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GDP from Agriculture in Australia increased to 20128 AUD Million in the second quarter of 2025 from 20070 AUD Million in the first quarter of 2025. This dataset provides - Australia Gdp From Agriculture- actual values, historical data, forecast, chart, statistics, economic calendar and news.
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TwitterIn 2024, the gross value added (GVA) of the agriculture industry in Australia amounted to around 63.8 billion Australian dollars. The country produces and exports a diverse range of agricultural products including cattle, wheat, and milk, making agriculture an important economic sector of Australia.
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Australia GDP: Growth: Gross Value Added: Agriculture data was reported at -7.956 % in 2020. This records an increase from the previous number of -10.129 % for 2019. Australia GDP: Growth: Gross Value Added: Agriculture data is updated yearly, averaging 2.672 % from Jun 1976 (Median) to 2020, with 45 observations. The data reached an all-time high of 43.297 % in 1984 and a record low of -21.861 % in 1983. Australia GDP: Growth: Gross Value Added: Agriculture data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Australia – Table AU.World Bank.WDI: Gross Domestic Product: Annual Growth Rate. Annual growth rate for agricultural value added based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. 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.; ; World Bank national accounts data, and OECD National Accounts data files.; Weighted average; Note: Data for OECD countries are based on ISIC, revision 4.
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TwitterIn 2023, agriculture contributed around 2.57 percent to the GDP of Australia, 27.65 percent came from industry, and 63.57 percent from the services sector. The same year, the Australian inflation rate, another important key indicator for its economic situation, amounted to 2.82 percent. Why is the inflation rate important?Inflation is the steady increase in price levels for consumer goods and services during a certain timespan. The European Central Bank considers a steady inflation rate of two percent a year beneficial for a stable economy – otherwise a country risks economic hardship. In the worst case, a country can experience either hyperinflation (like Venezuela), which is the rapid increase of prices to a point of economic collapse, or deflation, which is the decrease of prices and devaluation of money that can also lead to economic collapse. Up and down under Australia’s inflation has been clawing itself out of a slump in 2016, when it unceremoniously dropped to 1.25 percent due to falling petrol costs and oil prices. The following year, it recovered instantaneously and soared back to just under two percent, and forecasts see it reaching 2.52 percent by 2021. Australians don’t seem too worried about this outlier, and rightly so, since Australia’s economy is still one of the biggest in the Asia-Pacific region and worldwide.
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Australia GDP: Growth: Gross Value Added: Agriculture, Forestry, and Fishing data was reported at 3.244 % in 2023. This records a decrease from the previous number of 15.722 % for 2022. Australia GDP: Growth: Gross Value Added: Agriculture, Forestry, and Fishing data is updated yearly, averaging 3.053 % from Dec 1976 (Median) to 2023, with 48 observations. The data reached an all-time high of 43.300 % in 1984 and a record low of -21.863 % in 1983. Australia GDP: Growth: Gross Value Added: Agriculture, Forestry, and Fishing data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Australia – Table AU.World Bank.WDI: Gross Domestic Product: Annual Growth Rate. Annual growth rate for agricultural, forestry, and fishing value added based on constant local currency. Aggregates are based on constant 2015 prices, expressed in U.S. dollars. Agriculture corresponds to ISIC divisions 01-03 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 4.;World Bank national accounts data, and OECD National Accounts data files.;Weighted average;Note: Data for OECD countries are based on ISIC, revision 4.
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TwitterAustralia's crop exports were estimated at ***** billion Australian dollars in the fiscal year 2025. This was expected to decrease to approximately ***** billion Australian dollars in the 2026 financial year. Crop production in Australia Crop production in Australia is primarily located in three key regions: the southwest of Western Australia, the southeastern region covering Victoria and New South Wales, and coastal Queensland. These regions have favorable climates and fertile soils, making them ideal for crop cultivation. Wheat is the most prominent crop, covering the largest share of agricultural land. Alongside wheat, Australia cultivates various other essential crops, including barley, canola, cotton, sugarcane, and pulses such as chickpeas and lentils. Despite a recent dip, the crop price index has rebounded and shows a consistent upward trend, highlighting the sector's economic importance and its ability to adapt to market changes. Australia's crop exports Australia’s crop exports are essential to its agricultural trade and significantly contribute to the national economy. Australia's key crop export markets include China, Japan, and Vietnam. Although peaking in 2023, a decrease in the value of agricultural exports, which includes both crops and livestock, was expected for 2025. Despite this, Australia remains a major global supplier of vital crops, supported by its robust production capacity and high international demand.
