Milk, Total — Gross Production Value in World

World: Milk, Total — Gross Production Value was 412.69 million 1000 USD in 2024. ▲ Rising

Latest (2024)
412.69 million 1000 USD
Change on year
up 1.3%
Rank
1st
of 10 groups
All-time high
412.69 million 1000 USD
in 2024
All-time low
116.00 million 1000 USD
in 1961
Years of data
64
1961–2024

Milk, Total — Gross Production Value in World, 1961–2024

100.0M200.0M300.0M400.0M196119922024

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

Analysis

In 2024, milk, total — gross production value in World stood at 412.69 million 1000 USD. That is the highest value across all 64 years on record.

The figure is up 1.3% on the previous year and up 15.4% over ten years.

Over the whole period, milk, total — gross production value in World peaked at 412.69 million 1000 USD in 2024 and was at its lowest, 116.00 million 1000 USD, in 1961.

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

Averages by decade

DecadeAverage LowestHighest Years
1960s 120.76 million 1000 USD 116.00 million 1000 USD 126.95 million 1000 USD 9
1970s 137.15 million 1000 USD 126.73 million 1000 USD 150.02 million 1000 USD 10
1980s 166.40 million 1000 USD 153.44 million 1000 USD 176.55 million 1000 USD 10
1990s 225.17 million 1000 USD 179.67 million 1000 USD 249.37 million 1000 USD 10
2000s 284.96 million 1000 USD 255.06 million 1000 USD 321.68 million 1000 USD 10
2010s 349.02 million 1000 USD 330.66 million 1000 USD 373.96 million 1000 USD 10
2020s 400.14 million 1000 USD 385.10 million 1000 USD 412.69 million 1000 USD 5

Countries ranked near World

  1. 1 India 117.57 million 1000 USD compare
  2. 2 China, People's Republic of 24.84 million 1000 USD compare
  3. 3 China, mainland 24.84 million 1000 USD compare
  4. 4 Pakistan 24.29 million 1000 USD compare

See the full ranking of 178 places →

More agriculture & rural data for World

All data for World →

Frequently asked questions

What is milk, total — gross production value in World?
Milk, total — gross production value in World was 412.69 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 World?
The highest recorded value was 412.69 million 1000 USD in 2024.
What is the lowest milk, total — gross production value recorded in World?
The lowest recorded value was 116.00 million 1000 USD in 1961.
How does World rank for milk, total — gross production value?
World ranks 1st out of 10 groups with data for 2024.
Is milk, total — gross production value rising or falling in World?
Over the last ten years it is up 15.4%. The long-run trend across the full record is rising.
Where does this World 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 World. Statizoid, drawing on Food and Agriculture Organization of the United Nations. Retrieved 19 August 2026, from https://agriculture.statizoid.com/stat/milk-total-gross-production-value-constant-2014-2016-thousand-us/world/

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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.