East Asia & Pacific | 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
East Asia & Pacific
Records
63
Source
East Asia & Pacific | Agriculture, forestry, and fishing, value added (current US$)
37574100438.676 1960
45058541409 1961
44823714714.555 1962
50122843294.253 1963
55160635775.104 1964
62397000050.173 1965
68022028884.892 1966
69407017936.802 1967
71991668661.311 1968
74740124404.052 1969
78821740550.487 1970
82283539799.74 1971
91013697681.232 1972
114600800016.69 1973
127571598410.68 1974
137468950910.01 1975
139331175614.44 1976
147014724483.73 1977
174664676987.29 1978
224544783741.54 1979
241485646916.92 1980
245428399959.49 1981
248723741469.22 1982
261638227591.4 1983
263082896577.65 1984
240030628127.49 1985
228849776177.82 1986
252735296655.02 1987
292317037139.86 1988
303988296543.72 1989
291790505950.38 1990
286966837703.98 1991
306634494233.66 1992
331044970534.89 1993
336609965703.27 1994
385233397964.4 1995
408547023356.03 1996
385962436536.43 1997
347564751680.05 1998
371527733402.25 1999
373978166593.45 2000
360631195363.53 2001
379765093938.87 2002
400791068501.42 2003
466149884076.29 2004
481411180734.15 2005
527173450589.49 2006
629242284630.59 2007
779118976936.21 2008
805774942279.54 2009
947969691981.48 2010
1133441425819 2011
1230550041835 2012
1302062402197 2013
1335517116235.9 2014
1332416461160.2 2015
1328462976492.1 2016
1367890845676.6 2017
1428224185837.5 2018
1475399290600.7 2019
1598323432177.9 2020
1794719264251.7 2021
1826257730305.5 2022
East Asia & Pacific | 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
East Asia & Pacific
Records
63
Source