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Agriculture (% of GDP), according to World Development Indicators, measures the contribution of the agricultural sector to a country's Gross Domestic Product (GDP). This metric reflects the economic significance of activities such as farming, forestry, and fishing, indicating the value generated by agriculture relative to the overall economy.
Key Takeaways
Botswana's agriculture sector has steadily diminished in its contribution to GDP, reflecting the country's successful diversification into mining, particularly diamonds. Agriculture accounted for 4.5% of GDP in 1990 but dropped below 2% by 2005, as limited arable land and recurrent droughts hindered growth.
Despite minor fluctuations, the sector has remained marginal, contributing just 1.8% of GDP in 2022. This low figure highlights Botswana's focus on high-value industries like mining and finance, with agriculture playing a minor role in the overall economy.
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