Kenya | Agriculture, forestry, and fishing, value added (constant 2015 US$)

Agriculture, forestry, and fishing corresponds to ISIC divisions 01-03 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 constant 2015 prices, expressed in U.S. dollars. Development relevance: An economy's growth is measured by the change in the volume of its output or in the real incomes of its residents. The 2008 United Nations System of National Accounts (2008 SNA) offers three plausible indicators for calculating growth: the volume of gross domestic product (GDP), real gross domestic income, and real gross national income. The volume of GDP is the sum of value added, measured at constant prices, by households, government, and industries operating in the economy. GDP accounts for all domestic production, regardless of whether the income accrues to domestic or foreign institutions. 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 Kenya
Records
63
Source
Kenya | Agriculture, forestry, and fishing, value added (constant 2015 US$)
year value
1960
1961
1962
1963
1964 2713870139.0417
1965 2440496805.3373
1966 3002513666.2133
1967 3054634980.8421
1968 3203182237.3602
1969 3486152384.3339
1970 3211662889.6046
1971 3729616567.6979
1972 4155550621.2886
1973 4268726608.2409
1974 4164514162.4883
1975 4471115453.8569
1976 4556344518.6255
1977 5011734510.9897
1978 5201145841.1901
1979 5341906590.6605
1980 5399249090.8849
1981 5719159880.0161
1982 6140476355.2477
1983 6254316307.0758
1984 6036958053.1452
1985 6279245205.5415
1986 6588472183.735
1987 6864561228.2835
1988 7177168396.2289
1989 7472391729.8254
1990 7731821273.6397
1991 7676893194.5367
1992 7421568169.3582
1993 7178737770.4582
1994 7399657294.4285
1995 7754275389.7053
1996 8100986254.1945
1997 7852676370.4299
1998 8503624189.7166
1999 9106733138.0511
2000 8990421794.3417
2001 10038531164.854
2002 9687547901.8748
2003 9922997113.0674
2004 10096474848.086
2005 10793777615.231
2006 10980515866.947
2007 11539413892.237
2008 10964374407.316
2009 10712436334.549
2010 11821198846.506
2011 12102033188.174
2012 12398488644.416
2013 12900629690.796
2014 13078593943.659
2015 13652180891.463
2016 13841863254.734
2017 13663398616.721
2018 14445518801.061
2019 14835118678.385
2020 15520901074.597
2021 15466077058.046
2022 15212481864.329

Kenya | Agriculture, forestry, and fishing, value added (constant 2015 US$)

Agriculture, forestry, and fishing corresponds to ISIC divisions 01-03 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 constant 2015 prices, expressed in U.S. dollars. Development relevance: An economy's growth is measured by the change in the volume of its output or in the real incomes of its residents. The 2008 United Nations System of National Accounts (2008 SNA) offers three plausible indicators for calculating growth: the volume of gross domestic product (GDP), real gross domestic income, and real gross national income. The volume of GDP is the sum of value added, measured at constant prices, by households, government, and industries operating in the economy. GDP accounts for all domestic production, regardless of whether the income accrues to domestic or foreign institutions. 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 Kenya
Records
63
Source