6
COMCEC Agriculture Outlook 2019
Table 1 Agricultural GDP Rankings in the OIC
2016 2017
Agricultural GDP
(Billion Dollar)
Share of
Agri. in
GDP,%
Agricultural GDP
(Billion Dollar)
Share of
Agri. in
GDP in
OIC,%
1 Indonesia 125.6 19.06 Indonesia 133.6 20.04
2 Nigeria 84.9 12.88 Nigeria 78.3 11.75
3 Pakistan 64.7 9.81 Pakistan 69.8 10.47
4 Turkey 59.4 8,10 Turkey 51.8 7.77
5 Iran 40.5 6.12 Iran 43.1 6.47
6 Egypt 37.9 5.94 Sudan 37.5 5.62
7 Bangladesh 28.8 4.72 Bangladesh 33.5 5.03
8 Sudan 26.3 4.52 Malaysia 27.6 4.15
9 Malaysia 25.1 3.90 Egypt 27.0 4.06
10 Algeria 19.2 2.97 Algeria 20.6 3.09
Top Ten Total 517.0 78.45 Top Ten Total 511.0 76.7
OIC Total 659 20.9 OIC Total 666 20.2
World 3153 World 3301
Source: Annexes 2-6
1.2 Agricultural GrowthRates
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 theworld during the period of 1995-2015. Therefore, the agricultural
sector in the OIC member countries dependsmore 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.