Zimbabwe - Agriculture, value added (% of GDP)

Agriculture, value added (% of GDP) in Zimbabwe was 7.61 as of 2020. Its highest value over the past 55 years was 21.86 in 1967, while its lowest value was 6.75 in 1992.

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 18.76
1966 21.13
1967 21.86
1968 16.90
1969 19.54
1970 16.31
1971 18.49
1972 18.97
1973 15.93
1974 19.47
1975 18.60
1976 18.59
1977 17.48
1978 14.07
1979 13.09
1980 15.08
1981 16.61
1982 14.81
1983 9.92
1984 13.44
1985 20.73
1986 16.14
1987 13.12
1988 14.83
1989 13.40
1990 14.83
1991 13.55
1992 6.75
1993 13.74
1994 17.08
1995 13.47
1996 19.34
1997 16.70
1998 18.89
1999 15.48
2000 15.67
2001 15.63
2002 12.57
2003 14.79
2004 18.06
2005 17.15
2006 19.23
2007 21.20
2008 19.02
2009 10.74
2010 9.61
2011 8.67
2012 8.04
2013 7.14
2014 8.75
2015 8.28
2016 7.87
2017 8.34
2018 10.52
2019 10.14
2020 7.61

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