Honduras | 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 Honduras
Records
63
Source
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Honduras | Agriculture, forestry, and fishing, value added (% of GDP)
33.81498585 1960
35.26108928 1961
35.39651838 1962
34.41004388 1963
34.48577681 1964
36.43959501 1965
36.16692427 1966
35.37033941 1967
34.63203463 1968
32.72454845 1969
29.32226833 1970
28.24897401 1971
28.01992702 1972
28.00000153 1973
26.58289029 1974
24.64412811 1975
25.51928878 1976
26.89428053 1977
39.38804109 1978
36.24857695 1979
34.96059742 1980
32.93800729 1981
29.78046693 1982
28.29657499 1983
25.71563115 1984
24.83813537 1985
24.68967311 1986
23.61302338 1987
25.20989902 1988
24.56612375 1989
24.19137326 1990
23.95993673 1991
22.68459407 1992
21.28719456 1993
21.11651483 1994
20.54077297 1995
20.2545671 1996
18.91812217 1997
18.3139578 1998
13.61819036 1999
14.37252354 2000
13.16599066 2001
12.18341274 2002
11.61409852 2003
12.17070415 2004
12.47092476 2005
11.85657915 2006
11.91104744 2007
12.15017021 2008
10.82504149 2009
11.59122044 2010
14.2196558 2011
13.56629403 2012
12.19112794 2013
12.53835013 2014
12.21597845 2015
12.04990141 2016
12.66976811 2017
11.61016046 2018
10.75365045 2019
12.11718092 2020
11.04084777 2021
12.57248573 2022
Honduras | 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 Honduras
Records
63
Source
Create chart Download showed records Download Full dataset