Oil palm fruit — Gross Production Value in World

World: Oil palm fruit — Gross Production Value was 40.95 million 1000 Int$ in 2024. ◆ Volatile

Latest (2024)
40.95 million 1000 Int$
Change on year
up 2.1%
Rank
1st
of 15 groups
All-time high
40.95 million 1000 Int$
in 2024
All-time low
1.29 million 1000 Int$
in 1967
Years of data
64
1961–2024

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

010.0M20.0M30.0M40.0M196119922024

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

Analysis

World recorded 40.95 million 1000 Int$ for oil palm fruit — gross production value in 2024. That is the highest value across all 64 years on record.

Compared with earlier readings it is up 2.1% on the previous year and up 41.3% over ten years.

Over the whole period, oil palm fruit — gross production value in World peaked at 40.95 million 1000 Int$ in 2024 and was at its lowest, 1.29 million 1000 Int$, in 1967.

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

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

Annual values for Oil palm fruit — Gross Production Value (constant 2014-2016 thousand I$) in World, 1961 to 2024.
Year 1000 Int$ Change
1961 1.34 million 1000 Int$
1962 1.30 million 1000 Int$ -2.9%
1963 1.33 million 1000 Int$ +2.5%
1964 1.33 million 1000 Int$ +0.1%
1965 1.35 million 1000 Int$ +1.5%
1966 1.34 million 1000 Int$ -0.7%
1967 1.29 million 1000 Int$ -4.0%
1968 1.38 million 1000 Int$ +7.1%
1969 1.45 million 1000 Int$ +4.9%
1970 1.48 million 1000 Int$ +2.4%
1971 1.60 million 1000 Int$ +7.9%
1972 1.63 million 1000 Int$ +2.2%
1973 1.70 million 1000 Int$ +3.9%
1974 1.91 million 1000 Int$ +12.6%
1975 2.05 million 1000 Int$ +7.6%
1976 2.08 million 1000 Int$ +1.3%
1977 2.18 million 1000 Int$ +4.8%
1978 2.43 million 1000 Int$ +11.3%
1979 2.68 million 1000 Int$ +10.2%
1980 2.92 million 1000 Int$ +9.3%
1981 3.04 million 1000 Int$ +3.8%
1982 3.50 million 1000 Int$ +15.3%
1983 3.26 million 1000 Int$ -6.9%
1984 3.96 million 1000 Int$ +21.3%
1985 4.23 million 1000 Int$ +7.0%
1986 4.60 million 1000 Int$ +8.5%
1987 4.71 million 1000 Int$ +2.5%
1988 5.19 million 1000 Int$ +10.1%
1989 5.76 million 1000 Int$ +11.1%
1990 5.96 million 1000 Int$ +3.5%
1991 6.19 million 1000 Int$ +3.8%
1992 6.59 million 1000 Int$ +6.4%
1993 7.75 million 1000 Int$ +17.5%
1994 8.00 million 1000 Int$ +3.2%
1995 8.67 million 1000 Int$ +8.4%
1996 9.16 million 1000 Int$ +5.6%
1997 9.73 million 1000 Int$ +6.3%
1998 9.71 million 1000 Int$ -0.2%
1999 11.24 million 1000 Int$ +15.7%
2000 11.83 million 1000 Int$ +5.3%
2001 12.66 million 1000 Int$ +7.0%
2002 13.25 million 1000 Int$ +4.6%
2003 14.72 million 1000 Int$ +11.1%
2004 16.00 million 1000 Int$ +8.7%
2005 17.48 million 1000 Int$ +9.2%
2006 19.24 million 1000 Int$ +10.1%
2007 18.97 million 1000 Int$ -1.4%
2008 20.91 million 1000 Int$ +10.2%
2009 21.20 million 1000 Int$ +1.4%
2010 23.21 million 1000 Int$ +9.5%
2011 25.07 million 1000 Int$ +8.0%
2012 26.97 million 1000 Int$ +7.6%
2013 28.04 million 1000 Int$ +4.0%
2014 28.99 million 1000 Int$ +3.4%
2015 30.37 million 1000 Int$ +4.8%
2016 29.51 million 1000 Int$ -2.8%
2017 34.90 million 1000 Int$ +18.2%
2018 36.10 million 1000 Int$ +3.5%
2019 37.45 million 1000 Int$ +3.7%
2020 38.35 million 1000 Int$ +2.4%
2021 40.58 million 1000 Int$ +5.8%
2022 39.94 million 1000 Int$ -1.6%
2023 40.10 million 1000 Int$ +0.4%
2024 40.95 million 1000 Int$ +2.1%

Averages by decade

DecadeAverage LowestHighest Years
1960s 1.34 million 1000 Int$ 1.29 million 1000 Int$ 1.45 million 1000 Int$ 9
1970s 1.97 million 1000 Int$ 1.48 million 1000 Int$ 2.68 million 1000 Int$ 10
1980s 4.12 million 1000 Int$ 2.92 million 1000 Int$ 5.76 million 1000 Int$ 10
1990s 8.30 million 1000 Int$ 5.96 million 1000 Int$ 11.24 million 1000 Int$ 10
2000s 16.63 million 1000 Int$ 11.83 million 1000 Int$ 21.20 million 1000 Int$ 10
2010s 30.06 million 1000 Int$ 23.21 million 1000 Int$ 37.45 million 1000 Int$ 10
2020s 39.98 million 1000 Int$ 38.35 million 1000 Int$ 40.95 million 1000 Int$ 5

Countries ranked near World

  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

See the full ranking of 64 places →

More agriculture & rural data for World

All data for World →

Frequently asked questions

What is oil palm fruit — gross production value in World?
Oil palm fruit — gross production value in World was 40.95 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 World?
The highest recorded value was 40.95 million 1000 Int$ in 2024.
What is the lowest oil palm fruit — gross production value recorded in World?
The lowest recorded value was 1.29 million 1000 Int$ in 1967.
How does World rank for oil palm fruit — gross production value?
World ranks 1st out of 15 groups with data for 2024.
Is oil palm fruit — gross production value rising or falling in World?
Over the last ten years it is up 41.3%. The long-run trend across the full record is volatile.
Where does this World 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 World. Statizoid, drawing on Food and Agriculture Organization of the United Nations. Retrieved 27 August 2026, from https://agriculture.statizoid.com/stat/oil-palm-fruit-gross-production-value-constant-2014-2016-thousand-i/world/

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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.