OECD-FAO Agricultural Outlook 2015
This edition of the Agricultural Outlook – the twenty-first OECD edition and the eleventh prepared jointly with the Food and Agriculture Organization of the United Nations (FAO) – provides projections to 2024 for major agricultural commodities, biofuels and fish. The 2015 report provides a special focus on prospects and challenges for Brazilian agriculture.
The market projections not only cover OECD member countries (European Union as a region) but also FAO member countries, notably Brazil, the Russian Federation, India, People's Republic of China and South Africa.
From Chapter:
Statistical Annex
OECD-FAO Agricultural Outlook 2015 - © OECD 2015
| A.1 | Economic assumptions | ||||||||||||
| A.1 | Economic assumptions | ||||||||||||
| Calendar year | |||||||||||||
| | | | Average 2012-14est | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
| | REAL GDP 1 | ||||||||||||
| | Australia | % | 3.0 | 2.5 | 3.0 | 3.9 | 3.8 | 3.7 | 3.5 | 3.4 | 3.4 | 3.3 | 3.3 |
| | Canada | % | 2.1 | 2.6 | 2.4 | 2.0 | 2.0 | 2.0 | 2.0 | 2.1 | 2.1 | 2.1 | 2.1 |
| | Chile | % | 3.9 | 3.3 | 4.0 | 4.2 | 4.3 | 4.3 | 4.0 | 4.0 | 4.0 | 4.0 | 4.0 |
| | European Union | % | 0.2 | 1.4 | 1.9 | 1.9 | 1.8 | 1.7 | 1.7 | 1.7 | 1.6 | 1.6 | 1.6 |
| | Japan | % | 1.1 | 0.8 | 1.0 | 0.6 | 0.8 | 0.9 | 1.0 | 1.0 | 1.1 | 1.1 | 1.2 |
| | Korea | % | 2.9 | 3.8 | 4.1 | 3.4 | 3.3 | 3.2 | 3.1 | 3.0 | 2.9 | 2.8 | 2.7 |
| | Mexico | % | 2.5 | 3.9 | 4.2 | 2.7 | 2.7 | 2.7 | 2.7 | 2.8 | 2.8 | 2.8 | 2.8 |
| | New Zealand | % | 2.8 | 3.0 | 2.7 | 2.3 | 2.4 | 2.5 | 2.6 | 2.6 | 2.6 | 2.6 | 2.6 |
| | Norway | % | 1.7 | 1.8 | 2.5 | 3.3 | 3.0 | 2.8 | 2.6 | 2.4 | 2.3 | 2.2 | 2.1 |
| | Switzerland | % | 1.5 | 1.5 | 2.5 | 2.3 | 2.3 | 2.3 | 2.2 | 2.2 | 2.2 | 2.1 | 2.1 |
| | Turkey | % | 3.1 | 3.0 | 3.7 | 3.5 | 3.5 | 3.5 | 3.5 | 3.5 | 3.5 | 3.5 | 3.5 |
| | United States | % | 2.2 | 3.1 | 3.0 | 3.0 | 2.8 | 2.6 | 2.6 | 2.5 | 2.5 | 2.4 | 2.4 |
| | Algeria | % | 3.3 | 4.0 | 3.8 | 3.9 | 3.8 | 3.9 | 3.9 | 3.9 | 3.9 | 3.9 | 3.9 |
| | Argentina | % | 1.3 | 1.2 | 3.1 | 4.2 | 4.0 | 3.7 | 3.5 | 3.4 | 3.3 | 3.2 | 3.2 |
| | Bangladesh | % | 6.2 | 6.4 | 6.8 | 7.0 | 7.0 | 7.0 | 6.8 | 6.8 | 6.8 | 6.8 | 6.8 |
| | Brazil | % | 1.3 | 1.5 | 2.0 | 2.9 | 2.8 | 2.6 | 2.5 | 2.5 | 2.5 | 2.5 | 2.5 |
