Philippines - Agriculture, value added (constant LCU)

The value for Agriculture, value added (constant LCU) in Philippines was 1,780,540,000,000 as of 2020. As the graph below shows, over the past 60 years this indicator reached a maximum value of 1,783,860,000,000 in 2019 and a minimum value of 359,910,000,000 in 1960.

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 constant local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1960 359,910,000,000
1961 384,491,000,000
1962 401,724,000,000
1963 430,639,000,000
1964 430,363,000,000
1965 463,324,000,000
1966 480,819,000,000
1967 491,213,000,000
1968 524,327,000,000
1969 543,946,000,000
1970 544,462,000,000
1971 565,921,000,000
1972 596,749,000,000
1973 641,279,000,000
1974 616,572,000,000
1975 624,895,000,000
1976 689,180,000,000
1977 719,016,000,000
1978 744,721,000,000
1979 766,934,000,000
1980 796,877,000,000
1981 826,444,000,000
1982 829,857,000,000
1983 797,244,000,000
1984 793,365,000,000
1985 779,522,000,000
1986 808,002,000,000
1987 832,871,000,000
1988 857,447,000,000
1989 880,808,000,000
1990 882,507,000,000
1991 895,479,000,000
1992 898,629,000,000
1993 917,566,000,000
1994 940,282,000,000
1995 945,593,000,000
1996 980,115,000,000
1997 1,008,940,000,000
1998 938,600,000,000
1999 1,029,170,000,000
2000 1,064,010,000,000
2001 1,105,120,000,000
2002 1,144,990,000,000
2003 1,197,370,000,000
2004 1,257,110,000,000
2005 1,301,070,000,000
2006 1,360,680,000,000
2007 1,433,750,000,000
2008 1,482,350,000,000
2009 1,480,210,000,000
2010 1,499,800,000,000
2011 1,550,560,000,000
2012 1,598,310,000,000
2013 1,645,190,000,000
2014 1,676,010,000,000
2015 1,688,340,000,000
2016 1,672,080,000,000
2017 1,743,130,000,000
2018 1,762,620,000,000
2019 1,783,860,000,000
2020 1,780,540,000,000

Base Period: varies by country

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