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