| | China | % | 7.5 | 7.1 | 6.9 | 6.2 | 5.8 | 5.4 | 5.1 | 4.9 | 4.6 | 4.4 | 4.2 |
| | Egypt | % | 2.2 | 3.5 | 3.8 | 3.9 | 4.0 | 4.0 | 3.9 | 3.9 | 3.9 | 3.9 | 3.9 |
| | India | % | 5.1 | 6.4 | 6.5 | 6.6 | 6.7 | 6.7 | 6.6 | 6.6 | 6.6 | 6.6 | 6.6 |
| | Indonesia | % | 5.7 | 5.5 | 5.8 | 6.0 | 6.0 | 6.0 | 5.9 | 5.9 | 5.9 | 5.9 | 5.9 |
| | Iran | % | -2.3 | 2.2 | 2.2 | 2.2 | 2.2 | 2.2 | 2.2 | 2.2 | 2.2 | 2.2 | 2.2 |
| | Malaysia | % | 5.4 | 5.2 | 5.0 | 5.0 | 5.0 | 5.0 | 5.0 | 5.0 | 5.0 | 5.0 | 5.0 |
| | Pakistan | % | 3.9 | 4.3 | 4.4 | 4.8 | 5.0 | 5.0 | 4.7 | 4.7 | 4.7 | 4.7 | 4.7 |
| | Russian Federation | % | 1.7 | 0.0 | 1.6 | 3.9 | 3.6 | 3.3 | 3.1 | 2.9 | 2.9 | 2.8 | 2.8 |
| | Saudi Arabia | % | 4.8 | 4.5 | 4.4 | 4.4 | 4.4 | 4.4 | 4.4 | 4.4 | 4.4 | 4.4 | 4.4 |
| | South Africa | % | 1.9 | 2.3 | 2.8 | 2.7 | 2.7 | 2.7 | 2.6 | 2.6 | 2.6 | 2.6 | 2.6 |
| | Ukraine | % | -2.3 | -5.0 | 4.0 | 4.0 | 4.5 | 4.5 | 2.4 | 2.4 | 2.4 | 2.4 | 2.4 |
| | Uruguay | % | 3.6 | 2.8 | 3.0 | 3.3 | 3.5 | 3.5 | 3.2 | 3.2 | 3.2 | 3.2 | 3.2 |
| | % | 1.4 | 2.2 | 2.5 | 2.3 | 2.2 | 2.2 | 2.2 | 2.1 | 2.1 | 2.1 | 2.1 | |
| | PCE DEFLATOR 1 | ||||||||||||
| | Australia | % | 2.6 | 2.1 | 2.5 | 2.7 | 2.8 | 2.8 | 2.8 | 2.7 | 2.7 | 2.7 | 2.7 |
| | Canada | % | 1.5 | 1.4 | 1.7 | 2.4 | 2.4 | 2.4 | 2.4 | 2.2 | 2.2 | 2.2 | 2.2 |
| | Chile | % | 3.1 | 3.2 | 3.0 | 3.0 | 3.0 | 3.0 | 3.0 | 3.0 | 3.0 | 3.0 | 3.0 |
| | European Union | % | 1.6 | 1.0 | 1.6 | 1.9 | 1.9 | 1.9 | 1.9 | 1.9 | 1.9 | 1.9 | 1.9 |
| | Japan | % | 0.3 | 1.6 | 1.5 | 2.2 | 2.1 | 2.1 | 2.1 | 2.1 | 2.1 | 2.0 | 2.0 |
| | Korea | % | 1.5 | 1.9 | 2.3 | 3.0 | 3.0 | 3.0 | 3.0 | 3.0 | 3.0 | 3.0 | 3.0 |
| | Mexico | % | 3.5 | 3.1 | 3.0 | 3.6 | 3.5 | 3.5 | 3.5 | 3.2 | 3.2 | 3.2 | 3.2 |
| | New Zealand | % | 0.6 | 0.8 | 1.3 | 2.3 | 2.3 | 2.2 | 2.2 | 2.1 | 2.1 | 2.1 | 2.1 |
| | Norway | % | 2.1 | 2.3 | 2.6 | 3.2 | 3.2 | 3.2 | 3.2 | 2.9 | 2.9 | 2.9 | 2.9 |
| | Switzerland | % | -0.5 | 0.0 | 0.3 | 2.0 | 2.1 | 2.1 | 2.1 | 2.1 | 2.1 | 2.1 | 2.1 |
| | Turkey | % | 8.5 | 7.0 | 6.5 | 6.2 | 6.2 | 6.2 | 6.4 | 6.4 | 6.4 | 6.4 | 6.4 |
| | United States | % | 1.5 | 1.2 | 1.7 | 1.9 | 2.0 | 2.0 | 2.0 | 2.0 | 2.0 | 2.0 | 2.0 |
| | Algeria | % | 5.1 | 4.0 | 4.0 | 4.0 | 4.0 | 4.0 | 4.0 | 4.0 | 4.0 | 4.0 | 4.0 |
