Table X

Total agriculture accounts for 1% of GDP and farms are less than 1%: Value added by industry as a percentage of Gross Domestic Product, 2013-2023

Year 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Gross domestic product 100 100 100 100 100 100 100 100 100 100 100
Agriculture, forestry, fishing, and hunting 1.3 1.1 1 0.9 0.9 0.9 0.8 0.8 1 1.1 0.9
Farms 1.1 0.9 0.8 0.7 0.7 0.7 0.6 0.5 0.8 0.9 0.7
Forestry, fishing, and related activities 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.2
Air transportation 0.6 0.6 0.6 0.7 0.7 0.6 0.7 0.3 0.4 0.6 0.7
Water transportation 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1
Real estate rental and leasing 13.1 12.9 12.8 12.9 12.9 13 13 13.6 13.2 13.2 13.4
Real estate 12.1 11.9 11.7 11.8 11.8 11.9 11.9 12.4 12 12 12.2
Housing 9.4 9.2 9.1 9.2 9.2 9.1 9.1 9.6 9.2 9.1 9.4
Other real estate 2.6 2.6 2.6 2.6 2.6 2.8 2.7 2.8 2.9 2.9 2.8
Economic Policy Institute

Notes: "Other" category consists largely of subsidies to railroads, mass transit systems, and the Federal Crop Insurance Corporation (FCIC).

Source: U.S. Bureau of Economic Analysis, "Value added by Industry as a Percentage of Gross Domestic Product," Interactive Access to Industry Economic Accounts Data [interactive data tables], accessed Tuesday, September 10, 2024.

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