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Gross domestic product and agriculture value added 1970–2019

Global and regional trends













​FAO. 2021. Gross domestic product and agriculture value added 1970–2019: Global and regional trends. FAOSTAT Analytical Briefs Series No. 23. Rome.


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    The FAOSTAT Macro Indicators database provides a selection of country-level macroeconomic indicators relating to total economy; agriculture, forestry and fishing; manufacturing; and agriculture sub-industry and Manufacturing sub-industry. It releases time series for a selection of National Accounts variables, including gross domestic product (GDP), gross fixed capital formation (GFCF), value-added (VA), GNI, agriculture sub-industry VA, and gross output. The database also proposes additional indicators such as per capita GDP, year-on-year growth rates, and measures of industry contribution to GDP. This brief analyses the latest update of the data domain for the period 1970-2018.
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    Gross domestic product is the most frequently quoted indicator of economic performance. It is a comprehensive measure of economic growth, as it measures the total value added generated within an economy over a specific time period. The FAOSTAT Macro Indicators data domain provides macroeconomic indicators at the country and regional levels relating to total economy; agriculture, forestry and fishing; manufacturing; agriculture sub-industry (agriculture) and manufacturing sub-industry (food and beverages products; tobacco products; food, beverages and tobacco products).According to the latest data analysed in this analytical brief, global gross domestic product expanded significantly over the past five decades, growing at an average annual rate of 3.0 percent from USD 21.6 trillion in 1974 to USD 92.6 trillion in 2023. This steady rise occurred despite a range of global disruptions, including recessions, a pandemic, and geopolitical tensions.
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    The FAOSTAT Macro Indicators database provides macroeconomic indicators at the country and regional levels relating to total economy; agriculture, forestry and fishing; manufacturing; agriculture sub-industry (agriculture) and manufacturing sub-industry (food and beverages products; tobacco products; food, beverages and tobacco products). According to the latest data analysed in this analytical brief, the global gross domestic product grew from USD 70.5 trillion in 2013 to USD 89.5 trillion in 2022, at an average annual rate of 2.7 percent that is 0.5 percent lower than in the 2003–2012 decade.

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