Agriculture Value Added as a Share of GDP by Country 2006

Lesotho

In 2006, Lesotho ranked 167 out of 188 countries in terms of agriculture value added as a share of its GDP, with a reported value of $76,738,786.24. This statistic highlights the significant role that agriculture plays in the country's economy, despite its relatively low ranking compared to other nations.

The agriculture sector in Lesotho is crucial for livelihoods, employing a large portion of the population and providing food security. Factors contributing to the modest agricultural output include land degradation, erratic weather patterns, and limited access to modern farming techniques.

Additionally, Lesotho’s mountainous terrain and susceptibility to droughts further challenge agricultural productivity, which is vital for the nation where approximately 70% of the population relies on agriculture as their primary source of income. The economy's dependence on agriculture underscores the need for sustainable practices and investment in agricultural technology to enhance productivity and resilience.

Somalia

In 2006, Somalia ranked 73rd out of 188 countries in terms of agriculture value added as a share of GDP. The agriculture sector contributed approximately $2,636,941,079 to the country's economy, highlighting its significance in the national income. This statistic reflects the reliance of the Somali economy on agriculture, which is predominantly characterized by pastoralism and subsistence farming.

Several factors have influenced this statistic, including Somalia's extensive arable land, favorable climate for livestock grazing, and the traditional reliance on agriculture by the majority of the population. However, the agricultural sector faces numerous challenges such as ongoing conflict, lack of infrastructure, and climatic variability, which can impede production and economic stability. Additionally, international aid and remittances have played critical roles in supporting agricultural activities amidst these challenges.

Interestingly, agriculture has historically been a backbone of Somalia's economy, with a significant portion of the population engaged in farming and livestock herding. Despite the adversities, the agricultural sector remains a vital source of food security and employment for the Somali people.

Armenia

In 2006, Armenia ranked 105th out of 188 countries in terms of agriculture value added as a share of GDP. The value of agriculture's contribution to the economy was approximately $1,193,585,468, highlighting its significant role in the nation's economic structure.

The relatively high share of agriculture in Armenia's GDP can be attributed to several factors, including the country's mountainous terrain which is suitable for certain types of crops and livestock. Additionally, after gaining independence from the Soviet Union, Armenia's agrarian sector underwent various reforms aimed at boosting production and improving food security.

It is noteworthy that agriculture has historically been a crucial sector for Armenia, providing employment to a substantial portion of the population and playing a vital role in rural development. The reliance on agriculture also underscores the challenges faced by the country in diversifying its economy and reducing vulnerability to external economic shocks.

Bosnia and Herzegovina

In 2006, Bosnia and Herzegovina ranked 111th out of 188 countries in terms of agriculture value added as a share of GDP. The agriculture sector contributed approximately $1,036,171,592 to the national economy, highlighting its significance in the country's overall economic structure.

This statistic reflects the important role of agriculture in Bosnia and Herzegovina, where a significant portion of the population is employed in farming and related activities. The country's agricultural output is influenced by its diverse climate and topography, which allow for the cultivation of various crops and livestock.

Factors contributing to this level of agricultural output include the legacy of the Yugoslav era, when agricultural practices were established, as well as the challenges posed by the post-war recovery and modernization of the agricultural sector. Additionally, the country has faced issues such as land fragmentation and limited access to modern technologies, which impact productivity.

Interestingly, agriculture remains a vital component of the economy for many countries in the region, as evidenced by similar statistics in neighboring nations. This emphasizes the ongoing importance of agricultural development as a pathway to economic stability and growth in Bosnia and Herzegovina.

Cyprus

In 2006, Cyprus ranked 140th out of 188 countries regarding the share of agricultural value added as a percentage of its Gross Domestic Product (GDP). The agricultural value added for that year was approximately $464,478,936.1, highlighting the sector's relatively limited contribution to the overall economy.

The agricultural sector in Cyprus has historically faced challenges due to the island's small size and limited arable land, which affects production capacity. Additionally, the economy has been increasingly oriented towards services and tourism, further diminishing the relative importance of agriculture in GDP calculations. Despite this, agriculture remains vital for local food production and rural employment.

