Milk, Total — Gross Production Value in Australia and New Zealand

Australia and New Zealand: Milk, Total — Gross Production Value was 10.51 million 1000 USD in 2024. ▲ Rising

Latest (2024)
10.51 million 1000 USD
Change on year
up 1.6%
World rank
8th
of 136 countries
All-time high
10.92 million 1000 USD
in 2015
All-time low
3.85 million 1000 USD
in 1961
Years of data
64
1961–2024

Milk, Total — Gross Production Value in Australia and New Zealand, 1961–2024

02.5M5.0M7.5M10.0M196119922024

Source: Food and Agriculture Organization of the United Nations. Measured in 1000 USD.

Analysis

In 2024, milk, total — gross production value in Australia and New Zealand stood at 10.51 million 1000 USD.

Compared with earlier readings it is up 1.6% on the previous year and down 1.8% over ten years.

Over the whole period, milk, total — gross production value in Australia and New Zealand peaked at 10.92 million 1000 USD in 2015 and was at its lowest, 3.85 million 1000 USD, in 1961.

That places Australia and New Zealand 8th out of 136 countries with data for 2024, putting it in the top 10%.

The long-run direction has been consistently rising across the 64 years of available data.

Milk, Total — Gross Production Value in Australia and New Zealand, year by year

Annual values for Milk, Total — Gross Production Value (constant 2014-2016 thousand US$) in Australia and New Zealand, 1961 to 2024.
Year 1000 USD Change
1961 3.85 million 1000 USD
1962 4.01 million 1000 USD +4.0%
1963 4.08 million 1000 USD +2.0%
1964 4.19 million 1000 USD +2.6%
1965 4.34 million 1000 USD +3.6%
1966 4.49 million 1000 USD +3.5%
1967 4.61 million 1000 USD +2.7%
1968 4.43 million 1000 USD -4.0%
1969 4.58 million 1000 USD +3.4%
1970 4.59 million 1000 USD +0.2%
1971 4.49 million 1000 USD -2.1%
1972 4.54 million 1000 USD +1.0%
1973 4.44 million 1000 USD -2.3%
1974 4.22 million 1000 USD -4.8%
1975 4.30 million 1000 USD +1.8%
1976 4.39 million 1000 USD +2.1%
1977 4.27 million 1000 USD -2.8%
1978 3.97 million 1000 USD -7.0%
1979 4.13 million 1000 USD +4.0%
1980 4.17 million 1000 USD +0.9%
1981 4.11 million 1000 USD -1.3%
1982 4.15 million 1000 USD +1.1%
1983 4.28 million 1000 USD +3.2%
1984 4.67 million 1000 USD +9.0%
1985 4.80 million 1000 USD +2.8%
1986 4.93 million 1000 USD +2.7%
1987 4.63 million 1000 USD -6.1%
1988 4.78 million 1000 USD +3.3%
1989 4.65 million 1000 USD -2.7%
1990 4.74 million 1000 USD +1.8%
1991 4.91 million 1000 USD +3.7%
1992 5.08 million 1000 USD +3.5%
1993 5.62 million 1000 USD +10.6%
1994 6.16 million 1000 USD +9.5%
1995 6.01 million 1000 USD -2.4%
1996 6.43 million 1000 USD +7.1%
1997 6.92 million 1000 USD +7.5%
1998 7.07 million 1000 USD +2.2%
1999 7.12 million 1000 USD +0.7%
2000 7.82 million 1000 USD +9.8%
2001 8.05 million 1000 USD +2.9%
2002 8.54 million 1000 USD +6.2%
2003 8.43 million 1000 USD -1.4%
2004 8.59 million 1000 USD +2.0%
2005 8.47 million 1000 USD -1.5%
2006 8.65 million 1000 USD +2.1%
2007 8.65 million 1000 USD +0.0%
2008 8.40 million 1000 USD -3.0%
2009 8.91 million 1000 USD +6.1%
2010 8.98 million 1000 USD +0.9%
2011 9.13 million 1000 USD +1.6%
2012 9.90 million 1000 USD +8.4%
2013 10.03 million 1000 USD +1.4%
2014 10.71 million 1000 USD +6.8%
2015 10.92 million 1000 USD +1.9%
2016 10.70 million 1000 USD -2.0%
2017 10.60 million 1000 USD -1.0%
2018 10.86 million 1000 USD +2.5%
2019 10.66 million 1000 USD -1.8%
2020 10.77 million 1000 USD +1.0%
2021 10.77 million 1000 USD -0.0%
2022 10.27 million 1000 USD -4.6%
2023 10.35 million 1000 USD +0.7%
2024 10.51 million 1000 USD +1.6%

