Bangladesh - Agriculture, value added (% of GDP)

Agriculture, value added (% of GDP) in Bangladesh was 12.92 as of 2020. Its highest value over the past 60 years was 61.95 in 1975, while its lowest value was 12.68 in 2019.

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 57.47
1961 57.99
1962 57.02
1963 57.15
1964 53.36
1965 52.82
1966 53.95
1967 55.85
1968 53.56
1969 55.41
1970 54.56
1971 51.03
1972 59.61
1973 56.64
1974 56.64
1975 61.95
1976 51.91
1977 48.90
1978 54.25
1979 52.45
1980 32.82
1981 31.95
1982 31.44
1983 31.05
1984 34.70
1985 33.01
1986 32.37
1987 32.66
1988 31.32
1989 30.56
1990 30.49
1991 31.68
1992 30.52
1993 27.32
1994 26.73
1995 27.30
1996 23.27
1997 23.25
1998 22.59
1999 22.66
2000 22.72
2001 21.85
2002 20.58
2003 19.81
2004 19.27
2005 18.57
2006 18.03
2007 17.81
2008 17.60
2009 17.10
2010 17.00
2011 16.81
2012 16.18
2013 15.49
2014 15.35
2015 14.78
2016 14.05
2017 13.41
2018 13.07
2019 12.68
2020 12.92

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