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COMCEC Agriculture Outlook 2017

7

Table 1. Agricultural GDP Rankings in the OIC

2014

2015

Agricultural GDP

(Billion Dollar)

Share of Agri.

in GDP,%

Agricultural GDP

(Billion Dollar)

Share of

Agri. in

GDP,%

1

Indonesia

118,8

13,3

Indonesia

116,5

13,5

2

Nigeria

113,6

20,0

Nigeria

102,0

20,6

3

Pakistan

59,2

23,9

Pakistan

64,0

24,0

4

Turkey

57,1

7,2

Turkey

54,7

7,6

5

Iran

38,9

9,1

Egypt

35,7

11,3

6

Egypt

34,1

11,5

Iran

34,4

8,6

7

Malaysia

30,0

8,9

Bangladesh

28,7

14,8

8

Bangladesh

26,6

15,4

Sudan

26,4

28,4

9

Sudan

23,1

27,0

Malaysia

25,0

8,5

10

Algeria

22,0

10,3

Algeria

19,2

11,7

Top Ten Total

523,4

Top Ten Total

506,8

77,6

OIC Total

682,6

OIC Total

653,5

World

3306,5

World

3132,9

Source: Annexes 2-6

1.2.

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.

Figure 5. Agricultural Growths in the OIC and World

Source: Annexes 2-6

0

1

2

3

4

5

6

7

8

9

10

1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015

Percent

OIC Agr. Growth Rate

World Agr. Growht Rate