Agriculture, value added (% of GDP)

Field: Agriculture, food and food security

Subfield: Contribution of agriculture to economy

Details:

This indicator highlights the value added by agriculture to national GDP, calculated as global financial value of agriculture to total financial value of all economic fields in GDP. The contribution of agriculture to Romania’s GDP is approximately five times lower than 1990, as a consequence of the decrease of direct and indirect investment in the field. This decreasing trend is visible in other Eastern Europe countries, as well. Romania and Bulgaria have had relatively similar trends (based on an abrupt drop from 23%, and 18%, respectively, to approximately 5% in both countries), while Hungary and Poland have experienced a similar trend, which is, however, gradual and less steep (from 8%, respectively 6%, to 4% and 3%).

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Agriculture, value added (% of GDP)

Units: % of GDP (World Bank), million RON (INS)

Source:
 World Bank, variable Agriculture, value added (% of GDP)
INS, variable CON103A

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