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