South Asia (IDA & IBRD) | 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
South Asia (IDA & IBRD)
Records
63
Source
South Asia (IDA & IBRD) | Agriculture, forestry, and fishing, value added (current US$)
1960 20546834472.542
1961 21701886843.135
1962 22144204888.067
1963 25212695518.28
1964 29428949680.321
1965 30073769542.261
1966 25622115046.642
1967 29558883002.361
1968 30732457348.511
1969 33432957070.524
1970 35052324007.389
1971 35547567166.529
1972 36235970467.158
1973 44169548765.681
1974 51239372949.557
1975 53752180316.167
1976 46922896287.768
1977 55365466521.348
1978 61870120746.068
1979 66652296793.58
1980 79507641986.112
1981 82087900516.57
1982 83045881558.327
1983 88335310510.71
1984 85110210581.365
1985 88436301871.807
1986 90550748489.066
1987 98263273601.741
1988 107351660114.55
1989 105548277509.68
1990 112635310767.36
1991 100302240342.77
1992 103778867487.29
1993 101323797483.88
1994 113483419086.03
1995 118783844678.55
1996 130898356311.16
1997 134118735472.33
1998 135639660619.23
1999 139679255932.25
2000 145649020336.69
2001 147184729038.27
2002 140282011380.14
2003 162473902573.62
2004 174851011448.14
2005 196592955860.01
2006 212458534632.11
2007 264937633326.55
2008 270703096132.16
2009 296363009637.97
2010 364674589184.01
2011 407703527318.41
2012 405290803641.66
2013 420425105123.95
2014 450628444781.04
2015 456785666384.45
2016 499129347575.22
2017 571025481032.06
2018 569714039211.5
2019 602835326555.35
2020 629409390399.94
2021 694700134265.75
2022 727733940487.52
South Asia (IDA & IBRD) | 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
South Asia (IDA & IBRD)
Records
63
Source