| | Argentina | % | 19.9 | 19.1 | 6.7 | 4.3 | 3.9 | 3.9 | 3.9 | 4.0 | 4.0 | 4.0 | 4.0 |
| | Bangladesh | % | 7.0 | 6.8 | 6.4 | 6.1 | 5.9 | 5.7 | 6.1 | 6.1 | 6.1 | 6.1 | 6.1 |
| | Brazil | % | 6.8 | 6.4 | 6.2 | 4.6 | 4.6 | 4.6 | 4.6 | 4.6 | 4.6 | 4.6 | 4.6 |
| | China | % | 2.4 | 2.6 | 3.0 | 2.5 | 2.5 | 2.5 | 2.5 | 2.5 | 2.5 | 2.5 | 2.5 |
| | Egypt | % | 8.6 | 13.5 | 12.0 | 11.7 | 12.0 | 12.0 | 12.2 | 12.2 | 12.2 | 12.2 | 12.2 |
| | India | % | 9.2 | 7.5 | 6.7 | 6.3 | 6.2 | 6.0 | 6.5 | 6.5 | 6.5 | 6.5 | 6.5 |
| | Indonesia | % | 5.5 | 6.7 | 6.1 | 5.5 | 5.2 | 5.0 | 5.7 | 5.7 | 5.7 | 5.7 | 5.7 |
| | Iran | % | 1.8 | 2.1 | 2.1 | 2.2 | 2.1 | 2.0 | 2.1 | 2.1 | 2.1 | 2.1 | 2.1 |
| | Malaysia | % | 2.2 | 4.1 | 3.5 | 2.9 | 2.9 | 2.9 | 3.3 | 3.3 | 3.3 | 3.3 | 3.3 |
| | Pakistan | % | 9.0 | 8.0 | 6.8 | 6.0 | 6.0 | 6.0 | 6.5 | 6.5 | 6.5 | 6.5 | 6.5 |
| | Russian Federation | % | 6.4 | 7.7 | 6.1 | 3.4 | 3.6 | 3.8 | 3.8 | 3.9 | 3.9 | 4.0 | 4.0 |
| | Saudi Arabia | % | 3.1 | 3.2 | 3.4 | 3.6 | 3.4 | 3.3 | 3.4 | 3.4 | 3.4 | 3.4 | 3.4 |
| | South Africa | % | 5.9 | 5.8 | 5.5 | 5.3 | 5.3 | 5.3 | 5.4 | 5.4 | 5.4 | 5.4 | 5.4 |
| | Ukraine | % | 8.4 | 20.0 | 8.3 | 7.6 | 6.6 | 6.0 | 9.7 | 9.7 | 9.7 | 9.7 | 9.7 |
| | Uruguay | % | 8.5 | 8.3 | 7.8 | 7.3 | 6.8 | 6.5 | 7.3 | 7.3 | 7.3 | 7.3 | 7.3 |
| | % | 1.6 | 1.4 | 1.8 | 2.2 | 2.2 | 2.2 | 2.3 | 2.3 | 2.2 | 2.3 | 2.3 | |
| | GDP DEFLATOR 1 | ||||||||||||
| | Australia | % | 0.3 | 1.0 | 2.5 | 2.7 | 2.8 | 2.8 | 2.8 | 2.7 | 2.7 | 2.7 | 2.7 |
| | Canada | % | 1.6 | 0.7 | 1.9 | 2.4 | 2.4 | 2.4 | 2.4 | 2.2 | 2.2 | 2.2 | 2.2 |
| | Chile | % | 2.7 | 3.5 | 2.7 | 2.7 | 2.8 | 2.8 | 2.9 | 2.9 | 2.9 | 2.9 | 2.9 |
| | European Union | % | 1.7 | 1.6 | 1.6 | 1.9 | 1.9 | 1.9 | 1.8 | 1.8 | 1.8 | 1.8 | 1.8 |
| | Japan | % | 0.0 | 1.7 | 1.4 | 2.2 | 2.1 | 2.1 | 2.1 | 2.1 | 2.1 | 2.0 | 2.0 |
| | Korea | % | 0.8 | 0.4 | 0.7 | 3.0 | 3.0 | 3.0 | 3.0 | 3.0 | 3.0 | 3.0 | 3.0 |
| | Mexico | % | 3.1 | 3.5 | 3.0 | 3.6 | 3.5 | 3.5 | 3.5 | 3.2 | 3.2 | 3.2 | 3.2 |
| | New Zealand | % | 1.2 | -0.1 | 1.5 | 2.3 | 2.3 | 2.2 | 2.2 | 2.1 | 2.1 | 2.1 | 2.1 |
| | Norway | % | 2.1 | 0.2 | 2.5 | 3.2 | 3.2 | 3.2 | 3.2 | 2.9 | 2.9 | 2.9 | 2.9 |
| | Switzerland | % | 0.0 | 0.9 | 0.5 | 2.0 | 2.1 | 2.1 | 2.1 | 2.1 | 2.1 | 2.1 | 2.1 |
