Agriculture, forestry, and fishing, value added (% of GDP)



Countries By Agriculture, forestry, and fishing, value added (% of GDP)



Key points



Official Definition of Agriculture, forestry, and fishing, value added (% of GDP)

Agriculture, forestry, and fishing corresponds to ISIC divisions 1-3 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 4. Note: For VAB countries, gross value added at factor cost is used as the denominator.



Importance

The Agriculture, forestry, and fishing, value added (% of GDP) statistic is crucial for a country as it provides insight into the contribution of these sectors to the country's overall economic output. A high value of this statistic indicates that agriculture, forestry, and fishing are significant contributors to the country's GDP, which can be beneficial in several ways:

Conversely, a low value added % in agriculture, forestry, and fishing can have negative implications:



Top 10 Countries by Agriculture, forestry, and fishing, value added (% of GDP)

Bottom 10 Countries by Agriculture, forestry, and fishing, value added (% of GDP)



Regions

Europe

The Agriculture, forestry, and fishing value added (% of GDP) statistic varies among the listed countries, ranging from 0.2% in Luxembourg to 19.2% in Albania. Countries like Moldova, Ukraine, and Montenegro have higher percentages, indicating a significant contribution of agriculture to their GDP. These countries may benefit from a diversified economy but could face volatility due to dependency on agriculture. On the other hand, countries like Andorra and Liechtenstein have very low percentages, suggesting a limited role of this sector in their GDP. This statistic reflects the economic structure and development priorities of each country, highlighting the importance of the agricultural sector for some nations while underscoring the need for diversification in others.

Far East: East Asia, SE Asia, Australia

The Agriculture, forestry, and fishing value added as a percentage of GDP varies among the listed countries with Cambodia having the highest value at 22.70% and Singapore the lowest at 0.03%. This statistic reflects the diverse economic structures of these countries. Countries like Cambodia, Myanmar, and Laos, with higher percentages, rely heavily on agriculture as a significant sector of their economies, providing employment but also exposing them to fluctuations in agricultural prices. Conversely, countries like Singapore and Brunei have more diversified economies but may face challenges in ensuring food security. Overall, the statistic highlights the importance of the agricultural sector in driving economic growth and development strategies for these nations.

ASEAN

Analysis of Agriculture, forestry, and fishing, value added (% of GDP) in selected countries:

Latin America

Argentina has a relatively low Agriculture, forestry, and fishing value added (% of GDP) of 6.36%, indicating a less significant contribution of these sectors to its GDP. In contrast, Nicaragua stands out with a high percentage of 15.74%, showcasing a heavy reliance on agriculture, forestry, and fishing activities. Bolivia and Honduras also demonstrate substantial contributions at 14.00% and 12.12% respectively. For Argentina, a low dependence on these sectors may suggest economic diversification but could also mean a vulnerability to external market fluctuations. In contrast, Nicaragua's high percentage signifies a key driver of its economy, providing employment but potentially posing challenges in terms of modernization and sustainability.

Middle East

The data on Agriculture, forestry, and fishing, value added (% of GDP) for the selected countries ranges from 0.31% in Bahrain to 36.64% in Syria. This statistic reflects the contribution of the agricultural, forestry, and fishing sectors to the countries' GDP. Countries like Syria, Algeria, and Iran have higher values, indicating a significant reliance on these sectors for economic output. This high dependency could provide stability but may also pose risks during times of environmental or market fluctuation. In contrast, countries with lower values like Bahrain and Kuwait show a lesser reliance, potentially indicating more diversified economies. This diversity could offer resilience but might also mean challenges in ensuring food security and rural development.



Rivals

Anglosphere v BRICS

India stands out among the listed countries with the highest value added from agriculture, forestry, and fishing at 18.64% of GDP, indicating a significant contribution of these sectors to its economy. Brazil and China follow with 5.71% and 7.70% respectively, showcasing their reliance on these sectors. On the other hand, the United Kingdom and the United States have the lowest percentages at 0.66% and 0.95%, suggesting a lesser emphasis on traditional agricultural activities. India's high value indicates a strong agricultural base but may also highlight challenges in diversifying its economy. In contrast, the UK and the US may benefit from a more diversified economy but could face food security risks or rural livelihood challenges.

