1887

OECD-FAO Agricultural Outlook 2015

image of 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.

English French, Spanish, Chinese

From Chapter: Statistical Annex
.

OECD-FAO Agricultural Outlook 2015 - © OECD 2015

‌A.1Economic assumptions
A.1Economic 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
 
OECD 2,3
%
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
 
OECD 2,3
%
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.1Economic 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.
Disclaimer: http://oe.cd/disclaimer
1.
Annual per cent change. The price index used is the private consumption expenditure deflator.
2.
Annual weighted average real GDP and CPI growth rates in OECD countries are based on weights using purchasing power parities (PPPs).
3.
Excludes Iceland.
4.
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.
5.
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

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