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COMCEC Agriculture Outlook 2019

Value of Food Production:

Average value of food production, which provides a cross country

comparison of the relative economic size of the food supply in a country or region, is another

indicator to measure the availability aspects of food security. It is calculated in three yea r

averages, and expresses the food net production value, in constant 2004-06 international dollar

terms, per caput.

Figure 27 Average Value of Food Production in the OIC and the World

Source: Annex 36

Figure 27 shows the average value of food production from 1999-2001 to 2014-2016. As of

2014-2016, average value of food production in the OICmember countries reached 194 dollars

per capita, from 176 dollars in 1999-2001. Between these periods, it has increased by 10

percent. However, in 2014-2016, OIC average value of food production per caput was almost 38

percent lower than theworld average.

At the sub-regional level, Asian Group has the highest average value of food production per caput

with 283 dollars, increasing by over 30 percent from218 dollars in 1999-2001. As of 2014-2016

period, Asian Group was followed by African Group and Arab Group with 168 and 141 dollars

per capita respectively. The growth of average value of food production in African and Arab

Groupswere below10 percent (Figure 28).

Figure 28 Average Value of Food Production in the OIC Sub-Regions

Source: Annex 36

176

184

192

194

260

277

299

313

100

150

200

250

300

350

1999-2001

2004-2006

2009-2011

2014-2016

Int. $ per caput

OIC

World

153

158

168

168

158

157

148

141

218

241

265

283

0

50

100

150

200

250

300

1999-2001

2004-2006

2009-2011

2014-2016

Int. $ per caput

African Group Arab Group Asian Group