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

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