Averages by decade

DecadeAverage LowestHighest Years
1960s 4.29 million 1000 USD 3.85 million 1000 USD 4.61 million 1000 USD 9
1970s 4.33 million 1000 USD 3.97 million 1000 USD 4.59 million 1000 USD 10
1980s 4.52 million 1000 USD 4.11 million 1000 USD 4.93 million 1000 USD 10
1990s 6.01 million 1000 USD 4.74 million 1000 USD 7.12 million 1000 USD 10
2000s 8.45 million 1000 USD 7.82 million 1000 USD 8.91 million 1000 USD 10
2010s 10.25 million 1000 USD 8.98 million 1000 USD 10.92 million 1000 USD 10
2020s 10.53 million 1000 USD 10.27 million 1000 USD 10.77 million 1000 USD 5

Countries ranked near Australia and New Zealand

  1. 5 Brazil 13.85 million 1000 USD compare
  2. 5 Iran (Islamic Republic of) 3.83 million 1000 USD compare
  3. 6 Russian Federation 12.93 million 1000 USD compare
  4. 6 Viet Nam 2.62 million 1000 USD compare
  5. 7 Germany 12.74 million 1000 USD compare
  6. 7 United Republic of Tanzania 696,956 1000 USD compare
  7. 9 France 10.37 million 1000 USD compare
  8. 10 Bolivia (Plurinational State of) 302,265 1000 USD compare
  9. 10 New Zealand 7.81 million 1000 USD compare
  10. 11 Italy 6.83 million 1000 USD compare
  11. 11 Republic of Moldova 89,062 1000 USD compare

See the full ranking of 178 places →

More agriculture & rural data for Australia and New Zealand

All data for Australia and New Zealand →

Frequently asked questions

What is milk, total — gross production value in Australia and New Zealand?
Milk, total — gross production value in Australia and New Zealand was 10.51 million 1000 USD in 2024, according to Food and Agriculture Organization of the United Nations.
What is the highest milk, total — gross production value recorded in Australia and New Zealand?
The highest recorded value was 10.92 million 1000 USD in 2015.
What is the lowest milk, total — gross production value recorded in Australia and New Zealand?
The lowest recorded value was 3.85 million 1000 USD in 1961.
How does Australia and New Zealand rank for milk, total — gross production value?
Australia and New Zealand ranks 8th out of 136 countries with data for 2024.
Is milk, total — gross production value rising or falling in Australia and New Zealand?
Over the last ten years it is down 1.8%. The long-run trend across the full record is rising.
Where does this Australia and New Zealand data come from?
The figures come from Food and Agriculture Organization of the United Nations, published as part of Milk, Total — Gross Production Value (constant 2014-2016 thousand US$). Statizoid updates them automatically from the source API.

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Milk, Total — Gross Production Value in Australia and New Zealand. Statizoid, drawing on Food and Agriculture Organization of the United Nations. Retrieved 09 September 2026, from https://agriculture.statizoid.com/stat/milk-total-gross-production-value-constant-2014-2016-thousand-us/australia-and-new-zealand/

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About this data

Indicator
Milk, Total — Gross Production Value (constant 2014-2016 thousand US$)
Unit
1000 USD
Source
Food and Agriculture Organization of the United Nations
Licence
CC BY-NC-SA 3.0 IGO (FAO)
Coverage
178 places, 10,332 data points, 1961–2024
Last refreshed

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.