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