Ghana | 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 Ghana
Records
63
Source
Ghana | Agriculture, forestry, and fishing, value added (current US$)
500000000 1960
463380281.69014 1961
526760563.38028 1962
556338028.16901 1963
615492957.74648 1964
898591549.29578 1965
925352112.67606 1966
703488372.09302 1967
696078431.37255 1968
900980392.15686 1969
1030392156.8628 1970
1071844660.1942 1971
987218045.11278 1972
1478448275.8621 1973
1480124223.6025 1974
1339361702.1277 1975
1398305084.7458 1976
1792571428.5714 1977
2223560209.4241 1978
2410826210.8262 1979
2574688796.6805 1980
2241453488.3721 1981
2314285714.2857 1982
2423434744.2681 1983
2172733202.8702 1984
2022098214.2857 1985
2740242261.1036 1986
2567891156.4626 1987
2578767800.6329 1988
2571702797.8507 1989
2641123988.2266 1990
3005141038.5442 1991
2873070848.1172 1992
2204374836.2134 1993
2058220324.7949 1994
2506796537.5185 1995
2700752688.8295 1996
2465868473.9936 1997
2694600417.0163 1998
2761257561.6086 1999
1757527265.5202 2000
1873056868.2335 2001
2167318469.947 2002
2789409804.745 2003
3370713567.0571 2004
4024164585.1952 2005
5917377749.2687 2006
6776402367.9552 2007
8434060773.0869 2008
8073379872.9792 2009
9027816274.7389 2010
9308513078.5039 2011
9133904005.059 2012
12797278017.513 2013
10728641067.468 2014
9872630363.8412 2015
11707182382.193 2016
11816430736.552 2017
12205701515.16 2018
11838344484.051 2019
13205772995.752 2020
15632492171.487 2021
14432685169.963 2022
Ghana | 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 Ghana
Records
63
Source