Botswana - Agriculture, value added (current US$)

The latest value for Agriculture, value added (current US$) in Botswana was $318,142,100 as of 2020. Over the past 60 years, the value for this indicator has fluctuated between $387,579,900 in 2012 and $13,145,100 in 1960.

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
1960 $13,145,100
1961 $13,794,600
1962 $14,498,250
1963 $15,132,390
1964 $16,051,440
1965 $15,496,300
1966 $20,223,150
1967 $24,198,050
1968 $28,940,030
1969 $29,940,120
1970 $31,756,000
1971 $42,040,990
1972 $54,283,130
1973 $80,752,060
1974 $97,277,410
1975 $97,836,380
1976 $91,766,330
1977 $102,078,400
1978 $108,850,500
1979 $118,650,300
1980 $134,778,700
1981 $132,843,300
1982 $104,253,700
1983 $93,445,160
1984 $85,528,340
1985 $66,014,930
1986 $73,625,670
1987 $122,729,200
1988 $148,939,100
1989 $144,845,900
1990 $171,566,800
1991 $172,571,900
1992 $192,099,100
1993 $188,085,500
1994 $159,986,600
1995 $219,392,500
1996 $178,930,300
1997 $177,851,400
1998 $151,707,300
1999 $164,021,300
2000 $161,766,400
2001 $142,196,800
2002 $131,925,800
2003 $204,494,300
2004 $202,401,600
2005 $181,355,400
2006 $207,660,800
2007 $245,114,900
2008 $276,474,500
2009 $289,438,900
2010 $318,136,800
2011 $385,475,400
2012 $387,579,900
2013 $342,530,600
2014 $281,492,000
2015 $263,550,200
2016 $298,013,100
2017 $296,654,200
2018 $347,647,100
2019 $348,720,200
2020 $318,142,100

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