Ethiopia - Agriculture, value added (% of GDP)

Agriculture, value added (% of GDP) in Ethiopia was 35.45 as of 2020. Its highest value over the past 39 years was 63.83 in 1992, while its lowest value was 31.11 in 2018.

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
1981 54.74
1982 53.26
1983 54.38
1984 47.90
1985 52.58
1986 50.99
1987 49.12
1988 48.59
1989 48.39
1990 49.49
1991 58.67
1992 63.83
1993 59.95
1994 52.70
1995 51.92
1996 51.17
1997 54.03
1998 49.06
1999 45.49
2000 44.67
2001 42.34
2002 38.69
2003 37.29
2004 38.68
2005 41.17
2006 42.52
2007 42.27
2008 45.18
2009 45.88
2010 41.45
2011 41.25
2012 44.33
2013 41.24
2014 38.52
2015 36.06
2016 34.70
2017 33.78
2018 31.11
2019 33.52
2020 35.45

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