Senegal - Agriculture, value added (% of GDP)

Agriculture, value added (% of GDP) in Senegal was 17.03 as of 2020. Its highest value over the past 60 years was 29.78 in 1975, while its lowest value was 12.25 in 2007.

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 23.29
1961 23.68
1962 22.54
1963 23.29
1964 23.73
1965 24.99
1966 25.54
1967 23.39
1968 25.46
1969 23.07
1970 23.72
1971 20.65
1972 24.27
1973 22.26
1974 23.49
1975 29.78
1976 29.76
1977 27.00
1978 20.80
1979 23.63
1980 18.52
1981 20.66
1982 21.20
1983 17.03
1984 18.43
1985 21.33
1986 22.02
1987 22.62
1988 19.29
1989 21.18
1990 18.47
1991 18.70
1992 17.14
1993 19.17
1994 17.74
1995 19.47
1996 18.34
1997 18.19
1998 17.83
1999 17.38
2000 16.44
2001 16.25
2002 13.38
2003 15.49
2004 14.20
2005 15.18
2006 13.40
2007 12.25
2008 14.69
2009 16.11
2010 15.95
2011 12.95
2012 14.10
2013 13.72
2014 13.37
2015 14.28
2016 14.41
2017 14.98
2018 14.99
2019 14.99
2020 17.03

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