Congo, Rep. | 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 the Congo
Records
63
Source
Congo, Rep. | Agriculture, forestry, and fishing, value added (current US$)
1960 31089329.961776
1961 31081090.392762
1962 32979069.007817
1963 36089934.259122
1964 39199402.871152
1965 37949749.265217
1966 42331757.426477
1967 47154291.745018
1968 49280047.986164
1969 46930193.345395
1970 49203493.663677
1971 55201175.108089
1972 67452922.532179
1973 85244154.715216
1974 88490182.500324
1975 111052577.7963
1976 101694705.01283
1977 118039876.85803
1978 140922553.48476
1979 171585736.71046
1980 199262110.33529
1981 157140439.68256
1982 169808089.4401
1983 159027555.00362
1984 151731064.33396
1985 160929602.38078
1986 223571036.77909
1987 274289422.39647
1988 306813954.79488
1989 309082872.79385
1990 359943717.73114
1991 308393723.17535
1992 338129098.30176
1993 301946677.77764
1994 182491251.83912
1995 221176696.64854
1996 228324592.26125
1997 212277713.96578
1998 213576779.22064
1999 196759128.88309
2000 171217451.70147
2001 162206955.50443
2002 189992052.72469
2003 219866469.97119
2004 256571670.90122
2005 405931920.70431
2006 388531860.3964
2007 432092416.85727
2008 494903541.94833
2009 513383747.66087
2010 531002519.99284
2011 623700492.23231
2012 672113877.46987
2013 765056421.46429
2014 816696732.62314
2015 722536190.86281
2016 739352077.75772
2017 865088404.74632
2018 1002904211.3602
2019 1026863495.4174
2020 1226043669.4522
2021 1348657537.1937
2022 1271989846.3515

Congo, Rep. | 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 the Congo
Records
63
Source