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

Least Developed Countries (LDCs): Oil palm fruit — Gross Production Value was 363,162 1000 USD in 2024. ▲ Rising

Latest (2024)
363,162 1000 USD
Change on year
up 0.8%
Rank
4th
of 5 groups
All-time high
363,162 1000 USD
in 2024
All-time low
195,841 1000 USD
in 1961
Years of data
64
1961–2024

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

0100.0k200.0k300.0k400.0k196119922024

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

Analysis

Least Developed Countries (LDCs) recorded 363,162 1000 USD 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 0.8% on the previous year and up 6.4% over ten years.

Over the whole period, oil palm fruit — gross production value in Least Developed Countries (LDCs) peaked at 363,162 1000 USD in 2024 and was at its lowest, 195,841 1000 USD, in 1961.

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 US$) in Least Developed Countries (LDCs), 1961 to 2024.
Year 1000 USD Change
1961 195,841 1000 USD
1962 195,841 1000 USD +0.0%
1963 197,365 1000 USD +0.8%
1964 197,365 1000 USD +0.0%
1965 197,591 1000 USD +0.1%
1966 197,591 1000 USD +0.0%
1967 197,591 1000 USD +0.0%
1968 199,526 1000 USD +1.0%
1969 201,461 1000 USD +1.0%
1970 203,009 1000 USD +0.8%
1971 204,146 1000 USD +0.6%
1972 203,323 1000 USD -0.4%
1973 204,783 1000 USD +0.7%
1974 203,316 1000 USD -0.7%
1975 205,081 1000 USD +0.9%
1976 204,730 1000 USD -0.2%
1977 204,771 1000 USD +0.0%
1978 208,902 1000 USD +2.0%
1979 205,782 1000 USD -1.5%
1980 206,764 1000 USD +0.5%
1981 206,749 1000 USD -0.0%
1982 207,235 1000 USD +0.2%
1983 202,664 1000 USD -2.2%
1984 202,664 1000 USD +0.0%
1985 203,656 1000 USD +0.5%
1986 204,527 1000 USD +0.4%
1987 204,866 1000 USD +0.2%
1988 208,051 1000 USD +1.6%
1989 210,574 1000 USD +1.2%
1990 222,909 1000 USD +5.9%
1991 230,765 1000 USD +3.5%
1992 217,054 1000 USD -5.9%
1993 253,350 1000 USD +16.7%
1994 260,338 1000 USD +2.8%
1995 264,015 1000 USD +1.4%
1996 274,304 1000 USD +3.9%
1997 269,887 1000 USD -1.6%
1998 269,403 1000 USD -0.2%
1999 268,927 1000 USD -0.2%
2000 267,951 1000 USD -0.4%
2001 264,565 1000 USD -1.3%
2002 266,016 1000 USD +0.5%
2003 269,887 1000 USD +1.5%
2004 274,724 1000 USD +1.8%
2005 287,303 1000 USD +4.6%
2006 308,854 1000 USD +7.5%
2007 337,920 1000 USD +9.4%
2008 347,543 1000 USD +2.8%
2009 342,694 1000 USD -1.4%
2010 336,878 1000 USD -1.7%
2011 323,322 1000 USD -4.0%
2012 325,269 1000 USD +0.6%
2013 331,888 1000 USD +2.0%
2014 341,172 1000 USD +2.8%
2015 343,588 1000 USD +0.7%
2016 343,138 1000 USD -0.1%
2017 344,745 1000 USD +0.5%
2018 346,502 1000 USD +0.5%
2019 347,033 1000 USD +0.2%
2020 353,486 1000 USD +1.9%
2021 357,225 1000 USD +1.1%
2022 359,833 1000 USD +0.7%
2023 360,105 1000 USD +0.1%
2024 363,162 1000 USD +0.8%

Averages by decade

DecadeAverage LowestHighest Years
1960s 197,797 1000 USD 195,841 1000 USD 201,461 1000 USD 9
1970s 204,784 1000 USD 203,009 1000 USD 208,902 1000 USD 10
1980s 205,775 1000 USD 202,664 1000 USD 210,574 1000 USD 10
1990s 253,095 1000 USD 217,054 1000 USD 274,304 1000 USD 10
2000s 296,746 1000 USD 264,565 1000 USD 347,543 1000 USD 10
2010s 338,354 1000 USD 323,322 1000 USD 347,033 1000 USD 10
2020s 358,762 1000 USD 353,486 1000 USD 363,162 1000 USD 5

Countries ranked near Least Developed Countries (LDCs)

  1. 1 Indonesia 27.19 million 1000 USD compare
  2. 2 Malaysia 14.00 million 1000 USD compare
  3. 3 Colombia 4.08 million 1000 USD compare
  4. 4 Thailand 3.45 million 1000 USD compare
  5. 5 Nigeria 1.06 million 1000 USD compare
  6. 6 Ghana 600,113 1000 USD compare
  7. 7 Cameroon 451,255 1000 USD compare

See the full ranking of 47 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 363,162 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 Least Developed Countries (LDCs)?
The highest recorded value was 363,162 1000 USD in 2024.
What is the lowest oil palm fruit — gross production value recorded in Least Developed Countries (LDCs)?
The lowest recorded value was 195,841 1000 USD in 1961.
How does Least Developed Countries (LDCs) rank for oil palm fruit — gross production value?
Least Developed Countries (LDCs) ranks 4th out of 5 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 6.4%. 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 US$). 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 29 August 2026, from https://agriculture.statizoid.com/stat/oil-palm-fruit-gross-production-value-constant-2014-2016-thousand-us/least-developed-countries-ldcs/

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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.