IBRD only | 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
IBRD only
Records
63
Source
IBRD only | Agriculture, forestry, and fishing, value added (current US$)
year value
1960 78270195616.244
1961 88035118614.344
1962 89410151598.988
1963 100563842477.22
1964 114024377962.03
1965 122344905554.3
1966 120574568767.96
1967 128378194162.41
1968 132867202657.74
1969 140490398501.55
1970 146096035261.06
1971 151524359969.46
1972 166091376287.52
1973 209436724877.86
1974 240725156307.92
1975 253559628789.76
1976 256956622940.01
1977 283964374204.26
1978 323820449639.31
1979 387738100011.17
1980 434454684258.88
1981 451529893346.19
1982 442829770808.23
1983 462223519732.32
1984 465374593249.71
1985 447939170869.18
1986 456811302527.31
1987 476968299588.84
1988 522124814386.97
1989 530597391086.22
1990 551480849954.69
1991 501479833427.25
1992 474108400612.79
1993 497848964169.2
1994 512868163624.45
1995 565314693366.1
1996 620283145463.48
1997 618488693377.68
1998 594606164111.74
1999 571175577243.54
2000 563928022164.18
2001 568192212855.17
2002 585715576286.66
2003 651919469504.82
2004 751605278416.45
2005 818393597248.19
2006 912292797019.99
2007 1127917634978.6
2008 1341082104847.1
2009 1358957517639.1
2010 1616979083721.1
2011 1885142229201
2012 1968450828436.2
2013 2093858679266.1
2014 2166216580527.6
2015 2115883079436.5
2016 2143520969528.8
2017 2263064751395.9
2018 2298067063754.2
2019 2406973902218.2
2020 2561768849362.7
2021 2921491101409.7
2022 3061892681423.3

IBRD only | 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
IBRD only
Records
63
Source