Ecuador | 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
Republic of Ecuador
Records
63
Source
Ecuador | Agriculture, forestry, and fishing, value added (current US$)
1960 696475517.33991
1961 596930158.57424
1962 535212288.20605
1963 623848068.17466
1964 714443135.81205
1965 747458032.39752
1966 681026211.55534
1967 725362448.61289
1968 756111177.25391
1969 817011348.4359
1970 745088897.58194
1971 695682231.78903
1972 823120274.61154
1973 987552037.42593
1974 1590014617.0015
1975 1728429917.9307
1976 1829088133.2158
1977 2062264824.8511
1978 2169909386.5962
1979 2271224916.7351
1980 2880870937.1789
1981 3438780175.7042
1982 3174040365.335
1983 2898913579.6046
1984 3147982883.8013
1985 3237567794.9738
1986 3187100621.1975
1987 2977009987.7842
1988 2872824082.7356
1989 3111640475.7879
1990 3127251953.6858
1991 3544331165.5828
1992 3423812906.4532
1993 4432258129.0645
1994 5029050525.2626
1995 5353774887.4437
1996 5234491245.6228
1997 5663043521.7609
1998 4890101050.5253
1999 3451939969.985
2000 2823308654.3272
2001 3097021000
2002 3206310000
2003 3516792000
2004 3546435000
2005 3935357000
2006 4403200000
2007 4772112000
2008 5537442000
2009 6198165000
2010 6769906000
2011 7611445000
2012 7598802000
2013 8342246000
2014 9284062000
2015 9387758000
2016 9513086000
2017 9730031000
2018 9626014000
2019 9514079000
2020 9772958000
2021 9994760000
2022 10172241000

Ecuador | 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
Republic of Ecuador
Records
63
Source