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DataBank

Metadata Glossary

CodeNV.AGR.TOTL.CN
Indicator NameAgriculture, value added (current LCU)
Short definitionAgriculture 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. Data are in current local currency.
Long definitionAgriculture 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. Data are in current local currency.
SourceWorld Bank national accounts data, and OECD National Accounts data files.
TopicEconomic Policy & Debt: National accounts: Local currency at current prices: Value added
PeriodicityAnnual
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