Morocco - Agriculture, value added (% of GDP)

Agriculture, value added (% of GDP) in Morocco was 11.68 as of 2020. Its highest value over the past 55 years was 23.45 in 1965, while its lowest value was 10.68 in 1981.

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
1965 23.45
1966 21.00
1967 21.74
1968 22.42
1969 19.33
1970 19.94
1971 21.87
1972 21.26
1973 20.83
1974 20.66
1975 17.90
1976 19.25
1977 16.38
1978 18.92
1979 17.92
1980 15.12
1981 10.68
1982 12.92
1983 12.62
1984 12.12
1985 13.29
1986 15.71
1987 11.76
1988 14.20
1989 14.35
1990 15.10
1991 17.50
1992 14.04
1993 13.07
1994 17.26
1995 13.49
1996 18.44
1997 14.63
1998 16.11
1999 13.87
2000 11.88
2001 13.19
2002 13.20
2003 13.92
2004 13.16
2005 11.82
2006 13.60
2007 10.86
2008 11.96
2009 13.03
2010 12.94
2011 13.12
2012 12.33
2013 13.39
2014 11.66
2015 12.63
2016 12.00
2017 12.36
2018 12.22
2019 12.15
2020 11.68

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