In 2018, the agricultural sector in Nicaragua contributed with approximately 15.5 percent of the value added to the country's gross domestic product (GDP), the highest contribution reported for the region. In contrast, the lowest contribution was reported by Trinidad and Tobago, with a share of less than 0.5 percent.
The agricultural sector includes forestry, hunting, and fishing, as well as cultivation of crops and livestock production.
Share of value added by the agricultural sector to the gross domestic product (GDP) in Latin America and the Caribbean in 2018, by country
* Data is from 2017.
** Data is from 2016.
Data represents the share of value added by the agricultural sector, which includes forestry, hunting, and fishing, as well as cultivation of crops and livestock production.
Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources.
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World Bank. (October 28, 2019). Share of value added by the agricultural sector to the gross domestic product (GDP) in Latin America and the Caribbean in 2018, by country [Graph]. In Statista. Retrieved March 28, 2020, from https://www.statista.com/statistics/1079120/latin-america-caribbean-agriculture-share-gdp/
World Bank. "Share of value added by the agricultural sector to the gross domestic product (GDP) in Latin America and the Caribbean in 2018, by country." Chart. October 28, 2019. Statista. Accessed March 28, 2020. https://www.statista.com/statistics/1079120/latin-america-caribbean-agriculture-share-gdp/
World Bank. (2019). Share of value added by the agricultural sector to the gross domestic product (GDP) in Latin America and the Caribbean in 2018, by country. Statista. Statista Inc.. Accessed: March 28, 2020. https://www.statista.com/statistics/1079120/latin-america-caribbean-agriculture-share-gdp/
World Bank. "Share of Value Added by The Agricultural Sector to The Gross Domestic Product (Gdp) in Latin America and The Caribbean in 2018, by Country." Statista, Statista Inc., 28 Oct 2019, https://www.statista.com/statistics/1079120/latin-america-caribbean-agriculture-share-gdp/
World Bank, Share of value added by the agricultural sector to the gross domestic product (GDP) in Latin America and the Caribbean in 2018, by country Statista, https://www.statista.com/statistics/1079120/latin-america-caribbean-agriculture-share-gdp/ (last visited March 28, 2020)
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