The share of value added by the agriculture, forestry and fishing sector to the gross domestic product in Grenada decreased by 0.9 percentage points (-21.84 percent) in 2023 in comparison to the previous year. This marks the lowest share during the observed period. The agriculture, forestry, and fishing sector includes crop cultivation, forestry, hunting, fishing, and livestock production. The value added refers to the net output of the sector, obtained by deducting the intermediate inputs (or intermediate consumption) from the gross production revenues.
Find more key insights for the share of value added by the agriculture, forestry and fishing sector to the gross domestic product in countries like Saint Vincent and Trinidad and Tobago.
Share of value added by the agriculture, forestry, and fishing sector to the gross domestic product (GDP) in Grenada from 2012 to 2023
Agriculture, forestry, and fishing corresponds to ISIC divisions 1-3 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 4. Note: For VAB countries, gross value added at factor cost is used as the denominator.Â
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World Bank. (January 27, 2025). Share of value added by the agriculture, forestry, and fishing sector to the gross domestic product (GDP) in Grenada from 2012 to 2023 [Graph]. In Statista. Retrieved March 13, 2025, from https://www.statista.com/statistics/1078798/grenada-agriculture-share-gdp/
World Bank. "Share of value added by the agriculture, forestry, and fishing sector to the gross domestic product (GDP) in Grenada from 2012 to 2023." Chart. January 27, 2025. Statista. Accessed March 13, 2025. https://www.statista.com/statistics/1078798/grenada-agriculture-share-gdp/
World Bank. (2025). Share of value added by the agriculture, forestry, and fishing sector to the gross domestic product (GDP) in Grenada from 2012 to 2023. Statista. Statista Inc.. Accessed: March 13, 2025. https://www.statista.com/statistics/1078798/grenada-agriculture-share-gdp/
World Bank. "Share of Value Added by The Agriculture, Forestry, and Fishing Sector to The Gross Domestic Product (Gdp) in Grenada from 2012 to 2023." Statista, Statista Inc., 27 Jan 2025, https://www.statista.com/statistics/1078798/grenada-agriculture-share-gdp/
World Bank, Share of value added by the agriculture, forestry, and fishing sector to the gross domestic product (GDP) in Grenada from 2012 to 2023 Statista, https://www.statista.com/statistics/1078798/grenada-agriculture-share-gdp/ (last visited March 13, 2025)
Share of value added by the agriculture, forestry, and fishing sector to the gross domestic product (GDP) in Grenada from 2012 to 2023 [Graph], World Bank, January 27, 2025. [Online]. Available: https://www.statista.com/statistics/1078798/grenada-agriculture-share-gdp/
