OECD members's agriculture, forestry, and fishing, value added (current US$) was US$977.64 billion in 2024, the latest year in the World Bank's World Development Indicators. That is up 25.12% from US$781.36 billion in 2014 (2.27% a year on average, compounded).
Key figures
| Value | Year | |
|---|---|---|
| Latest | US$977.64 billion | 2024 |
| Five years earlier | US$725.18 billion | 2019 |
| Ten years earlier | US$781.36 billion | 2014 |
| Highest | US$977.64 billion | 2024 |
| Lowest | US$459.71 billion | 2001 |
| Average since 2015 | US$796.2 billion | 2015–2024 |
| First recorded | US$565.96 billion |
What the numbers say
In 2024, OECD members' agriculture, forestry, and fishing, value added (current US$) rose 4% on 2023 (from US$940.14 billion to US$977.64 billion).
Across the 28 yearly changes before that (1996 to 2023), the average change was +2.1% and a typical year strayed about 7.6% from that (the standard deviation). This year's change was 0.3 standard deviations above that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
On record, the biggest yearly rise was 15.3% in 2004 and the biggest yearly fall was 11.6% in 2009. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
From 2015 to 2024 the straight-line trend is upward, about US$31.28 billion a year. A straight line explains 85% of the movement over 10 observed years.
Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.
How it compares
See how every economy compares in the full ranking.
| Value | Year | |
|---|---|---|
| OECD members | US$977.64 billion | 2024 |
| World | US$4.75 trillion | 2025 |
What this measures
Agriculture, forestry, and fishing corresponds to ISIC (Rev. 4) divisions 01-03 and includes the exploitation of vegetal and animal natural resources, comprising the activities of growing of crops, raising and breeding of animals, harvesting of timber and other plants, animals or animal products from a farm or their natural habitats.Value added is the contribution to the economy by a producer or an industry or an institutional sector, which is estimated by the total value of output produced and deducting the total value of intermediate consumption of goods and services used to produce that output. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.
Limitations: Among the difficulties faced by compilers of national accounts is the extent of unreported economic activity in the informal or secondary economy. In developing countries a large share of agricultural output is either not exchanged (because it is consumed within the household) or not exchanged for money. Agricultural production often must be estimated indirectly, using a combination of methods involving estimates of inputs, yields, and area under cultivation. This approach sometimes leads to crude approximations that can differ from the true values over time and across crops for reasons other than climate conditions or farming techniques.
Regional and income-group figures are computed by the World Bank as a gap-filled total.
All 30 values
| Year | Agriculture, forestry, and fishing, value added (current US$) |
|---|---|
| 2024 | 977,643,639,311 |
| 2023 | 940,143,927,642 |
| 2022 | 876,173,605,052 |
| 2021 | 822,728,031,618 |
| 2020 | 743,029,464,739 |
| 2019 | 725,180,337,849 |
| 2018 | 741,635,539,722 |
| 2017 | 744,315,569,187 |
| 2016 | 690,958,240,025 |
| 2015 | 700,166,142,771 |
Agriculture, forestry, and fishing, value added (current US$) in nearby economies
- Afghanistan — US$6.1 billion (2024)
- Algeria — US$41.65 billion (2025)
- Bahrain — US$117.8 million (2025)
- Djibouti — US$105.07 million (2025)
- Egypt, Arab Rep. — US$60.46 billion (2025)
- Iran, Islamic Rep. — US$38.42 billion (2025)
- Iraq — US$8.68 billion (2025)
- Israel — US$6.97 billion (2024)
- Jordan — US$3.43 billion (2025)
More economic policy & debt data for OECD members
- Portfolio equity, net inflows (BoP, current US$) — US$1.84 trillion (2025)
- GDP (current US$) — US$72.54 trillion (2025)
- GDP (constant 2015 US$) — US$57.86 trillion (2025)
- GDP per capita (current US$) — US$51,734 (2025)
- GDP per capita (constant 2015 US$) — US$41,261 (2025)
- GNI (current US$) — US$72.4 trillion (2025)
- GDP (annual % growth) — 1.77% (2025)
- GDP per capita (annual % growth) — 1.38% (2025)
- GNI, Atlas method (current US$) — US$71.09 trillion (2025)
- GNI per capita, Atlas method (current US$) — US$50,697 (2025)
Reading data like this
Questions people ask
- What is OECD members's agriculture, forestry, and fishing, value added (current US$)?
- US$977.64 billion in 2024, according to the World Bank (World Development Indicators).
- How has it changed since 1995?
- It is up 72.74% from US$565.96 billion in 1995 (1.9% a year on average, compounded). The highest value was US$977.64 billion in 2024 and the lowest US$459.71 billion in 2001.
- Is the latest change in agriculture, forestry, and fishing, value added (current US$) unusual for OECD members?
- In 2024, OECD members' agriculture, forestry, and fishing, value added (current US$) rose 4% on 2023 (from US$940.14 billion to US$977.64 billion). Across the 28 yearly changes before that (1996 to 2023), the average change was +2.1% and a typical year strayed about 7.6% from that (the standard deviation). This year's change was 0.3 standard deviations above that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
Source
World Bank, World Development Indicators, indicator NV.AGR.TOTL.CD, licensed CC BY 4.0. Original source: Country official statistics, National Statistical Offices (NSOs); National Accounts data files, Central Banks; Staff estimates, World Bank (WB) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.
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