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Agriculture, forestry, and fishing, value added (% of GDP) in South Asia was reported at 15.69 % in 2024, according to the World Bank collection of development indicators, compiled from officially recognized sources. South Asia - Agriculture, value added (% of GDP) - actual values, historical data, forecasts and projections were sourced from the World Bank on July of 2025.
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The average for 2023 based on 11 countries was 11.22 percent. The highest value was in Burma (Myanmar): 22.72 percent and the lowest value was in Singapore: 0.03 percent. The indicator is available from 1960 to 2023. Below is a chart for all countries where data are available.
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The average for 2022 based on 11 countries was 28.32 percent. The highest value was in India: 60.05 percent and the lowest value was in Singapore: 0.92 percent. The indicator is available from 1961 to 2022. Below is a chart for all countries where data are available.
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The average for 2022 based on 11 countries was 29.37 percent. The highest value was in Laos: 69.57 percent and the lowest value was in Singapore: 0.11 percent. The indicator is available from 1991 to 2022. Below is a chart for all countries where data are available.
Thailand’s gross domestic product (GDP) grew at a rate of 2.53 percent in 2024. The Thai economy Thailand relies less on agriculture and more on employment in the service sector, which is a sign of a more advanced economy. This development is also apparent in its GDP per capita, which is one of the highest in Southeast Asia. One aspect of a developed economy is that it is more diverse, and thus less exposed to economic shocks. This statistic reflects that robustness in its optimistic view of Thai GDP growth. Domestic factors Thailand has posted an incredibly low unemployment rate for several years, which suggests that the workforce matches the demand for labor remarkably well. Equally important, the inflation rate tends to be low and stable, though sometimes too low. If Thailand wants to realize the positive projections in this statistic, the inflation rate of the baht should be between 2 and 3 percent, according to most economists.
The manufacturing industry in India has emerged as a fast-growing sector owing to the rapidly increasing population in the country. Investments in the sector have been on the rise and initiatives like ‘Make in India’ aim to make the South Asian country a global manufacturing hub. The annual production growth rate in the manufacturing industry was *** percent during fiscal year 2025. Foreign and domestic enterprisesThe gross value added by the manufacturing sector in India has grown steadily; however, it is still lower than the services sector. With the prospect of a huge consumer market, global giants such as Siemens, HTC, and Toshiba have already set up or are in the process of setting up manufacturing plants across the region. Apple has also been setting up nascent operations in India to diversify from China-centered production. On the other hand, the micro, small and medium enterprises sector is also crucial to transforming India from an agriculture-based economy to an industrialized one. MSME's contribution to Indian GDP has remained stable over the last few years. The futureWith technology reaching what previously were unimaginable heights in the last decade, industries need to keep up with the current trends and the technology. The focus is shifting towards machine learning to improve the efficiency and precision of the work.Smart manufacturing, a combination of internet of things and artificial intelligence, is expected to see growth in the coming decade.
In 2024, the industrial sector contributed approximately **** percent to the overall gross domestic product (GDP) of Taiwan. This share has been largely stable since 2014. Taiwan’s total GDP was estimated at around *** billion U.S. dollars in 2024. Taiwan’s GDP composition in comparison Like other East Asian countries such as South Korea and Japan, Taiwan maintains a strong industrial sector. This is due to a focus on high-tech production and a deep integration into global value chains, which enables the industrial sector to generate high economic growth rates. Taiwan is an important exporter of electronic products and the largest producer of advanced computer chips in the world. In contrast, many other developed economies such as the U.S. and EU member states have a significantly smaller manufacturing sector and put a stronger emphasis on services. Relevant economic sub-sectors Corresponding to Taiwan’s export-oriented economy, wholesale and retail trade is the most important service sub-sector of the economy. Finance and insurance accounted for less than seven percent of the total value added. A similar sector distribution is reflected in the sectoral employment structure. Both the distribution of value added, and the employment structure have been comparatively stable over the last decade.
For most of the 20th century, Ireland stood out as one of the poorest countries in Western Europe, not experience the same post-war boom in prosperity that was felt by virtually all other countries in the region. At the onset of the 1973-1975 Recession, Ireland's GDP per capita was less than 60 percent of GDP per capita in the European Union and less than a quarter of GDP per capita in the U.S. Catching up in the 1980s By the 1980s, a wave of foreign investment saw Ireland's export sector grow exponentially, and between 1975 and 1990, Ireland had the second-fastest growth of exports in the world (behind Japan). Additionally, as Ireland joined the European Communities in 1973, it became more integrated into the European economy; before 1973, around three-quarters of Ireland's exports went to the United Kingdom, but this fell to one-third by the 1990s. Ireland's period of industrialization was relatively short in comparison to its neighbors, as it transitioned from an agriculture-based economy to a producer of high-tech products and services. Ireland's low tax rate and other incentives also attracted many American tech companies in the 1980s, such as Apple, Intel, and Microsoft, who were keen on establishing a presence in the European Union. The Celtic Tiger Named after the Four Asian Tigers (Hong Kong, Singapore, South Korea, and Taiwan), which experienced rapid economic growth in the 1970s and 1980s, the period of prosperity between the 1990s and 2000s in Ireland has been dubbed the "Celtic Tiger." Over this time, Ireland's GDP per capita grew to exceed the average in the EU by 10 percent in 2000, and it would eventually surpass that of the U.S. in 2003. Ireland was severely impacted by the financial crisis of 2008 due to the instability of its property sector and extensive lending by banks, and it was the first European economy to go into recession. By the late 2010s, most sectors of the economy had returned to pre-recession levels, and today, Ireland's GDP per capita remains among the top in the world, second in the EU only to Luxembourg.
In financial year 2024, the estimated yield of wheat in the south Asian country of India was approximately 3.6 thousand kilograms per hectare. A consistent increase in the yield of wheat was noted since fiscal year 2015. Wheat, after rice is one of the country’s main cereal crops. Wheat for the Indian population Since India’s independence in 1947, the volume of wheat produced domestically was not enough to feed a drastically increasing population. Therefore, it was one of the main commodities imported into the country. In continuing this trend, wheat accounted for about two percent of the country’s imports in fiscal year 2018, although the volume had significantly decreased. The Green Revolution of the late 60s helped boost volumes in productivity, often producing a surplus . That same year, the daily per capita availability of the cereal stood at 176.4 grams. On average, between ten and twelve chapatis or Indian bread can be made from 200 grams of wheat flour. Nature versus nurture Agriculture, the backbone of the Indian economy and the reason for over 60 percent of the population’s livelihood, gets arguably not as much assistance as it needs. Even in the face of governmental efforts to improve methods, recent years have proved difficult for farmers. Excessive rains leading to flooding, droughts from unpredictable heat waves, in addition to the recent slump in the economy have led to challenging circumstances. Major wheat producing states including Uttar Pradesh, Madhya Pradesh, Haryana and Punjab were affected by changing temperatures and rising pollution levels. It remains to be seen how much technology and chemical development in agriculture can help maintain a sustainable produce.
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Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
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Agriculture, forestry, and fishing, value added (% of GDP) in South Asia was reported at 15.69 % in 2024, according to the World Bank collection of development indicators, compiled from officially recognized sources. South Asia - Agriculture, value added (% of GDP) - actual values, historical data, forecasts and projections were sourced from the World Bank on July of 2025.