Guatemala | 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 Guatemala
Records
63
Source
Guatemala | Agriculture, forestry, and fishing, value added (% of GDP)
1960
1961
1962
1963
1964
1965 28.73376361
1966 28.51248292
1967 27.41318197
1968 27.92737038
1969 27.29523885
1970 27.31633929
1971 27.69970274
1972 28.28805025
1973 27.89250631
1974 27.89790694
1975 28.04862723
1976 27.29467495
1977 26.30516098
1978 25.84356321
1979 25.38150623
1980 24.84471931
1981 24.98561168
1982 25.12429592
1983 25.34190606
1984 25.62627111
1985 25.8514989
1986 25.61050306
1987 25.97876971
1988 25.8486267
1989 25.63480004
1990 25.87915982
1991 25.73998176
1992 25.28504804
1993 24.86610042
1994 24.4872664
1995 24.15072354
1996 24.05609994
1997 23.72674188
1998 23.43989883
1999 23.04635982
2000 22.82114793
2001 14.17214684
2002 14.17028685
2003 13.4691279
2004 13.0735433
2005 12.58996769
2006 11.44906829
2007 11.63760793
2008 11.33366489
2009 11.8486079
2010 11.23415169
2011 11.25874275
2012 10.72274975
2013 10.3562211
2014 10.0744835
2015 9.96700303
2016 9.66139547
2017 9.69628663
2018 9.43550757
2019 9.40872555
2020 9.92699186
2021 9.29899682
2022 9.30653255

Guatemala | 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 Guatemala
Records
63
Source