Rwanda - Agriculture, value added (% of GDP)

Agriculture, value added (% of GDP) in Rwanda was 26.25 as of 2020. Its highest value over the past 55 years was 74.87 in 1966, while its lowest value was 23.54 in 2019.

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 74.79
1966 74.87
1967 65.85
1968 65.28
1969 65.79
1970 61.62
1971 61.18
1972 59.56
1973 61.02
1974 59.14
1975 49.21
1976 49.22
1977 46.46
1978 42.42
1979 49.04
1980 45.85
1981 40.74
1982 39.78
1983 38.20
1984 40.84
1985 41.84
1986 37.53
1987 37.71
1988 39.22
1989 40.31
1990 32.55
1991 32.13
1992 33.24
1993 33.73
1994 49.76
1995 44.00
1996 47.19
1997 45.96
1998 45.52
1999 31.57
2000 31.20
2001 31.81
2002 30.21
2003 33.05
2004 33.91
2005 33.79
2006 30.04
2007 26.08
2008 24.79
2009 25.37
2010 24.33
2011 23.85
2012 24.78
2013 24.93
2014 24.70
2015 23.99
2016 25.17
2017 26.35
2018 24.61
2019 23.54
2020 26.25

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