Financial systems and development

Share of agriculture in GDP
_ 0-9 percent The value added by a country's agricul-
10-19 percent ,, tural sector divided by the gross domes- absolute values of production. For
[~j 10-19 percent tic product gives the share of agriculture countries with high levels of subsistence
20-39 percent in GDP. The map classifies countries by farming, the share of agriculture in GDP
40 + percent those shares. For example, countries is difficult to measure due to difficulties
[7-= whose shares of agriculture in GDP in assigning subsistence farming its ap-
Li Data not available range from 0 to 9 percent are colored propriate value. For more details, see
yellow. The shares say nothing about the technical note for Table 3.
External balances of low- and middle-income countries
Percentage Low-income Middle-income Highly indebted Sub-Saharan
of GDP economies economies economies Africa
1 1970-79 1980-83 1984-87 1970-79 1980-83 1984-87 1970-79 1980-83 1984-87 1970-79 1980-83 1984-87
0
-2
-3 __________I 1
-4
-5 The current account balance (on goods, services, income, and all unrequited transfers)
represents transactions that add to or subtract from an economy's stock of foreign financial
items. For some purposes, however, official unrequited transfers (mainly foreign aid grants,
-6 food aid, and technical assistance) are treated as being dosely akin to official capital movements.
A measure of the current account balance before official transfers, sometimes referred
to as "total to be financed," is then appropriate. For further information, see the
-7 technical note for Table 18 but note that the table reports dollar values for each measure in
- 1970 and 1987, whereas the chart traces period averages relative to GDP throughout the
period.
-8
- - - - Current account balance Current account balance r i1
(after official transfers)
(before official transfers)
Note: For explanations of terms or methods, see the technical notes for Table 18.
Financed by net official transfers
163