Oil palm fruit — Gross Production Value in Caribbean

Caribbean: Oil palm fruit — Gross Production Value was 36,855 1000 USD in 2024. ▲ Rising

Latest (2024)
36,855 1000 USD
Change on year
up 4.0%
Rank
14th
of 14 groups
All-time high
36,855 1000 USD
in 2024
All-time low
1,603 1000 USD
in 1989
Years of data
36
1989–2024

Oil palm fruit — Gross Production Value in Caribbean, 1989–2024

010.0k20.0k30.0k40.0k1989200620241989: 1.6k 1000 USD1990: 5.3k 1000 USD1991: 7.5k 1000 USD1992: 9.6k 1000 USD1993: 12.3k 1000 USD1994: 13.7k 1000 USD1995: 14.5k 1000 USD1996: 14.1k 1000 USD1997: 13.9k 1000 USD1998: 18.3k 1000 USD1999: 19.5k 1000 USD2000: 21.0k 1000 USD2001: 22.5k 1000 USD2002: 23.9k 1000 USD2003: 25.4k 1000 USD2004: 26.8k 1000 USD2005: 28.3k 1000 USD2006: 29.8k 1000 USD2007: 31.2k 1000 USD2008: 32.7k 1000 USD2009: 34.2k 1000 USD2010: 25.2k 1000 USD2011: 27.6k 1000 USD2012: 28.0k 1000 USD2013: 28.0k 1000 USD2014: 28.1k 1000 USD2015: 28.6k 1000 USD2016: 27.0k 1000 USD2017: 26.9k 1000 USD2018: 28.3k 1000 USD2019: 29.7k 1000 USD2020: 31.1k 1000 USD2021: 32.6k 1000 USD2022: 34.0k 1000 USD2023: 35.4k 1000 USD2024: 36.9k 1000 USD

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

Analysis

Caribbean recorded 36,855 1000 USD for oil palm fruit — gross production value in 2024. That is the highest value across all 36 years on record.

Compared with earlier readings it is up 4.0% on the previous year and up 31.2% over ten years.

Over the whole period, oil palm fruit — gross production value in Caribbean peaked at 36,855 1000 USD in 2024 and was at its lowest, 1,603 1000 USD, in 1989.

The long-run direction has been consistently rising across the 36 years of available data.

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

Annual values for Oil palm fruit — Gross Production Value (constant 2014-2016 thousand US$) in Caribbean, 1989 to 2024.
Year 1000 USD Change
1989 1,603 1000 USD
1990 5,342 1000 USD +233.3%
1991 7,479 1000 USD +40.0%
1992 9,616 1000 USD +28.6%
1993 12,288 1000 USD +27.8%
1994 13,677 1000 USD +11.3%
1995 14,531 1000 USD +6.2%
1996 14,113 1000 USD -2.9%
1997 13,902 1000 USD -1.5%
1998 18,316 1000 USD +31.8%
1999 19,525 1000 USD +6.6%
2000 20,990 1000 USD +7.5%
2001 22,454 1000 USD +7.0%
2002 23,919 1000 USD +6.5%
2003 25,384 1000 USD +6.1%
2004 26,849 1000 USD +5.8%
2005 28,313 1000 USD +5.5%
2006 29,778 1000 USD +5.2%
2007 31,243 1000 USD +4.9%
2008 32,708 1000 USD +4.7%
2009 34,172 1000 USD +4.5%
2010 25,216 1000 USD -26.2%
2011 27,620 1000 USD +9.5%
2012 27,994 1000 USD +1.4%
2013 27,994 1000 USD +0.0%
2014 28,101 1000 USD +0.4%
2015 28,635 1000 USD +1.9%
2016 26,985 1000 USD -5.8%
2017 26,855 1000 USD -0.5%
2018 28,283 1000 USD +5.3%
2019 29,716 1000 USD +5.1%
2020 31,128 1000 USD +4.8%
2021 32,587 1000 USD +4.7%
2022 34,015 1000 USD +4.4%
2023 35,431 1000 USD +4.2%
2024 36,855 1000 USD +4.0%

Averages by decade

DecadeAverage LowestHighest Years
1980s 1,603 1000 USD 1,603 1000 USD 1,603 1000 USD 1
1990s 12,879 1000 USD 5,342 1000 USD 19,525 1000 USD 10
2000s 27,581 1000 USD 20,990 1000 USD 34,172 1000 USD 10
2010s 27,740 1000 USD 25,216 1000 USD 29,716 1000 USD 10
2020s 34,003 1000 USD 31,128 1000 USD 36,855 1000 USD 5

Countries ranked near Caribbean

  1. 11 Brazil 241,139 1000 USD compare
  2. 12 China 197,265 1000 USD compare
  3. 12 China, mainland 197,265 1000 USD compare
  4. 14 Peru 179,052 1000 USD compare
  5. 15 Costa Rica 173,923 1000 USD compare
  6. 16 Mexico 128,967 1000 USD compare
  7. 17 Panama 97,888 1000 USD compare

See the full ranking of 47 places →

More agriculture & rural data for Caribbean

All data for Caribbean →

Frequently asked questions

What is oil palm fruit — gross production value in Caribbean?
Oil palm fruit — gross production value in Caribbean was 36,855 1000 USD in 2024, according to Food and Agriculture Organization of the United Nations.
What is the highest oil palm fruit — gross production value recorded in Caribbean?
The highest recorded value was 36,855 1000 USD in 2024.
What is the lowest oil palm fruit — gross production value recorded in Caribbean?
The lowest recorded value was 1,603 1000 USD in 1989.
How does Caribbean rank for oil palm fruit — gross production value?
Caribbean ranks 14th out of 14 groups with data for 2024.
Is oil palm fruit — gross production value rising or falling in Caribbean?
Over the last ten years it is up 31.2%. The long-run trend across the full record is rising.
Where does this Caribbean 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 US$). Statizoid updates them automatically from the source API.

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Oil palm fruit — Gross Production Value in Caribbean. 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-us/caribbean/

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About this data

Indicator
Oil palm fruit — 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
47 places, 2,821 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.