Colombia | 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
Republic of Colombia
Records
63
Source
Colombia | Agriculture, forestry, and fishing, value added (current US$)
1960
1961
1962
1963
1964
1965 1571904761.9048
1966 1444444444.4444
1967 1566517540.1711
1968 1600876519.9457
1969 1668485194.8712
1970 1805879355.0276
1971 1839284012.1806
1972 2092451078.5807
1973 2489086489.3071
1974 3016073395.0587
1975 3128801228.68
1976 3624960368.9292
1977 4876897390.018
1978 5360020462.9748
1979 5997654430.3768
1980 6466349255.3666
1981 7003938395.1315
1982 7312399938.832
1983 7247858478.9018
1984 6659458923.302
1985 5928804136.6278
1986 6106872822.5149
1987 6570379136.2728
1988 6567825404.2055
1989 6349026195.9549
1990 8165446183.2517
1991 8664211655.06
1992 9806729764.7569
1993 9949729970.6873
1994 12118181818.182
1995 12966146161.388
1996 12405340420.452
1997 13445619929.763
1998 13035447260.478
1999 11216928849.679
2000 8295343609.1123
2001 8171248522.8549
2002 8335193740.0321
2003 7882765739.7436
2004 9263161366.8129
2005 10959740184.206
2006 11627687072.124
2007 14301108520.4
2008 16217185820.331
2009 15551550759.757
2010 18120613639.565
2011 20405119001.452
2012 20694526453.758
2013 20605223942.49
2014 20766026770.209
2015 17552090520.215
2016 18677655383.921
2017 19927244053.424
2018 20806210846.768
2019 20708660530.156
2020 20169898854.472
2021 24319461003.812
2022 28536560986.677
Colombia | 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
Republic of Colombia
Records
63
Source