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

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

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TGM StatBox. (2024). Agriculture Sector Contribution to GDP in Colombia (1990-2022). TGM StatBox.
Chart Details
Timeframe: 1990-2022
Country: Colombia
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
Colombia’s agriculture sector contribution to GDP has shown a significant decline, from 17.5% in 1991 to around 6.4% in the early 2000s, reflecting the country’s economic diversification and increased focus on oil and services. However, the sector saw a resurgence from 2015 onward, rising to 7.6% in 2021 and 8.3% in 2022, likely fueled by government initiatives to boost rural economies and improve food security.

This recent increase emphasizes agriculture’s ongoing importance in Colombia, especially for rural employment and exports. Agriculture’s steady recovery over the last decade also reflects a response to economic challenges, as well as sustained demand for Colombia’s coffee, bananas, and flowers in global markets.

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