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) since the previous year. Therefore, the share in Grenada saw its lowest number in that year with 3.27 percent. 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.
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 agricultural sector to the gross domestic product (GDP) in Grenada 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.
Figures have been rounded. Date of release is date of access.
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World Bank. (June 28, 2024). Share of value added by the agricultural sector to the gross domestic product (GDP) in Grenada from 2013 to 2023 [Graph]. In Statista. Retrieved August 25, 2024, from https://www.statista.com/statistics/1078798/grenada-agriculture-share-gdp/
World Bank. "Share of value added by the agricultural sector to the gross domestic product (GDP) in Grenada from 2013 to 2023." Chart. June 28, 2024. Statista. Accessed August 25, 2024. https://www.statista.com/statistics/1078798/grenada-agriculture-share-gdp/
World Bank. (2024). Share of value added by the agricultural sector to the gross domestic product (GDP) in Grenada from 2013 to 2023. Statista. Statista Inc.. Accessed: August 25, 2024. https://www.statista.com/statistics/1078798/grenada-agriculture-share-gdp/
World Bank. "Share of Value Added by The Agricultural Sector to The Gross Domestic Product (Gdp) in Grenada from 2013 to 2023." Statista, Statista Inc., 28 Jun 2024, https://www.statista.com/statistics/1078798/grenada-agriculture-share-gdp/
World Bank, Share of value added by the agricultural sector to the gross domestic product (GDP) in Grenada from 2013 to 2023 Statista, https://www.statista.com/statistics/1078798/grenada-agriculture-share-gdp/ (last visited August 25, 2024)
Share of value added by the agricultural sector to the gross domestic product (GDP) in Grenada from 2013 to 2023 [Graph], World Bank, June 28, 2024. [Online]. Available: https://www.statista.com/statistics/1078798/grenada-agriculture-share-gdp/