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Primary sector of the economy
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{{Short description|Industry of raw materials and unprocessed food}} {{Economic sectors}} The '''primary sector of the economy''' includes any [[Industry (economics)|industry]] involved in the extraction and production of [[raw materials]], such as [[farming]], [[logging]], [[fishing]], [[forestry]] and [[mining]].<ref>{{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}}</ref><ref>{{Cite CD.com|primary producer|language=en|access-date=2019-12-10}}</ref><ref>{{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}}</ref> 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]]<ref>{{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}}</ref> but less than 1% of GDP in [[North America]].<ref>{{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}}</ref> 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.<ref>{{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}}</ref> More developed economies may invest additional capital in primary means of production: for example, in the United States [[corn belt]], [[combine harvester]]s pick the corn, and sprayers spray large amounts of [[insecticide]]s, [[herbicide]]s and [[fungicide]]s, 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 sector of the economy|secondary]] and [[Tertiary sector of the economy|tertiary]] sectors.<ref>H Dwight H. Perkins: Proceedings of the Academy of Political Science, Vol. 31, No. 1, China's Developmental Experience (March 1973)</ref> == 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 [[International Monetary Fund|IMF]] and [[The World Factbook|CIA World Factbook]], at peak level as of 2018 | data_max = 2,110<!-- Upper bound on the values in the data fields --> | bar_width = 30 <!-- must be an unformatted number --> | label_type = Economy | data_type = {{center|Countries by agricultural output (in PPP terms) at peak level as of 2018 (billions in [[United States dollar|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 [[International Monetary Fund|IMF]] and [[The World Factbook|CIA World Factbook]].}} }} == See also == {{Portal|Economics}} * [[Resource curse]] * [[Three-sector model]] == 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'' == External links == * {{Commons category-inline}} * [http://www.economy101.net/ Economy101.net: ''The Nature of Wealth''] {{Industries}} {{Authority control}} [[Category:Primary sector of the economy| ]] [[Category:Private sector|+1]] [[Category:Economic sectors|+1]] [[Category:National accounts]] [[Category:Resource economics]] [[Category:World economy]]
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