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