Agriculture, forestry, and fishing, value added (annual % growth)

This indicator measures the annual growth rate of value generated within the agriculture, forestry, and fishing sectors, expressed in constant local currency. By focusing on aggregates priced in constant 2015 dollars, it provides a clear view of economic performance in these industries, capturing the net contributions resulting from both crop cultivation and livestock production, alongside forestry and fishing activities. Value added reflects the sector's efficiency and productivity by calculating the total output while subtracting intermediate inputs, without accounting for depreciation or environmental degradation. Derived according to the International Standard Industrial Classification (ISIC) revision 4, it serves as a vital tool for analysts and policymakers to track and foster sustainable growth in primary industries essential for food security and economic resilience. Source: