Bananas — Gross Production Value in Philippines
Philippines: Bananas — Gross Production Value was 2.35 million 1000 USD in 2024. ◆ Volatile
Bananas — Gross Production Value in Philippines, 1991–2024
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 2.35 million 1000 USD, measured in 2024. That is the highest value across all 34 years on record.
The figure is up 7.5% on the previous year and up 52.4% over ten years.
Over the whole period, bananas — gross production value in Philippines peaked at 2.35 million 1000 USD in 2024 and was at its lowest, 402,500 1000 USD, in 1991.
Philippines ranks 7th of 82 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 |
|---|---|---|
| 1991 | 402,500 1000 USD | — |
| 1992 | 429,132 1000 USD | +6.6% |
| 1993 | 429,821 1000 USD | +0.2% |
| 1994 | 561,873 1000 USD | +30.7% |
| 1995 | 589,365 1000 USD | +4.9% |
| 1996 | 665,036 1000 USD | +12.8% |
| 1997 | 637,878 1000 USD | -4.1% |
| 1998 | 411,744 1000 USD | -35.5% |
| 1999 | 591,954 1000 USD | +43.8% |
| 2000 | 447,588 1000 USD | -24.4% |
| 2001 | 416,961 1000 USD | -6.8% |
| 2002 | 470,971 1000 USD | +13.0% |
| 2003 | 502,196 1000 USD | +6.6% |
| 2004 | 598,397 1000 USD | +19.2% |
| 2005 | 749,240 1000 USD | +25.2% |
| 2006 | 822,933 1000 USD | +9.8% |
| 2007 | 1.08 million 1000 USD | +31.4% |
| 2008 | 1.41 million 1000 USD | +30.5% |
| 2009 | 1.64 million 1000 USD | +16.5% |
| 2010 | 1.99 million 1000 USD | +21.0% |
| 2011 | 1.95 million 1000 USD | -1.8% |
| 2012 | 2.11 million 1000 USD | +7.8% |
| 2013 | 2.21 million 1000 USD | +5.2% |
| 2014 | 1.54 million 1000 USD | -30.3% |
| 2015 | 1.58 million 1000 USD | +2.1% |
| 2016 | 1.69 million 1000 USD | +7.1% |
| 2017 | 1.61 million 1000 USD | -4.4% |
| 2018 | 1.68 million 1000 USD | +4.3% |
| 2019 | 1.65 million 1000 USD | -1.9% |
| 2020 | 1.79 million 1000 USD | +8.4% |
| 2021 | 1.78 million 1000 USD | -0.4% |
| 2022 | 2.02 million 1000 USD | +13.2% |
| 2023 | 2.19 million 1000 USD | +8.5% |
| 2024 | 2.35 million 1000 USD | +7.5% |
Philippines compared with similar countries
- Philippines's 2.35 million 1000 USD is above the median for upper middle income countries, which is 46,775 1000 USD, 50.3× the median. (27 countries reporting)
- Philippines's 2.35 million 1000 USD is above the median for East Asia & Pacific, which is 196,750 1000 USD, 12.0× the median. (13 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 524,367 1000 USD | 402,500 1000 USD | 665,036 1000 USD | 9 |
| 2000s | 814,585 1000 USD | 416,961 1000 USD | 1.64 million 1000 USD | 10 |
| 2010s | 1.80 million 1000 USD | 1.54 million 1000 USD | 2.21 million 1000 USD | 10 |
| 2020s | 2.02 million 1000 USD | 1.78 million 1000 USD | 2.35 million 1000 USD | 5 |
Countries ranked near Philippines
- 4 Indonesia 4.65 million 1000 USD compare
- 5 Brazil 2.98 million 1000 USD compare
- 5 Viet Nam 803,214 1000 USD compare
- 6 Ecuador 2.41 million 1000 USD compare
- 6 Venezuela (Bolivarian Republic of) 788,483 1000 USD compare
- 7 Türkiye 777,355 1000 USD compare
- 8 Colombia 1.77 million 1000 USD compare
- 9 Egypt 1.06 million 1000 USD compare
- 9 Iran (Islamic Republic of) 144,439 1000 USD compare
- 10 Lao People's Democratic Republic 130,199 1000 USD compare
- 10 Rwanda 993,611 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 2.35 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 2.35 million 1000 USD in 2024.
- What is the lowest bananas — gross production value recorded in Philippines?
- The lowest recorded value was 402,500 1000 USD in 1991.
- How does Philippines rank for bananas — gross production value?
- Philippines ranks 7th out of 82 countries with data for 2024.
- Is bananas — gross production value rising or falling in Philippines?
- Over the last ten years it is up 52.4%. 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 (current thousand US$). Statizoid updates them automatically from the source API.
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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.