Agricultural Policy Monitoring and Evaluation 2019

image of Agricultural Policy Monitoring and Evaluation 2019

This annual report monitors and evaluates agricultural policies spanning all 6 continents, including the 36 OECD countries, the 5 non-OECD EU Member States, and 12 emerging economies. It is a unique source of up-to date estimates of support to agriculture using a comprehensive system of measuring and classifying support to agriculture – the Producer and Consumer Support Estimates (PSEs and CSEs), the General Services Support Estimate (GSSE) and related indicators – which provide insight into the increasingly complex nature of agricultural policy and serve as a basis for OECD’s agricultural policy monitoring and evaluation. Comprehensive country chapters and the Statistical Annex containing detailed background tables with indicators of agricultural support are available in electronic form at the publication website.

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In Iceland, reforms of agricultural policies have been limited and the level of support remains among the highest within the OECD. At 59% of gross farm receipts, the PSE was more than three times the OECD average in 2016-18. The total support to agriculture (TSE) has averaged 1.1% of the country’s GDP in recent years, with support to producers (PSE) being the dominant component (96%). The remaining part of TSE is financing general services (GSSE), with almost half comprised of expenditures for inspection, and public stockholding expenditures responsible for much of the remainder.

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