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

The latest value for Agriculture, value added (constant 2010 US$) in Comoros was 334,017,700 as of 2020. Over the past 40 years, the value for this indicator has fluctuated between 334,017,700 in 2020 and 135,671,900 in 1980.

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
1980 135,671,900
1981 140,917,500
1982 149,911,200
1983 157,139,900
1984 163,596,400
1985 167,329,000
1986 170,451,500
1987 173,243,900
1988 177,901,100
1989 172,241,500
1990 181,011,100
1991 171,245,300
1992 185,855,100
1993 191,440,000
1994 181,338,000
1995 187,884,800
1996 185,459,700
1997 192,934,300
1998 195,409,200
1999 199,166,700
2000 220,774,700
2001 225,923,800
2002 231,175,600
2003 236,041,300
2004 240,570,900
2005 247,397,900
2006 253,947,900
2007 257,478,100
2008 263,144,000
2009 276,299,900
2010 283,758,900
2011 289,717,400
2012 285,374,600
2013 300,498,000
2014 297,191,900
2015 295,591,800
2016 301,195,400
2017 312,601,400
2018 329,896,600
2019 332,903,200
2020 334,017,700

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