IDA & IBRD total | 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
IDA & IBRD total
Records
63
Source
IDA & IBRD total | Agriculture, forestry, and fishing, value added (current US$)
1960 97497462759.961
1961 108884289248.8
1962 110977816158.95
1963 123235817906.1
1964 137734807483.08
1965 148547850233.5
1966 148006895078.32
1967 157743420624.11
1968 163117619578.62
1969 173097245216.64
1970 181128047384.39
1971 187059580536.31
1972 202599027060.41
1973 250714110805.37
1974 293401522983.74
1975 320788729216.75
1976 314980524266.72
1977 348648341849.12
1978 400220827057.5
1979 472863300997.39
1980 522560351151.71
1981 544588055759.47
1982 534208549248.51
1983 542213255803.55
1984 545492536867.52
1985 532558954519.9
1986 545246217443.87
1987 576730670584.88
1988 625658605875.13
1989 633815657285.33
1990 668621383717.89
1991 631133007096.14
1992 585641539197.24
1993 610188656084.6
1994 632982849572.39
1995 708995046646.93
1996 781094396022.25
1997 791198400463.76
1998 776230186370.88
1999 701951616099.31
2000 706786562249.68
2001 709967077230.83
2002 745711679701.93
2003 825667896236.64
2004 940250581091.83
2005 1032907736878.5
2006 1160737306153.2
2007 1417021228535.3
2008 1691228481021.6
2009 1719231564392.6
2010 2012565799050.3
2011 2280131576475.9
2012 2387282054129.6
2013 2529697241333.2
2014 2631207267428.3
2015 2575617328225.7
2016 2593540514183.1
2017 2725711084784.5
2018 2762746966437.4
2019 2888635826534.9
2020 3058878818439.8
2021 3446175557026.2
2022 3617389688633

IDA & IBRD total | 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
IDA & IBRD total
Records
63
Source