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The Agriculture and Mining Sectors

The agriculture sector's contribution to the Gross Domestic Product declined from 39.4 percent in 1961 to 12.2 percent in 1993 due primarily to the rapid expansion of other sectors of the economy. However, agriculture will continue to be a dominant sector of the Thai economy for years to come.

In 1993, farm population comprised approximately 57 percent of the total labour force. If the people indirectly engaged in agri- business industries were also included in the estimate, labour force absorption by agriculture totaled 57.2 percent.

Agriculture exports were the major source of foreign exchange earning during the 1960s and 1970s. However, as Thailand's progress towards industrialization increased, manufactured exports gained importance. In 1993, exports of agricultural products amounted to only about 18.1 percent of total exports compared with the share of 40 percent in 1982.

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