India | 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
Republic of India
Records
63
Source
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India | Agriculture, forestry, and fishing, value added (% of GDP)
41.74133512 1960
41.0924822 1961
39.0659688 1962
39.82535168 1963
41.34371671 1964
39.38469726 1965
40.35165124 1966
42.75155802 1967
42.08602738 1968
41.58492358 1969
40.28961346 1970
38.63339119 1971
38.6268263 1972
41.60382462 1973
38.8780587 1974
35.99691484 1975
34.31203671 1976
35.77714426 1977
34.27396271 1978
32.82553002 1979
34.40886781 1980
33.29769742 1981
32.32674969 1982
32.60653488 1983
31.38053041 1984
29.71813836 1985
28.64114627 1986
27.9723784 1987
28.76982237 1988
27.8396058 1989
27.58488814 1990
27.66270541 1991
26.89691945 1992
27.05455877 1993
26.51993758 1994
24.45754779 1995
25.19930606 1996
24.24867451 1997
24.18045155 1998
22.97256189 1999
21.61106205 2000
21.61888489 2001
19.53454327 2002
19.59199798 2003
17.81469065 2004
17.62020696 2005
16.80944209 2006
16.75011976 2007
16.79094236 2008
16.74427016 2009
17.02650901 2010
17.19197356 2011
16.84537706 2012
17.14842354 2013
16.79193451 2014
16.17450811 2015
16.36380056 2016
16.55833141 2017
16.03163069 2018
16.7555683 2019
18.63553127 2020
17.32626325 2021
16.73083551 2022
India | 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
Republic of India
Records
63
Source
Create chart Download showed records Download Full dataset