Oil palm fruit — Gross Production Value in Least Developed Countries (LDCs)

Least Developed Countries (LDCs): Oil palm fruit — Gross Production Value was 562,070 1000 Int$ in 2024. ▲ Rising

Latest (2024)
562,070 1000 Int$
Change on year
down 2.0%
Rank
3rd
of 8 groups
All-time high
573,763 1000 Int$
in 2023
All-time low
275,809 1000 Int$
in 1965
Years of data
64
1961–2024

Oil palm fruit — Gross Production Value in Least Developed Countries (LDCs), 1961–2024

0200.0k400.0k600.0k196119922024

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

Analysis

In 2024, oil palm fruit — gross production value in Least Developed Countries (LDCs) stood at 562,070 1000 Int$.

The figure is down 2.0% on the previous year and up 17.9% over ten years.

Over the whole period, oil palm fruit — gross production value in Least Developed Countries (LDCs) peaked at 573,763 1000 Int$ in 2023 and was at its lowest, 275,809 1000 Int$, in 1965.

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

Oil palm fruit — Gross Production Value in Least Developed Countries (LDCs), year by year

Annual values for Oil palm fruit — Gross Production Value (constant 2014-2016 thousand I$) in Least Developed Countries (LDCs), 1961 to 2024.
Year 1000 Int$ Change
1961 337,942 1000 Int$
1962 335,496 1000 Int$ -0.7%
1963 321,459 1000 Int$ -4.2%
1964 309,589 1000 Int$ -3.7%
1965 275,809 1000 Int$ -10.9%
1966 280,118 1000 Int$ +1.6%
1967 299,564 1000 Int$ +6.9%
1968 330,788 1000 Int$ +10.4%
1969 336,832 1000 Int$ +1.8%
1970 327,022 1000 Int$ -2.9%
1971 329,461 1000 Int$ +0.7%
1972 319,613 1000 Int$ -3.0%
1973 309,422 1000 Int$ -3.2%
1974 311,041 1000 Int$ +0.5%
1975 311,606 1000 Int$ +0.2%
1976 306,371 1000 Int$ -1.7%
1977 303,667 1000 Int$ -0.9%
1978 305,437 1000 Int$ +0.6%
1979 300,432 1000 Int$ -1.6%
1980 298,998 1000 Int$ -0.5%
1981 302,436 1000 Int$ +1.1%
1982 300,110 1000 Int$ -0.8%
1983 293,195 1000 Int$ -2.3%
1984 299,179 1000 Int$ +2.0%
1985 293,551 1000 Int$ -1.9%
1986 286,448 1000 Int$ -2.4%
1987 278,534 1000 Int$ -2.8%
1988 287,944 1000 Int$ +3.4%
1989 287,329 1000 Int$ -0.2%
1990 290,036 1000 Int$ +0.9%
1991 301,268 1000 Int$ +3.9%
1992 299,119 1000 Int$ -0.7%
1993 312,968 1000 Int$ +4.6%
1994 316,152 1000 Int$ +1.0%
1995 325,367 1000 Int$ +2.9%
1996 332,213 1000 Int$ +2.1%
1997 339,596 1000 Int$ +2.2%
1998 349,570 1000 Int$ +2.9%
1999 342,197 1000 Int$ -2.1%
2000 346,893 1000 Int$ +1.4%
2001 344,854 1000 Int$ -0.6%
2002 342,868 1000 Int$ -0.6%
2003 349,284 1000 Int$ +1.9%
2004 352,611 1000 Int$ +1.0%
2005 357,011 1000 Int$ +1.2%
2006 361,924 1000 Int$ +1.4%
2007 368,120 1000 Int$ +1.7%
2008 371,180 1000 Int$ +0.8%
2009 387,003 1000 Int$ +4.3%
2010 393,469 1000 Int$ +1.7%
2011 394,423 1000 Int$ +0.2%
2012 434,644 1000 Int$ +10.2%
2013 466,225 1000 Int$ +7.3%
2014 476,801 1000 Int$ +2.3%
2015 491,762 1000 Int$ +3.1%
2016 496,974 1000 Int$ +1.1%
2017 509,305 1000 Int$ +2.5%
2018 524,206 1000 Int$ +2.9%
2019 542,781 1000 Int$ +3.5%
2020 543,375 1000 Int$ +0.1%
2021 562,146 1000 Int$ +3.5%
2022 569,312 1000 Int$ +1.3%
2023 573,763 1000 Int$ +0.8%
2024 562,070 1000 Int$ -2.0%

