
Brazil: GDP share of agriculture
* indicates monthly or quarterly data series
Brazil |
Value added in the agricultural sector as percent of GDP |
---|---|
Latest value | 6.89 |
Reference | 2021 |
Measure | percent |
Source | The World Bank |
For that indicator, we provide data for Brazil from 1960 to 2021. The average value for Brazil during that period was 8.34 percent with a minimum of 4.12 percent in 2010 and a maximum of 16.17 percent in 1965.
The latest value from 2021 is 6.89 percent. For comparison, the world average in 2021 based on 166
countries is 10.35 percent.
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* indicates monthly or quarterly data series
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The importance of agriculture in the economy of Brazil 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 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.