Russia v Ukraine

In terms of Agriculture, forestry, and fishing value added (% of GDP), Russia has a value of 4.01% while Ukraine has a higher value of 9.31%. This indicates that Ukraine has a larger contribution from the agricultural sector to its GDP compared to Russia. Ukraine benefits from a more diversified agricultural sector, providing employment opportunities and contributing significantly to its economy. However, this heavy reliance on agriculture could also make Ukraine vulnerable to changing market conditions. On the other hand, Russia's lower percentage suggests a less pronounced reliance on agriculture, which could indicate a more diversified economy. This statistic reflects the importance of the agricultural sector in both countries' economies, influencing their development strategies and susceptibility to agricultural market fluctuations.

France v United Kingdom

France has a higher percentage of Agriculture, forestry, and fishing value added (% of GDP) compared to the United Kingdom, with 1.58% and 0.66% respectively. This indicates that agriculture, forestry, and fishing sectors play a more significant role in France's economy than in the UK. For France, this reliance on the primary sector provides stability but can also lead to vulnerability in times of agricultural market fluctuations. On the other hand, the UK's lower dependence on these sectors allows for more diversification but could also mean less resilience to food supply disruptions. Overall, this statistic suggests that both countries need to carefully balance the importance of these sectors for sustainable economic development.

Israel v Iran

In terms of Agriculture, forestry, and fishing, value added (% of GDP), Iran shows a higher percentage at 12.21% compared to Israel's 1.32%. This indicates that Iran relies more heavily on these sectors in its economy compared to Israel. For Iran, the advantage lies in a diverse agricultural sector contributing significantly to its GDP, but a disadvantage could be over-dependence leading to vulnerability in volatile markets. On the other hand, Israel's lower percentage suggests a more diversified economy with less reliance on traditional agriculture, offering stability but potentially hindering rural development. This statistic signifies Iran's need for diversification for economic resilience and Israel's strength in innovation and technology.

Saudi Arabia v Iran

Iran has a relatively high Agriculture, forestry, and fishing value added (% of GDP) at 12.21%, indicating a significant contribution of these sectors to the Iranian economy. In contrast, Saudi Arabia's value added in these sectors is much lower at 2.96%, reflecting a lesser dependence on agriculture, forestry, and fishing activities. Iran's strong focus on these sectors provides advantages such as food security and employment opportunities, but it also poses risks related to resource depletion. On the other hand, Saudi Arabia's diversification away from these sectors reduces vulnerability to fluctuations in agricultural output but may lead to potential food security challenges. This statistic plays a crucial role in shaping the development strategies of both countries, influencing policy decisions regarding economic diversification, resource management, and sustainable growth.

India v Pakistan

India has a Agriculture, forestry, and fishing value added (% of GDP) of 18.64%, while Pakistan has a higher percentage at 21.85%. India's economy heavily relies on agriculture, making this statistic crucial for its development. The advantage for India lies in its large agricultural sector providing employment to a significant portion of the population. However, this also poses a disadvantage as it can lead to lower productivity and efficiency compared to more diversified economies. For Pakistan, a higher percentage indicates a relatively larger contribution of agriculture to its GDP. This can be advantageous in terms of food security but may also indicate vulnerability to factors affecting the agricultural sector. Overall, both countries need to carefully manage and diversify their economies to ensure sustainable growth and reduce dependency on agriculture.

Turkey v Greece

In terms of Agriculture, forestry, and fishing value added as a percentage of GDP, Greece stands at 4.10% while Turkey is higher at 6.67%. Turkey's higher percentage indicates a relatively larger contribution of the agriculture, forestry, and fishing sectors to its GDP compared to Greece. For Turkey, this signifies a potentially stronger emphasis on these sectors which can provide employment opportunities and food security but may also indicate a heavier reliance on traditional sectors. In contrast, Greece's lower percentage may suggest a more diversified economy, reducing vulnerability to fluctuations in agricultural output but possibly leading to less focus and investment in these sectors.

China v Japan

In terms of Agriculture, forestry, and fishing value added (% of GDP), China stands at 7.70% whereas Japan is at 1.07%. China's higher percentage indicates a larger contribution of these sectors to its GDP compared to Japan, showcasing its significant agricultural output. This high reliance on agriculture can provide stability but also vulnerability to market fluctuations for China. Conversely, Japan's lower percentage suggests a more diversified economy with lesser dependence on these sectors, which can offer resilience but may result in higher food import bills. For China, this statistic signifies the importance of agricultural reforms for sustainable development, while for Japan, it reflects the need to maintain efficiency in the agricultural sector to meet domestic demands.



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