Food Supply Indicator Category Flashcards

1
Q

Domestic Food Price Index

A
The
FAO
Food
Price
Index
is
a
measure
of
the
monthly
change
in
international
prices
of
a
basket
of
food
commodities.
It
consists
of
the
average
of
five
commodity
group
price
indices,
weighted
with
the
average
export
shares
of
each
of
the
groups
for
2002-­‐2004.
Domestic
food
price
level
index
is
an
important
indicator
for
global
monitoring
of
food
security
because
it
compares
the
relative
price
of
food
across
countries
and
over
time.
Scale:
I$;
range
(0
–
11.70)
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2
Q

Domestic Food Price Volatility

A
The
domestic
food
price
volatility
index
measures
the
variability
in
the
relative
price
of
food
in
a
country.
The
indicator
is
calculated
from
the
monthly
domestic
food
price
level
index
using
monthly
consumer
and
general
food
price
indices
and
purchasing
power
parity
data.
Price
volatility
has
a
strong
impact
on
food
security
because
it
affects
household
incomes
and
purchasing
power.
It
can
transform
vulnerable
people
into
poor
and
hungry
people.
Economists
distinguish
between
predictable
and
unpredictable
volatility;
the
latter
being
characterized
in
terms
of
shocks.
Production
can
vary
either
because
of
variations
in
area
planted
or
because
of
yield
variations,
typically
owing
to
weather.
Consumption
varies
because
of
changes
in
incomes,
changes
in
prices
of
substitutes
and
shifts
in
tastes.
It
is
generally
supposed
that
the
most
important
source
of
price
variability
in
agriculture
is
weather
shocks
to
agricultural
yields.
Scale:
Index;
range
(0
–
211)
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3
Q

Food Imports

A
Food
imports
as
a
percentage
of
total
merchandise
imports.
Food
comprises
the
commodities
in
SITC
sections
0
(food
and
live
animals),
1
(beverages
and
tobacco),
and
4
(animal
and
vegetable
oils
and
fats),
and
SITC
division
22
(oil
seeds,
oil
nuts,
and
oil
kernels).
The
values
in
this
series
are
estimated
by
World
Bank
staff
from
the
COMTRADE
database
maintained
by
the
United
Nations
Statistics
Division.
Scale:
percentage
of
total
merchandise
imports;
range
(0%
-­‐
63%)
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4
Q

Per Capita Food Supply Variability

A
Food
imports
as
a
percentage
of
total
merchandise
imports.
Food
comprises
the
commodities
in
SITC
sections
0
(food
and
live
animals),
1
(beverages
and
tobacco),
and
4
(animal
and
vegetable
oils
and
fats),
and
SITC
division
22
(oil
seeds,
oil
nuts,
and
oil
kernels).
The
values
in
this
series
are
estimated
by
World
Bank
staff
from
the
COMTRADE
database
maintained
by
the
United
Nations
Statistics
Division.
Scale:
percentage
of
total
merchandise
imports;
range
(0%
-­‐
63%)
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5
Q

Per capita food supply variability

A
Per
capita
food
supply
variability
corresponds
to
the
variability
of
the
net
per
capita
food
supply
value
in
kcal/capita/
year.
Scale:
kcal/capita/year;
range
(0
–
1,142)
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6
Q

Agriculture Value Added

A
Agriculture
includes
forestry,
hunting,
and
fishing,
as
well
as
cultivated
crops
and
livestock
production.
Value
added
is
the
net
output
of
a
sector
after
adding
up
all
outputs
and
subtracting
intermediate
inputs.
Scale:
percentage
of
total
Gross
Domestic
Product;
range:
(0%
-­‐
70)
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