Primary sector of the economy (Redirected from Agricultural production)

The primary sector of the economy includes any industry involved in the extraction and production of raw materials, such as farming, logging, fishing, forestry and mining.

The primary sector tends to make up a larger portion of the economy in developing countries than it does in developed countries. For example, in 2018, agriculture, forestry, and fishing comprised more than 15% of GDP in sub-Saharan Africa but less than 1% of GDP in North America.

In developed countries the primary sector has become more technologically advanced, enabling for example the mechanization of farming, as compared with lower-tech methods in poorer countries. More developed economies may invest additional capital in primary means of production: for example, in the United States corn belt, combine harvesters pick the corn, and sprayers spray large amounts of insecticides, herbicides and fungicides, producing a higher yield than is possible using less capital-intensive techniques. These technological advances and investment allow the primary sector to employ a smaller workforce, so developed countries tend to have a smaller percentage of their workforce involved in primary activities, instead having a higher percentage involved in the secondary and tertiary sectors.

List of countries by agricultural output

Largest countries by agricultural output (in PPP terms) according to the IMF and CIA World Factbook, at peak level as of 2018
Economy
Countries by agricultural output (in PPP terms) at peak level as of 2018 (billions in USD)
(01)  China
2,101
(02)  India
1,400
(03)  Indonesia
486
(—)  European Union
352
(04)  Pakistan
284
(05)  Nigeria
253
(06)  Brazil
209
(07)  Russia
196
(08)  United States
185
(09)  Iran
162
(10)  Turkey
155
(11)  Egypt
154
(12)  Thailand
109
(13)  Vietnam
108
(14)  Bangladesh
108
(15)  Argentina
101
(16)  Mexico
100
(17)  Philippines
92
(18)  Myanmar
89
(19)  Algeria
87
(20)  Malaysia
84

The twenty largest countries by agricultural output (in PPP terms) at peak level as of 2018, according to the IMF and CIA World Factbook.

See also


This page was last updated at 2024-02-03 11:36 UTC. Update now. View original page.

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