Gabon | 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
Gabonese Republic
Records
63
Source
Gabon | Agriculture, forestry, and fishing, value added (current US$)
year value
1960 45533967.662755
1961 59028398.349113
1962 65597388.614573
1963 68100411.796599
1964 65093105.342957
1965 59577019.32206
1966 61869491.623313
1967 65446945.572216
1968 54127265.820869
1969 59239752.255663
1970 60057241.680293
1971 52659015.728111
1972 56343029.409232
1973 83898194.377607
1974 126711294.1906
1975 138115857.70152
1976 150658822.24123
1977 153451839.91544
1978 155546592.05394
1979 225646996.22197
1980 289190357.29699
1981 236262675.11991
1982 221541767.19212
1983 220434182.17414
1984 217412863.54469
1985 225480416.46602
1986 314663997.18094
1987 360754775.65355
1988 386371287.98813
1989 363626903.63739
1990 435972645.86414
1991 411900581.98823
1992 461449880.72373
1993 371494358.0796
1994 380778479.5826
1995 398278326.93596
1996 403868670.90046
1997 384464237.40048
1998 314771491.27994
1999 340101195.53529
2000 315682176.57459
2001 308626040.41545
2002 306460928.99134
2003 390976041.33873
2004 424820487.81947
2005 477667150.81957
2006 507209040.52132
2007 617518133.14581
2008 658643437.20991
2009 611035549.18309
2010 562608602.36087
2011 625030531.5479
2012 575845469.96653
2013 585776535.43628
2014 659202917.55466
2015 620146251.74078
2016 697427262.9867
2017 786151703.39447
2018 916899902.34846
2019 937277186.32249
2020 1015072662.8595
2021 1216410620.7961
2022 1188911292.7081

Gabon | 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
Gabonese Republic
Records
63
Source