Home RECENTES Labor productivity increases more in agribusiness than in Brazil and boosts sector GDP

Labor productivity increases more in agribusiness than in Brazil and boosts sector GDP

Redaçãojun 25, 2019RECENTES0

The Brazilian agribusiness accounts for an important share of the national GDP: 24% from 1996 to 2018, on average. Although this share varies annually, a result of the compared dynamics of prices, productivity and volumes of capital and labor between agribusiness and other economic sectors, the number presented a significant downward trend from 2004 to 2014. According to data from Cepea, the ratio between agribusiness GDP and Brazilian GDP decreased 8
Fonte: CEPEA