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USA: Value added in the agricultural sector as percent of GDP: For that indicator, The World Bank provides data for the USA from 1997 to 2014. The average value for the USA during that period was 1.21 percent with a minumum of 1 percent in 2002 and a maximum of 1.45 percent in 2013.
The importance of agriculture in the economy of the USA and other countries is measured as the value added of the agricultural sector as percent of GDP. Agriculture includes forestry, hunting, and fishing, as well as the cultivation of crops and livestock production. GDP share of agriculture rankings around the world. Create and download charts for USA GDP share of agriculture and other indicators with the country comparator.
World Bank definition: Agriculture corresponds to ISIC divisions 1-5 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 3. Note: For VAB countries, gross value added at factor cost is used as the denominator.