Bananas — Gross Production Value in Philippines
Philippines: Bananas — Gross Production Value was 1.56 million 1000 USD in 2024. ◆ Volatile
Latest (2024)
1.56 million 1000 USD
Change on year
down 3.9%
World rank
8th
of 81 countries
All-time high
2.55 million 1000 USD
in 2012
All-time low
265,330 1000 USD
in 1965
Years of data
64
1961–2024
Bananas — Gross Production Value in Philippines, 1961–2024
Source: Food and Agriculture Organization of the United Nations. Measured in 1000 USD.
Analysis
The most recent figure for bananas — gross production value in Philippines is 1.56 million 1000 USD, measured in 2024.
That represents a change of down 3.9% on the previous year and down 1.2% over ten years.
Over the whole period, bananas — gross production value in Philippines peaked at 2.55 million 1000 USD in 2012 and was at its lowest, 265,330 1000 USD, in 1965.
Philippines ranks 8th of 81 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Bananas — Gross Production Value in Philippines, year by year
| Year | 1000 USD | Change |
|---|---|---|
| 1961 | 287,839 1000 USD | — |
| 1962 | 285,030 1000 USD | -1.0% |
| 1963 | 283,412 1000 USD | -0.6% |
| 1964 | 274,811 1000 USD | -3.0% |
| 1965 | 265,330 1000 USD | -3.5% |
| 1966 | 276,310 1000 USD | +4.1% |
| 1967 | 278,532 1000 USD | +0.8% |
| 1968 | 269,874 1000 USD | -3.1% |
| 1969 | 301,859 1000 USD | +11.9% |
| 1970 | 362,422 1000 USD | +20.1% |
| 1971 | 409,154 1000 USD | +12.9% |
| 1972 | 387,112 1000 USD | -5.4% |
| 1973 | 320,032 1000 USD | -17.3% |
| 1974 | 422,562 1000 USD | +32.0% |
| 1975 | 571,036 1000 USD | +35.1% |
| 1976 | 606,384 1000 USD | +6.2% |
| 1977 | 714,006 1000 USD | +17.7% |
| 1978 | 923,650 1000 USD | +29.4% |
| 1979 | 1.09 million 1000 USD | +17.6% |
| 1980 | 1.13 million 1000 USD | +4.2% |
| 1981 | 1.10 million 1000 USD | -2.4% |
| 1982 | 1.12 million 1000 USD | +1.8% |
| 1983 | 1.02 million 1000 USD | -9.4% |
| 1984 | 1.06 million 1000 USD | +4.5% |
| 1985 | 1.02 million 1000 USD | -3.8% |
| 1986 | 1.06 million 1000 USD | +3.4% |
| 1987 | 1.05 million 1000 USD | -1.3% |
| 1988 | 1.01 million 1000 USD | -3.6% |
| 1989 | 882,080 1000 USD | -12.5% |
| 1990 | 978,655 1000 USD | +10.9% |
| 1991 | 1.01 million 1000 USD | +3.5% |
| 1992 | 1.03 million 1000 USD | +1.7% |
| 1993 | 1.05 million 1000 USD | +2.3% |
| 1994 | 1.08 million 1000 USD | +2.8% |
| 1995 | 1.17 million 1000 USD | +8.2% |
| 1996 | 1.17 million 1000 USD | -0.2% |
| 1997 | 1.22 million 1000 USD | +4.2% |
| 1998 | 1.14 million 1000 USD | -6.8% |
| 1999 | 1.26 million 1000 USD | +11.3% |
| 2000 | 1.36 million 1000 USD | +7.9% |
| 2001 | 1.40 million 1000 USD | +2.6% |
| 2002 | 1.46 million 1000 USD | +4.3% |
| 2003 | 1.48 million 1000 USD | +1.8% |
| 2004 | 1.56 million 1000 USD | +4.9% |
| 2005 | 1.74 million 1000 USD | +11.8% |
| 2006 | 1.88 million 1000 USD | +7.9% |
| 2007 | 2.07 million 1000 USD | +10.1% |
| 2008 | 2.40 million 1000 USD | +16.1% |
| 2009 | 2.49 million 1000 USD | +3.7% |
| 2010 | 2.52 million 1000 USD | +1.0% |
| 2011 | 2.53 million 1000 USD | +0.7% |
| 2012 | 2.55 million 1000 USD | +0.7% |
| 2013 | 2.39 million 1000 USD | -6.3% |
| 2014 | 1.58 million 1000 USD | -34.0% |
| 2015 | 1.61 million 1000 USD | +2.3% |
| 2016 | 1.61 million 1000 USD | -0.2% |
| 2017 | 1.67 million 1000 USD | +3.6% |
| 2018 | 1.70 million 1000 USD | +1.7% |
| 2019 | 1.67 million 1000 USD | -1.5% |
| 2020 | 1.65 million 1000 USD | -1.6% |
| 2021 | 1.64 million 1000 USD | -0.2% |
| 2022 | 1.63 million 1000 USD | -0.7% |
| 2023 | 1.62 million 1000 USD | -0.5% |
| 2024 | 1.56 million 1000 USD | -3.9% |
Philippines compared with similar countries
- Philippines's 1.56 million 1000 USD is above the median for upper middle income countries, which is 41,070 1000 USD, 38.0× the median. (26 countries reporting)
