Guatemala | 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 Guatemala
Records
63
Source
Guatemala | Agriculture, forestry, and fishing, value added (current US$)
year value
1960
1961
1962
1963
1964
1965 382561300
1966 396523100
1967 398450600
1968 449770300
1969 468222500
1970 520103100
1971 549783700
1972 594416800
1973 716614300
1974 881992300
1975 1022624900
1976 1191494500
1977 1441654400
1978 1568859400
1979 1751983900
1980 1957440900
1981 2150636600
1982 2190084800
1983 2293442600
1984 2426807900
1985 2513192782.6087
1986 1852142237.4429
1987 1840439920
1988 2026946641.2214
1989 2156072372.1591
1990 1979806668.1261
1991 2421137469.9734
1992 2639956639.7132
1993 2834739749.6843
1994 3179238927.6605
1995 3539386207.9647
1996 3770754120.6987
1997 4220993601.2666
1998 4546283701.3637
1999 4221727201.3324
2000 4401955028.8742
2001 2608414839.6539
2002 2897002633.6986
2003 2906146419.1716
2004 3082388275.2851
2005 3372020059.3559
2006 3405439130.2169
2007 3906494868.4426
2008 4363882620.5406
2009 4398931735.4352
2010 4569668522.4735
2011 5277648958.6044
2012 5317832951.7508
2013 5488429152.0711
2014 5828305613.6565
2015 6198086955.7266
2016 6381680532.3518
2017 6947753376.8312
2018 6918903508.5678
2019 7260931531.9375
2020 7714779898.0788
2021 8002073493.0805
2022 8841515858.3029

Guatemala | 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 Guatemala
Records
63
Source