Iraq | 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 Iraq
Records
63
Source
Iraq | Agriculture, forestry, and fishing, value added (% of GDP)
1960
1961
1962
1963
1964
1965
1966
1967
16.23006283 1968
15.02513498 1969
16.60551242 1970
15.79332553 1971
18.99233297 1972
13.54166667 1973
8.18606839 1974
7.84037441 1975
8.18233836 1976
8.50773275 1977
7.84523301 1978
5.47854431 1979
4.7042934 1980
8.42080216 1981
10.2998891 1982
11.20038032 1983
13.34556625 1984
14.39067933 1985
14.83551734 1986
14.31079545 1987
14.58558475 1988
16.39610151 1989
8.24886235 1990
15.61566584 1991
19.87057417 1992
15.50271431 1993
20.11210342 1994
20.58513659 1995
18.59708233 1996
8.45660188 1997
10.9097071 1998
7.20350392 1999
4.63474551 2000
6.93095705 2001
8.56267171 2002
8.40560829 2003
6.93856131 2004
6.88686274 2005
5.82603291 2006
4.92949828 2007
3.8477802 2008
5.22993319 2009
5.16228355 2010
4.56377344 2011
4.12427144 2012
4.76843972 2013
4.92940777 2014
4.19186818 2015
3.97718981 2016
2.9767278 2017
2.81581764 2018
3.77000825 2019
6.08867413 2020
3.31078056 2021
2.85142526 2022
Iraq | 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 Iraq
Records
63
Source