Published on 7 Apr 2024 on Insider Monkey via Yahoo Finance
In this article, we will take a look at the 20 countries with the highest agricultural population density. If you would like to skip our discussion on the trends in the agriculture sector, you can go to the 5 Countries With the Highest Agricultural Population Density.
Agriculture, often regarded as the backbone of human civilization, is undergoing a period of significant transformation. Driven by population growth, climate change, and evolving consumer preferences, the way we produce food is being reshaped. With the United Nations projecting a global population of 9.7 billion by 2050, there is an urgent need to increase agricultural output to meet the nutritional requirements of this expanding population. The Food and Agriculture Organization (FAO) estimates that food production will have to grow by 70% to feed everyone adequately by 2050.
Moreover, investing in agriculture is shown to be effective in reducing poverty compared to investment in other sectors. According to the World Bank, investing in agriculture is two to four times more impactful at lifting people out of poverty than investing in other sectors. Agriculture is the major driver for economic growth since it makes up 4% of the GDP globally. This figure goes up to 25% of the GDP in developing countries.