Guyana | 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
Co-operative Republic of Guyana
Records
63
Source
Guyana | Agriculture, forestry, and fishing, value added (current US$)
1960 40133233.000251
1961 44333222.500277
1962 45733219.000286
1963 42991559.187769
1964 42758226.437767
1965 46000000
1966 43647058.823529
1967 47117647.058824
1968 39900000
1969 44700000
1970 45050000
1971 50850000
1972 49619047.619048
1973 50619047.619048
1974 120045454.54545
1975 142250000
1976 94400000
1977 84320000
1978 102640000
1979 105400000
1980 124800000
1981 107142857.14286
1982 97333333.333333
1983 97000000
1984 91315789.473684
1985 102093023.25581
1986 113953488.37209
1987 91734693.877551
1988 93600000
1989 133161768.38235
1990 151215189.87342
1991 141234347.0483
1992 163605115.90727
1993 166559139.78495
1994 205263919.01663
1995 253985915.49296
1996 266424501.4245
1997 272336570.67015
1998 243284900.90952
1999 243261160.23776
2000 213680863.893
2001 211779967.90138
2002 224241470.64223
2003 238618721.77331
2004 248112149.06143
2005 238273921.20075
2006 809144473.46939
2007 829798693.94142
2008 959818302.43873
2009 931468497.18068
2010 979356123.43826
2011 948080434.27647
2012 1033650044.503
2013 1068939802.7368
2014 1015160309.842
2015 1088924939.4673
2016 913898305.08475
2017 1080590799.0315
2018 935298082.32353
2019 910340527.57794
2020 921961630.69544
2021 1081980815.3477
2022 1476230215.8273

Guyana | 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
Co-operative Republic of Guyana
Records
63
Source