Capital Requirements for Agriculture in Developing Countries to 2050
| dc.creator | Josef Schmidhuber, Jelle Bruinsma and Gerold Boedeker | |
| dc.date | 2023-04-27T11:21:32Z | |
| dc.date | 2023-04-27T11:21:32Z | |
| dc.date | 2009 | |
| dc.date | 2019-05-30T10:13:21.0000000Z | |
| dc.date.accessioned | 2026-06-27T21:02:02Z | |
| dc.description | Cumulative gross investment requirements for developing countries’ agriculture add up to a total of nearly US$9.2 trillion over the next 44 years (2005/07-2050). This amount would be necessary to remain consistent with FAO’s long-term outlook for global agriculture (World agriculture: towards 2030/50). Broken down by type of investment, more than US$5.5 trillion or 60 percent of the total would be required to replace the existing capital stock (or new capital items that are being added a nd subsequently depreciated over the 44 year period to 2050); the rest, i.e. about US$3.6 trillion would need to be added to the existing capital stock to increase (nearly double) output and raise productivity. Broken down by activity, primary agriculture accounts for about US$5.2 trillion of the total, while the remaining US$4.0 trillion is absorbed by downstream needs (processing, transportation, storage, etc.). Within primary agriculture, mechanization accounts for the single bigges t investment item (25 percent) followed by expansion and improvement of irrigation (nearly 20 percent). Broken down into annual amounts, the cumulative investments result in yearly averages of about US$210 billion gross and US$83 billion net, respectively. All estimates, gross and net, cumulative and annual, are in constant 2009 dollars. | |
| dc.format | application/pdf | |
| dc.identifier | https://openknowledge.fao.org/handle/20.500.14283/ak974e | |
| dc.identifier | http://www.fao.org/3/a-ak974e.pdf | |
| dc.identifier.uri | http://hdl.handle.net/123456789/211469 | |
| dc.language | English | |
| dc.rights | FAO | |
| dc.title | Capital Requirements for Agriculture in Developing Countries to 2050 | |
| dc.title | Capital Requirements for Agriculture in Developing Countries to 2050 | |
| dc.title | Expert Meeting on How to Feed the World in 2050 | |
| dc.type | Document |