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

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