Costa Rica - Agriculture, value added (% of GDP)

Agriculture, value added (% of GDP) in Costa Rica was 4.67 as of 2020. Its highest value over the past 60 years was 26.35 in 1960, while its lowest value was 4.32 in 2019.

Definition: Agriculture corresponds to ISIC 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 fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3 or 4.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1960 26.35
1961 25.87
1962 25.83
1963 24.46
1964 24.57
1965 23.52
1966 23.18
1967 23.20
1968 23.28
1969 23.15
1970 22.52
1971 20.42
1972 20.09
1973 20.23
1974 19.42
1975 20.34
1976 20.38
1977 21.89
1978 20.41
1979 18.50
1980 17.80
1981 23.02
1982 24.49
1983 22.00
1984 21.21
1985 18.87
1986 20.90
1987 18.07
1988 17.95
1989 17.22
1990 15.79
1991 11.94
1992 11.90
1993 11.83
1994 12.32
1995 12.76
1996 12.10
1997 12.50
1998 12.62
1999 11.11
2000 9.25
2001 8.38
2002 8.43
2003 8.84
2004 8.85
2005 8.62
2006 8.43
2007 7.92
2008 6.98
2009 7.05
2010 6.49
2011 5.60
2012 5.13
2013 4.78
2014 4.89
2015 4.75
2016 4.91
2017 4.70
2018 4.48
2019 4.32
2020 4.67

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.

Aggregation method: Weighted average

Periodicity: Annual

General Comments: Note: Data for OECD countries are based on ISIC, revision 4.

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts