- Global Real GDP Assumptions
- Population Growth Assumptions
- US Agricultural Projections
- Projections for Major Commodities
- USDA Agricultural Projections
- US Macroeconomic Conditions
- US Agricultural Supply and Demand Report
Global Real GDP Growth Assumptions
This dataset shows the long-run projections for the US agricultural sector to 2031 includes assumptions for the US and international macroeconomic conditions and projections for major commodities, farm income, and the US agricultural trade value. Values are from the publication United States Department of Agriculture (USDA) Agricultural Projections to 2032.
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United States Department of Agriculture (USDA) long-term agricultural projections presented in this report are a departmental consensus on a longrun scenario for the agricultural sector. These projections provide a starting point for discussion of alternative outcomes for the sector. The scenario presented in this report is not a USDA forecast about the future. Instead, it is a conditional, longrun scenario about what would be expected to happen under a continuation of current farm legislation and other specific assumptions.
Critical long-term assumptions are made for the US and international macroeconomic conditions, US and foreign agricultural and trade policies, and growth rates of agricultural productivity in the United States and abroad. The report assumes that there are no domestic or external shocks that would affect global agricultural supply and demand. Normal weather is assumed. Changes in any of these assumptions can significantly affect the projections, and actual conditions that emerge will alter the outcomes.
The report uses as a starting point the short-term projections from the November 2015 World Agricultural Supply and Demand Estimates report. The macroeconomic assumptions were completed in August 2022.
The projections analysis was conducted by interagency committees in USDA and reflect a composite of model results and judgment-based analyses. The Economic Research Service had the lead role in preparing the departmental report. The projections and the report were reviewed and cleared by the Interagency Agricultural Projections Committee, chaired by the World Agricultural Outlook Board. USDA participants in the projections analysis and review include the World Agricultural Outlook Board; the Economic Research Service; the Farm Service Agency; the Foreign Agricultural Service; the Agricultural Marketing Service; the Office of the Chief Economist; the Office of Budget and Program Analysis; the Risk Management Agency; the Natural Resources Conservation Service; and the National Institute of Food and Agriculture.
About this Dataset
John Snow Labs; United States Department of Agriculture (USDA);
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US Agricultural Projections, Projections for Major Commodities, USDA Agricultural Projections, US Macroeconomic Conditions, US Agricultural Supply and Demand Report
Global Real GDP Assumptions, Population Growth Assumptions
|Region_Or_Country||Country, state or a region||string||-|
|GDP_2022||GDP amount in year 2022||number||level : Ratiorequired : 1|
|GDP_Share_2020_To_22||Percentage of GDP share in 2020-2022||number||level : Ratiorequired : 1|
|Year_2022_Dollars||GDP per capita in 2022||number||level : Ratiorequired : 1|
|Year_2022||Change in Real GDP in terms of Percentage in year 2022||number||level : Ratiorequired : 1|
|Year_2023||Change in Real GDP in terms of Percentage in year 2023||number||level : Ratiorequired : 1|
|Year_2024||Change in Real GDP in terms of Percentage in year 2024||number||level : Ratiorequired : 1|
|Year_2025||Change in Real GDP in terms of Percentage in year 2025||number||level : Ratiorequired : 1|
|Year_2026||Change in Real GDP in terms of Percentage in year 2026||number||level : Ratiorequired : 1|
|Year_2027||Change in Real GDP in terms of Percentage in year 2027||number||level : Ratiorequired : 1|
|Year_2003_To_2012||Average GDP in year 2003 to 2012||number||level : Ratiorequired : 1|
|Year_2013_To_2022||Average GDP in year 2012 to 2021||number||level : Ratiorequired : 1|
|Year_2023_To_2032||Average GDP in year 2023 to 2032||number||level : Ratiorequired : 1|
|Region Or Country||GDP 2022||GDP Share 2020 To 22||Year 2022 Dollars||Year 2022||Year 2023||Year 2024||Year 2025||Year 2026||Year 2027||Year 2003 To 2012||Year 2013 To 2022||Year 2023 To 2032|
|U.S. and Canada||22672.79854||25.7||61072.484379999994||3.2||2.6||1.6||1.5||1.5||1.6||1.9||2.1||1.8|
|Caribbean and Central America||615.5287814||0.7||6754.37793||3.0||2.9||3.0||2.9||2.9||2.9||3.1||1.8||3.0|