Dominican Republic | 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
Dominican Republic
Records
63
Source
Dominican Republic | Agriculture, forestry, and fishing, value added (current US$)
1960
1961
1962
1963
1964
1965 206400000
1966 215600000
1967 210400000
1968 219300000
1969 262100000
1970 345200000
1971 370600000
1972 409000000
1973 521200000
1974 648100000
1975 772800000
1976 752700000
1977 920500000
1978 886300000
1979 1026800000
1980 1336000000
1981 1350000000
1982 1411000100
1983 1484999900
1984 1915000100
1985 660860570.94244
1986 1063238960.5462
1987 691591018.21233
1988 846296247.51964
1989 924607145.11041
1990 949487009.25481
1991 1228623474.7536
1992 1394135696
1993 1410332088
1994 1463665832.3281
1995 1632920947.9409
1996 1677025776.8303
1997 1830455490.9313
1998 1948724436.6175
1999 1731308673.5677
2000 1632945479.9438
2001 1791492377.7311
2002 1846735198.2977
2003 1432695917.603
2004 1567137177.4813
2005 2580254522.6321
2006 2598071224.2495
2007 2862843325.901
2008 3048962455.4593
2009 2961952540.9107
2010 3262558128.0526
2011 3271057240.8306
2012 3277466690.8069
2013 3325204525.1023
2014 3488961634.6832
2015 3903174361.5494
2016 4169261802.0094
2017 4274028935.0284
2018 4404205674.1959
2019 4649222518.5612
2020 4763382190.1722
2021 5339627200.916
2022 6571532919.2434
Dominican Republic | 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
Dominican Republic
Records
63
Source