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Field Detail
Theme Fisheries and Aquaculture
Code F-ECM-2.2
Sub-theme Economics of Fisheries and Aquaculture: macro aspects.
Name Contribution of fisheries and aquaculture to GDP (%)
Definition Total value of catch x VAR = F.2.1.2 x VAR commercial + F.2.1.4 x VAR subsistence + F.2.1.6 x VAR aquaculture + F.2.1.8 x VAR offshore local + F.2.1.10 x VAR offshore foreign. EBITDA = earnings before interest, tax, depreciation and amortisation
Calculation/Formula (Total value of catch x VAR) / GDP current (market) x 100
Unit of Measure %
Limitations Needs further consideration given uncertainty around future availability of data. It is difficult to capture the contribution to GDP for the entire marketing channel, so a generic value added ratio is required. Do we include foreign aid? Do we include public sector employment?
Purpose/Rationale To measures the contribution of fisheries and aquaculture to the economies of the Pacific Islands.
Policy Linkages DEVFISH 2 and AusAID (Export and Post Harvest) projects.
Preferred Data Sources Often based on (estimated catch value by sector x value added ratio by sector) + economic value add by all intermediaries. Intermediary data can be sourced from private company accounts and/or tax reports
Primary Data Collection System National Administrative Records - National accounts, government budgets and plans
Economic Tag GDP
Frequency of Data Collection Country dependent
Other agencies countries_ must report to: FAO collect annual statistics. ADB / FAO fisheries contribution to the Pacific Island Countries and Territories publication (by Robert Gillet in 2009 & 2011)
SPC Responsibility - Data Management CFP
SPC Programme FAME
Link to SPC Division Plan CFP.2. & CFP.3.
Numerator ((Total value of catch x VAR) + offshore licensing revenue + aggregated employment expense for all combined intermediaries + EBITDA of all combined intermediaries) / GDP x 100
Component 1 Total value of catch x VAR = F.2.1.2 x VAR commercial + F.2.1.4 x VAR subsistence + F.2.1.6 x VAR aquaculture + F.2.1.8 x VAR offshore local + F.2.1.10 x VAR offshore foreign.
Component 2 Offshore licensing revenue
Component 3 Aggregated employment expense for all combined intermediaries
Component 4 EBITDA (earnings before interest, tax, depreciation and amortisation) of all combined intermediaries
Denominator GDP
Factor x 100
Unit %