Late-demographic dividend | 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
Late-demographic dividend
Records
63
Source
Late-demographic dividend | Agriculture, forestry, and fishing, value added (% of GDP)
1960 17.9486702
1961 24.6826771
1962 25.37024988
1963 25.87256017
1964 24.84357607
1965 25.27065663
1966 25.03814819
1967 25.9059202
1968 26.49124835
1969 24.17388394
1970 22.78712941
1971 21.64748509
1972 21.15714993
1973 21.22472011
1974 20.6421079
1975 20.5785163
1976 19.85720181
1977 18.03218537
1978 17.7742182
1979 18.45794313
1980 17.17576188
1981 17.15072492
1982 18.01504234
1983 18.59526748
1984 18.12393323
1985 16.41149924
1986 15.54864712
1987 15.48004318
1988 15.34404678
1989 15.31792124
1990 14.56431761
1991 13.71765804
1992 11.65084425
1993 11.23632374
1994 11.09018322
1995 10.28416784
1996 10.23776168
1997 9.71342434
1998 9.75827415
1999 9.80275808
2000 8.90333363
2001 8.88085533
2002 8.72939933
2003 8.40670361
2004 8.41116786
2005 7.38780564
2006 6.8619797
2007 6.73112703
2008 6.8242629
2009 7.00775289
2010 6.68735395
2011 6.72592332
2012 6.67631704
2013 6.75548216
2014 6.70924368
2015 6.88663372
2016 6.77312703
2017 6.33121904
2018 6.03788587
2019 6.10472293
2020 6.78504409
2021 6.59379239
2022 6.50971159

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