Australia - Agriculture, value added (constant LCU)
The value for Agriculture, value added (constant LCU) in Australia was 39,738,000,000 as of 2020. As the graph below shows, over the past 45 years this indicator reached a maximum value of 50,783,000,000 in 2017 and a minimum value of 17,960,000,000 in 1983.
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 local currency.
Source: World Bank national accounts data, and OECD National Accounts data files.
| Year | Value |
|---|---|
| 1975 | 19,631,000,000 |
| 1976 | 21,255,000,000 |
| 1977 | 21,823,000,000 |
| 1978 | 21,108,000,000 |
| 1979 | 25,691,000,000 |
| 1980 | 22,532,000,000 |
| 1981 | 19,754,000,000 |
| 1982 | 22,985,000,000 |
| 1983 | 17,960,000,000 |
| 1984 | 25,736,000,000 |
| 1985 | 25,787,000,000 |
| 1986 | 23,986,000,000 |
| 1987 | 24,242,000,000 |
| 1988 | 23,719,000,000 |
| 1989 | 24,766,000,000 |
| 1990 | 26,795,000,000 |
| 1991 | 28,280,000,000 |
| 1992 | 26,780,000,000 |
| 1993 | 28,188,000,000 |
| 1994 | 29,355,000,000 |
| 1995 | 25,054,000,000 |
| 1996 | 30,323,000,000 |
| 1997 | 32,754,000,000 |
| 1998 | 32,967,000,000 |
| 1999 | 36,254,000,000 |
| 2000 | 38,756,000,000 |
| 2001 | 40,289,000,000 |
| 2002 | 41,562,000,000 |
| 2003 | 32,603,000,000 |
| 2004 | 40,964,000,000 |
| 2005 | 42,722,000,000 |
| 2006 | 43,939,000,000 |
| 2007 | 37,294,000,000 |
| 2008 | 40,352,000,000 |
| 2009 | 47,311,000,000 |
| 2010 | 46,958,000,000 |
| 2011 | 48,622,000,000 |
| 2012 | 49,090,000,000 |
| 2013 | 48,685,000,000 |
| 2014 | 49,218,000,000 |
| 2015 | 49,963,000,000 |
| 2016 | 46,417,000,000 |
| 2017 | 50,783,000,000 |
| 2018 | 49,369,000,000 |
| 2019 | 44,187,000,000 |
| 2020 | 39,738,000,000 |
Base Period: varies by country
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
