Agriculture sector remains sluggish, PSA data show

The vital agriculture sector remains to be the smallest contributor to the economic growth among the major industries in the country, according to the Philippine Statistics Authority (PSA). In a report, the PSA said agriculture, forestry and fishing's (AFF) contribution to the country's gross domestic product in 2021 was equivalent to a share of 9.6 percent against 10.2 percent a year ago. This pales in comparison to the 60.5-percent share and 29.9-percent share of services and industry sectors, respectively, for the comparative period. The essential sector's performance is measured using the year-on-year growth of its gross value added (GVA) or the difference between the va...

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