Argentina | 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
Argentine Republic
Records
63
Source
Argentina | Agriculture, forestry, and fishing, value added (% of GDP)
1960
1961
1962
1963
1964
1965 12.90416299
1966 10.27875747
1967 9.98038632
1968 9.72127699
1969 9.18580965
1970 9.63756096
1971 10.86588238
1972 10.98486987
1973 11.95252249
1974 10.23083775
1975 6.58391049
1976 8.15217071
1977 8.08714211
1978 7.50442748
1979 7.79627736
1980 6.353505
1981 6.47552296
1982 9.59615605
1983 8.65832496
1984 8.34597684
1985 7.63430726
1986 7.80040264
1987 8.09435846
1988 8.97786822
1989 9.6160651
1990 8.12367621
1991 6.71649176
1992 5.99078709
1993 5.13682648
1994 5.082668
1995 5.35146462
1996 5.61086611
1997 5.22197211
1998 5.25272257
1999 4.4578261
2000 4.67991094
2001 4.56858961
2002 10.20664671
2003 10.32816694
2004 8.36248661
2005 7.93875427
2006 6.93557229
2007 7.45235395
2008 7.3189546
2009 5.27362347
2010 7.13216745
2011 6.99873377
2012 5.78174421
2013 6.05291844
2014 6.71270351
2015 5.1566859
2016 6.26456582
2017 5.23162238
2018 4.5378789
2019 5.318556
2020 6.35703368
2021 7.30630886
2022 6.63989828
Argentina | 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
Argentine Republic
Records
63
Source