In 2023, the contribution of agriculture, hunting, forestry, and fishing to Brazil's GDP stood at 4.68%. Forecasts suggest a slight downward trend from 2024 to 2028, beginning at 4.63% and gradually decreasing to 4.45%. Year-on-year, this represents modest declines of approximately 1%, with a compound annual growth rate (CAGR) of -1.05% over the period.
Future trends to watch for:
- Technological advancements in sustainable agriculture could stabilize GDP contributions.
- Impact of climate change on agricultural output might modify forecasts.
- Government policies and international trade agreements could create fluctuations in contribution levels.
