Oil palm fruit — Gross Production Value in Madagascar

Madagascar: Oil palm fruit — Gross Production Value was 168 1000 USD in 2024. ◆ Volatile

Latest (2024)
168 1000 USD
Change on year
down 0.6%
World rank
28th
of 28 countries
All-time high
1,079 1000 USD
in 1990
All-time low
105 1000 USD
in 1973
Years of data
52
1973–2024

Oil palm fruit — Gross Production Value in Madagascar, 1973–2024

2004006008001.0k197319982024

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

Analysis

In 2024, oil palm fruit — gross production value in Madagascar stood at 168 1000 USD.

Compared with earlier readings it is down 0.6% on the previous year and unchanged over ten years.

Over the whole period, oil palm fruit — gross production value in Madagascar peaked at 1,079 1000 USD in 1990 and was at its lowest, 105 1000 USD, in 1973.

Madagascar ranks 28th of 28 countries on this measure, in the bottom quarter.

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

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

Annual values for Oil palm fruit — Gross Production Value (constant 2014-2016 thousand US$) in Madagascar, 1973 to 2024.
Year 1000 USD Change
1973 105 1000 USD
1974 227 1000 USD +116.2%
1975 662 1000 USD +191.6%
1976 254 1000 USD -61.6%
1977 561 1000 USD +120.9%
1978 564 1000 USD +0.5%
1979 564 1000 USD +0.0%
1980 603 1000 USD +6.9%
1981 588 1000 USD -2.5%
1982 735 1000 USD +25.0%
1983 735 1000 USD +0.0%
1984 735 1000 USD +0.0%
1985 760 1000 USD +3.4%
1986 784 1000 USD +3.2%
1987 833 1000 USD +6.2%
1988 907 1000 USD +8.9%
1989 981 1000 USD +8.2%
1990 1,079 1000 USD +10.0%
1991 181 1000 USD -83.2%
1992 189 1000 USD +4.4%
1993 197 1000 USD +4.2%
1994 173 1000 USD -12.2%
1995 173 1000 USD +0.0%
1996 161 1000 USD -6.9%
1997 169 1000 USD +5.0%
1998 169 1000 USD +0.0%
1999 177 1000 USD +4.7%
2000 169 1000 USD -4.5%
2001 169 1000 USD +0.0%
2002 169 1000 USD +0.0%
2003 169 1000 USD +0.0%
2004 169 1000 USD +0.0%
2005 169 1000 USD +0.0%
2006 169 1000 USD +0.0%
2007 169 1000 USD +0.0%
2008 169 1000 USD +0.0%
2009 169 1000 USD +0.0%
2010 170 1000 USD +0.6%
2011 170 1000 USD +0.0%
2012 177 1000 USD +4.1%
2013 170 1000 USD -4.0%
2014 168 1000 USD -1.2%
2015 169 1000 USD +0.6%
2016 170 1000 USD +0.6%
2017 170 1000 USD +0.0%
2018 169 1000 USD -0.6%
2019 168 1000 USD -0.6%
2020 168 1000 USD +0.0%
2021 168 1000 USD +0.0%
2022 169 1000 USD +0.6%
2023 169 1000 USD +0.0%
2024 168 1000 USD -0.6%

Averages by decade

DecadeAverage LowestHighest Years
1970s 419.57 1000 USD 105 1000 USD 662 1000 USD 7
1980s 766.1 1000 USD 588 1000 USD 981 1000 USD 10
1990s 266.8 1000 USD 161 1000 USD 1,079 1000 USD 10
2000s 169 1000 USD 169 1000 USD 169 1000 USD 10
2010s 170.1 1000 USD 168 1000 USD 177 1000 USD 10
2020s 168.4 1000 USD 168 1000 USD 169 1000 USD 5

Countries ranked near Madagascar

  1. 25 Paraguay 2,489 1000 USD compare
  2. 26 Gambia 1,582 1000 USD compare
  3. 27 Suriname 1,074 1000 USD compare

See the full ranking of 47 places →

More agriculture & rural data for Madagascar

All data for Madagascar →

Frequently asked questions

What is oil palm fruit — gross production value in Madagascar?
Oil palm fruit — gross production value in Madagascar was 168 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 Madagascar?
The highest recorded value was 1,079 1000 USD in 1990.
What is the lowest oil palm fruit — gross production value recorded in Madagascar?
The lowest recorded value was 105 1000 USD in 1973.
How does Madagascar rank for oil palm fruit — gross production value?
Madagascar ranks 28th out of 28 countries with data for 2024.
Is oil palm fruit — gross production value rising or falling in Madagascar?
Over the last ten years it is unchanged. The long-run trend across the full record is volatile.
Where does this Madagascar 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 Madagascar. 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/madagascar/

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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.