock production. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3 or 4. Data are in constant 2010 U.S. dollars.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1997 14,184,800
1998 13,600,100
1999 13,245,100
2000 13,644,000
2001 14,138,600
2002 12,383,300
2003 13,053,800
2004 13,677,200
2005 13,644,100
2006 13,656,900
2007 14,531,800
2008 15,298,200
2009 16,245,700
2010 18,134,400
2011 18,911,200
2012 22,016,500
2013 22,126,500
2014 20,809,200
2015 22,101,400
2016 21,700,300
2017 22,130,400
2018 23,078,100
2019 30,391,900
2020 30,600,000

Agriculture, value added (annual % growth)

The value for Agriculture, value added (annual % growth) in Marshall Islands was 0.68 as of 2020. As the graph below shows, over the past 22 years this indicator reached a maximum value of 31.69 in 2019 and a minimum value of -12.41 in 2002.

Definition: Annual growth rate for agricultural value added based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. Agriculture corresponds to ISIC divisions 1-5 and includes forestry, hunting, and fishing, as well as cultivation of crops and livestock production. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3 or 4.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1998 -4.12
1999 -2.61
2000 3.01
2001 3.63
2002 -12.41
2003 5.41
2004 4.78
2005 -0.24
2006 0.09
2007 6.41
2008 5.27
2009 6.19
2010 11.63
2011 4.28
2012 16.42
2013 0.50
2014 -5.95
2015 6.21
2016 -1.81
2017 1.98
2018 4.28
2019 31.69
2020 0.68

Agriculture, value added (constant LCU)

The value for Agriculture, value added (constant LCU) in Marshall Islands was 30,600,000 as of 2020. As the graph below shows, over the past 23 years this indicator reached a maximum value of 30,600,000 in 2020 and a minimum value of 12,383,300 in 2002.

Definition: Agriculture corresponds to ISIC divisions 1-5 and includes forestry, hunting, and fishing, as well as cultivation of crops and livestock production. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3 or 4. Data are in constant local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1997 14,184,800
1998 13,600,100
1999 13,245,100
2000 13,644,000
2001 14,138,600
2002 12,383,300
2003 13,053,800
2004 13,677,200
2005 13,644,100
2006 13,656,900
2007 14,531,800
2008 15,298,200
2009 16,245,700
2010 18,134,400
2011 18,911,200
2012 22,016,500
2013 22,126,500
2014 20,809,200
2015 22,101,400
2016 21,700,300
2017 22,130,400
2018 23,078,100
2019 30,391,900
2020 30,600,000

Agriculture, value added (% of GDP)

Agriculture, value added (% of GDP) in Marshall Islands was 21.76 as of 2020. Its highest value over the past 23 years was 21.76 in 2020, while its lowest value was 6.46 in 2002.

Definition: Agriculture corresponds to ISIC divisions 1-5 and includes forestry, hunting, and fishing, as well as cultivation of crops and livestock production. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3 or 4.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1997 8.56
1998 7.48
1999 7.90
2000 8.01
2001 7.39
2002 6.46
2003 6.85
2004 7.24
2005 7.20
2006 7.15
2007 7.45
2008 8.50
2009 9.81
2010 11.62
2011 13.27
2012 17.85
2013 16.29
2014 11.08
2015 12.02
2016 12.59
2017 15.31
2018 16.53
2019 20.15
2020 21.76

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts