China | 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 China
Records
63
Source
China | Agriculture, forestry, and fishing, value added (% of GDP)
23.1752942 1960
35.79485515 1961
38.98640509 1962
39.85420171 1963
38.02979795 1964
37.54901961 1965
37.17901202 1966
39.80604169 1967
41.6432544 1968
37.5191112 1969
34.79843839 1970
33.63181245 1971
32.41654913 1972
32.92576736 1973
33.42645967 1974
31.95262379 1975
32.35963327 1976
28.99076923 1977
27.68541782 1978
30.7032787 1979
29.63393836 1980
31.31558121 1981
32.7857031 1982
32.56812238 1983
31.53969556 1984
27.93435752 1985
26.63849653 1986
26.32089964 1987
25.23768653 1988
24.61155196 1989
26.58430812 1990
24.03406738 1991
21.32886137 1992
19.3074684 1993
19.47428273 1994
19.59651961 1995
19.32548555 1996
17.89527674 1997
17.15903476 1998
16.06478847 1999
14.67624166 2000
13.98346135 2001
13.30148771 2002
12.34899897 2003
12.91664817 2004
11.6414956 2005
10.62576053 2006
10.24616576 2007
10.16904785 2008
9.63618551 2009
9.32517694 2010
9.1776538 2011
9.11371387 2012
8.94289396 2013
8.6434914 2014
8.38701488 2015
8.05728753 2016
7.46356502 2017
7.04302025 2018
7.14369028 2019
7.69864253 2020
7.24101747 2021
7.29999943 2022
China | 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 China
Records
63
Source