Averages by decade

DecadeAverage LowestHighest Years
1960s 314,177 1000 Int$ 275,809 1000 Int$ 337,942 1000 Int$ 9
1970s 312,407 1000 Int$ 300,432 1000 Int$ 329,461 1000 Int$ 10
1980s 292,772 1000 Int$ 278,534 1000 Int$ 302,436 1000 Int$ 10
1990s 320,849 1000 Int$ 290,036 1000 Int$ 349,570 1000 Int$ 10
2000s 358,175 1000 Int$ 342,868 1000 Int$ 387,003 1000 Int$ 10
2010s 473,059 1000 Int$ 393,469 1000 Int$ 542,781 1000 Int$ 10
2020s 562,133 1000 Int$ 543,375 1000 Int$ 573,763 1000 Int$ 5

Countries ranked near Least Developed Countries (LDCs)

  1. 1 Indonesia 23.80 million 1000 Int$ compare
  2. 2 Malaysia 9.81 million 1000 Int$ compare
  3. 3 Thailand 1.82 million 1000 Int$ compare
  4. 4 Nigeria 1.13 million 1000 Int$ compare
  5. 5 Colombia 766,357 1000 Int$ compare
  6. 6 Democratic Republic of the Congo 191,298 1000 Int$ compare
  7. 6 Guatemala 408,908 1000 Int$ compare

See the full ranking of 64 places →

More agriculture & rural data for Least Developed Countries (LDCs)

All data for Least Developed Countries (LDCs) →

Frequently asked questions

What is oil palm fruit — gross production value in Least Developed Countries (LDCs)?
Oil palm fruit — gross production value in Least Developed Countries (LDCs) was 562,070 1000 Int$ in 2024, according to Food and Agriculture Organization of the United Nations.
What is the highest oil palm fruit — gross production value recorded in Least Developed Countries (LDCs)?
The highest recorded value was 573,763 1000 Int$ in 2023.
What is the lowest oil palm fruit — gross production value recorded in Least Developed Countries (LDCs)?
The lowest recorded value was 275,809 1000 Int$ in 1965.
How does Least Developed Countries (LDCs) rank for oil palm fruit — gross production value?
Least Developed Countries (LDCs) ranks 3rd out of 8 groups with data for 2024.
Is oil palm fruit — gross production value rising or falling in Least Developed Countries (LDCs)?
Over the last ten years it is up 17.9%. The long-run trend across the full record is rising.
Where does this Least Developed Countries (LDCs) data come from?
The figures come from Food and Agriculture Organization of the United Nations, published as part of Oil palm fruit — Gross Production Value (constant 2014-2016 thousand I$). Statizoid updates them automatically from the source API.

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Oil palm fruit — Gross Production Value in Least Developed Countries (LDCs). Statizoid, drawing on Food and Agriculture Organization of the United Nations. Retrieved 30 August 2026, from https://agriculture.statizoid.com/stat/oil-palm-fruit-gross-production-value-constant-2014-2016-thousand-i/least-developed-countries-ldcs/

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About this data

Indicator
Oil palm fruit — Gross Production Value (constant 2014-2016 thousand I$)
Unit
1000 Int$
Source
Food and Agriculture Organization of the United Nations
Licence
CC BY-NC-SA 3.0 IGO (FAO)
Coverage
64 places, 3,864 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.