Bangladesh | Agriculture, forestry, and fishing, value added (current US$)

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. Data are in current U.S. dollars. 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 (current US$)
1960 2456965979.1667
1961 2793629875
1962 2897349541.6667
1963 3039893333.3333
1964 2873828479.1667
1965 3119808458.3333
1966 3474042270.8333
1967 4051301791.6667
1968 4007943291.6667
1969 4694023458.3333
1970 4906564104.1667
1971 4466180333.3333
1972 3748417450
1973 4580228698.1108
1974 7086626349.4853
1975 12049056624.606
1976 5252244444.4444
1977 4719224479.638
1978 7205399623.0159
1979 8164407614.9803
1980 5953613619.1215
1981 6470084405.1408
1982 5824699760.978
1983 5466910661.1953
1984 6565272658
1985 7353379302.3077
1986 7048070139.6667
1987 7936685184.5161
1988 8324326008.1947
1989 8796164998.2034
1990 9634281364.4814
1991 9806409383.7535
1992 9676763806.3661
1993 9061453232.8042
1994 9024856144.6384
1995 10359209305.97
1996 10804474327.628
1997 11214941451.991
1998 11290220264.317
1999 11617096505.824
2000 12124627310.674
2001 11796200889.548
2002 11264478495.56
2003 11919119170.985
2004 12544436894.853
2005 12896276422.764
2006 12951865409.47
2007 14176120157.834
2008 16123160740.417
2009 17528444053.877
2010 19598804913.903
2011 21624028055.627
2012 21573722068.274
2013 23238449757.672
2014 26540716215.063
2015 28838458533.099
2016 35713529108.459
2017 38062616270.723
2018 40108367780.626
2019 42061928982.845
2020 44867092907.886
2021 48423494929.836
2022 51623541925.684

Bangladesh | Agriculture, forestry, and fishing, value added (current US$)

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. Data are in current U.S. dollars. 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