Denmark | 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
Kingdom of Denmark
Records
63
Source
Denmark | Agriculture, forestry, and fishing, value added (current US$)
1960
1961
1962
1963
1964
1965
1966 798142817.01368
1967 751541209.50491
1968 729874800
1969 866552933.33333
1970 786211200
1971 869905336.43941
1972 1111862489.7472
1973 1621422927.5147
1974 1761432016.9322
1975 1786657791.2359
1976 1915465177.8329
1977 2321732409.3817
1978 2842504624.0888
1979 2795918646.6451
1980 2898076970.8476
1981 2679007215.6554
1982 2810700998.5118
1983 2444755166.7578
1984 2750392696.4448
1985 2643793930.014
1986 3415085650.723
1987 3776453225.7357
1988 3653735274.4559
1989 3935683565.4291
1990 4544696861.972
1991 4218121003.6739
1992 4269075230.6953
1993 3855013494.9644
1994 4061703927.3025
1995 5276214301.0139
1996 5240001552.072
1997 4576404118.4041
1998 3795773489.7326
1999 3454288007.7979
2000 3532455122.4159
2001 3855311313.5003
2002 3181700254.6012
2003 3513059945.0491
2004 4078593580.4777
2005 3029853090.7636
2006 3296146835.2727
2007 3751358451.0535
2008 3031099036.8961
2009 2677831707.3626
2010 3870088859.0568
2011 4513782094.9443
2012 5413423638.9073
2013 4473907148.3241
2014 4880004929.5022
2015 2898337401.061
2016 3009548116.2171
2017 4333516836.0677
2018 3663222560.4565
2019 4387674973.5405
2020 4902478419.804
2021 4417921013.273
2022 4693520806.9808

Denmark | 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
Kingdom of Denmark
Records
63
Source