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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.