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