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