Congo - Agriculture, value added (current US$)

The latest value for Agriculture, value added (current US$) in Congo was $973,338,500 as of 2020. Over the past 60 years, the value for this indicator has fluctuated between $973,338,500 in 2020 and $31,081,090 in 1961.

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
1960 $31,089,330
1961 $31,081,090
1962 $32,979,070
1963 $36,089,940
1964 $39,199,400
1965 $37,949,750
1966 $42,331,760
1967 $47,154,290
1968 $49,280,050
1969 $46,930,190
1970 $49,203,490
1971 $55,201,180
1972 $67,452,920
1973 $85,244,150
1974 $88,490,180
1975 $111,052,600
1976 $101,694,700
1977 $118,039,900
1978 $140,922,600
1979 $171,585,700
1980 $199,262,100
1981 $157,140,400
1982 $169,808,100
1983 $159,027,600
1984 $151,731,100
1985 $160,929,600
1986 $223,571,000
1987 $274,289,400
1988 $306,814,000
1989 $309,082,900
1990 $359,943,700
1991 $308,393,700
1992 $338,129,100
1993 $301,946,700
1994 $182,491,200
1995 $221,176,700
1996 $228,324,600
1997 $212,277,700
1998 $213,576,800
1999 $196,687,000
2000 $171,217,400
2001 $162,207,000
2002 $189,992,100
2003 $219,866,500
2004 $256,571,700
2005 $405,770,500
2006 $388,186,700
2007 $431,521,700
2008 $492,908,400
2009 $511,325,700
2010 $530,485,000
2011 $622,884,400
2012 $672,152,400
2013 $764,839,000
2014 $813,454,800
2015 $705,574,600
2016 $715,905,200
2017 $823,413,900
2018 $944,478,500
2019 $972,261,900
2020 $973,338,500

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