The share of value added by the agriculture, forestry and fishing sector to the gross domestic product in Colombia decreased by 0.1 percentage points (-1.13 percent) compared to the previous year. Nevertheless, the last two years recorded a significantly higher share than the preceding years. The value added by agriculture, forestry, and fishing refers to the net output of the sector. It is calculated as the gross output, which is the gross revenue of production, minus the intermediate inputs, which is the value of goods and services consumed in the production process. Activities included in this sector are crop cultivation, forestry, hunting, fishing, and livestock production.
Share of value added by the agricultural sector to the gross domestic product (GDP) in Colombia from 2013 to 2023
Data represents the share of value added by the agricultural sector, which 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.
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World Bank. (October 24, 2024). Share of value added by the agricultural sector to the gross domestic product (GDP) in Colombia from 2013 to 2023 [Graph]. In Statista. Retrieved December 21, 2024, from https://www.statista.com/statistics/1078309/colombia-agriculture-share-gdp/
World Bank. "Share of value added by the agricultural sector to the gross domestic product (GDP) in Colombia from 2013 to 2023." Chart. October 24, 2024. Statista. Accessed December 21, 2024. https://www.statista.com/statistics/1078309/colombia-agriculture-share-gdp/
World Bank. (2024). Share of value added by the agricultural sector to the gross domestic product (GDP) in Colombia from 2013 to 2023. Statista. Statista Inc.. Accessed: December 21, 2024. https://www.statista.com/statistics/1078309/colombia-agriculture-share-gdp/
World Bank. "Share of Value Added by The Agricultural Sector to The Gross Domestic Product (Gdp) in Colombia from 2013 to 2023." Statista, Statista Inc., 24 Oct 2024, https://www.statista.com/statistics/1078309/colombia-agriculture-share-gdp/
World Bank, Share of value added by the agricultural sector to the gross domestic product (GDP) in Colombia from 2013 to 2023 Statista, https://www.statista.com/statistics/1078309/colombia-agriculture-share-gdp/ (last visited December 21, 2024)
Share of value added by the agricultural sector to the gross domestic product (GDP) in Colombia from 2013 to 2023 [Graph], World Bank, October 24, 2024. [Online]. Available: https://www.statista.com/statistics/1078309/colombia-agriculture-share-gdp/
