IBRD only | 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
IBRD only
Records
63
Source
IBRD only | Agriculture, forestry, and fishing, value added (% of GDP)
1960 24.27972691
1961 27.71042141
1962 27.74940586
1963 28.30479626
1964 28.28736326
1965 27.69298222
1966 27.00163858
1967 27.65892086
1968 27.21240493
1969 25.86627402
1970 24.68238473
1971 23.61170091
1972 23.00786175
1973 23.02869934
1974 21.37924768
1975 20.40867592
1976 19.25625734
1977 18.74867942
1978 18.48710884
1979 18.22058851
1980 16.72990752
1981 16.42642878
1982 16.7267971
1983 17.03917703
1984 16.69760535
1985 16.10272135
1986 16.07864687
1987 16.00078075
1988 16.11890452
1989 16.21217183
1990 15.10193584
1991 14.19743529
1992 12.63724925
1993 11.91436322
1994 11.76398049
1995 11.49669593
1996 11.55318632
1997 10.86104659
1998 10.73100082
1999 10.58303914
2000 9.6009048
2001 9.54768708
2002 9.69760027
2003 9.60946688
2004 9.30119673
2005 8.47560105
2006 7.96838884
2007 7.93425125
2008 7.86456583
2009 8.22028001
2010 8.04543239
2011 7.92381951
2012 7.78396456
2013 7.84992543
2014 7.8577198
2015 8.19481883
2016 8.24129004
2017 7.87808093
2018 7.5197649
2019 7.70894181
2020 8.52031797
2021 8.19260628
2022 8.11046557

IBRD only | 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
IBRD only
Records
63
Source