The share of value added by the agriculture, forestry and fishing sector to the gross domestic product in Nicaragua declined to 15.34 percent in 2023. 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 Panama and Honduras.
Share of value added by the agricultural sector to the gross domestic product (GDP) in Nicaragua from 2014 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. (September 19, 2024). Share of value added by the agricultural sector to the gross domestic product (GDP) in Nicaragua from 2014 to 2023 [Graph]. In Statista. Retrieved October 03, 2024, from https://www.statista.com/statistics/1078886/nicaragua-agriculture-share-gdp/
World Bank. "Share of value added by the agricultural sector to the gross domestic product (GDP) in Nicaragua from 2014 to 2023." Chart. September 19, 2024. Statista. Accessed October 03, 2024. https://www.statista.com/statistics/1078886/nicaragua-agriculture-share-gdp/
World Bank. (2024). Share of value added by the agricultural sector to the gross domestic product (GDP) in Nicaragua from 2014 to 2023. Statista. Statista Inc.. Accessed: October 03, 2024. https://www.statista.com/statistics/1078886/nicaragua-agriculture-share-gdp/
World Bank. "Share of Value Added by The Agricultural Sector to The Gross Domestic Product (Gdp) in Nicaragua from 2014 to 2023." Statista, Statista Inc., 19 Sep 2024, https://www.statista.com/statistics/1078886/nicaragua-agriculture-share-gdp/
World Bank, Share of value added by the agricultural sector to the gross domestic product (GDP) in Nicaragua from 2014 to 2023 Statista, https://www.statista.com/statistics/1078886/nicaragua-agriculture-share-gdp/ (last visited October 03, 2024)
Share of value added by the agricultural sector to the gross domestic product (GDP) in Nicaragua from 2014 to 2023 [Graph], World Bank, September 19, 2024. [Online]. Available: https://www.statista.com/statistics/1078886/nicaragua-agriculture-share-gdp/