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

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