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