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Agriculture Sector Contribution to GDP in Brazil (1990-2022)

Agriculture Sector Contribution to GDP in Brazil (1990-2022)

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TGM StatBox. (2024). Agriculture Sector Contribution to GDP in Brazil (1990-2022). TGM StatBox.
Chart Details
Data Source: World Development Indicators.
Timeframe: 1990-2022
Country: Brazil
Published date: 2024
Note: 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
Brazil’s agriculture sector contribution to GDP declined from 7% in 1990 to 4.2% in 2019, as the nation’s economy diversified towards services and industry. However, the share saw an increase to 7.5% in 2021, driven by Brazil’s focus on agricultural exports, especially soybeans, to meet rising global demand.

Fluctuations in agriculture’s contribution reflect Brazil’s sensitivity to global commodity prices and environmental factors. The sector remains vital for exports, although its relative GDP share has reduced as Brazil’s economic structure broadens.

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