| | Turkey | % | 7.5 | 6.7 | 6.3 | 6.2 | 6.2 | 6.2 | 6.3 | 6.3 | 6.3 | 6.3 | 6.3 |
| | United States | % | 1.6 | 1.7 | 1.9 | 1.9 | 2.0 | 2.0 | 2.0 | 2.0 | 2.0 | 2.0 | 2.0 |
| | Algeria | % | 4.3 | 3.7 | 3.4 | 3.8 | 2.1 | 2.1 | 3.0 | 3.0 | 3.0 | 3.0 | 3.0 |
| | Argentina | % | 22.5 | 26.5 | 17.1 | 4.3 | 3.9 | 3.9 | 3.9 | 4.0 | 4.0 | 4.0 | 4.0 |
| | Bangladesh | % | 7.1 | 7.0 | 6.4 | 6.1 | 6.0 | 5.8 | 6.3 | 6.3 | 6.3 | 6.3 | 6.3 |
| | Brazil | % | 5.9 | 6.0 | 6.0 | 4.6 | 4.6 | 4.6 | 4.6 | 4.6 | 4.6 | 4.6 | 4.6 |
| | China | % | 1.6 | 1.7 | 2.0 | 2.5 | 2.5 | 2.5 | 2.5 | 2.5 | 2.5 | 2.5 | 2.5 |
| | Egypt | % | 10.8 | 13.2 | 11.1 | 11.2 | 11.3 | 11.2 | 11.6 | 11.6 | 11.6 | 11.6 | 11.6 |
| | India | % | 7.1 | 6.2 | 6.2 | 5.5 | 5.5 | 5.5 | 5.8 | 5.8 | 5.8 | 5.8 | 5.8 |
| | Indonesia | % | 4.7 | 6.7 | 6.1 | 5.5 | 5.3 | 5.0 | 5.7 | 5.7 | 5.7 | 5.7 | 5.7 |
| | Iran | % | 1.6 | 1.7 | 1.9 | 1.9 | 2.0 | 2.0 | 2.0 | 2.0 | 2.0 | 2.0 | 2.0 |
| | Malaysia | % | 1.3 | 3.7 | 3.3 | 2.4 | 2.8 | 2.7 | 3.0 | 3.0 | 3.0 | 3.0 | 3.0 |
| | Pakistan | % | 7.4 | 8.0 | 6.7 | 6.0 | 6.0 | 6.0 | 6.5 | 6.5 | 6.5 | 6.5 | 6.5 |
| | Russian Federation | % | 7.2 | 6.3 | 6.1 | 3.4 | 3.6 | 3.8 | 3.8 | 3.9 | 3.9 | 4.0 | 4.0 |
| | Saudi Arabia | % | 0.4 | -0.9 | -0.1 | 0.0 | 0.3 | 0.4 | -0.1 | -0.1 | -0.1 | -0.1 | -0.1 |
| | South Africa | % | 5.5 | 5.8 | 5.6 | 5.4 | 5.4 | 5.4 | 5.5 | 5.5 | 5.5 | 5.5 | 5.5 |
| | Ukraine | % | 12.1 | 20.0 | 8.3 | 7.6 | 6.6 | 6.0 | 9.7 | 9.7 | 9.7 | 9.7 | 9.7 |
| | Uruguay | % | 7.8 | 7.6 | 7.3 | 7.2 | 6.9 | 6.6 | 7.1 | 7.1 | 7.1 | 7.1 | 7.1 |
| | OECD 3 | % | 1.6 | 1.8 | 1.9 | 2.2 | 2.2 | 2.2 | 2.2 | 2.2 | 2.2 | 2.2 | 2.2 |
| | WORLD INPUT PRICES | ||||||||||||
| | Brent crude oil 4 | USD/barrel | 106.6 | 63.8 | 65.8 | 68.1 | 70.6 | 73.5 | 76.7 | 79.8 | 82.7 | 85.5 | 88.1 |
| | Fertiliser 5 | USD/t | 376.3 | 285.6 | 273.6 | 240.7 | 278.9 | 293.7 | 280.5 | 286.6 | 300.7 | 299.9 | 304.4 |
| | EXCHANGE RATES | ||||||||||||
| | Australia | AUD/USD | 1.04 | 1.16 | 1.16 | 1.21 | 1.26 | 1.30 | 1.35 | 1.39 | 1.42 | 1.46 | 1.49 |
| | Canada | CAD/USD | 1.04 | 1.14 | 1.14 | 1.17 | 1.19 | 1.21 | 1.23 | 1.25 | 1.26 | 1.27 | 1.29 |
| | Chile | CLP/USD | 512.78 | 562.00 | 564.00 | 566.00 | 566.00 | 566.00 | 567.92 | 569.84 | 571.77 | 573.70 | 575.65 |
