Macao SAR, China | Livestock production index (2014-2016 = 100)
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. 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 2014-2016. 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 2014-2016 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 2014-2016. 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
Publisher
The World Bank
Origin
Macao Special Administrative Region of the People's Republic of China
Records
63
Source
Macao SAR, China | Livestock production index (2014-2016 = 100)
1960
32.89 1961
40.15 1962
47.57 1963
47.8 1964
50.58 1965
49.18 1966
49.51 1967
49.08 1968
49.08 1969
55.24 1970
56.18 1971
57.47 1972
58.96 1973
60.24 1974
60.91 1975
61.27 1976
64.67 1977
65.9 1978
74.96 1979
71.85 1980
72.22 1981
71.4 1982
66.66 1983
64.06 1984
65.99 1985
71.96 1986
71.25 1987
69.39 1988
70.56 1989
70.96 1990
70.98 1991
70.98 1992
72.02 1993
68.51 1994
68.72 1995
73.94 1996
69.74 1997
83.13 1998
103.13 1999
105.71 2000
112.98 2001
157.99 2002
100.05 2003
86.62 2004
104.76 2005
118.93 2006
165.62 2007
94.72 2008
109.88 2009
110.65 2010
94.96 2011
114.2 2012
100.73 2013
133.61 2014
81.89 2015
84.5 2016
92.27 2017
87.68 2018
77.8 2019
64.64 2020
61.12 2021
2022
Macao SAR, China | Livestock production index (2014-2016 = 100)
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. 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 2014-2016. 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 2014-2016 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 2014-2016. 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
Publisher
The World Bank
Origin
Macao Special Administrative Region of the People's Republic of China
Records
63
Source