Agriculture plays a significant role in the Philippines’ economy, accounting for 32% of the country's total land area. It contributed an average of Php154,672.23 million annually to the GDP from 2008 to 2020, reaching a high of Php 439,734.00 million in the first quarter of 2020. However, agriculture's share of GDP may not surpass its 2019 level of 8.82% due to the COVID pandemic's effects. Hogs and chicken comprise two important agricultural subsectors as the most commonly reared livestock for human consumption, with hogs alone contributing Php 160 billion to the economy in 2009 as the second largest agricultural industry after rice. A 1987 study found that larger hog farms in
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Introduction of automated hog cleaning machine part 1
Agriculture plays a significant role in the Philippines’ economy, accounting for 32% of the country's total land area. It contributed an average of Php154,672.23 million annually to the GDP from 2008 to 2020, reaching a high of Php 439,734.00 million in the first quarter of 2020. However, agriculture's share of GDP may not surpass its 2019 level of 8.82% due to the COVID pandemic's effects. Hogs and chicken comprise two important agricultural subsectors as the most commonly reared livestock for human consumption, with hogs alone contributing Php 160 billion to the economy in 2009 as the second largest agricultural industry after rice. A 1987 study found that larger hog farms in
Agriculture plays a significant role in the Philippines’ economy, accounting for 32% of the country's total land area. It contributed an average of Php154,672.23 million annually to the GDP from 2008 to 2020, reaching a high of Php 439,734.00 million in the first quarter of 2020. However, agriculture's share of GDP may not surpass its 2019 level of 8.82% due to the COVID pandemic's effects. Hogs and chicken comprise two important agricultural subsectors as the most commonly reared livestock for human consumption, with hogs alone contributing Php 160 billion to the economy in 2009 as the second largest agricultural industry after rice. A 1987 study found that larger hog farms in
Agriculture plays a significant role in the Philippines’ economy, which
consists of forestry, crop production, livestock farming, and aquaculture cultivation, with an estimated 32% percent of total area within the archipelago. According to Philippines National Statistics Office of (2021), GDP from agriculture in the country averaged Php154,672.23 million from 2008 until 2020, reaching an all-time high of Php 439,734.00 million in the first quarter of 2020. As the COVID pandemic strikes the country, it might not or other way surpass the 2019’s 8.82 percent share of agriculture in the Philippines' gross domestic product (O’Neill, 2021). Livestock and poultry make up two of the most important subsectors in the Philippines' agricultural products. According to Sanchez (2020), hogs and chicken were the most common reared animals for human consumption making up a majority of the production volume of livestock in the Philippines. In 2009, the Php 160 billion hog industry is the second largest contributor to Philippine agriculture, next to rice (Lapus, 2009). According to Buetre (1987), entitled “Economic analysis of hog production in selected southern Tagalog provinces [in Philippines] in 1984”, larger farms were more productive compared to medium and small-scale farms. Since they 2 were proven successful in lowering costs, despite seeing higher export prices but lower production costs. Because of these disparities, large farms were the most lucrative.
Q. 1 Discuss in Detail The Role and Importance of Agriculture, Industry, Foreign Trade, Transport and Communication in Economic Development of The Country? Role and Importance of Agriculture