Australia: GDP share of agriculture

* indicates monthly or quarterly data series
 Australia

Value added in the agricultural sector as percent of GDP

 Latest value 2.38
 Year 2023
 Measure percent
 Data availability 1990 - 2023
 Average 2.78
 Min - Max 2.01 - 4.19
 Source The World Bank
The latest value from 2023 is 2.38 percent, a decline from 2.68 percent in 2022. In comparison, the world average is 10.25 percent, based on data from 152 countries. Historically, the average for Australia from 1990 to 2023 is 2.78 percent. The minimum value, 2.01 percent, was reached in 2020 while the maximum of 4.19 percent was recorded in 1990. See the global rankings for that indicator or use the country comparator to compare trends over time.
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* indicates monthly or quarterly data series


Recent data
Australia - GDP share of agriculture - Recent values chart

Historical series
Australia - GDP share of agriculture - historical chart - 1990-2023




The importance of agriculture in the economy of Australia 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.
Definition: 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.

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 Related indicators Latest Reference Measure
 Forest area, percent 17.4 2021 percent
 Percent agricultural land 47.26 2021 percent
 Employment in agriculture 2.20 2022 percent
 GDP share of agriculture 2.38 2023 percent
 Agriculture value added 41.09 2023 billion U.S. dollars
 Agricultural land 3,635,190 2021 sq. km.
 Crop production index 146.1 2022 index points
 Precipitation 534 2020 mm per year
 Arable land, percent of land area 4.1 2021 percent
 Cereal crop yield by hectar 2,880 2022 kg per hectar
 Food production index 112.1 2022 index points
 Fertilizer use 82.6 2021 kg per hectare of arable land
 Livestock production index 87.5 2022 index points
 Forest area, sq.km 1,340,051.0 2021 sq. km
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