IDA total - Agriculture, value added (% of GDP)

Agriculture, value added (% of GDP) in IDA total was 21.68 as of 2020. Its highest value over the past 39 years was 30.58 in 1988, while its lowest value was 20.42 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
1981 21.82
1982 22.83
1983 24.39
1984 26.30
1985 27.15
1986 28.08
1987 29.21
1988 30.58
1989 29.81
1990 29.48
1991 30.26
1992 29.66
1993 28.31
1994 28.43
1995 28.35
1996 26.93
1997 27.43
1998 27.63
1999 26.00
2000 24.92
2001 24.87
2002 26.49
2003 25.76
2004 23.85
2005 23.60
2006 22.91
2007 22.76
2008 23.11
2009 23.84
2010 22.68
2011 22.70
2012 22.55
2013 21.55
2014 21.25
2015 21.45
2016 21.25
2017 20.93
2018 20.52
2019 20.42
2020 21.68

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