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

The latest value for Agriculture, value added (constant 2010 US$) in Brazil was 87,535,890,000 as of 2020. Over the past 55 years, the value for this indicator has fluctuated between 87,535,890,000 in 2020 and 13,350,050,000 in 1966.

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 13,580,930,000
1966 13,350,050,000
1967 14,111,010,000
1968 14,308,560,000
1969 15,167,080,000
1970 16,016,430,000
1971 17,642,770,000
1972 18,342,730,000
1973 18,356,580,000
1974 18,595,140,000
1975 19,830,410,000
1976 20,314,100,000
1977 22,774,730,000
1978 22,164,660,000
1979 23,207,140,000
1980 25,423,420,000
1981 27,449,670,000
1982 27,389,280,000
1983 27,263,290,000
1984 27,980,320,000
1985 30,660,830,000
1986 28,201,830,000
1987 32,423,650,000
1988 32,696,000,000
1989 33,627,840,000
1990 32,376,890,000
1991 32,820,450,000
1992 34,425,370,000
1993 34,401,270,000
1994 36,276,100,000
1995 37,754,730,000
1996 38,869,690,000
1997 39,185,720,000
1998 40,521,510,000
1999 43,165,640,000
2000 44,341,210,000
2001 46,647,110,000
2002 50,388,280,000
2003 54,573,710,000
2004 55,662,520,000
2005 56,285,970,000
2006 58,897,320,000
2007 60,809,720,000
2008 64,319,030,000
2009 61,920,770,000
2010 66,067,570,000
2011 69,792,890,000
2012 67,641,700,000
2013 73,297,530,000
2014 75,343,110,000
2015 77,840,230,000
2016 73,773,690,000
2017 84,214,420,000
2018 85,315,150,000
2019 85,854,040,000
2020 87,535,890,000

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