Agriculture, forestry, and fishing, value added (% of GDP)

This economic indicator encapsulates the contributions of primary industries, specifically those involved in cultivation, animal husbandry, logging, and fishing, reflecting their significance within the broader economic landscape as outlined by ISIC divisions 1-3. By assessing net output—where total outputs are adjusted by removing the costs of intermediate goods—this measure provides insights into the sector's economic health without accounting for asset depreciation or resource depletion. Utilizing the International Standard Industrial Classification (ISIC) revision 4, this metric serves as a crucial barometer for understanding the role of these industries in national economies, particularly for countries relying heavily on natural resource-based sectors. The application of gross value added at factor cost in VAB countries further strengthens the relevance of this indicator in illustrating economic dependency on natural capital. Source: