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Gross domestic product and agriculture value added 2013–2022

Global and regional trends













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FAO. 2024. Gross domestic product and agriculture value added 2013–2022 – Global and regional trends. FAOSTAT Analytical Briefs, No. 85. Rome.



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    Gross domestic product and agriculture value added 2014–2023
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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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    Gross domestic product and agriculture value added 2012–2021
    Global and regional trends
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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). It releases time series for a selection of national accounts variables, including gross domestic product (GDP), gross fixed capital formation, value added of agriculture forestry and fishing and of manufacturing, gross national income, value added and gross output of agriculture sub-industry. The database also proposes additional indicators such as gross domestic product per capita, gross national income per capita, and year-on-year growth rates and shares of industries’ contribution to gross domestic product. The database includes statistics of 218 countries and territories, including former countries, and covers the period 1970 to 2021. According to the latest data, the global agriculture, forestry and fishing value added increased steadily by 2.8 percent on annual average from USD 2.9 trillion in 2012 to USD 3.7 trillion in 2021.
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    Gross Domestic Product and Agriculture Value Added 2011–2020
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    2022
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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 (AFF); manufacturing (MAN); agriculture sub-industry (agriculture) and manufacturing sub-industry (food, beverages and tobacco products). It releases time series for a selection of national accounts variables, including gross domestic product, gross fixed capital formation, value added of agriculture forestry and fishing and of manufacturing, gross national income, value added and gross output of agriculture sub-industry. The database also proposes additional indicators such as gross domestic product per capita, gross national income per capita, and year-on-year growth rates and shares of industries’ contribution to gross domestic product. The database includes statistics of 218 countries and territories, including former countries. FAO compiles aggregate values at the regional and global levels. The time coverage is annual from 1970 to 2020. This brief analyses global and regional trends for the period 2011-2020.

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    Trade is essential in agrifood systems, enabling the distribution of agricultural commodities worldwide. It enhances access to healthy and affordable food, playing a significant role in food security, nutrition and safety – a vital element for countries that cannot produce enough to meet their domestic demand. Trade impacts numerous economic and social factors, such as market dynamics, agricultural productivity and the diversity of its outputs, the assortment, and the quality and safety of food products, and ultimately, dietary composition.The FAOSTAT Trade data domain disseminates statistics on the international trade of food and agricultural products for the period of 1961–2023. The food and agricultural trade datasets are collected, processed and disseminated by FAO according to the standard international merchandise trade statistics methodology.This analytical brief looks at the overall trade of agricultural products, food excluding fish and the main commodity groups for the period 2010–2023.