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COMCEC Agriculture Outlook 2018

3

Figure 1. OIC Agricultural GDP and its Share in the World

Source: Annexes 2-6

The values of agricultural production in the OIC member countries have increased in the last

decades due to increases in production as well as higher prices. Figure 1 shows agricultural

sector’s contribution to GDP and its share in the world’s agricultural production. In 1990, OIC

agricultural GDP was 186 billion US Dollars with a share of 16 percent in the world’s agricultural

production. In 2016, OIC agricultural GDP reached 649 billion US Dollars with a share of 20

percent in the world’s agricultural production. This figure is important because it shows the

increasing importance of OIC agriculture in the world. However, OIC member countries have a

relatively lower performance in agriculture sector since, according to FAO, OIC member

countries own 29 percent of total world agricultural area as of 2015. Therefore, the potential of

agricultural sector in OIC member countries could be more effectively utilized to increase their

share in world agricultural output.

186

197

567

649

16

18

22

20,3

0

5

10

15

20

25

0

500

1.000

1.500

2.000

2.500

3.000

3.500

1990

2000

2010

2016

Percent

Billion Dollar

OIC Total

World Total

Share of OIC Agricultural GDP in the World