COMCEC Agriculture Outlook 2018
7
Table 1. Agricultural GDP Rankings in the OIC
2015 2016
Agricultural GDP
(Billion Dollar)
Share of
Agri. in
GDP,%
Agricultural GDP
(Billion Dollar)
Share of
Agri. in
GDP,%
1 Indonesia 116.2 13.5 Indonesia 125.6 13.5
2 Nigeria 99.3 20.6 Nigeria 84.9 21.0
3 Pakistan 64.4 23.8 Pakistan 64.7 23.2
4 Turkey 59.4 6.9 Turkey 53.4 6.2
5
Iran (Islamic Republic
of)
40.5 10.5
Iran (Islamic Republic
of)
40.4 9.6
6 Egypt 37.9 11.4 Egypt 39.2 11.8
7 Bangladesh 28.8 14.8 Bangladesh 31.1 14.0
8 Sudan 26.3 24.3 Sudan 26.6 27.0
9 Malaysia 25.1 8.5 Malaysia 25.7 8.7
10 Algeria 19.2 11.6 Algeria 19.6 12.3
Top Ten Total 517.0 77.6 Top Ten Total 511.0 78.7
OIC Total 665.9 20.9 OIC Total 649.2 20.3
World 3,183.2 World 3,196.6
Source: Annexes 2-6
1.1. Agricultural Growth Rates
The growth rate can be calculated as nominal or real growth, and can be used to measure the
performance of economies as a whole or particular sectors during selected time intervals. Since
the agricultural sector heavily depends on external factors such as rainfall, temperature, climate
change, humidity and soil condition, the real growth rates, adjusted for price effects have shown
a fluctuating path over the years.
In Figure 5, it can be seen that yearly agricultural growths in the OIC have registered sharp ups
and downs compared to the world during the period of 1994-2016. Therefore, the agricultural
sector in the OIC member countries depends more on natural conditions compared to the other
parts of the world. However, this unsteady pattern of growth rates closely complies with the
fluctuations in the world’s agricultural growths. This means that almost same factors have
influenced the growth of agriculture sector in the OIC and in the world.