Dominican Republic | Agriculture, forestry, and fishing, value added (% of GDP)
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. Note: For VAB countries, gross value added at factor cost is used as the denominator. 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 (% of GDP)
1960
1961
1962
1963
1964
23.24062606 1965
21.91279602 1966
20.33243139 1967
20.32249096 1968
21.30028444 1969
23.23796701 1970
22.23822382 1971
20.57965181 1972
22.22790856 1973
22.15196363 1974
21.4714381 1975
19.04846261 1976
20.06714482 1977
18.7204292 1978
18.67316505 1979
19.7595137 1980
17.85407271 1981
17.06703559 1982
16.10524152 1983
16.51716491 1984
13.10040823 1985
17.36714528 1986
11.8686287 1987
15.7470973 1988
13.82777652 1989
13.42282387 1990
12.50573116 1991
12.01283711 1992
10.78149619 1993
9.9944852 1994
9.81477761 1995
9.19340246 1996
9.14429903 1997
8.99180996 1998
7.82103071 1999
6.71834205 2000
6.99751861 2001
6.80511922 2002
6.69384984 2003
7.02047299 2004
7.21193528 2005
6.85871932 2006
6.51157391 2007
6.33582217 2008
6.13735252 2009
6.05745783 2010
5.63686025 2011
5.40109385 2012
5.30486595 2013
5.19345629 2014
5.48469593 2015
5.50727322 2016
5.34266664 2017
5.14778282 2018
5.22728893 2019
6.04147753 2020
5.66578215 2021
5.78799124 2022
Dominican Republic | Agriculture, forestry, and fishing, value added (% of GDP)
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. Note: For VAB countries, gross value added at factor cost is used as the denominator. 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