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

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

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TGM StatBox. (2024). Agriculture Sector Contribution to GDP in Spain (1990-2022). TGM StatBox.
Chart Details
Timeframe: 1990-2022
Country: Spain
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
Spain's agriculture sector contribution to GDP experienced a steady decline from 4.4% in 1996 to around 2.3% by 2022. This decrease is linked to Spain’s growing service and industrial sectors, especially tourism, which have overtaken agriculture as key economic drivers. The sector’s contribution stabilized around 2.4-2.8% from 2012 to 2018, reflecting a period of steady agricultural productivity despite broader economic diversification.

The slight increase to 2.8% in 2020 may be attributed to increased demand for food security during the pandemic. Spain's agriculture, though less dominant in GDP terms, remains crucial, particularly for exports of produce like olives, wine, and citrus fruits.

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