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Australia Employment In Agriculture: Modeled ILO Estimate: Male: % of Male Employment data was reported at 2.743 % in 2023. This records a decrease from the previous number of 2.919 % for 2022. Australia Employment In Agriculture: Modeled ILO Estimate: Male: % of Male Employment data is updated yearly, averaging 4.194 % from Dec 1991 (Median) to 2023, with 33 observations. The data reached an all-time high of 6.450 % in 1991 and a record low of 2.743 % in 2023. Australia Employment In Agriculture: Modeled ILO Estimate: Male: % of Male Employment data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Australia – Table AU.World Bank.WDI: Employment and Unemployment. Employment is defined as persons of working age who were engaged in any activity to produce goods or provide services for pay or profit, whether at work during the reference period or not at work due to temporary absence from a job, or to working-time arrangement. The agriculture sector consists of activities in agriculture, hunting, forestry and fishing, in accordance with division 1 (ISIC 2) or categories A-B (ISIC 3) or category A (ISIC 4).;International Labour Organization. “ILO modelled estimates database” ILOSTAT. Accessed January 07, 2025. https://ilostat.ilo.org/data/.;Weighted average;
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Australia Employment: Trend: Agriculture, Forestry & Fishing data was reported at 292.584 Person th in Feb 2025. This records a decrease from the previous number of 304.784 Person th for Nov 2024. Australia Employment: Trend: Agriculture, Forestry & Fishing data is updated quarterly, averaging 355.657 Person th from Nov 1984 (Median) to Feb 2025, with 162 observations. The data reached an all-time high of 438.147 Person th in Nov 2001 and a record low of 292.584 Person th in Feb 2025. Australia Employment: Trend: Agriculture, Forestry & Fishing data remains active status in CEIC and is reported by Australian Bureau of Statistics. The data is categorized under Global Database’s Australia – Table AU.G021: Employment: by Industry.
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The Regional Economic Profiles for Agriculture provide an overview of Queensland's primary industries, including information on the gross value of agricultural production (GVAP), agricultural jobs, and business counts for standard geographical regions in Queensland.
This series incorporates data derived from the Australian Bureau of Statistics (ABS) census and the Department of Primary Industries' AgTrends publication.
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Actual value and historical data chart for Australia Agriculture Value Added Percent Of GDP
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Graph and download economic data for Infra-Annual Labor Statistics: Employment: Economic Activity: Agriculture, Forestry and Fishing: Total for Australia (LFEAAGTTAUQ647N) from Q1 1964 to Q3 2025 about Australia, agriculture, and employment.
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This dataset provides values for GDP FROM AGRICULTURE reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.
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Australia: Agriculture value added, billion USD: The latest value from 2024 is 38.87 billion U.S. dollars, a decline from 44.47 billion U.S. dollars in 2023. In comparison, the world average is 27.33 billion U.S. dollars, based on data from 150 countries. Historically, the average for Australia from 1990 to 2024 is 23.16 billion U.S. dollars. The minimum value, 9.91 billion U.S. dollars, was reached in 1992 while the maximum of 45.2 billion U.S. dollars was recorded in 2022.
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The average for 2024 based on 4 countries was 11.27 billion U.S. dollars. The highest value was in Australia: 38.87 billion U.S. dollars and the lowest value was in Samoa: 0.12 billion U.S. dollars. The indicator is available from 1960 to 2024. Below is a chart for all countries where data are available.
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Australia GDP: % of GDP: Gross Value Added: Agriculture data was reported at 1.898 % in 2020. This records a decrease from the previous number of 2.122 % for 2019. Australia GDP: % of GDP: Gross Value Added: Agriculture data is updated yearly, averaging 2.883 % from Jun 1990 (Median) to 2020, with 31 observations. The data reached an all-time high of 4.209 % in 1990 and a record low of 1.898 % in 2020. Australia GDP: % of GDP: Gross Value Added: Agriculture data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Australia – Table AU.World Bank.WDI: Gross Domestic Product: Share 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. Note: For VAB countries, gross value added at factor cost is used as the denominator.; ; World Bank national accounts data, and OECD National Accounts data files.; Weighted average; Note: Data for OECD countries are based on ISIC, revision 4.
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The South Australian Food ScoreCard is important data that evaluates the contribution made by the food and beverage industry to South Australia’s economy from production to consumption 1999 -2012 data.
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Graph and download economic data for Infra-Annual Labor Statistics: Employment: Economic Activity: Agriculture, Forestry and Fishing: Total for Australia (LFEAAGTTAUA647N) from 1964 to 2024 about Australia, agriculture, and employment.
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This publication contains final estimates of gross and local values of production of major agricultural commodities for all states/territories and Australia.
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Graph and download economic data for Benchmarked Unit Labor Costs - Business Sector (Excluding Agriculture) for Australia (DISCONTINUED) (AUSULCBXAQPNMEI) from Q4 1970 to Q3 2011 about unit labor cost, Australia, agriculture, sector, business, and rate.
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This report describes a newly proposed method and dataset used by ABARES to measure output, input and total factor productivity in the Australian agriculture industry. We apply recently-developed statistical methods to a novel dataset, compiled from Australia's national account statistics and farm surveys. \r \r The results show agricultural productivity grew at 2.0 per cent a year between 1948-49 and 2013-14. This work provides a unique measure of the productivity performance of Australia's agriculture industry over time, and thereby provides insight into trends in farm performance and the effects of policy reforms.
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GDP from Agriculture in Australia increased to 20128 AUD Million in the second quarter of 2025 from 20070 AUD Million in the first quarter of 2025. This dataset provides - Australia Gdp From Agriculture- actual values, historical data, forecast, chart, statistics, economic calendar and news.