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

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

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TGM StatBox. (2024). Agriculture Sector Contribution to GDP in Mexico (1990-2022). TGM StatBox.
Chart Details
Timeframe: 1990-2022
Country: Mexico
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
Mexico’s agriculture sector contribution to GDP declined from 6.7% in 1990 to 3.2% by 2000, reflecting the country’s transition toward manufacturing and services, especially after the North American Free Trade Agreement (NAFTA) took effect in 1994. NAFTA increased Mexico's focus on industrial sectors and exports, gradually reducing agriculture’s share. The sector’s contribution stabilized around 3% from 2001 to 2019, reflecting ongoing reliance on agriculture for employment, even as its GDP impact lessened.

In recent years, agriculture's share rose, reaching 4.0% in 2022, driven by increased demand for domestic food production, especially during the COVID-19 pandemic. This highlights agriculture’s resilience and ongoing role in supporting food security amid industrial growth.

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