Professional Documents
Culture Documents
1.Food
2.Feed
3.Beverages
4.Drugs and Medicines
5.Oil
6.Fiber
Importance and Uses of Agricultural Crops and
Animals to Man
7.Sugar
8.Fossil Fuel
9.Wood Products
10.Latex Products
11.Tanning Materials
12.Dyes and Pigments
13.Smoking and Chewing
Materials
Nature and Functions of Agriculture
Indicators of Development
GDP Annual Growth Rate 5.50 5.60 12.40 -11.10 percent [+]
GDP Constant Prices 2483615.37 2257007.26 2494033.36 487413.68 PHP Million [+]
Gross National Product 2872412.32 2831541.89 2872412.32 944320.00 PHP Million [+]
Gross Fixed Capital Formation 650874.92 707316.26 744263.22 163357.69 PHP Million [+]
GDP per capita PPP 7942.50 7580.80 7942.50 3800.10 USD [+]
GDP From Agriculture 147497.00 158623.00 182717.24 114778.44 PHP Million [+]
GDP From Construction 264202.00 204045.00 270746.77 85502.67 PHP Million [+]
GDP From Manufacturing 547022.00 554839.47 599810.14 252377.26 PHP Million [+]
GDP From Mining 32944.00 22384.00 32944.00 10394.10 PHP Million [+]
GDP From Public Administration 119397.00 91987.01 119397.00 43289.41 PHP Million [+]
GDP From Services 1479208.00 1299086.00 1479208.00 675416.60 PHP Million [+]
GDP From Transport 84765.58 76553.45 84765.58 34827.71 PHP Million [+]
4. Shift of Manpower
Initially, agriculture absorbs a large
quantity of labour force. In Philippines still
about 37% labour is absorbed in this sector.
Source: Cielito F. Habito, Ph.D.
The Importance of Agriculture in The
National Economy
5. Creation of Infrastructure
The development of agriculture
requires roads, market yards, storage,
transportation railways, postal services and
many others for an infrastructure creating
demand for industrial products and the
development of commercial sector.
The Importance of Agriculture in The
National Economy