Burundi - Agriculture, value added (current US$)

The latest value for Agriculture, value added (current US$) in Burundi was $808,617,000 as of 2020. Over the past 50 years, the value for this indicator has fluctuated between $952,454,100 in 2015 and $149,990,900 in 1972.

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
1970 $158,580,600
1971 $163,745,100
1972 $149,990,900
1973 $192,688,600
1974 $210,728,900
1975 $258,080,000
1976 $266,695,600
1977 $304,321,100
1978 $329,302,200
1979 $421,235,600
1980 $529,504,400
1981 $563,428,900
1982 $533,083,300
1983 $579,172,700
1984 $539,571,500
1985 $643,436,100
1986 $631,141,300
1987 $572,028,200
1988 $521,887,500
1989 $524,904,400
1990 $578,015,200
1991 $567,331,300
1992 $519,907,000
1993 $442,751,200
1994 $376,786,500
1995 $420,406,900
1996 $463,898,300
1997 $412,720,700
1998 $398,073,900
1999 $384,930,000
2000 $383,945,600
2001 $384,414,400
2002 $357,673,200
2003 $336,156,000
2004 $383,516,700
2005 $456,319,700
2006 $517,470,100
2007 $473,777,000
2008 $612,575,400
2009 $654,174,600
2010 $780,960,600
2011 $820,648,600
2012 $826,470,300
2013 $940,617,700
2014 $945,892,900
2015 $952,454,100
2016 $862,046,300
2017 $784,513,400
2018 $774,181,300
2019 $760,420,300
2020 $808,617,000

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