Contribution of agriculture to economy

This subfield highlights the role that agriculture plays in the development of national economy. According to statistical data, the contribution of agriculture, forestry, fishery to GDP is important, but far from the dynamics and percentages registered before 1989. This decline is normal for developed or developing countries, given that value added in agriculture is not that important. In the European Union, for instance, in Germany and France, the most significant economies, agriculture contributes less than 2% to GDP. Certainly, the figures above can be explained by the weight of industry and economy, which is not the case of Romania. In Romania, one explanation for the relatively modest contribution of agriculture to GDP is the extent of subsistence agriculture, the excessive fragmentation of agricultural land, to which can be added the absence of long-term managerial vision. For instance, Romania exports cereals and imports meat and processed products. [read more]

The subfield contains one main indicator: agriculture, value added (% of GDP), and a number of three secondary indicators (value added per employee in agriculture, CIF imports – crops and livestock products, FOB exports - crops and livestock products).


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