East Asia & Pacific | 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
East Asia & Pacific
Records
63
Source
East Asia & Pacific | Agriculture, forestry, and fishing, value added (% of GDP)
1960 24.3149089
1961 29.0461658
1962 28.30786502
1963 28.38345841
1964 27.23142572
1965 27.67190035
1966 26.99569704
1967 25.40877396
1968 23.90898876
1969 21.55527838
1970 19.06424538
1971 17.92973345
1972 15.97044658
1973 15.25460484
1974 14.74355097
1975 14.51654628
1976 13.37764011
1977 11.84254987
1978 10.6608229
1979 12.55061025
1980 12.34557309
1981 11.56213714
1982 12.03761127
1983 11.94645092
1984 11.35152972
1985 10.05069284
1986 7.32665972
1987 6.79018585
1988 6.48899378
1989 6.46805191
1990 6.04730177
1991 5.27232117
1992 5.12482614
1993 4.87251238
1994 4.54604214
1995 4.58191013
1996 5.04284247
1997 4.98415334
1998 5.01416884
1999 4.79793038
2000 4.46415856
2001 4.62970436
2002 4.79940248
2003 4.60562533
2004 4.77689258
2005 4.6239219
2006 4.77736849
2007 5.10286586
2008 5.47898175
2009 5.50745326
2010 5.55080923
2011 5.72534474
2012 5.81156668
2013 6.081204
2014 6.04591835
2015 6.05773637
2016 5.83277821
2017 5.62245473
2018 5.39199746
2019 5.45783694
2020 5.88734752
2021 5.76854498
2022 5.95100267

East Asia & Pacific | 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
East Asia & Pacific
Records
63
Source