Turkmenistan - Agriculture, value added (current US$)

The latest value for Agriculture, value added (current US$) in Turkmenistan was $4,881,143,000 as of 2019. Over the past 32 years, the value for this indicator has fluctuated between $4,881,143,000 in 2019 and $300,491,100 in 1996.

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
1987 $652,780,500
1988 $780,625,100
1989 $859,139,500
1990 $1,063,180,000
1991 $1,033,117,000
1992 $348,058,700
1993 $577,464,200
1994 $837,062,800
1995 $402,410,300
1996 $300,491,100
1997 $495,804,300
1998 $655,564,700
1999 $608,761,500
2000 $654,675,300
2001 $816,470,600
2002 $934,017,200
2003 $1,142,886,000
2004 $1,255,211,000
2005 $1,501,815,000
2006 $1,767,369,000
2007 $2,387,805,000
2008 $2,066,225,000
2009 $2,125,614,000
2010 $2,561,053,000
2011 $2,597,193,000
2012 $2,989,474,000
2013 $3,321,754,000
2014 $3,610,526,000
2015 $3,331,714,000
2016 $3,807,714,000
2017 $4,216,571,000
2018 $4,501,143,000
2019 $4,881,143,000

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