Bosnia and Herzegovina: Value added in the agricultural sector as percent of GDP
For that indicator, The World Bank provides data for Bosnia and Herzegovina from 1994 to 2018. The average value for Bosnia and Herzegovina during that period was 10.45 percent with a minumum of 5.6 percent in 2017 and a maximum of 35.85 percent in 1994.
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The importance of agriculture in the economy of Bosnia and Herzegovina and other countries is measured as the value added of the agricultural sector as percent of GDP. Agriculture includes forestry, hunting, and fishing, as well as the cultivation of crops and livestock production.
Definition: 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 or 4.