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Agriculture, value added (% of GDP)

World Bank national accounts data, and OECD National Accounts data files. Agriculture corresponds to ISI divisions 1-5 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 fabricate assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3. Note: For VAB countries, gross value added at factor cost is used as the denominator.

Data Resources (3)

Additional Info

Field Value
Dataset topic category
  • Agriculture
  • Agriculture and fishing
Language
  • English
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Dataset reference date January 25, 2018
Temporal extent's start date November 23, 1960
Temporal extent's end date November 23, 2016
GeoNames
  • Brunei Darussalam
  • Cambodia
  • China
  • Christmas Island
  • Cocos (Keeling) Islands
  • Timor-Leste
  • Hong Kong
  • India
  • Indonesia
  • Japan
  • Korea (Democratic People's Republic of)
  • Korea, Republic of
  • Lao People's Democratic Republic
  • Malaysia
  • Mongolia
  • Myanmar
  • Philippines
  • Singapore
  • Sri Lanka
  • Thailand
  • Viet Nam
Logical Consistency 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 cals 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.
Completeness 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.
Process Step Data is provided as is from the source.
Lineage World Bank national accounts data, and OECD National Accounts data files.
Responsible party THE WORLD BANK 1818 H Street, NW Washington, DC 20433 USA Tel : (202) 473-1000
License CC-BY-4.0
Copyright No
Version 1
Keywords economic policy,debt
Date uploaded January 31, 2018, 04:17 (UTC)
Date modified January 31, 2018, 04:40 (UTC)