World - Livestock production index (2004-2006 = 100)

The latest value for Livestock production index (2004-2006 = 100) in World was 0.199 as of 2014. Over the past 53 years, the value for this indicator has fluctuated between 0.879 in 2011 and 0.187 in 1961.

Definition: Livestock production index includes meat and milk from all sources, dairy products such as cheese, and eggs, honey, raw silk, wool, and hides and skins.

Source: Food and Agriculture Organization, electronic files and web site.

See also:

Year Value
1961 0.187
1962 0.190
1963 0.198
1964 0.199
1965 0.204
1966 0.214
1967 0.221
1968 0.232
1969 0.232
1970 0.234
1971 0.238
1972 0.240
1973 0.250
1974 0.258
1975 0.267
1976 0.281
1977 0.295
1978 0.313
1979 0.337
1980 0.360
1981 0.383
1982 0.375
1983 0.377
1984 0.351
1985 0.391
1986 0.378
1987 0.367
1988 0.379
1989 0.396
1990 0.411
1991 0.431
1992 0.439
1993 0.456
1994 0.510
1995 0.544
1996 0.550
1997 0.579
1998 0.624
1999 0.673
2000 0.709
2001 0.747
2002 0.784
2003 0.820
2004 0.828
2005 0.850
2006 0.839
2007 0.842
2008 0.861
2009 0.863
2010 0.877
2011 0.879
2012 0.191
2013 0.193
2014 0.199

Development Relevance: The commodities covered in the computation of indices of agricultural production are all crops and livestock products originating in each country. Practically all products are covered, with the main exception of fodder crops. The category of food production includes commodities that are considered edible and that contain nutrients. Accordingly, coffee and tea are excluded along with inedible commodities because, although edible, they have practically no nutritive value. It should be noted that when calculating indices of agricultural, food and nonfood production, all intermediate primary inputs of agricultural origin are deducted. However, for indices of any other commodity group, only inputs originating from within the same group are deducted; thus, only seed is removed from the group "crops" and from all crop subgroups, such as cereals, oil crops, etc.; and both feed and seed originating from within the livestock sector (e.g. milk feed, hatching eggs) are removed from the group "livestock products". For the main two livestock subgroups, namely, meat and milk, only feed originating from the respective subgroup is removed. Crop production data refer to the actual harvested production from the field or orchard and gardens, excluding harvesting and threshing losses and that part of crop not harvested for any reason. Production therefore includes the quantities of the commodity sold in the market (marketed production) and the quantities consumed or used by the producers (auto-consumption).

Limitations and Exceptions: Agricultural data are collected by the Food and Agriculture Organization of the United Nations (FAO) from official national sources through the questionnaire and are supplemented with information from official secondary data sources. The secondary sources cover official country data from websites of national ministries, national publications and related country data reported by various international organizations. The FAO tries to impose standard definitions and reporting methods, but complete consistency across countries and over time is not possible. Data on agricultural employment, in particular, should be used with caution. In many countries much agricultural employment is informal and unrecorded, including substantial work performed by women and children. To address some of these concerns, this indicator is heavily footnoted in the database in sources, definition, and coverage.

Statistical Concept and Methodology: The agricultural production index is prepared by the Food and Agriculture Organization of the United Nations (FAO). The FAO indices of agricultural production show the relative level of the aggregate volume of agricultural production for each year in comparison with the base period 2004-2006. They are based on the sum of price-weighted quantities of different agricultural commodities produced after deductions of quantities used as seed and feed weighted in a similar manner. The resulting aggregate represents, therefore, disposable production for any use except as seed and feed. All the indices at the country, regional and world levels are calculated by the Laspeyres formula*. Production quantities of each commodity are weighted by 2004-2006 average international commodity prices and summed for each year. To obtain the index, the aggregate for a given year is divided by the average aggregate for the base period 2004-2006. Since the FAO indices are based on the concept of agriculture as a single enterprise, amounts of seed and feed are subtracted from the production data to avoid double counting, once in the production data and once with the crops or livestock produced from them. Deductions for seed (in the case of eggs, for hatching) and for livestock and poultry feed apply to both domestically produced and imported commodities. They cover only primary agricultural products destined to animal feed (e.g. maize, potatoes, milk, etc.). Processed and semi-processed feed items such as bran, oilcakes, meals and molasses have been completely excluded from the calculations at all stages. It should be noted that when calculating indices of agricultural, food and nonfood production, all intermediate primary inputs of agricultural origin are deducted. However, for indices of any other commodity group, only inputs originating from within the same group are deducted; thus, only seed is removed from the group "crops" and from all crop subgroups, such as cereals, oil crops, etc.; and both feed and seed originating from within the livestock sector (e.g. milk feed, hatching eggs) are removed from the group "livestock products". For the main two livestock subgroups, namely, meat and milk, only feed originating from the respective subgroup is removed. Indices which take into account deductions for feed and seed are referred to as ''net''. Indices calculated without any deductions for feed and seed are referred to as ''gross". The "international commodity prices" are used in order to avoid the use of exchange rates for obtaining continental and world aggregates, and also to improve and facilitate international comparative analysis of productivity at the national level. These" international prices," expressed in so-called "international dollars," are derived using a Geary-Khamis formula** for the agricultural sector. This method assigns a single "price" to each commodity. For example, one metric ton of wheat has the same price regardless of the country where it was produced. The currency unit in which the prices are expressed has no influence on the indices published. The commodities covered in the computation of indices of agricultural production are all crops and livestock products originating in each country. Practically all products are covered, with the main exception of fodder crops. * A Laspeyres Index is known as a "base-weighted" or "fixed-weighted" index because the price increases are weighted by the quantities in the base period. The Consumer Price Index is an example of a Laspeyres Index. http://www.usna.edu/Users/econ/rbrady/312%20Materials/LaspeyresCalc.pdf ** Geary-Khamis formula is an aggregation method in which category "international prices" (reflecting relative category values) and country purchasing power parities (PPPs), (depicting relative country price levels) are estimated simultaneously from a system of linear equations. http://stats.oecd.org/glossary/detail.asp?ID=5528

Aggregation method: Weighted average

Base Period: 2004-06

Periodicity: Annual

Classification

Topic: Environment Indicators

Sub-Topic: Agricultural production