East Asia & Pacific (IDA & IBRD countries) | 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 (IDA & IBRD countries)
Records
63
Source
East Asia & Pacific (IDA & IBRD countries) | Agriculture, forestry, and fishing, value added (current US$)
1960 22873345496.061
1961 28550896985.297
1962 28255439743.859
1963 30902750371.951
1964 34287304118.751
1965 39689489156.989
1966 43188762504.447
1967 43911765088.803
1968 45230945535.297
1969 46635453463.127
1970 48882285569.43
1971 50825245785.786
1972 55991326319.272
1973 70710213610.666
1974 77772845159.532
1975 83429016649.16
1976 82227751230.587
1977 85363486906.492
1978 101352401649.74
1979 131709173495.81
1980 146969904072.88
1981 147466709121.42
1982 149861856866.63
1983 158428503405.86
1984 158973873669.05
1985 143203942700.33
1986 134674709330.04
1987 147141710877.68
1988 167636400424.76
1989 171597798373.45
1990 163844356390.65
1991 161770986356.42
1992 174639827447.63
1993 190942202856.24
1994 190545286158.49
1995 237212840282.77
1996 267941204346.14
1997 264721752164.97
1998 242256114273.15
1999 252801179022.62
2000 251015601226.61
2001 256446235240.31
2002 275405263961.42
2003 295582279516.77
2004 350334729757.15
2005 369831271731.93
2006 416876496194.03
2007 518800995867.05
2008 662207450627.91
2009 689617239827.14
2010 814257095431.01
2011 983568644097.73
2012 1074872694575.6
2013 1154928426161.8
2014 1199396998987
2015 1203094655701.8
2016 1190079195455.1
2017 1218640293381.2
2018 1283095498410
2019 1337815714802.8
2020 1462584176588.4
2021 1646894337315.5
2022 1674561144895.3
East Asia & Pacific (IDA & IBRD countries) | 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 (IDA & IBRD countries)
Records
63
Source