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What is agriculture's share of the overall U.S. economy?

  • Macroeconomics & Agriculture
A line/bar chart shows value added to U.S. gross domestic product (GDP) by agriculture and related industries for the period 2017 to 2023. In the latest year, the value added by U.S. farms contributed $222.3 billion, about 0.8 percent of U.S. GDP.

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According to data from the Bureau of Economic Analysis, agriculture, food, and related industries contributed roughly $1.537 trillion to U.S. gross domestic product (GDP) in 2023, a 5.5-percent share. The output of America’s farms contributed $222.3 billion of this sum—about 0.8 percent of U.S. GDP. The overall contribution of agriculture to GDP is larger than 0.8 percent because sectors related to agriculture rely on agricultural inputs to contribute added value to the economy. Sectors related to agriculture include food and beverage manufacturing; food and beverage stores; food services and eating/drinking places; textiles, apparel, and leather products; and forestry and fishing.

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