Oil palm fruit — Gross Production Value in Ecuador

Ecuador: Oil palm fruit — Gross Production Value was 341,442 1000 USD in 2024. ◆ Volatile

Latest (2024)
341,442 1000 USD
Change on year
up 29.4%
World rank
8th
of 28 countries
All-time high
537,616 1000 USD
in 2015
All-time low
11,588 1000 USD
in 1974
Years of data
64
1961–2024

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

0200.0k400.0k600.0k196119922024

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

Analysis

The most recent figure for oil palm fruit — gross production value in Ecuador is 341,442 1000 USD, measured in 2024.

That represents a change of up 29.4% on the previous year and down 23.5% over ten years.

Over the whole period, oil palm fruit — gross production value in Ecuador peaked at 537,616 1000 USD in 2015 and was at its lowest, 11,588 1000 USD, in 1974.

That places Ecuador 8th out of 28 countries with data for 2024, putting it in the middle of the range.

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

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

Annual values for Oil palm fruit — Gross Production Value (constant 2014-2016 thousand US$) in Ecuador, 1961 to 2024.
Year 1000 USD Change
1961 21,501 1000 USD
1962 23,561 1000 USD +9.6%
1963 23,561 1000 USD +0.0%
1964 24,978 1000 USD +6.0%
1965 29,226 1000 USD +17.0%
1966 26,523 1000 USD -9.2%
1967 32,188 1000 USD +21.4%
1968 38,625 1000 USD +20.0%
1969 25,750 1000 USD -33.3%
1970 19,313 1000 USD -25.0%
1971 27,810 1000 USD +44.0%
1972 25,750 1000 USD -7.4%
1973 21,373 1000 USD -17.0%
1974 11,588 1000 USD -45.8%
1975 12,168 1000 USD +5.0%
1976 14,367 1000 USD +18.1%
1977 16,068 1000 USD +11.8%
1978 20,870 1000 USD +29.9%
1979 21,207 1000 USD +1.6%
1980 31,535 1000 USD +48.7%
1981 38,625 1000 USD +22.5%
1982 39,821 1000 USD +3.1%
1983 45,606 1000 USD +14.5%
1984 47,956 1000 USD +5.2%
1985 58,954 1000 USD +22.9%
1986 84,684 1000 USD +43.6%
1987 88,536 1000 USD +4.5%
1988 86,796 1000 USD -2.0%
1989 116,283 1000 USD +34.0%
1990 107,596 1000 USD -7.5%
1991 69,778 1000 USD -35.1%
1992 116,141 1000 USD +66.4%
1993 121,956 1000 USD +5.0%
1994 139,256 1000 USD +14.2%
1995 128,702 1000 USD -7.6%
1996 142,105 1000 USD +10.4%
1997 147,603 1000 USD +3.9%
1998 193,514 1000 USD +31.1%
1999 122,588 1000 USD -36.7%
2000 172,448 1000 USD +40.7%
2001 183,340 1000 USD +6.3%
2002 117,084 1000 USD -36.1%
2003 127,610 1000 USD +9.0%
2004 157,248 1000 USD +23.2%
2005 200,128 1000 USD +27.3%
2006 215,410 1000 USD +7.6%
2007 232,970 1000 USD +8.2%
2008 283,805 1000 USD +21.8%
2009 286,697 1000 USD +1.0%
2010 366,997 1000 USD +28.0%
2011 270,035 1000 USD -26.4%
2012 341,065 1000 USD +26.3%
2013 298,293 1000 USD -12.5%
2014 446,571 1000 USD +49.7%
2015 537,616 1000 USD +20.4%
2016 402,224 1000 USD -25.2%
2017 421,784 1000 USD +4.9%
2018 358,666 1000 USD -15.0%
2019 293,028 1000 USD -18.3%
2020 314,963 1000 USD +7.5%
2021 311,428 1000 USD -1.1%
2022 295,662 1000 USD -5.1%
2023 263,899 1000 USD -10.7%
2024 341,442 1000 USD +29.4%

Averages by decade

DecadeAverage LowestHighest Years
1960s 27,324 1000 USD 21,501 1000 USD 38,625 1000 USD 9
1970s 19,051 1000 USD 11,588 1000 USD 27,810 1000 USD 10
1980s 63,880 1000 USD 31,535 1000 USD 116,283 1000 USD 10
1990s 128,924 1000 USD 69,778 1000 USD 193,514 1000 USD 10
2000s 197,674 1000 USD 117,084 1000 USD 286,697 1000 USD 10
2010s 373,628 1000 USD 270,035 1000 USD 537,616 1000 USD 10
2020s 305,479 1000 USD 263,899 1000 USD 341,442 1000 USD 5

Countries ranked near Ecuador

  1. 5 Nigeria 1.06 million 1000 USD compare
  2. 6 Ghana 600,113 1000 USD compare
  3. 7 Cameroon 451,255 1000 USD compare
  4. 9 Honduras 302,371 1000 USD compare
  5. 10 Guinea 251,622 1000 USD compare
  6. 11 Brazil 241,139 1000 USD compare

See the full ranking of 47 places →

More agriculture & rural data for Ecuador

All data for Ecuador →

Frequently asked questions

What is oil palm fruit — gross production value in Ecuador?
Oil palm fruit — gross production value in Ecuador was 341,442 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 Ecuador?
The highest recorded value was 537,616 1000 USD in 2015.
What is the lowest oil palm fruit — gross production value recorded in Ecuador?
The lowest recorded value was 11,588 1000 USD in 1974.
How does Ecuador rank for oil palm fruit — gross production value?
Ecuador ranks 8th out of 28 countries with data for 2024.
Is oil palm fruit — gross production value rising or falling in Ecuador?
Over the last ten years it is down 23.5%. The long-run trend across the full record is volatile.
Where does this Ecuador 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 Ecuador. Statizoid, drawing on Food and Agriculture Organization of the United Nations. Retrieved 26 August 2026, from https://agriculture.statizoid.com/stat/oil-palm-fruit-gross-production-value-constant-2014-2016-thousand-us/ecuador/

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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.