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