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

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