Adding value to agriculture

DEFINITION: Agriculture, value added (% of GDP). Agriculture corresponds to ISIC divisions 1-5 and 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. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3.

Ok, that’s the World Bank definition of agricultural value added. So what country do you think will come top? You can get the answer, and lots of other agricultural data by country, at NationMaster. Or you can click below and see the map. Orange means high value added.

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Nibbles: Poppies, Gardening, Milk, Grapes, Genebanks, Meat, Biotech, IK, Plant health

Rice ups and downs

The agricultural industry can seem pretty strange at times. Take rice, for example. There were two very contrasting stories on this crop in the news today. On the one hand, it is making a comeback in Romania, fueled by cheap land, labour and water. But on the other, acreage is plummeting in Korea. That’s due to changes in local consumption patterns and the move towards cash crops like ginseng. Given high world prices, one would have thought that Asian entrepreneurs would be jumping at the chance to supply the European market. But of course, some Asian countries have put in place export bans.

Nibbles: Economics, Agricultural origins, Slow Food, Pollinators, India