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