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For many of the other countries data are available only for a limited number of years in which case data for the missing years have been imputed using the available data as the base for investment ratio using ARMAX modelling. For many countries, NCS series and GCS starts in the mid-2000s. Between 1970 and 2014, real global value-added in the Agriculture, Forestry and Fishing (AFF) sector rose from $0.7 trillion to $1.9 trillion (in 2005 USD). ICT has three components: information technology equipment (computers and related hardware); communications equipment; and software. Taxes and social contributions receipts, QNA – Archive before 2019 benchmark revisions, Annual National Accounts, Archive before 2019 benchmark revisions, Main aggregates, Archive before 2019 benchmark revisions, 1. Gross Domestic Product (GDP), the most frequently quoted indicator of economic performance, is a comprehensive measure of the total gross value added generated within an economy over a specific time period. In 1970, the leading trio of contributors to global value-added in AFF were Asia and the Pacific (34.9%), Europe (27.2%), and the Other Developed region (12.3%). If the full set of official data is not available for a specific country, estimation procedures are employed to obtain estimates for the entire time series. However, this rise is again not uniform across all regions: while annual flows of physical investment in the agriculture sector doubled in Asia & Pacific over the last decade, it remained stagnant in Europe and in the Other Developed regions. Financial balance sheets - consolidated - SNA 2008, 720. Table 3: Average Investment Ratio (GFCF share of GDP), by region, 1970-2014. Taxes and social contributions receipts copy, 11. The above analysis relies combined information coming from the Macro-Indicators and Agricultural Capital stock databases both available on FAOSTAT under the Macro-Statistics domain. Capital formation by activity, ISIC rev3, 8A. Value added and its components by activity, SNA93, 6A. Contact us | Terms and Conditions | Scam Alert. Financial balance sheets - consolidated, 710. In the other regions, the increase was less remarkable with multiplicative factors ranging from 3.1 in Latin America and Caribbean to a lower 1.1 in the Other Developed region.
For some 100 countries, data on agriculture GFCF were fully missing and are imputed based on panel regression approach (with an adjustment on the series level to ensure coherence with the agriculture consumption of fixed capital series whenever available from UNSD OCD).
Government deficit/surplus, revenue, expenditure and main aggregates, SNA93, 14A. It is a useful indicator to identify and monitor developments in investment trends over time, particularly as capital accumulation is a growth enhancing phenomenon as it increases the productive capacity of an economy, making large-scale production possible and promoting a greater degree of specialization.
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