The Gambia - Agriculture, value added (% of GDP)

Agriculture, value added (% of GDP) in The Gambia was 20.55 as of 2020. Its highest value over the past 54 years was 35.45 in 1982, while its lowest value was 17.21 in 1993.

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
1966 32.24
1967 32.26
1968 32.24
1969 32.20
1970 30.24
1971 30.35
1972 32.26
1973 32.23
1974 32.21
1975 32.05
1976 32.64
1977 31.00
1978 27.94
1979 26.69
1980 27.02
1981 30.63
1982 35.45
1983 32.29
1984 28.01
1985 26.38
1986 28.81
1987 30.56
1988 27.40
1989 25.92
1990 24.34
1991 18.16
1992 17.33
1993 17.21
1994 19.23
1995 21.36
1996 17.95
1997 20.58
1998 19.20
1999 24.01
2000 24.53
2001 25.43
2002 24.12
2003 26.75
2004 31.50
2005 32.09
2006 25.60
2007 23.57
2008 29.78
2009 31.73
2010 35.19
2011 27.20
2012 27.39
2013 26.22
2014 22.46
2015 22.21
2016 21.86
2017 21.00
2018 19.87
2019 20.02
2020 20.55

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