| | European Union | EUR/USD | 0.76 | 0.80 | 0.80 | 0.81 | 0.82 | 0.83 | 0.84 | 0.85 | 0.86 | 0.86 | 0.87 |
| | Japan | JPY/USD | 94.23 | 114.45 | 114.45 | 115.97 | 117.27 | 118.37 | 119.31 | 120.16 | 120.91 | 121.58 | 122.17 |
| | Korea | KRW/USD | 1 090.61 | 1 089.10 | 1 089.10 | 1 090.43 | 1 092.55 | 1 095.20 | 1 098.43 | 1 102.29 | 1 106.79 | 1 111.92 | 1 117.64 |
| | Mexico | MXN/USD | 13.05 | 13.63 | 13.63 | 13.70 | 13.77 | 13.84 | 13.92 | 13.97 | 14.02 | 14.07 | 14.14 |
| | New Zealand | NZD/USD | 1.22 | 1.29 | 1.29 | 1.35 | 1.39 | 1.44 | 1.48 | 1.51 | 1.54 | 1.57 | 1.60 |
| | Algeria | DZD/USD | 78.87 | 82.08 | 84.54 | 87.07 | 89.69 | 92.38 | 95.15 | 98.00 | 100.94 | 103.97 | 107.09 |
| | Argentina | ARS/USD | 6.05 | 8.51 | 8.51 | 8.56 | 8.59 | 8.63 | 8.69 | 8.76 | 8.84 | 8.93 | 9.03 |
| | Bangladesh | BDT/USD | 78.65 | 78.78 | 81.35 | 83.73 | 85.86 | 87.87 | 90.08 | 92.35 | 94.67 | 97.05 | 99.50 |
| | Brazil | BRL/USD | 2.15 | 2.53 | 2.53 | 2.70 | 2.87 | 3.03 | 3.20 | 3.36 | 3.52 | 3.68 | 3.84 |
| | China | CNY/USD | 6.20 | 6.11 | 6.11 | 6.16 | 6.21 | 6.26 | 6.31 | 6.36 | 6.41 | 6.47 | 6.52 |
| | Egypt | EGP/USD | 6.48 | 7.18 | 7.33 | 7.60 | 7.79 | 7.86 | 8.05 | 8.25 | 8.45 | 8.65 | 8.86 |
| | India | INR/USD | 59.26 | 64.70 | 67.16 | 69.16 | 71.57 | 73.67 | 76.04 | 78.50 | 81.03 | 83.64 | 86.34 |
| | Indonesia | '000 IDR/USD | 10.52 | 12.39 | 13.05 | 13.54 | 13.96 | 14.36 | 14.94 | 15.55 | 16.18 | 16.84 | 17.53 |
| | Malaysia | MYR/USD | 3.15 | 3.13 | 3.09 | 3.05 | 3.02 | 2.98 | 2.93 | 2.89 | 2.85 | 2.81 | 2.77 |
| | Pakistan | PKR/USD | 96.03 | 108.24 | 114.40 | 120.90 | 127.78 | 135.05 | 142.74 | 150.86 | 159.45 | 168.52 | 178.11 |
| | Russian Federation | RUB/USD | 33.55 | 46.58 | 46.58 | 45.83 | 45.29 | 44.95 | 44.76 | 44.70 | 44.75 | 44.88 | 45.08 |
| | Saudi Arabia | SAR/USD | 3.75 | 3.75 | 3.75 | 3.75 | 3.75 | 3.75 | 3.75 | 3.75 | 3.75 | 3.75 | 3.75 |
| | South Africa | ZAR/USD | 9.52 | 11.20 | 11.61 | 11.97 | 12.35 | 12.74 | 13.19 | 13.66 | 14.15 | 14.66 | 15.18 |
| | Ukraine | UAH/USD | 9.15 | 12.91 | 13.32 | 13.53 | 13.72 | 13.92 | 14.53 | 15.17 | 15.83 | 16.52 | 17.25 |
| | Uruguay | UYU/USD | 21.21 | 24.21 | 25.58 | 26.90 | 28.16 | 29.41 | 30.93 | 32.54 | 34.23 | 36.00 | 37.87 |
