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

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

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TGM StatBox. (2024). Agriculture Sector Contribution to GDP in Singapore (1990-2022). TGM StatBox.
Chart Details
Timeframe: 1990-2022
Country: Singapore
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
Singapore’s agriculture sector contribution to GDP is negligible, recorded at 0.3% in 1990 and diminishing to nearly 0% by 2006, where it remains. This reflects Singapore's dense urbanization and strategic focus on finance, manufacturing, and high-tech industries. With minimal land for agriculture, Singapore relies on food imports, investing instead in vertical farming and urban agriculture for food resilience.

Agriculture’s near-zero GDP share underscores Singapore’s dependence on trade and technology to meet food demands, with innovations in agri-tech aimed at enhancing food security within its constraints.

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