Burkina Faso | 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
Burkina Faso
Records
63
Source
Burkina Faso | Agriculture, forestry, and fishing, value added (% of GDP)
1960 38.48453334
1961 38.30700833
1962 37.85878292
1963 38.49363408
1964 38.68111026
1965 35.41478443
1966 36.26719737
1967 33.41198115
1968 31.59393267
1969 32.01766365
1970 30.51186979
1971 30.59941113
1972 31.90210367
1973 29.39852092
1974 30.82462345
1975 28.86615892
1976 29.01546487
1977 28.42248651
1978 30.12059514
1979 29.37995092
1980 28.44634498
1981 29.80398029
1982 27.5193113
1983 27.61483086
1984 28.4988398
1985 33.90416781
1986 29.36042761
1987 27.81632517
1988 28.54669613
1989 27.62770832
1990 27.95002227
1991 29.79326533
1992 28.80981128
1993 30.23105157
1994 32.94777027
1995 33.21721709
1996 36.37917327
1997 33.7387787
1998 36.56355608
1999 27.25228666
2000 24.91403646
2001 26.92043043
2002 26.37244848
2003 25.96097682
2004 23.38143845
2005 26.77091903
2006 25.22897616
2007 21.83948741
2008 27.31428025
2009 23.20484713
2010 24.14338662
2011 23.04365045
2012 23.75600502
2013 23.64109279
2014 23.69377277
2015 22.64649849
2016 21.71471783
2017 20.5863197
2018 20.99747328
2019 18.22052455
2020 17.85328517
2021 17.23251253
2022 18.49760269

Burkina Faso | 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
Burkina Faso
Records
63
Source