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

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