ECONOMICS (CBSE/UGC NET)

Detailed explanation-1: -Agriculture constitutes the largest sector of our economy. Majority of the population, directly or indirectly, dependent on this sector. It contributes about 24 percent of Gross Domestic Product (GDP) and accounts for half of employed labour force and is the largest source of foreign exchange earnings.

Detailed explanation-2: -Distribution of gross domestic product (GDP) across economic sectors Pakistan 2021. In 2021, agriculture contributed around 22.67 percent to the GDP of Pakistan, 18.8 percent came from the industry, and over half of the economy’s contribution to GDP came from the services sector.

Detailed explanation-3: -Pakistan’s agriculture sector plays a central role in the economy as it contributes 18.9 percent to GDP and absorbs 42.3 percent of labour force.

Detailed explanation-4: -Pakistan’s largest food crop is wheat. As of 2018, Pakistan wheat output reached 26.3 million tonnes.

Detailed explanation-5: -Agriculture Sector Agriculture sector is a vital component of Pakistan’s economy as it provides the raw materials to down the line industries and helps in poverty alleviation. The agriculture sector growth is contingent on favourable weather conditions.