Fiji | 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 Fiji
Records
63
Source
Fiji | Agriculture, forestry, and fishing, value added (current US$)
1960
1961
1962
1963 48986273.769047
1964 46215841.833522
1965 44578768.417076
1966 43784599.899346
1967 43143105.806291
1968 44085652.124127
1969 44373284.537969
1970 55256219.190645
1971 53431544.487314
1972 69802613.720092
1973 95313161.022583
1974 130336989.38933
1975 160606801.69805
1976 163749074.03797
1977 154015521.45099
1978 166633009.39687
1979 201018734.22811
1980 243897966.2944
1981 221968180.27046
1982 221833043.952
1983 186730841.08474
1984 163749760.99139
1985 186984744.53732
1986 244614985.35573
1987 246141440.58245
1988 195712941.3015
1989 232309265.68747
1990 240100735.49471
1991 252651471.51112
1992 269336343.3314
1993 278337760.04929
1994 327139964.14241
1995 338398515.85649
1996 368417302.07368
1997 309695741.77013
1998 237565915.73356
1999 317674684.26731
2000 251523871.04351
2001 215031782.00152
2002 244026247.19923
2003 287891767.34706
2004 334444893.2487
2005 359863835.75609
2006 380620725.50832
2007 401442091.53574
2008 376892639.76909
2009 289601370.35333
2010 294607218.41805
2011 348375439.16859
2012 384324649.57402
2013 423735946.74275
2014 393353739.06947
2015 368587213.19436
2016 525774411.96346
2017 563818149.33889
2018 608741744.94468
2019 614736715.75199
2020 634933711.25736
2021 657657328.33856
2022 629639323.62391

Fiji | 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 Fiji
Records
63
Source