Tonga - Agriculture, value added (current US$)

The latest value for Agriculture, value added (current US$) in Tonga was $86,316,610 as of 2020. Over the past 45 years, the value for this indicator has fluctuated between $100,532,600 in 2019 and $12,005,740 in 1976.

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 current U.S. dollars.

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

See also:

Year Value
1975 $13,785,310
1976 $12,005,740
1977 $12,980,150
1978 $14,840,680
1979 $16,183,660
1980 $17,790,250
1981 $21,049,180
1982 $20,318,490
1983 $18,918,920
1984 $20,886,350
1985 $19,135,410
1986 $22,459,890
1987 $26,746,950
1988 $33,752,030
1989 $32,367,900
1990 $33,970,520
1991 $40,525,990
1992 $44,938,020
1993 $47,239,160
1994 $42,211,260
1995 $43,245,260
1996 $45,107,400
1997 $43,457,220
1998 $40,716,350
1999 $44,592,340
2000 $40,226,160
2001 $33,121,650
2002 $33,091,610
2003 $38,756,550
2004 $46,707,730
2005 $46,501,110
2006 $46,090,550
2007 $49,875,770
2008 $50,781,510
2009 $48,463,870
2010 $60,308,570
2011 $70,674,140
2012 $78,346,920
2013 $77,095,400
2014 $71,943,660
2015 $73,716,850
2016 $69,883,750
2017 $77,368,560
2018 $83,503,780
2019 $100,532,600
2020 $86,316,610

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

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