7
COMCEC Agriculture Outlook 2019
Figure 5 Agricultural Growths in the OIC and World
Source: Annexes 2-6
The average annual agricultural growth in the OIC increased slightly from3.32 percent in 1994-
2004 to 3.38 percent in 2004-2016. Although average yearly agricultural growth in the OICwas
higher than the world in both decades, it lagged behind overall economic growth rates in the
OIC. In the last two decades, OIC’s both agricultural and overall growth rates, realized as 3.38
percent and 4.35 percent respectively, surpassed the world (Table 2).
Table 2 Comparison of Agricultural Growth and Overall Growth in the OIC & the World
Period
OIC World
Agr. Growth Economic Growth Agr. Growth Economic Growth
(1994-2004) 3.32 4.13 2.65 3.06
(2004-2015) 3.53 4.54 2.81 2.24
(1994-2016) 3.38 4.35 2.74 2.61
Source: Annexes 2-6
Table 3 presents the sub-regional average yearly overall and agricultural growths in 10 year
periods within the last two decades in OIC member countries. African Group’s average yearly
agricultural growth was the highest in the periods of 1994-2004 and 2004-2016, with a 6.54
percent and 5.64 percent respectively. Furthermore, African Group is the only group whose
average yearly agricultural growthexceeds its overall growth in twodecades. The lowest growth
in agriculture was observed in the Asian Group with 2.17 percent in 1994-2004, and 2.81
percent in 2004-2016.
Table 3 Comparison of Agricultural and Overall Growth in OIC Sub-Regions
Period
AfricanGroup Arab Group AsianGroup
Agr. Growth Econ. Growth Agr. Growth Econ. Growth Agr. Growth Econ. Growth
(1994-2004) 6.54 5.41 4.06 4.09 2.17 3.94
(2004-2016) 4.89 4.97 2.32 3.94 3.33 4.89
(1994-2016) 5.64 5.17 3.12 4.01 2.81 4.46
Source: Annexes 2-6
Percent
10
9
8
7
6
5
4
3
2
1
0
1995 1997 1999 2001 2003 2005 2007 2009 2011 2013 2015
OIC Agr. Growth Rate World Agr. Growht Rate