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

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