Pakistan - Agriculture, value added (% of GDP)

Agriculture, value added (% of GDP) in Pakistan was 23.13 as of 2020. Its highest value over the past 60 years was 43.19 in 1960, while its lowest value was 21.61 in 2006.

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
1960 43.19
1961 41.73
1962 40.03
1963 38.84
1964 38.32
1965 36.97
1966 33.84
1967 35.05
1968 36.54
1969 33.95
1970 33.43
1971 31.97
1972 32.80
1973 32.46
1974 31.88
1975 30.16
1976 29.41
1977 29.36
1978 28.68
1979 27.78
1980 26.55
1981 27.46
1982 28.45
1983 27.27
1984 24.90
1985 25.69
1986 25.03
1987 23.64
1988 23.15
1989 23.91
1990 23.07
1991 22.84
1992 23.31
1993 22.20
1994 22.75
1995 23.42
1996 23.20
1997 24.48
1998 25.30
1999 25.17
2000 25.62
2001 24.20
2002 23.06
2003 22.86
2004 23.08
2005 22.96
2006 21.61
2007 21.80
2008 22.50
2009 22.72
2010 23.28
2011 25.13
2012 23.71
2013 23.83
2014 23.74
2015 23.82
2016 23.22
2017 22.93
2018 22.86
2019 21.97
2020 23.13

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