Upper middle income | 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
Upper middle income
Records
63
Source
Upper middle income | Agriculture, forestry, and fishing, value added (current US$)
48884989116.587 1960
58284678646.073 1961
60696644031.53 1962
67181250037.607 1963
73300957069.98 1964
82247208758.979 1965
89493029645.781 1966
92096169930.024 1967
94152111165.061 1968
97822888656.407 1969
102829814218.45 1970
105144822219.17 1971
116788211540.51 1972
146364844001.09 1973
171454840839.83 1974
190642969809.17 1975
190254933139.48 1976
201451124022.56 1977
234921473032.51 1978
293167880730.34 1979
309860750379.22 1980
319808711581.62 1981
305808327812.26 1982
314102793719.84 1983
321513068248.45 1984
292176676026.03 1985
281908844724.73 1986
299958126339.39 1987
345851230095.69 1988
368337957876.51 1989
382737074579.5 1990
349199137866.39 1991
321185340086.76 1992
345871212168.23 1993
348271330340.89 1994
387305132305.4 1995
426466792266.27 1996
425611902307.14 1997
402048027148.27 1998
380118466815.95 1999
380366973613.01 2000
378161419857.55 2001
403143362861.91 2002
442911915387.92 2003
520534788574.19 2004
561239770844.64 2005
622939873333.81 2006
767588000041.28 2007
950659903813.59 2008
938970849875.78 2009
1115583380061.5 2010
1332394134040.3 2011
1402042314996.4 2012
1501481681056 2013
1541087161760 2014
1479071922655.4 2015
1468752188659.4 2016
1517625029862.1 2017
1560653505298.6 2018
1617959557259.8 2019
1739757969033.3 2020
1998458043207.2 2021
2094138581142.8 2022
Upper middle income | 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
Upper middle income
Records
63
Source