Burkina Faso | 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
Burkina Faso
Records
63
Source
Burkina Faso | Agriculture, forestry, and fishing, value added (current US$)
1960 127169375.62305
1961 134169237.19619
1962 143699484.15692
1963 151680572.53452
1964 158716967.90998
1965 149775069.41192
1966 157359657.90111
1967 150605815.9827
1968 145471953.28264
1969 153140051.5372
1970 139867713.58532
1971 147614980.02569
1972 184584143.22966
1973 198373449.10542
1974 231534051.51245
1975 271334014.4247
1976 283349706.32034
1977 321522238.42584
1978 444454575.65339
1979 513702748.08519
1980 548650313.08874
1981 529271698.99614
1982 482812583.60595
1983 441914230.05749
1984 416048900.14425
1985 526359898.49001
1986 597867373.34978
1987 659200995.65124
1988 746793126.19962
1989 722626949.90264
1990 866814258.40495
1991 934032449.02449
1992 967056775.96716
1993 967253518.69323
1994 624456005.14157
1995 790409651.61733
1996 940965722.71194
1997 825813661.50561
1998 1025572050.0205
1999 923734436.9561
2000 739540805.9462
2001 858861627.3809
2002 955302403.94278
2003 1230749718.8305
2004 1274683199.9783
2005 1645435231.1525
2006 1651846985.8748
2007 1665418778.5408
2008 2581591577.0286
2009 2193019762.0476
2010 2440804580.1065
2011 2783741178.6958
2012 2983995390.9259
2013 3178379553.0891
2014 3303626546.8707
2015 2679569780.7725
2016 2786728573.2688
2017 2904102983.3891
2018 3336512409.6263
2019 2921262720.8289
2020 3164496676.739
2021 3384925376.4005
2022 3481260812.6475

Burkina Faso | 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
Burkina Faso
Records
63
Source