Oil palm fruit — Gross Production Value in Malaysia

Malaysia: Oil palm fruit — Gross Production Value was 9.81 million 1000 Int$ in 2024. ◆ Volatile

Latest (2024)
9.81 million 1000 Int$
Change on year
up 5.5%
World rank
2nd
of 41 countries
All-time high
9.96 million 1000 Int$
in 2017
All-time low
48,970 1000 Int$
in 1961
Years of data
64
1961–2024

Oil palm fruit — Gross Production Value in Malaysia, 1961–2024

02.0M4.0M6.0M8.0M10.0M196119922024

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

Analysis

In 2024, oil palm fruit — gross production value in Malaysia stood at 9.81 million 1000 Int$.

That represents a change of up 5.5% on the previous year and up 5.0% over ten years.

Over the whole period, oil palm fruit — gross production value in Malaysia peaked at 9.96 million 1000 Int$ in 2017 and was at its lowest, 48,970 1000 Int$, in 1961.

Malaysia ranks 2nd of 41 countries on this measure, in the top 10%.

The series is highly variable year to year, so single readings are best treated with caution.

Oil palm fruit — Gross Production Value in Malaysia, year by year

Annual values for Oil palm fruit — Gross Production Value (constant 2014-2016 thousand I$) in Malaysia, 1961 to 2024.
Year 1000 Int$ Change
1961 48,970 1000 Int$
1962 55,826 1000 Int$ +14.0%
1963 64,836 1000 Int$ +16.1%
1964 63,367 1000 Int$ -2.3%
1965 77,569 1000 Int$ +22.4%
1966 92,945 1000 Int$ +19.8%
1967 110,574 1000 Int$ +19.0%
1968 138,585 1000 Int$ +25.3%
1969 172,472 1000 Int$ +24.5%
1970 211,061 1000 Int$ +22.4%
1971 284,222 1000 Int$ +34.7%
1972 335,151 1000 Int$ +17.9%
1973 379,028 1000 Int$ +13.1%
1974 487,840 1000 Int$ +28.7%
1975 607,228 1000 Int$ +24.5%
1976 636,611 1000 Int$ +4.8%
1977 734,551 1000 Int$ +15.4%
1978 969,607 1000 Int$ +32.0%
1979 1.05 million 1000 Int$ +8.1%
1980 1.25 million 1000 Int$ +19.6%
1981 1.41 million 1000 Int$ +12.5%
1982 1.75 million 1000 Int$ +24.3%
1983 1.51 million 1000 Int$ -14.0%
1984 1.91 million 1000 Int$ +26.6%
1985 2.10 million 1000 Int$ +9.7%
1986 2.26 million 1000 Int$ +7.9%
1987 2.23 million 1000 Int$ -1.3%
1988 2.48 million 1000 Int$ +11.0%
1989 3.00 million 1000 Int$ +20.9%
1990 3.04 million 1000 Int$ +1.3%
1991 3.09 million 1000 Int$ +1.6%
1992 3.25 million 1000 Int$ +5.4%
1993 3.89 million 1000 Int$ +19.6%
1994 3.80 million 1000 Int$ -2.3%
1995 4.13 million 1000 Int$ +8.8%
1996 4.31 million 1000 Int$ +4.3%
1997 4.67 million 1000 Int$ +8.3%
1998 4.29 million 1000 Int$ -8.0%
1999 5.39 million 1000 Int$ +25.5%
2000 5.54 million 1000 Int$ +2.9%
2001 5.77 million 1000 Int$ +4.2%
2002 5.83 million 1000 Int$ +1.0%
2003 6.54 million 1000 Int$ +12.1%
2004 6.84 million 1000 Int$ +4.7%
2005 7.33 million 1000 Int$ +7.0%
2006 7.78 million 1000 Int$ +6.1%
2007 7.74 million 1000 Int$ -0.5%
2008 8.59 million 1000 Int$ +11.1%
2009 8.39 million 1000 Int$ -2.3%
2010 8.14 million 1000 Int$ -3.1%
2011 9.10 million 1000 Int$ +11.8%
2012 9.30 million 1000 Int$ +2.2%
2013 9.30 million 1000 Int$ +0.0%
2014 9.34 million 1000 Int$ +0.5%
2015 9.63 million 1000 Int$ +3.1%
2016 8.45 million 1000 Int$ -12.2%
2017 9.96 million 1000 Int$ +17.9%
2018 9.64 million 1000 Int$ -3.3%
2019 9.70 million 1000 Int$ +0.7%
2020 9.50 million 1000 Int$ -2.1%
2021 8.95 million 1000 Int$ -5.7%
2022 9.29 million 1000 Int$ +3.7%
2023 9.30 million 1000 Int$ +0.1%
2024 9.81 million 1000 Int$ +5.5%

Averages by decade

DecadeAverage LowestHighest Years
1960s 91,683 1000 Int$ 48,970 1000 Int$ 172,472 1000 Int$ 9
1970s 569,326 1000 Int$ 211,061 1000 Int$ 1.05 million 1000 Int$ 10
1980s 1.99 million 1000 Int$ 1.25 million 1000 Int$ 3.00 million 1000 Int$ 10
1990s 3.99 million 1000 Int$ 3.04 million 1000 Int$ 5.39 million 1000 Int$ 10
2000s 7.04 million 1000 Int$ 5.54 million 1000 Int$ 8.59 million 1000 Int$ 10
2010s 9.26 million 1000 Int$ 8.14 million 1000 Int$ 9.96 million 1000 Int$ 10
2020s 9.37 million 1000 Int$ 8.95 million 1000 Int$ 9.81 million 1000 Int$ 5

Countries ranked near Malaysia

  1. 1 Indonesia 23.80 million 1000 Int$ compare
  2. 3 Thailand 1.82 million 1000 Int$ compare
  3. 4 Nigeria 1.13 million 1000 Int$ compare
  4. 5 Colombia 766,357 1000 Int$ compare

See the full ranking of 64 places →

More agriculture & rural data for Malaysia

All data for Malaysia →

Frequently asked questions

What is oil palm fruit — gross production value in Malaysia?
Oil palm fruit — gross production value in Malaysia was 9.81 million 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 Malaysia?
The highest recorded value was 9.96 million 1000 Int$ in 2017.
What is the lowest oil palm fruit — gross production value recorded in Malaysia?
The lowest recorded value was 48,970 1000 Int$ in 1961.
How does Malaysia rank for oil palm fruit — gross production value?
Malaysia ranks 2nd out of 41 countries with data for 2024.
Is oil palm fruit — gross production value rising or falling in Malaysia?
Over the last ten years it is up 5.0%. The long-run trend across the full record is volatile.
Where does this Malaysia 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 Malaysia. 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/malaysia/

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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.