Notably, Cyprus has a Mediterranean climate, which supports the cultivation of certain crops such as citrus fruits, vegetables, and cereals. As a result, the agricultural sector is characterized by a focus on high-quality products, which can contribute to niche markets both domestically and internationally.

Bahrain

Bahrain ranked 172nd out of 188 countries in terms of agriculture value added as a share of GDP in 2006. The total value attributed to agriculture in Bahrain for that year was approximately $49,722,579.79, indicating a minimal contribution to the overall economy.

This low figure reflects Bahrain's heavy reliance on the oil and gas sector, which dominates its economic landscape, overshadowing agricultural activities. Factors such as the country's limited arable land, harsh climate, and urban development pressures significantly constrain agricultural productivity.

Interestingly, Bahrain's agricultural sector has historically faced challenges but has also seen efforts towards diversification and modernization. As part of its economic strategy, the government has aimed to enhance food security and promote sustainable farming practices, although the sector's overall contribution to GDP remains marginal compared to other industries.

Botswana

In 2006, Botswana ranked 155th out of 188 countries in terms of agriculture value added as a share of GDP. The agriculture sector contributed approximately $172,310,071.6 to the national economy, indicating a limited role in the overall economic framework of the country.

This relatively low contribution can be attributed to Botswana's focus on diamond mining and livestock farming, which dominate its economic landscape. The country has historically emphasized mineral extraction as a primary driver of economic growth, which has overshadowed agricultural development.

Additionally, factors such as arid climate conditions, limited arable land, and the impact of HIV/AIDS on the labor force have further constrained agricultural productivity. Despite these challenges, Botswana's government has implemented various initiatives to enhance food security and promote agricultural diversification.

Republic of Moldova

In 2006, the Republic of Moldova ranked 134th out of 188 countries in terms of agriculture value added as a share of its Gross Domestic Product (GDP). The total agriculture value added for that year was approximately $549,638,580.2, indicating a significant reliance on the agricultural sector for economic stability and growth.

This statistic highlights the fundamental role of agriculture in Moldova's economy, where a large portion of the population is engaged in farming and related activities. Factors contributing to this reliance include limited industrial development, historical agrarian practices, and the country's geographical landscape, which is conducive to agriculture.

Furthermore, Moldova's agricultural sector is characterized by the production of crops such as grapes, vegetables, and cereals, which are vital for both domestic consumption and export. The importance of agriculture is underscored by the fact that it provides employment for a significant percentage of the workforce, thus playing a crucial role in the country’s overall socio-economic framework.

Brunei Darussalam

In 2006, Brunei Darussalam ranked 166th out of 188 countries in terms of agriculture value added as a share of GDP, with a recorded value of $86,609,976.08. This statistic reflects the relatively minor role that agriculture plays in the nation's overall economy, which is heavily dominated by the oil and gas sector.

The low contribution of agriculture to GDP can be attributed to several factors, including the country's abundant natural resources, which have led to a focus on petroleum extraction and export. Additionally, the small land area and limited agricultural diversity constrain the potential for agricultural expansion.

As a result, Brunei relies significantly on food imports to meet its consumption needs, creating a dependency on global food markets. This economic landscape highlights the challenges faced by the agricultural sector in diversifying and increasing its contribution to the economy.

Montenegro

In 2006, Montenegro ranked 152nd out of 188 countries in terms of agriculture value added as a share of GDP. The total value of agriculture output contributing to the nation's GDP was approximately $223,495,011.9. This relatively low ranking indicates that agriculture played a limited role in the overall economic structure of Montenegro at that time.

The agricultural sector in Montenegro has faced several challenges, including geographical limitations, outdated farming techniques, and a lack of investment. These factors contributed to the sector's inability to compete with more industrialized economies, resulting in a lower share of GDP derived from agriculture. Additionally, the country's transition from a socialist to a market economy post-independence in 2006 impacted the agricultural landscape.

Despite these difficulties, Montenegro is known for its diverse agricultural products, including grapes, olives, and dairy, which have potential for growth in both local and export markets. The government has been working to enhance agricultural productivity and sustainability, indicating a recognition of the sector's importance to the national economy.