Benin - Agriculture, value added (% of GDP)

Agriculture, value added (% of GDP) in Benin was 27.11 as of 2020. Its highest value over the past 60 years was 46.19 in 1961, while its lowest value was 23.54 in 2000.

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 46.16
1961 46.19
1962 44.71
1963 43.72
1964 45.53
1965 44.62
1966 45.15
1967 42.08
1968 38.87
1969 38.50
1970 36.33
1971 34.36
1972 34.23
1973 33.62
1974 31.53
1975 30.54
1976 33.20
1977 31.86
1978 34.54
1979 34.99
1980 35.43
1981 32.66
1982 32.50
1983 33.16
1984 33.31
1985 31.55
1986 33.67
1987 33.28
1988 34.38
1989 37.86
1990 34.65
1991 35.04
1992 33.94
1993 34.12
1994 32.29
1995 33.09
1996 35.71
1997 35.78
1998 36.58
1999 24.53
2000 23.54
2001 25.05
2002 25.38
2003 24.45
2004 26.52
2005 26.69
2006 26.63
2007 26.97
2008 26.83
2009 26.98
2010 25.84
2011 25.80
2012 25.77
2013 25.28
2014 25.62
2015 26.39
2016 27.75
2017 28.49
2018 28.06
2019 26.88
2020 27.11

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