Middle income | 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
Middle income
Records
63
Source
Middle income | Agriculture, forestry, and fishing, value added (% of GDP)
27.74203732 1960
31.45631634 1961
31.6578479 1962
32.12101678 1963
31.54429465 1964
30.81913664 1965
30.22378695 1966
31.04429159 1967
30.57743571 1968
29.10791617 1969
27.54918172 1970
26.60490189 1971
25.73376787 1972
25.77093629 1973
24.09033486 1974
23.18675253 1975
21.2417979 1976
20.85079066 1977
20.8020039 1978
20.46364339 1979
18.58722187 1980
17.33966165 1981
17.69315933 1982
18.02686251 1983
17.85010144 1984
17.26635216 1985
17.22350724 1986
17.14825564 1987
17.31752265 1988
17.33973316 1989
16.20862392 1990
15.56604854 1991
13.97605211 1992
13.07778841 1993
13.01564029 1994
12.96062409 1995
13.11804096 1996
12.51623632 1997
12.52705337 1998
11.96200225 1999
10.94735557 2000
10.8718617 2001
11.19880718 2002
11.02304804 2003
10.56746972 2004
9.73541875 2005
9.17855046 2006
9.10204722 2007
9.06920013 2008
9.37680099 2009
9.12260713 2010
8.90283962 2011
8.75680374 2012
8.79467735 2013
8.82138913 2014
9.01200992 2015
9.01775406 2016
8.58639706 2017
8.24866045 2018
8.42245559 2019
9.27139995 2020
8.78568756 2021
8.66466994 2022
Middle income | 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
Middle income
Records
63
Source