IDA & IBRD total | 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
IDA & IBRD total
Records
63
Source
IDA & IBRD total | Agriculture, forestry, and fishing, value added (% of GDP)
27.14049053 1960
30.38141416 1961
30.32825118 1962
30.77200498 1963
30.57868173 1964
30.05669828 1965
29.34118248 1966
30.09188371 1967
29.62104607 1968
28.27035593 1969
26.81598967 1970
25.89168938 1971
25.20987046 1972
25.06835549 1973
23.43867458 1974
22.94366754 1975
21.05629136 1976
20.68973359 1977
20.60723372 1978
20.10184132 1979
18.21721432 1980
17.0194373 1981
17.41943341 1982
17.79186903 1983
17.63321931 1984
17.21559338 1985
17.26949994 1986
17.3587923 1987
17.51067962 1988
17.55349842 1989
16.56717968 1990
15.98827287 1991
14.18373276 1992
13.33121698 1993
13.2338633 1994
13.05868415 1995
13.10313323 1996
12.52694692 1997
12.53633124 1998
11.90036114 1999
10.96508869 2000
10.88252729 2001
11.20638867 2002
11.05134446 2003
10.58204789 2004
9.75035106 2005
9.2374886 2006
9.12595638 2007
9.08515197 2008
9.51138865 2009
9.19767501 2010
8.90781099 2011
8.77922033 2012
8.80202571 2013
8.8305819 2014
9.20002602 2015
9.19506066 2016
8.78596234 2017
8.38768461 2018
8.57374271 2019
9.41649646 2020
9.00033383 2021
8.91554459 2022
IDA & IBRD total | 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
IDA & IBRD total
Records
63
Source