- Philippines's 1.56 million 1000 USD is above the median for East Asia & Pacific, which is 163,377 1000 USD, 9.5× the median. (12 countries reporting)
Biggest year-on-year movements
Years where Bananas — Gross Production Value in Philippines changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2014 | -34.0% | 2.39 million 1000 USD | 1.58 million 1000 USD |
| 1975 | +35.1% | 422,562 1000 USD | 571,036 1000 USD |
| 1974 | +32.0% | 320,032 1000 USD | 422,562 1000 USD |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 280,333 1000 USD | 265,330 1000 USD | 301,859 1000 USD | 9 |
| 1970s | 580,225 1000 USD | 320,032 1000 USD | 1.09 million 1000 USD | 10 |
| 1980s | 1.05 million 1000 USD | 882,080 1000 USD | 1.13 million 1000 USD | 10 |
| 1990s | 1.11 million 1000 USD | 978,655 1000 USD | 1.26 million 1000 USD | 10 |
| 2000s | 1.78 million 1000 USD | 1.36 million 1000 USD | 2.49 million 1000 USD | 10 |
| 2010s | 1.98 million 1000 USD | 1.58 million 1000 USD | 2.55 million 1000 USD | 10 |
| 2020s | 1.62 million 1000 USD | 1.56 million 1000 USD | 1.65 million 1000 USD | 5 |
Countries ranked near Philippines
- 5 Brazil 4.03 million 1000 USD compare
- 5 United Republic of Tanzania 1.17 million 1000 USD compare
- 6 Ecuador 1.81 million 1000 USD compare
- 6 Viet Nam 848,796 1000 USD compare
- 7 Rwanda 1.67 million 1000 USD compare
- 7 Türkiye 665,931 1000 USD compare
- 9 Angola 1.42 million 1000 USD compare
- 9 Lao People's Democratic Republic 342,823 1000 USD compare
- 10 Colombia 1.26 million 1000 USD compare
- 10 Iran (Islamic Republic of) 81,801 1000 USD compare
- 11 Bolivia (Plurinational State of) 63,387 1000 USD compare
- 11 Costa Rica 1.14 million 1000 USD compare
More agriculture & rural data for Philippines
- Agriculture, forestry, and fishing, value added (current US$), annual -0.2488 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (current US$), per 0.0859 current US$ per US$ of GDP (2025)
- Agriculture, forestry, and fishing, value added (current US$), per 358.34 current US$ per person (2025)
- Rural population, annual growth rate 0.0874 % change on previous year (2025)
- Rural population, per unit of GDP 0.0001 units per US$ of GDP (2025)
- Rural population, per capita 0.4423 units per person (2025)
- Share of GDP from agriculture 8.6% (2025)
- Agriculture as a share of GDP vs. GDP per capita 8.6% (2025)
- Agricultural raw materials exports 1.1% (2024)
- Agricultural raw materials imports 0.6% (2024)
Frequently asked questions
- What is bananas — gross production value in Philippines?
- Bananas — gross production value in Philippines was 1.56 million 1000 USD in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest bananas — gross production value recorded in Philippines?
- The highest recorded value was 2.55 million 1000 USD in 2012.
- What is the lowest bananas — gross production value recorded in Philippines?
- The lowest recorded value was 265,330 1000 USD in 1965.
- How does Philippines rank for bananas — gross production value?
- Philippines ranks 8th out of 81 countries with data for 2024.
- Is bananas — gross production value rising or falling in Philippines?
- Over the last ten years it is down 1.2%. The long-run trend across the full record is volatile.
- Where does this Philippines data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Bananas — Gross Production Value (constant 2014-2016 thousand US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 64 observations, free to reuse under CC BY-NC-SA 3.0 IGO (FAO).
About this data
The domain provides detailed data on the value of agricultural production that is calculated by the agricultural production data and the price data at farm gate. Thus, the value of production measures the agricultural production in monetary terms at the farm gate level.