Honduras | 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 Honduras
Records
63
Source
Honduras | Agriculture, forestry, and fishing, value added (current US$)
1960 113500000
1961 125600000
1962 137250000
1963 141150000
1964 157600000
1965 185350000
1966 198900000
1967 211550000
1968 224000000
1969 218600000
1970 212000000
1971 206500000
1972 224998987.50456
1973 255499872.25006
1974 275000000
1975 277000000
1976 344000000
1977 449000000
1978 1219942988.35
1979 1284751779.4
1980 1387292458.55
1981 1331978389.9
1982 1270584671.6
1983 1266751975.9
1984 1264003464.25
1985 1310986767.5
1986 1401837409.55
1987 1461769227.9
1988 1488069018.0687
1989 1334516571.0345
1990 1190943616.0992
1991 1113818026.2193
1992 1121458375.0159
1993 1048762373.1987
1994 980287888.87832
1995 1098406538.0605
1996 1056281545.6081
1997 1085351520.9125
1998 1165928870.0148
1999 873541616.72474
2000 1032901242.3668
2001 1007351313.9807
2002 957403691.09849
2003 955885759.80902
2004 1079456169.7115
2005 1216789712.0815
2006 1294439309.6916
2007 1472355266.7094
2008 1686654050.4803
2009 1579102518.6424
2010 1835973347.5875
2011 2518340243.9967
2012 2513638169.9548
2013 2255325657.2158
2014 2477143403.5995
2015 2562886830.4764
2016 2616949984.4493
2017 2931308969.6448
2018 2794304482.7352
2019 2698084124.884
2020 2887264811.0208
2021 3145396392.6284
2022 3987703277.408

Honduras | 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 Honduras
Records
63
Source