Australia - Agriculture, value added (% of GDP)

Agriculture, value added (% of GDP) in Australia was at 2.5022 %, according to the World Bank collection of development indicators, compiled from officially recognized sources.



 australia agriculture value added percent of gdp wb data




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Agriculture corresponds to ISIC divisions 1-5 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 3. Note: For VAB countries, gross value added at factor cost is used as the denominator.


Australia | Economy & Growth

GDP (current US$)
1339140527498 USD
GDP (current LCU)
1609513000000 LCU
GDP (constant 2005 US$)
1301024566004 USD
GDP (constant LCU)
1620073000000 LCU
GNI (current US$)
1311629919294 USD
GNI (current LCU)
1576448000000 LCU
GNI (constant 2005 US$)
1274357472488 USD
GNI (constant LCU)
1587532364094 LCU
Gross savings (current US$)
308227129422 USD
Gross savings (current LCU)
370458186852 LCU