Gross Domestic Product and Agriculture Value Added 2011–2020
12/05/2022
The FAOSTAT Macro Indicators database provides macroeconomic indicators at the country and regional levels relating to total economy; agriculture, forestry and fishing; manufacturing; agriculture sub-industry (agriculture) and manufacturing sub-industry (food and beverages products; tobacco products; food, beverages and tobacco products). It releases time series for a selection of national accounts variables, including gross domestic product (GDP), gross fixed capital formation, value added of agriculture forestry and fishing and of manufacturing, gross national income, value added and gross output of agriculture sub-industry. the database also proposes additional indicators such as gross domestic product per capita, gross national income per capita, and year-on-year growth rates and shares of industries’ contribution to gross domestic product.
The database includes statistics of 218 countries and territories, including former countries. FAO compiles aggregate values at the regional and global levels. The time coverage is annual from 1970 to 2020. Data are available in both national currency and in USD, in current prices and in constant 2015 prices. The breakdown of economic activities follows the International Standard Industrial Classification of All Economic Activities (ISIC).
According to the latest data, global GDP grew from USD 66.5 trillion in 2011 to USD 83.7 trillion in 2019, at an average annual rate of 2.3 percent. However, the COVID-19 pandemic broke this upward trend, as GDP fell by 3.4 percent to USD 80.9 trillion in 2020.
