Monthly Bulletin of Statistics Online

What's new
About MBS
List of MBS tables
By topic & table
By series
View data in PDF
Countries & areas
Data dictionary
References
Technical notes
Questionnaires
Contact us
Most viewed tables
Web services

 

MBS Online data dictionary
[Back]
Term
Agricultural production index
Description 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. All the indices at the country, regional and world levels are calculated by the Laspeyres formula. Production quantities of each commodity are weighted by average international commodity prices in the base period 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. 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. (12, 1995, p. ix)
Source Food and Agriculture Organization of the United Nations (FAO, annual). FAO Production Yearbook (Rome).
UN Home | Department of Economic and Social Affairs | Economic and Social Development Home
United Nations Statistics Division
Copyright © 2014