Bangladesh | 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
People's Republic of Bangladesh
Records
63
Source
Bangladesh | Agriculture, forestry, and fishing, value added (% of GDP)
57.47431238 1960
57.98823595 1961
57.01857402 1962
57.14666817 1963
53.35683665 1964
52.81869477 1965
53.94737058 1966
55.85247837 1967
53.55573997 1968
55.41281892 1969
54.56149999 1970
51.03131121 1971
59.609906 1972
56.638853 1973
56.63655312 1974
61.95413913 1975
51.91445693 1976
48.89805693 1977
54.2503083 1978
52.45201206 1979
32.82389185 1980
31.95151692 1981
31.44169633 1982
31.04603046 1983
34.69863208 1984
33.00673157 1985
32.36915289 1986
32.66390093 1987
31.3191778 1988
30.56164284 1989
30.4898331 1990
31.67702324 1991
30.51752524 1992
27.32108582 1993
26.72553755 1994
27.3043698 1995
23.26620805 1996
23.24614375 1997
22.58741576 1998
22.65841112 1999
22.71814808 2000
21.84834058 2001
20.58413442 2002
19.8127183 2003
19.26695957 2004
18.57103955 2005
18.03401651 2006
17.80653678 2007
17.59569554 2008
17.10462905 2009
17.00118126 2010
16.80998676 2011
16.17756317 2012
15.493278 2013
15.3516209 2014
14.78299644 2015
13.46479232 2016
12.95727549 2017
12.4800786 2018
11.97532192 2019
11.99968686 2020
11.63285843 2021
11.21760104 2022
Bangladesh | 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
People's Republic of Bangladesh
Records
63
Source