Top 10 Agricultural Countries by GDP Contribution 2016
Posted in Top Brand Lists, Total Reads: 196
Agriculture in China is a vital industry which employs over 300 million farmers.
China ranks first in world in terms of farm output producing primarily rice potatoes, tomato, peanuts, tea, millet cotton, oilseed, barley and soybeans. Although China has world 10% of arable land but produces food for over 20% of the world’s population.
Vegetables are sowed and grown on road embankments, also in traffic triangles and also along the walls of many buildings. Since 1949 China lost around one-fifth of land suited for cultivation. About 10 to 15 per cent of the land is only suitable for agriculture in China as compared to 1 percent in Saudi Arabia, 20 percent in United States of America, 32 percent in France and 50 percent in India. There is around 545,960 square kilometres of land supported by irrigation in China. 40 percent of land irrigated in China has China’s crop as compared to 23 % in India. The yield per acre on an average in China would be double to that of India.
Traditionally China has struggled to meet the food requirements of its population. Around 20th century famines were a major problem for china as it periodically ravaged it. A lot of attention nowadays is given to agricultural production rather than on weather, wars or politics. In 1970s, with introduction of new reforms the share of agriculture increased gradually in Gross domestic Product annually. Because of privatisation and marked rise in prices paid for agricultural products, agricultural output increased from 30 percent to 33 percent of GDP from 1980 to 1983.
Although services sector contribution has increased a lot more than any other sector but agriculture share in GDP is still substantial.
Agriculture contribution to GDP: 9,99,437.44 million dollars
The agriculture contribution percentage to the GDP was studied for all the countries. From all the above, the total value of agriculture contribution in terms of USD was calculated for finalizing the ranks.