COMCEC Agriculture Outlook 2016
8
In Figure 5, it can be seen that yearly agricultural growths in the OIC has a severe ups
and downs compared to the world during the period of 1994-2014. Therefore, the agriculture
sector in the OIC Member Countries depends more on natural condititions relative to the other
parts of the world. However, this unsteady pattern of growth rates closely comply with the
fluctuations in the worlds agricultural growths. This means that almost same factors have
influenced the growth of agriculture sector in the OIC and in the world.
Table 2. Comparison of Agricultural Growth and Economic Growth in the OIC and World
Period
OIC
World
Agr. Growth
Economic Growth
Agr. Growth
Economic Growth
1994-2004
3.40
3.98
2.51
2.87
2004-2014
3.44
4.50
2.64
2.40
1994-2014
3.42
4.24
2.57
2.64
Source: Calculated by using UNSTAT
The average yearly agricultural growth in ten years period in the OIC slightly increased
from 3.40 percent in 1994-2004 to 3.44 percent in 2004-2014. Although average yearly
agricultural growth in the OIC was higher than the world’s agricultural growth in both decades,
it lagged behind the OIC economic growth. In the long term, OIC’s both agricultural growth and
economic growth surpassed the world, and realized as 3.42 percent and 4.24 percent during
the period of 1994-2014, respectively.
Table 3. Comparison of Agricultural Growth and Economic Growth in the OIC by Sub-Region
Period
African Group
Arab Group
Asian Group
Agr.
Growth
Econ.
Growth
Agr.
Growth
Econ.
Growth
Agr.
Growth
Econ.
Growth
1994-2004
6.42
5.12
3.90
3.91
2.14
3.82
2004-2014
4.99
5.63
2.56
3.93
3.10
4.75
1994-2014
5.70
5.38
3.23
3.92
2.62
4.29
Source: Calculated by using UNSTAT
Table 3 illustrates the sub-regions average yearly agricultural growth and economic
growth in ten years period and in twenty years long term period in the OIC. African Group
average yearly agricultural growth was the highest in the period of 1994-2004 and 2004-2014,
with a 6.42 percent and 4.99 percent respectively. Furthermore, African Group is the only
group whose average yearly agricultural growth exceeds its economic growth in the long term
period. The lowest growth in agriculture was observed in Asian Group with 2.14 percent in
1994-2004, and 3.10 percent in 2004-2014.