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

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

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TGM StatBox. (2024). Agriculture Sector Contribution to GDP in Philippines (1990-2022). TGM StatBox.
Chart Details
Timeframe: 1990-2022
Country: Philippines
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
The agriculture sector in the Philippines experienced a steady decline in GDP share from 19.2% in 1990 to 9.5% by 2022. This decline reflects the country’s shift towards services and manufacturing, particularly in business process outsourcing. Despite the gradual decrease, agriculture remains important for rural employment and food production.

The temporary rise to 10.2% in 2020 highlights the sector's critical role during the COVID-19 pandemic, emphasizing food security. While agriculture’s GDP share has decreased, it continues to support rural livelihoods and is essential to national food supply.

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