Bangladesh | Agriculture, forestry, and fishing, value added (constant 2015 US$)
Agriculture, forestry, and fishing corresponds to ISIC divisions 01-03 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. Data are in constant 2015 prices, expressed in U.S. dollars. Development relevance: An economy's growth is measured by the change in the volume of its output or in the real incomes of its residents. The 2008 United Nations System of National Accounts (2008 SNA) offers three plausible indicators for calculating growth: the volume of gross domestic product (GDP), real gross domestic income, and real gross national income. The volume of GDP is the sum of value added, measured at constant prices, by households, government, and industries operating in the economy. GDP accounts for all domestic production, regardless of whether the income accrues to domestic or foreign institutions. 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
People's Republic of Bangladesh
Records
63
Source
Bangladesh | Agriculture, forestry, and fishing, value added (constant 2015 US$)
7200583868.6099 1960
7575600117.2328 1961
7973029523.1894 1962
7704761881.2832 1963
8439667037.6225 1964
8349662530.4427 1965
8565960070.7142 1966
8335233054.5616 1967
9191317513.9843 1968
9280694541.2714 1969
9783965195.7503 1970
9342894434.5967 1971
8342587514.1969 1972
8365352080.3084 1973
8903930882.854 1974
8497597802.0365 1975
9210364742.7525 1976
8873427303.9474 1977
9568591135.013 1978
9504978465.8247 1979
9360673397.7813 1980
9669939251.3382 1981
9768934015.6764 1982
10148920486.83 1983
10646735058.709 1984
10667009723.718 1985
11021691149.003 1986
11032165437.436 1987
10984060299.761 1988
10964615518.523 1989
11974640131.469 1990
12229598569.296 1991
12513735084.202 1992
12812697818.269 1993
12907128476.422 1994
12859049551.004 1995
13240652298.613 1996
13838940725.444 1997
14383559663.678 1998
14941863524.69 1999
16046106998.253 2000
16488646887.265 2001
16469041698.296 2002
17125143800.588 2003
17976865155.795 2004
18764693177.915 2005
19806643632.963 2006
21132202520.691 2007
22081855780.475 2008
22847232437.834 2009
24252782095.984 2010
25333575557.462 2011
26097198283.328 2012
26740464871.059 2013
27909523246.672 2014
28838458533.099 2015
29641975260.89 2016
30589334932.472 2017
31673586114.642 2018
32706327995.066 2019
33825194446.104 2020
34898999537.638 2021
35964797727.212 2022
Bangladesh | Agriculture, forestry, and fishing, value added (constant 2015 US$)
Agriculture, forestry, and fishing corresponds to ISIC divisions 01-03 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. Data are in constant 2015 prices, expressed in U.S. dollars. Development relevance: An economy's growth is measured by the change in the volume of its output or in the real incomes of its residents. The 2008 United Nations System of National Accounts (2008 SNA) offers three plausible indicators for calculating growth: the volume of gross domestic product (GDP), real gross domestic income, and real gross national income. The volume of GDP is the sum of value added, measured at constant prices, by households, government, and industries operating in the economy. GDP accounts for all domestic production, regardless of whether the income accrues to domestic or foreign institutions. 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
People's Republic of Bangladesh
Records
63
Source