St. Vincent and the Grenadines | 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
Saint Vincent and the Grenadines
Records
63
Source
St. Vincent and the Grenadines | Agriculture, forestry, and fishing, value added (current US$)
1960
1961
1962
1963
1964
1965
1966
1967
1968
1969
1970
1971
1972
1973
1974
1975
1976
5872608.5185185 1977
8678641.8518519 1978
8893276.6666667 1979
8230924.4444444 1980
12014082.962963 1981
12541134.444444 1982
12694321.111111 1983
16404686.296296 1984
17726910 1985
19909145.185185 1986
19878200 1987
27475300.740741 1988
27978385.925926 1989
34059259.259259 1990
31785185.185185 1991
36762962.962963 1992
28022222.222222 1993
20462962.962963 1994
29066666.666667 1995
27033333.333333 1996
22425925.925926 1997
26370370.37037 1998
27114814.814815 1999
36231629.62963 2000
31640296.296296 2001
34076222.222222 2002
31079370.37037 2003
32185074.074074 2004
38261000 2005
39563370.37037 2006
42523185.185185 2007
44222888.888889 2008
45323370.37037 2009
45136555.555556 2010
45187333.333333 2011
44914259.259259 2012
50046629.62963 2013
50525925.925926 2014
49240740.740741 2015
54974074.074074 2016
57133333.333333 2017
62870370.37037 2018
63762962.962963 2019
74722222.222222 2020
46722222.222222 2021
44274074.074074 2022
St. Vincent and the Grenadines | 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
Saint Vincent and the Grenadines
Records
63
Source