Ghana | 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
Republic of Ghana
Records
63
Source
Ghana | Agriculture, forestry, and fishing, value added (% of GDP)
year value
1960 40.85155351
1961 35.37634409
1962 37.89260385
1963 35.90909091
1964 35.35598706
1965 43.51978172
1966 43.28063241
1967 40.22606383
1968 41.76470588
1969 45.92703648
1970 46.52501107
1971 44.16
1972 46.64298401
1973 48.986004
1974 51.13733906
1975 47.66231308
1976 50.56696292
1977 56.20352952
1978 60.71190317
1979 59.96740132
1980 57.92028377
1981 53.08429488
1982 57.34115279
1983 59.73059912
1984 49.24286945
1985 44.89255148
1986 47.77538996
1987 50.60053619
1988 49.61301223
1989 48.96748127
1990 44.84761747
1991 45.51047588
1992 44.77905722
1993 36.93086439
1994 37.79058598
1995 38.7785905
1996 38.95508303
1997 35.78159763
1998 36.01410731
1999 35.77634379
2000 35.27152196
2001 35.24180012
2002 35.14837706
2003 36.5454059
2004 37.95242609
2005 37.45301293
2006 28.33309599
2007 27.29411448
2008 29.40809676
2009 30.99338421
2010 28.03873796
2011 23.66370497
2012 22.13115469
2013 20.36984254
2014 19.58377286
2015 19.9826507
2016 20.84429315
2017 19.56170972
2018 18.13655055
2019 17.32323
2020 18.85378266
2021 19.65747352
2022 19.56548397

Ghana | 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
Republic of Ghana
Records
63
Source