Colombia | Agriculture, forestry, and fishing, value added per worker (constant 2015 US$)

Value added per worker is a measure of labor productivity—value added per unit of input. Value added denotes the net output of a sector after adding up all outputs and subtracting intermediate inputs. Data are in constant 2015 U.S. dollars. Agriculture corresponds to the International Standard Industrial Classification (ISIC) tabulation categories A and B (revision 3) or tabulation category A (revision 4), and includes forestry, hunting, and fishing as well as cultivation of crops and livestock production. Development relevance: Labor productivity is used to assess a country's economic ability to create and sustain decent employment opportunities with fair and equitable remuneration. Productivity increases obtained through investment, trade, technological progress, or changes in work organization can increase social protection and reduce poverty, which in turn reduce vulnerable employment and working poverty. Productivity increases do not guarantee these improvements, but without them—and the economic growth they bring—improvements are highly unlikely. Please also see GDP per person employed (constant 2011 PPP $) [SL.GDP.PCAP.EM.KD], which is a key measure for monitoring the Sustainable Development Goal 8 of promoting sustained, inclusive and sustainable economic growth, full and productive employment and decent work for all. Limitations and exceptions: For comparability of individual sectors labor productivity is estimated according to national accounts conventions. However, there are still significant limitations on the availability of reliable data. Information on consistent series of output is not easily available, especially in low- and middle-income countries, because the definition, coverage, and methodology are not always consistent across countries. For more details, see Agriculture, forestry, and fishing, value added (constant 2015 US$) [NV.AGR.TOTL.KD], Industry (including construction), value added (constant 2015 US$) [NV.IND.TOTL.KD], and Services, value added (constant 2015 US$) [NV.SRV.TOTL.KD]. Statistical concept and methodology: Value added per worker is calculated by dividing value added of a sector by the number employed in the sector. Gross domestic product (GDP) represents the sum of value added by all 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. Value added by industry is normally measured at basic prices, while total GDP is measured at purchaser prices. Data on employment are modeled estimates by the International Labour Organization (ILO) ILOSTAT database. The concept of employment generally refers to people above a certain age who worked, or who held a job, during a reference period. Employment data include both full-time and part-time workers.
Publisher
The World Bank
Origin
Republic of Colombia
Records
63
Source
Colombia | Agriculture, forestry, and fishing, value added per worker (constant 2015 US$)
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1991 3406.4524203
1992 3352.82861107
1993 3287.32293952
1994 3332.82591151
1995 3417.50910919
1996 3446.25059108
1997 3442.50642238
1998 3498.64662648
1999 3626.28808435
2000 3685.33439079
2001 3460.94182046
2002 3611.29090314
2003 3617.63513806
2004 3798.07477694
2005 3853.50346525
2006 4025.43786664
2007 4281.02420065
2008 4208.95794795
2009 4078.19106368
2010 3967.93389389
2011 4018.65431109
2012 4071.85043639
2013 4505.51292021
2014 4633.30258031
2015 4771.73223689
2016 4850.35023115
2017 4886.31794443
2018 4854.06685676
2019 5278.19155818
2020
2021
2022

Colombia | Agriculture, forestry, and fishing, value added per worker (constant 2015 US$)

Value added per worker is a measure of labor productivity—value added per unit of input. Value added denotes the net output of a sector after adding up all outputs and subtracting intermediate inputs. Data are in constant 2015 U.S. dollars. Agriculture corresponds to the International Standard Industrial Classification (ISIC) tabulation categories A and B (revision 3) or tabulation category A (revision 4), and includes forestry, hunting, and fishing as well as cultivation of crops and livestock production. Development relevance: Labor productivity is used to assess a country's economic ability to create and sustain decent employment opportunities with fair and equitable remuneration. Productivity increases obtained through investment, trade, technological progress, or changes in work organization can increase social protection and reduce poverty, which in turn reduce vulnerable employment and working poverty. Productivity increases do not guarantee these improvements, but without them—and the economic growth they bring—improvements are highly unlikely. Please also see GDP per person employed (constant 2011 PPP $) [SL.GDP.PCAP.EM.KD], which is a key measure for monitoring the Sustainable Development Goal 8 of promoting sustained, inclusive and sustainable economic growth, full and productive employment and decent work for all. Limitations and exceptions: For comparability of individual sectors labor productivity is estimated according to national accounts conventions. However, there are still significant limitations on the availability of reliable data. Information on consistent series of output is not easily available, especially in low- and middle-income countries, because the definition, coverage, and methodology are not always consistent across countries. For more details, see Agriculture, forestry, and fishing, value added (constant 2015 US$) [NV.AGR.TOTL.KD], Industry (including construction), value added (constant 2015 US$) [NV.IND.TOTL.KD], and Services, value added (constant 2015 US$) [NV.SRV.TOTL.KD]. Statistical concept and methodology: Value added per worker is calculated by dividing value added of a sector by the number employed in the sector. Gross domestic product (GDP) represents the sum of value added by all 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. Value added by industry is normally measured at basic prices, while total GDP is measured at purchaser prices. Data on employment are modeled estimates by the International Labour Organization (ILO) ILOSTAT database. The concept of employment generally refers to people above a certain age who worked, or who held a job, during a reference period. Employment data include both full-time and part-time workers.
Publisher
The World Bank
Origin
Republic of Colombia
Records
63
Source