Congo, Dem. Rep. | Agriculture, forestry, and fishing, value added (constant 2015 US$)
Agriculture, forestry, and fishing corresponds to ISIC divisions 01-03 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 constant 2015 prices, expressed in U.S. dollars. Development relevance: An economy's growth is measured by the change in the volume of its output or in the real incomes of its residents. The 2008 United Nations System of National Accounts (2008 SNA) offers three plausible indicators for calculating growth: the volume of gross domestic product (GDP), real gross domestic income, and real gross national income. The volume of GDP is the sum of value added, measured at constant prices, by households, government, and industries operating in the economy. GDP accounts for all domestic production, regardless of whether the income accrues to domestic or foreign institutions. 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
Democratic Republic of the Congo
Records
63
Source
Congo, Dem. Rep. | Agriculture, forestry, and fishing, value added (constant 2015 US$)
1960
1961
1962
1963
1964
1965
1966
1967
3533357478.869 1968
3550760867.6746 1969
3072819931.0035 1970
3156016760.9082 1971
3204389966.9644 1972
3326315991.2721 1973
3392075127.4697 1974
3341766441.7914 1975
3519825355.3253 1976
3403706076.2929 1977
3409512821.1767 1978
3514018610.4415 1979
3612683043.1205 1980
3685071326.9149 1981
3803023476.8827 1982
3883548187.2931 1983
3985450466.8666 1984
4095420256.8442 1985
4191926533.4724 1986
4277178910.7412 1987
4402222714.2011 1988
4525553408.4502 1989
4643745387.4932 1990
4773927905.7678 1991
4922952482.0644 1992
5015450579.0599 1993
4974340245.7681 1994
5551596798.95 1995
5668180115.5319 1996
5513986194.4714 1997
5433804841.4414 1998
5558782484.8056 1999
4908414943.8954 2000
4834454135.1259 2001
4658748298.4194 2002
4689663133.831 2003
4765189250.7227 2004
4788140581.0631 2005
5058085793.2609 2006
5197863843.6396 2007
5341975691.3944 2008
5490559048.8119 2009
5689011135.8412 2010
5892220240.8214 2011
6095684329.0162 2012
6354494894.4627 2013
6655684057.1053 2014
6965629995.5826 2015
7192713575.6728 2016
7308546795.82 2017
7423569118.6603 2018
7656949291.9408 2019
7850832226.9518 2020
8035408987.2397 2021
8227252672.0922 2022
Congo, Dem. Rep. | Agriculture, forestry, and fishing, value added (constant 2015 US$)
Agriculture, forestry, and fishing corresponds to ISIC divisions 01-03 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 constant 2015 prices, expressed in U.S. dollars. Development relevance: An economy's growth is measured by the change in the volume of its output or in the real incomes of its residents. The 2008 United Nations System of National Accounts (2008 SNA) offers three plausible indicators for calculating growth: the volume of gross domestic product (GDP), real gross domestic income, and real gross national income. The volume of GDP is the sum of value added, measured at constant prices, by households, government, and industries operating in the economy. GDP accounts for all domestic production, regardless of whether the income accrues to domestic or foreign institutions. 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
Democratic Republic of the Congo
Records
63
Source