primary sector of the economy

{{Short description|Industry of raw materials and unprocessed food}}

{{Economic sectors}}

The primary sector of the economy includes any industry involved in the extraction and production of raw materials, such as farming, logging, fishing, forestry and mining.{{Cite book|title=Dictionary of economics|last=Chand|first=S. N.|publisher=Atlantic Publishers & Distributors|year=2006|isbn=81-269-0535-2|location=New Delhi|pages=268|oclc=297507928}}{{Cite CD.com|primary producer|language=en|access-date=2019-12-10}}{{Cite book| publisher = Copenhagen Business School Press DK| isbn = 978-87-630-0194-6| last = Kjeldsen-Kragh| first = Søren| title = The Role of Agriculture in Economic Development: The Lessons of History| date = 2007| pages = 73}}

The primary sector tends to make up a larger portion of the economy in developing countries than it does in developed countries. For example, in 2018, agriculture, forestry, and fishing comprised more than 15% of GDP in sub-Saharan Africa{{Cite web| title = Agriculture, forestry, and fishing, value added (% of GDP) {{!}} Sub-Saharan Africa| work = World Bank Open Data| access-date = 2019-07-14| date = 2018| url = https://data.worldbank.org/indicator/NV.AGR.TOTL.ZS?locations=ZG}} but less than 1% of GDP in North America.{{Cite web| title = Agriculture, forestry, and fishing, value added (% of GDP) {{!}} North America| work = World Bank Open Data| access-date = 2019-07-14| date = 2018| url = https://data.worldbank.org/indicator/NV.AGR.TOTL.ZS?locations=XU}}

In developed countries the primary sector has become more technologically advanced, enabling for example the mechanization of farming, as compared with lower-tech methods{{Efn|Often using non-powered equipment, sometimes even hand-picking and hand-planting}} in poorer countries.{{cite web|url= http://data.worldbank.org/indicator/SL.AGR.EMPL.ZS/countries/1W-US-C5?display=graph|title= Employment in agriculture (% of total employment) (modeled ILO estimate) - Data|website= data.worldbank.org}} More developed economies may invest additional capital in primary means of production: for example, in the United States corn belt, combine harvesters pick the corn, and sprayers spray large amounts of insecticides, herbicides and fungicides, producing a higher yield than is possible using less capital-intensive techniques. These technological advances and investment allow the primary sector to employ a smaller workforce, so developed countries tend to have a smaller percentage of their workforce involved in primary activities, instead having a higher percentage involved in the secondary and tertiary sectors.H Dwight H. Perkins: Proceedings of the Academy of Political Science, Vol. 31, No. 1, China's Developmental Experience (March 1973)

List of countries by agricultural output

{{Main|List of countries by GDP sector composition}}

{{See also|List of most valuable crops and livestock products}}

{{Bar chart

| float = center

| title = Largest countries by agricultural output (in PPP terms) according to the IMF and CIA World Factbook, at peak level as of 2018

| data_max = 2,110

| bar_width = 30

| label_type = Economy

| data_type = {{center|Countries by agricultural output (in PPP terms) at peak level as of 2018 (billions in USD)}}

| label1 = (01) {{CHN}} | data1 = 2,101

| label2 = (02) {{IND}} | data2 = 1400

| label3 = (03) {{IDN}} | data3 = 486

| label4 = {{nowrap|(—) {{EU}}}} | data4 = 352

| label5 = (04) {{PAK}} | data5 = 284

| label6 = (05) {{NGR}} | data6 = 253

| label7 = (06) {{BRA}} | data7 = 209

| label8 = (07) {{RUS}} | data8 = 196

| label9 = (08) {{USA}} | data9 = 185

| label10 = (09) {{IRN}} | data10 = 162

| label11 = (10) {{TUR}} | data11 = 155

| label12 = (11) {{EGY}} | data12 = 154

| label13 = (12) {{THA}} | data13 = 109

| label14 = (13) {{VNM}} | data14 = 108

| label15 = (14) {{BAN}} | data15 = 108

| label16 = (15) {{ARG}} | data16 = 101

| label17 = (16) {{MEX}} | data17 = 100

| label18 = (17) {{PHL}} | data18 = 92

| label19 = (18) {{MYA}} | data19 = 89

| label20 = (19) {{ALG}} | data20 = 87

| label21 = (20) {{MYS}} | data21 = 84

| caption = {{resize|88%|The twenty largest countries by agricultural output (in PPP terms) at peak level as of 2018, according to the IMF and CIA World Factbook.}}

}}

See also

{{Portal|Economics}}

Notes

{{notelist}}

References

{{Reflist}}

Further reading

  • Dwight H. Perkins: Proceedings of the Academy of Political Science, Vol. 31, No. 1, China's Developmental Experience (Mar., 1973)
  • Cameron: General Economic and Social History
  • Historia Económica y Social General, by Maria Inés Barbero, Rubén L. Berenblum, Fernando R. García Molina, Jorge Saborido