Jordan | 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
Hashemite Kingdom of Jordan
Records
63
Source
Jordan | Agriculture, forestry, and fishing, value added (% of GDP)
1960
1961
1962
1963
1964
1965 14.14565826
1966 10.04255319
1967 15.7358156
1968 9.68063872
1969 12.5
1970 10.77057793
1971 12.38645747
1972 12.32244318
1973 8.06191551
1974 14.8301789
1975 6.92819454
1976 7.47531735
1977 7.63325608
1978 9.68188105
1979 6.2697201
1980 7.14224397
1981 5.50876709
1982 5.62996182
1983 6.15134893
1984 5.1159868
1985 4.91728408
1986 5.10153983
1987 5.89058469
1988 5.85631597
1989 5.4710369
1990 6.88131542
1991 7.24475997
1992 6.84134722
1993 5.12820513
1994 4.42705345
1995 3.68634272
1996 3.22909032
1997 2.88673038
1998 2.5794146
1999 2.00578025
2000 2.01543668
2001 1.95326618
2002 2.19163968
2003 2.46655692
2004 2.49786798
2005 2.75835798
2006 2.58350975
2007 2.53146819
2008 2.87730028
2009 3.23670988
2010 3.57519109
2011 3.50500327
2012 3.30511929
2013 3.58301864
2014 3.96844457
2015 4.39226866
2016 4.5063413
2017 4.44200043
2018 4.38084393
2019 4.37195651
2020 4.64657447
2021 4.78675278
2022 4.81294485

Jordan | 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
Hashemite Kingdom of Jordan
Records
63
Source