Togo - Agriculture, value added (constant 2010 US$)

The latest value for Agriculture, value added (constant 2010 US$) in Togo was 1,209,802,000 as of 2020. Over the past 55 years, the value for this indicator has fluctuated between 1,209,802,000 in 2020 and 245,132,900 in 1965.

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. Data are in constant 2010 U.S. dollars.

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

See also:

Year Value
1965 245,132,900
1966 260,780,100
1967 273,166,700
1968 293,377,200
1969 312,284,000
1970 290,117,500
1971 288,161,800
1972 304,460,800
1973 314,239,700
1974 318,803,200
1975 327,930,900
1976 311,631,900
1977 292,725,300
1978 343,577,300
1979 326,627,200
1980 380,738,700
1981 381,504,800
1982 347,797,500
1983 350,861,900
1984 455,814,000
1985 489,980,900
1986 497,182,000
1987 498,170,200
1988 544,303,200
1989 574,257,800
1990 591,438,200
1991 584,703,000
1992 591,856,500
1993 627,334,600
1994 626,941,400
1995 661,704,600
1996 770,003,800
1997 804,370,500
1998 782,161,500
1999 825,061,600
2000 785,991,800
2001 829,933,900
2002 832,577,900
2003 819,006,300
2004 846,586,300
2005 931,644,400
2006 882,691,800
2007 901,395,300
2008 1,048,672,000
2009 771,795,300
2010 782,813,200
2011 821,916,300
2012 904,834,000
2013 904,696,000
2014 1,018,955,000
2015 1,019,044,000
2016 1,053,369,000
2017 1,135,035,000
2018 1,171,879,000
2019 1,194,074,000
2020 1,209,802,000

Development Relevance: An economy's growth is measured by the change in the volume of its output or in the real incomes of its residents. The 2008 United Nations System of National Accounts (2008 SNA) offers three plausible indicators for calculating growth: the volume of gross domestic product (GDP), real gross domestic income, and real gross national income. The volume of GDP is the sum of value added, measured at constant prices, by households, government, and industries operating in the economy. GDP accounts for all domestic production, regardless of whether the income accrues to domestic or foreign institutions.

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: Gap-filled total

Base Period: 2010

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