The share of value added by the agriculture, forestry and fishing sector to the gross domestic product in Ghana increased by 1.6 percentage points (+8.2 percent) in 2023. Therefore, the share in Ghana reached a peak in 2023 with 21.1 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.
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. GDP stands for Gross Domestic Product and it can be defined as a monetary value of all finished goods and services produced within a country's border in a specific time of period.
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World Bank. (September 19, 2024). Share of value added by the agricultural sector to the gross domestic product (GDP) in Ghana from 2014 to 2023 [Graph]. In Statista. Retrieved October 16, 2024, from https://www.statista.com/statistics/1118763/share-of-agriculture-value-added-to-gdp-in-ghana/
World Bank. "Share of value added by the agricultural sector to the gross domestic product (GDP) in Ghana from 2014 to 2023." Chart. September 19, 2024. Statista. Accessed October 16, 2024. https://www.statista.com/statistics/1118763/share-of-agriculture-value-added-to-gdp-in-ghana/
World Bank. (2024). Share of value added by the agricultural sector to the gross domestic product (GDP) in Ghana from 2014 to 2023. Statista. Statista Inc.. Accessed: October 16, 2024. https://www.statista.com/statistics/1118763/share-of-agriculture-value-added-to-gdp-in-ghana/
World Bank. "Share of Value Added by The Agricultural Sector to The Gross Domestic Product (Gdp) in Ghana from 2014 to 2023." Statista, Statista Inc., 19 Sep 2024, https://www.statista.com/statistics/1118763/share-of-agriculture-value-added-to-gdp-in-ghana/
World Bank, Share of value added by the agricultural sector to the gross domestic product (GDP) in Ghana from 2014 to 2023 Statista, https://www.statista.com/statistics/1118763/share-of-agriculture-value-added-to-gdp-in-ghana/ (last visited October 16, 2024)
Share of value added by the agricultural sector to the gross domestic product (GDP) in Ghana from 2014 to 2023 [Graph], World Bank, September 19, 2024. [Online]. Available: https://www.statista.com/statistics/1118763/share-of-agriculture-value-added-to-gdp-in-ghana/