Agriculture sector is the most important sector of pakistan’s economy it contributing 209 percent towards gdp, 435 percent of total labour force engaged with this sector. The agricultural sector continues to play a crucial role for development, especially in low-income countries where the sector is large both in terms of aggregate income and total labor force having. Agricultural sector plays a strategic role in the process of economic development of a country it has already made a significant contribution to the economic prosperity of advanced countries and its role in the economic development of less developed countries is of vital importance. Agriculture is the largest sector of the nigerian economy with gdp contribution of about 40% research shows that nigeria has over 80 million hectares of arable land this accounts for about 23% of arable land across all of west africa. “agriculture is the most important sector of the african economy and will have to be its driving engine out of poverty it accounts for 65% of the continent’s employment and 75% of its domestic trade,” the director-general of the un industrial development organisation (unido), kandeh k yumkella, said in a news release.
Gross value added by agriculture, forestry and fishing is estimated at rs 1767 trillion (us$ 27423 billion) in fy18 agriculture and allied sector’s gva at constant 2011-12 prices grew a cagr of 275 per cent between fy12-18 agriculture is the primary source of livelihood for about 58 per cent . Sources of greenhouse gas exit contribution of working group i to the fourth assessment examples of reduction opportunities for the agriculture sector type. The abstract of agricultural statistics is an annual publication providing south african agricultural statistics of major importance on, inter alia , field crops, horticulture, livestock, important indicators and the contribution of agriculture to the south african economy.
She noted that economic growth has gone hand in hand with agricultural progress stagnation in agriculture is the principal explanation for poor economic performance, while rising agricultural productivity has been the most important concomitant of successful industrialization. Africa competitiveness report 2015 agriculture persists as an important sector of the african economy other potential contributions of icts in agricultural . China agriculture is one of the most important sector of economy and as the statistics suggest the china agriculture provides more than 12 percent of the total gross domestic product or the gdp in the country.
The overall contribution of the agriculture sector to gdp is larger than this because sectors related to agriculture—forestry, fishing, and related activities food, beverages, and tobacco products textiles, apparel, and leather products food and beverage stores and food service, eating and drinking places—rely on agricultural inputs in . The agricultural sector and nigeria’s development: comparative perspectives from the brazilian agro-industrial important role of the agricultural sector in . Wheat is the most consumed food item of pakistan and fortunately it is the most cultivated crop of pakistan imagine what if pakistan is not an agricultural country.
This publication examines the combined contributions of the agricultural and food processing industries to new mexico’s economy the second most important . The essential contribution of agriculture to economic growth and development has been an on-going subject of debate among development economist, several theorist argue that growth of the whole economy relies on the development of agricultural sector (schuttz, 1964, gollin, parente and rogerson 2002). The world bank graph below shows the contribution of the agricultural sector since 1980 to mexico's gross domestic product the services sector slowly started to assume a more important role .
For low-income countries, the role of the consultative group on international agricultural research (cgiar) should become far more important than in the past as a link to basic research, private sector research and high-income countries. The importance of agriculture do not engage in agriculture contribution to national revenue activities in the agricultural sector is important as it . 2 the agricultural sector 21 population in agriculture and contribution of the sector to gdp the relevance of agriculture to the region is confirmed by the size of the population in the agricultural sector, estimated in 1998 to be about 162% of the total population. The south african agricultural sector continues to play an important role in the economy regardless of its declining share in gdp contrary to popular belief, the country is not self-sufficient in its food supply, but does not operate as a net importer of agricultural products due to the exports of high value items such as fruit and wine.