India | 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
Republic of India
Records
63
Source
India | Agriculture, forestry, and fishing, value added (current US$)
15456767924.622 1960
16121581690.531 1961
16470791346.712 1962
19284201306.518 1963
23351051070.875 1964
23455499175.41 1965
18507471278.314 1966
21433468907.12 1967
22341559490.747 1968
24305554064.293 1969
25149777136.227 1970
26020131516.132 1971
27603963750.964 1972
35577622781.725 1973
38693737483.437 1974
35447168682.067 1975
35244351181.008 1976
43464450970.342 1977
47058252017.767 1978
50220321244.28 1979
64112441680.38 1980
64428170396.518 1981
64884837620.791 1982
71167722894.722 1983
66576194365.9 1984
69098105562.309 1985
71312442744.301 1986
78052330008.636 1987
85328321482.631 1988
82416940541.099 1989
88541705379.725 1990
74718445021.331 1991
77519092504.721 1992
75562205488.003 1993
86793280450.479 1994
88116120229.259 1995
99007283809.835 1996
100842371870.61 1997
101884651113.01 1998
105402804320.84 1999
101225120513.07 2000
104946934123.24 2001
100590776441.4 2002
119060431717.53 2003
126332614153.01 2004
144552934949.95 2005
158052441543 2006
203804810665.46 2007
201305791744.97 2008
224689354760.86 2009
285298827459.91 2010
313418588544.38 2011
307872443507.07 2012
318398468147.79 2013
342408783047.54 2014
340245069830.01 2015
375515985664.49 2016
439039895543.65 2017
433323697863.68 2018
475121943129.79 2019
497865997347.15 2020
545830456022.76 2021
571633393260.2 2022
India | 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
Republic of India
Records
63
Source