Jordan | 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
Hashemite Kingdom of Jordan
Records
63
Source
Jordan | Agriculture, forestry, and fishing, value added (current US$)
1960
1961
1962
1963
1964
1965 84839966.064014
1966 66079973.568011
1967 99399960.240016
1968 54319978.272009
1969 87359965.056014
1970 68879972.448011
1971 83999966.400013
1972 97159961.136016
1973 76087055.765725
1974 177589011.83513
1975 94436383.649372
1976 127717383.11901
1977 160052480.20603
1978 251942740.2863
1979 205105666.04402
1980 279264915.66669
1981 241501302.83598
1982 263552080.6146
1983 302688946.48272
1984 254119360.67002
1985 245549572.37884
1986 326603155.73513
1987 397980257.5792
1988 367627413.89076
1989 230952911.36421
1990 286268743.06928
1991 314746220.25479
1992 363332539.00309
1993 287507703.67655
1994 276084156.29025
1995 248002283.10502
1996 223695345.55712
1997 209167842.03103
1998 204090267.98307
1999 163469675.59944
2000 170521861.77715
2001 175321552.13877
2002 210014104.37236
2003 251480959.09732
2004 285049365.30324
2005 347249647.39069
2006 388998589.56276
2007 433145275.03526
2008 651959299.22062
2009 794219859.15493
2010 970085352.11268
2011 1034822394.3662
2012 1045560000
2013 1234509014.0845
2014 1462278309.8591
2015 1694845492.9578
2016 1797694507.0422
2017 1848246901.4084
2018 1900009718.3099
2019 1945643802.8169
2020 2030570845.0704
2021 2216079859.1549
2022 2341660435.1816

Jordan | 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
Hashemite Kingdom of Jordan
Records
63
Source