Late-demographic dividend | 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
Late-demographic dividend
Records
63
Source
Late-demographic dividend | Agriculture, forestry, and fishing, value added (current US$)
1960 40966104102.954
1961 51392811866.481
1962 52668596438.714
1963 56952077706.589
1964 63207584455.053
1965 73082825514.963
1966 78492421504.305
1967 79776966245.539
1968 81404412252.98
1969 83239157564.355
1970 89294542833.678
1971 93247547282.159
1972 103416357208.39
1973 129065821161.3
1974 141414717153.12
1975 150466572756.4
1976 149606419893.57
1977 158182661635.85
1978 185434498993.71
1979 238396584968.77
1980 267834886366.19
1981 265212436995.15
1982 269377755130.78
1983 286358825831.89
1984 285233465266.79
1985 253001276445.71
1986 242968224735.35
1987 271178417907.32
1988 306495764337.6
1989 309553870710.3
1990 301156944336.22
1991 283871218512.65
1992 249680692217.08
1993 263274986766.33
1994 272438335187.81
1995 310411359537.77
1996 340881651349.11
1997 338664799679.43
1998 327987932939.05
1999 304502120286.1
2000 303625992038.29
2001 313052713162.69
2002 326194159368.35
2003 357946412236.68
2004 430416667552.57
2005 456035779953.64
2006 511119618318.41
2007 631544453835.49
2008 795951650150.41
2009 789721734289.11
2010 907073805291.1
2011 1111792577766.4
2012 1180385038555
2013 1286376405660.5
2014 1326814713312.5
2015 1277505311005.4
2016 1259332321224.1
2017 1306171362959.7
2018 1365947610976.8
2019 1406974064905.4
2020 1528622374852
2021 1769851051386
2022 1827649566086.1

Late-demographic dividend | 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
Late-demographic dividend
Records
63
Source