Gabon | Agriculture, forestry, and fishing, value added (% of GDP)
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. Note: For VAB countries, gross value added at factor cost is used as the denominator. 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 (% of GDP)
32.18653896 1960
35.211844 1961
35.88546586 1962
44.08357341 1963
30.18042888 1964
26.30630631 1965
25.16556708 1966
24.10181138 1967
18.38133926 1968
18.6215506 1969
18.54749306 1970
13.7963844 1971
13.0875576 1972
11.60769708 1973
8.2055421 1974
6.40138625 1975
5.00625782 1976
5.46218487 1977
6.50964392 1978
7.44647844 1979
6.75735567 1980
6.11719867 1981
6.1233081 1982
6.50003714 1983
6.1046138 1984
6.75108297 1985
9.24493086 1986
10.9925986 1987
10.07617545 1988
8.68588544 1989
7.32444774 1990
7.62366643 1991
8.25138827 1992
8.48423088 1993
9.08601513 1994
8.03167421 1995
7.09283164 1996
7.21752276 1997
7.02079395 1998
7.29362591 1999
6.21362452 2000
6.14393258 2001
5.74386164 2002
6.00402094 2003
5.46729104 2004
4.98463861 2005
4.91120031 2006
4.9578308 2007
4.22984203 2008
5.04416979 2009
3.91445442 2010
3.43228978 2011
3.35369778 2012
3.32908065 2013
3.62120477 2014
4.31162904 2015
4.97313691 2016
5.26576484 2017
5.4359528 2018
5.55443087 2019
6.62814685 2020
6.01648934 2021
5.6422077 2022
Gabon | Agriculture, forestry, and fishing, value added (% of GDP)
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. Note: For VAB countries, gross value added at factor cost is used as the denominator. 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