Agriculture, forestry, and fishing, value added (% of GDP)

Agriculture, forestry, and fishing corresponds to ISIC divisions 1-3 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 4. Note: For VAB countries, gross value added at factor cost is used as the denominator. Limitations and exceptions: 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. Similarly, agricultural inputs that cannot easily be allocated to specific outputs are frequently "netted out" using equally crude and ad hoc approximations. Statistical concept and methodology: Gross domestic product (GDP) represents the sum of value added by all its producers. Value added is the value of the gross output of producers less the value of intermediate goods and services consumed in production, before accounting for consumption of fixed capital in production. The United Nations System of National Accounts calls for value added to be valued at either basic prices (excluding net taxes on products) or producer prices (including net taxes on products paid by producers but excluding sales or value added taxes). Both valuations exclude transport charges that are invoiced separately by producers. Total GDP is measured at purchaser prices. Value added by industry is normally measured at basic prices.
Publisher
The World Bank
Origin
Global
Records
15296
Source
Agriculture, forestry, and fishing, value added (% of GDP)
country_code year value
AFG 1960
AGO 1960
ALB 1960
AND 1960
ARB 1960
ARE 1960
ARG 1960
ARM 1960
ATG 1960
AUS 1960
AUT 1960
AZE 1960
BDI 1960
BEL 1960
BEN 1960 46.15772309
BFA 1960 38.48453334
BGD 1960 57.47431238
BGR 1960
BHR 1960
BHS 1960
BIH 1960
BLR 1960
BLZ 1960
BOL 1960
BRA 1960 15.73240027
BRB 1960
BRN 1960
BTN 1960
BWA 1960 43.2229603
CAF 1960
CAN 1960
CEB 1960
CHE 1960
CHL 1960 10.50410317
CHN 1960 23.1752942
CIV 1960 47.90792295
CMR 1960
COD 1960
COG 1960 23.60046332
COL 1960
COM 1960
CPV 1960
CRI 1960 26.35203451
CSS 1960
CUB 1960
CYP 1960
CZE 1960
DEU 1960
DJI 1960
DMA 1960
DNK 1960
DOM 1960
DZA 1960
EAP 1960 28.3169812
EAR 1960
EAS 1960 24.3149089
ECA 1960
ECS 1960
ECU 1960 33.65485953
EGY 1960 27.64882578
EMU 1960
ERI 1960
ESP 1960
EST 1960
ETH 1960
EUU 1960
FCS 1960
FIN 1960
FJI 1960
FRA 1960 10.53721655
FSM 1960
GAB 1960 32.18653896
GBR 1960
GEO 1960
GHA 1960 40.85155351
GIN 1960
GMB 1960
GNB 1960
GNQ 1960
GRC 1960
GRD 1960
GTM 1960
GUY 1960 23.57779301
HIC 1960
HND 1960 33.81498585
HPC 1960
HRV 1960
HTI 1960
HUN 1960
IBD 1960 24.27972691
IBT 1960 27.14049053
IDA 1960
IDB 1960
IDN 1960
IDX 1960
IND 1960 41.74133512
IRL 1960
IRN 1960 25.90060153
IRQ 1960
ISL 1960

Agriculture, forestry, and fishing, value added (% of GDP)

Agriculture, forestry, and fishing corresponds to ISIC divisions 1-3 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 4. Note: For VAB countries, gross value added at factor cost is used as the denominator. Limitations and exceptions: 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. Similarly, agricultural inputs that cannot easily be allocated to specific outputs are frequently "netted out" using equally crude and ad hoc approximations. Statistical concept and methodology: Gross domestic product (GDP) represents the sum of value added by all its producers. Value added is the value of the gross output of producers less the value of intermediate goods and services consumed in production, before accounting for consumption of fixed capital in production. The United Nations System of National Accounts calls for value added to be valued at either basic prices (excluding net taxes on products) or producer prices (including net taxes on products paid by producers but excluding sales or value added taxes). Both valuations exclude transport charges that are invoiced separately by producers. Total GDP is measured at purchaser prices. Value added by industry is normally measured at basic prices.
Publisher
The World Bank
Origin
Global
Records
15296
Source