| A.1 | Economic assumptions(cont.) | ||||||||||||
| Calendar year | |||||||||||||
| | | | 2014est | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
| | POPULATION 1 | ||||||||||||
| | Australia | % | 1.2 | 1.2 | 1.3 | 1.3 | 1.2 | 1.2 | 1.2 | 1.2 | 1.2 | 1.1 | 1.1 |
| | Canada | % | 1.0 | 1.0 | 1.0 | 1.0 | 1.0 | 0.9 | 0.9 | 0.9 | 0.8 | 0.8 | 0.8 |
| | Chile | % | 0.9 | 0.8 | 0.8 | 0.8 | 0.8 | 0.8 | 0.8 | 0.7 | 0.7 | 0.7 | 0.7 |
| | European Union | % | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 |
| | Japan | % | -0.1 | -0.1 | -0.2 | -0.2 | -0.2 | -0.3 | -0.3 | -0.3 | -0.3 | -0.3 | -0.4 |
| | Korea | % | 0.5 | 0.5 | 0.5 | 0.4 | 0.4 | 0.4 | 0.4 | 0.4 | 0.3 | 0.3 | 0.3 |
| | Mexico | % | 1.2 | 1.2 | 1.1 | 1.1 | 1.0 | 1.0 | 1.0 | 1.0 | 1.0 | 0.9 | 0.9 |
| | New Zealand | % | 1.0 | 1.0 | 1.0 | 0.9 | 0.9 | 0.9 | 0.9 | 0.9 | 0.9 | 0.8 | 0.8 |
| | Norway | % | 1.0 | 1.0 | 1.0 | 1.0 | 1.0 | 1.0 | 0.9 | 0.9 | 0.8 | 0.8 | 0.8 |
| | Switzerland | % | 1.0 | 1.0 | 1.0 | 1.0 | 1.0 | 1.0 | 1.0 | 1.0 | 1.0 | 1.0 | 0.9 |
| | Turkey | % | 1.2 | 1.1 | 1.0 | 1.0 | 0.9 | 0.9 | 0.9 | 0.9 | 0.9 | 0.8 | 0.8 |
| | United States | % | 0.8 | 0.8 | 0.8 | 0.8 | 0.8 | 0.8 | 0.8 | 0.8 | 0.7 | 0.7 | 0.7 |
| | Algeria | % | 1.8 | 1.8 | 1.7 | 1.6 | 1.5 | 1.4 | 1.4 | 1.3 | 1.2 | 1.2 | 1.1 |
| | Argentina | % | 0.9 | 0.8 | 0.8 | 0.8 | 0.8 | 0.8 | 0.8 | 0.7 | 0.7 | 0.7 | 0.7 |
| | Bangladesh | % | 1.2 | 1.2 | 1.2 | 1.1 | 1.1 | 1.1 | 1.1 | 1.0 | 1.0 | 1.0 | 0.9 |
| | Brazil | % | 0.8 | 0.8 | 0.8 | 0.7 | 0.7 | 0.7 | 0.7 | 0.6 | 0.6 | 0.6 | 0.6 |
| | China | % | 0.6 | 0.6 | 0.5 | 0.5 | 0.4 | 0.4 | 0.4 | 0.3 | 0.3 | 0.2 | 0.2 |
| | Egypt | % | 1.6 | 1.6 | 1.5 | 1.5 | 1.5 | 1.4 | 1.4 | 1.3 | 1.3 | 1.3 | 1.2 |
| | India | % | 1.2 | 1.2 | 1.1 | 1.1 | 1.1 | 1.1 | 1.0 | 1.0 | 1.0 | 1.0 | 0.9 |
| | Indonesia | % | 1.2 | 1.1 | 1.1 | 1.1 | 1.0 | 1.0 | 1.0 | 1.0 | 0.9 | 0.9 | 0.9 |
| | Iran | % | 1.3 | 1.3 | 1.2 | 1.2 | 1.2 | 1.1 | 1.1 | 1.0 | 1.0 | 0.9 | 0.9 |
| | Malaysia | % | 1.6 | 1.5 | 1.5 | 1.4 | 1.4 | 1.4 | 1.3 | 1.3 | 1.3 | 1.3 | 1.2 |
| | Pakistan | % | 1.6 | 1.6 | 1.6 | 1.6 | 1.6 | 1.5 | 1.5 | 1.5 | 1.4 | 1.4 | 1.4 |
| | Russian Federation | % | -0.3 | -0.3 | -0.3 | -0.3 | -0.3 | -0.3 | -0.3 | -0.4 | -0.4 | -0.4 | -0.5 |
