Top 10 Agricultural Countries by GDP Contribution 2017

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2. India

India, the most populous democracy in the world, is a country in South Asia.


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It is also the second most populous country in the world and the seventh largest country by area. India is one the fastest growing economies of the world and according to the International Monetary Fund(IMF), the Indian economy is the sixth largest economy by exchange rates with nominal worth of US$2.454 trillion and third largest by purchasing power parity(PPP).

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The service sector makes up 55.6% of GDP, the industrial sector 26.3% and the agricultural sector 18.1% of GDP. Agriculture, with its allied sectors like fisheries and forestry, plays a vital role in India’s economy and is one of the largest contributors of the Gross Domestic Product. Agriculture is also the largest livelihood provider in India as over 58% of the rural households are dependent on agriculture. Agriculture and allied sectors is estimated to grow at 4.1% for 2016-17.

India is the largest producer of spices and spice products and is also the second largest fruit producer in the world. It is ranked third in farm and agricultural outputs. India is also second largest producer of wheat and rice which are the world’s major food staples. The industry is divided into several segments like dairy, food grains, frozen food, meat, poultry and fisheries.

Due to increased investments in agricultural facilities like irrigation, warehousing, storage and genetically modifying crops to increase the yield will generate momentum to the agriculture sector in India in the next few years.

Agriculture Contribution to GDP: 17.4%

Agriculture GDP (Million $): 391672



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