Rwanda - Agriculture, value added (current US$)

The latest value for Agriculture, value added (current US$) in Rwanda was $2,712,875,000 as of 2020. Over the past 55 years, the value for this indicator has fluctuated between $2,712,875,000 in 2020 and $93,228,560 in 1966.

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
1965 $111,290,000
1966 $93,228,560
1967 $105,072,000
1968 $112,418,000
1969 $124,147,000
1970 $135,500,000
1971 $136,399,200
1972 $146,789,000
1973 $177,426,700
1974 $182,407,800
1975 $281,434,300
1976 $313,877,700
1977 $346,901,200
1978 $384,186,000
1979 $544,003,000
1980 $575,270,200
1981 $573,196,700
1982 $559,853,900
1983 $565,280,400
1984 $648,260,200
1985 $717,746,400
1986 $729,779,000
1987 $813,549,100
1988 $939,531,200
1989 $969,438,100
1990 $829,983,200
1991 $614,249,200
1992 $674,400,100
1993 $665,092,200
1994 $375,000,000
1995 $569,161,200
1996 $652,314,000
1997 $850,993,900
1998 $905,498,600
1999 $680,474,700
2000 $645,166,700
2001 $625,262,000
2002 $593,627,800
2003 $706,374,900
2004 $805,518,800
2005 $990,915,400
2006 $996,778,600
2007 $1,061,095,000
2008 $1,283,565,000
2009 $1,438,875,000
2010 $1,489,170,000
2011 $1,641,133,000
2012 $1,895,693,000
2013 $1,948,718,000
2014 $2,035,738,000
2015 $2,048,837,000
2016 $2,187,052,000
2017 $2,437,770,000
2018 $2,372,952,000
2019 $2,438,175,000
2020 $2,712,875,000

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