| | Saudi Arabia | % | 1.9 | 1.8 | 1.7 | 1.7 | 1.6 | 1.5 | 1.4 | 1.3 | 1.2 | 1.1 | 1.0 |
| | South Africa | % | 0.7 | 0.7 | 0.6 | 0.6 | 0.6 | 0.6 | 0.6 | 0.6 | 0.6 | 0.6 | 0.5 |
| | Ukraine | % | -0.7 | -0.7 | -0.7 | -0.7 | -0.7 | -0.7 | -0.7 | -0.7 | -0.7 | -0.8 | -0.8 |
| | Uruguay | % | 0.4 | 0.3 | 0.3 | 0.3 | 0.3 | 0.3 | 0.3 | 0.3 | 0.3 | 0.3 | 0.3 |
| | OECD 3 | % | 0.5 | 0.5 | 0.5 | 0.5 | 0.5 | 0.5 | 0.5 | 0.4 | 0.4 | 0.4 | 0.4 |
| | World | % | 1.1 | 1.1 | 1.1 | 1.1 | 1.0 | 1.0 | 1.0 | 1.0 | 1.0 | 0.9 | 0.9 |
| Note: For OECD member countries, as well as Brazil, China and Russia, historical data for real GDP, private consumption expenditure deflator and GDP deflator were obtained from the OECD Economic Outlook No. 96, November 2014. For other economies, historical macroeconomic data were obtained from the IMF, World Economic Outlook, October 2014. Assumptions for the projection period draw on the recent short term update of the OECD Economics Department, projections of the OECD Economic Outlook No. 95, projections of the IMF, and for population, projections from the United Nations World Population Prospects Database, 2012 Revision (medium variant). Data for the European Union are euro area aggregates except for population. Average 2012-14est and 2014est: Data for 2014 are estimated. | |||||||||||||
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Annual per cent change. The price index used is the private consumption expenditure deflator. | |||||||||||||
Annual weighted average real GDP and CPI growth rates in OECD countries are based on weights using purchasing power parities (PPPs). | |||||||||||||
Excludes Iceland. | |||||||||||||
Short term update for crude oil price from the OECD Economic Outlook No.96, November 2014, then daily spot price average used for 2014 and oil prices kept at December 2014 value for the year 2015. Projections based on the growth rates from the IEA World Energy Outlook 2014. | |||||||||||||
World Bank. Data for 2014 are estimated, projections by OECD and FAO Secretariats. | |||||||||||||
| Source: OECD/FAO (2015), “OECD-FAO Agricultural Outlook”,OECD Agriculture statistics(database). doi:dx.doi.org/10.1787/agr-outl-data-en | |||||||||||||