Thailand | 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
Kingdom of Thailand
Records
63
Source
Thailand | Agriculture, forestry, and fishing, value added (current US$)
1960 1006138546.2804
1961 1087345463.3867
1962 1125119707.8544
1963 1170652923.6678
1964 1191403817.3077
1965 1401091346.1539
1966 1763274043.2692
1967 1648899052.8846
1968 1744211495.1923
1969 1920538389.4231
1970 1836538485.5769
1971 1764423091.3461
1972 2072112510.0354
1973 3001229684.3585
1974 3700594966.3175
1975 3999161903.2066
1976 4534290870.9824
1977 4901926294.1957
1978 5881165968.7207
1979 6567433327.574
1980 7518917338.4538
1981 7442103700.6444
1982 6786835462.0472
1983 8032655004.8704
1984 7345458607.6304
1985 6149957466.961
1986 6750743276.8152
1987 7950962908.5423
1988 9976564590.0561
1989 10892011690.431
1990 10667581218.584
1991 12426521101.102
1992 13705718435.75
1993 10344432226.862
1994 12655213019.89
1995 15372598612.187
1996 16589245897.919
1997 13613711676.454
1998 11662237643.899
1999 11264687022.064
2000 10743147098.125
2001 10320580483.842
2002 11673673907.939
2003 14377353417.533
2004 16063928533.381
2005 17406607089.535
2006 20849700502.743
2007 24579047198.345
2008 29349358083.728
2009 27571114480.309
2010 35891642619.282
2011 42984536169.197
2012 45735507908.93
2013 47591081510.958
2014 41096116473.259
2015 35605906227.268
2016 35045517270.141
2017 38363236613.191
2018 41563064275.688
2019 44217515514.723
2020 43553628236.609
2021 44026766285.478
2022 43669705145.83

Thailand | 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
Kingdom of Thailand
Records
63
Source