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DataBank

Metadata Glossary

CodeNV.AGR.TOTL.KD.ZG
Indicator NameAgriculture, value added (annual % growth)
Short definitionAnnual growth rate for agricultural value added based on constant local currency. Aggregates are based on constant 2000 U.S. dollars. 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.
Long definitionAnnual growth rate for agricultural value added based on constant local currency. Aggregates are based on constant 2000 U.S. dollars. 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.
SourceWorld Bank national accounts data, and OECD National Accounts data files.
TopicEconomic Policy & Debt: National accounts: Growth rates
PeriodicityAnnual
Aggregation methodWeighted average
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