Economic value of the Pacific Ocean to the Pacific Island Countries and Territories

Economic value of the Pacific Ocean to the Pacific Island Countries and Territories

Primary Country: multiple
Ecosystems: open water / shores
Sample Value Estimates:
  1. $3.3 billion: The Pacific Ocean-based fishing and tourism sectors in the region are estimated to provide US$ 3.3 billion to the national economies in the PICTs, or more than 10 % of the regional GDP
  2. $2.3 billion dollars: Annual expenditures by tourists
  3. $1.2 billion: Annual Gross Value Product of fisheries

Publication information

Seidel, H. P. Lal “Economic value of the Pacific Ocean to the Pacific Island Countries and Territories” IUCN Oceania, 2010

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