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

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