The data indicates a gradual decline in the agricultural value added to the UK's GDP from 2024 to 2028, with each year seeing a slight decrease. This reflects a consistent downward trend in the sector's contribution to the overall economy. The percentage change year-on-year is around -2.27%. Over the five years, the compound annual growth rate (CAGR) suggests a steady reduction in agriculture's GDP share.
Future trends to watch for include technological advancements in agriculture, potential impacts of climate change, policy shifts towards sustainable farming, and the UK's trade relationships post-Brexit. Monitoring these factors is crucial for understanding the sector's long-term contribution to the economy.
