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

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