Upper 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
Upper middle income
Records
63
Source
Upper middle income | Agriculture, forestry, and fishing, value added (% of GDP)
year value
1960 20.70201688
1961 26.43405878
1962 27.33790865
1963 27.7301044
1964 26.17269262
1965 26.11137464
1966 25.92246676
1967 26.18471135
1968 25.74265561
1969 23.9253429
1970 22.80982074
1971 21.77260652
1972 21.16837839
1973 21.14933437
1974 20.42969413
1975 19.68256727
1976 18.92478366
1977 18.10239342
1978 17.63848705
1979 17.86633919
1980 15.3747887
1981 15.00768239
1982 15.62301817
1983 16.1579581
1984 15.77307589
1985 15.02906634
1986 14.91193982
1987 14.23169743
1988 14.50468015
1989 15.0522197
1990 13.79479321
1991 12.94506863
1992 11.25559882
1993 10.56385484
1994 10.32993722
1995 10.28778706
1996 10.39235124
1997 9.7425383
1998 9.57883703
1999 9.45924409
2000 8.54283638
2001 8.45330078
2002 8.88452156
2003 8.70403484
2004 8.57953394
2005 7.72759451
2006 7.20402886
2007 7.18351601
2008 7.31014296
2009 7.47379174
2010 7.24215285
2011 7.16848809
2012 7.05122313
2013 7.05965244
2014 7.04510169
2015 7.1939307
2016 7.161133
2017 6.68948866
2018 6.40241036
2019 6.51560043
2020 7.26127196
2021 6.90713193
2022 6.8414755

Upper 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
Upper middle income
Records
63
Source