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