Zimbabwe | 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
Republic of Zimbabwe
Records
63
Source
Zimbabwe | Agriculture, forestry, and fishing, value added (% of GDP)
1960
1961
1962
1963
1964
18.76438023 1965
21.12671782 1966
21.85706248 1967
16.90325202 1968
19.53678115 1969
16.31204078 1970
18.49472095 1971
18.97019169 1972
15.92594699 1973
19.47164171 1974
18.59710772 1975
18.58865563 1976
17.4806326 1977
14.06929014 1978
13.08537349 1979
15.07753065 1980
16.60812032 1981
14.80851665 1982
9.92392132 1983
13.43657247 1984
20.72656477 1985
16.13588059 1986
13.12382837 1987
14.82531424 1988
13.39882286 1989
14.83204676 1990
13.54690597 1991
6.75157042 1992
13.73790751 1993
17.08007706 1994
13.46596889 1995
19.34262298 1996
16.69573065 1997
18.89032032 1998
15.48126672 1999
15.66706342 2000
15.62707072 2001
12.56836756 2002
14.79335521 2003
18.06379683 2004
17.14823974 2005
19.23011578 2006
21.19768854 2007
19.02107406 2008
10.74255023 2009
9.60986327 2010
8.66586517 2011
8.04451753 2012
7.14447945 2013
8.74530423 2014
8.2842469 2015
7.87398582 2016
8.34096887 2017
7.31937515 2018
9.8192616 2019
8.77285875 2020
8.84989925 2021
7.19192217 2022
Zimbabwe | 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
Republic of Zimbabwe
Records
63
Source