Oil palm fruit — Gross Production Value in Malaysia

Malaysia: Oil palm fruit — Gross Production Value was 14.00 million 1000 USD in 2024. ◆ Volatile

Latest (2024)
14.00 million 1000 USD
Change on year
up 5.5%
World rank
2nd
of 28 countries
All-time high
14.22 million 1000 USD
in 2017
All-time low
69,882 1000 USD
in 1961
Years of data
64
1961–2024

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

05.0M10.0M15.0M196119922024

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 Malaysia is 14.00 million 1000 USD, measured in 2024.

That represents a change of up 5.5% on the previous year and up 5.0% over ten years.

Over the whole period, oil palm fruit — gross production value in Malaysia peaked at 14.22 million 1000 USD in 2017 and was at its lowest, 69,882 1000 USD, in 1961.

That places Malaysia 2nd out of 28 countries with data for 2024, putting it in the top 10%.

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

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

Annual values for Oil palm fruit — Gross Production Value (constant 2014-2016 thousand US$) in Malaysia, 1961 to 2024.
Year 1000 USD Change
1961 69,882 1000 USD
1962 79,666 1000 USD +14.0%
1963 92,524 1000 USD +16.1%
1964 90,428 1000 USD -2.3%
1965 110,694 1000 USD +22.4%
1966 132,637 1000 USD +19.8%
1967 157,795 1000 USD +19.0%
1968 197,767 1000 USD +25.3%
1969 246,126 1000 USD +24.5%
1970 301,193 1000 USD +22.4%
1971 405,598 1000 USD +34.7%
1972 478,275 1000 USD +17.9%
1973 540,890 1000 USD +13.1%
1974 696,169 1000 USD +28.7%
1975 866,542 1000 USD +24.5%
1976 908,472 1000 USD +4.8%
1977 1.05 million 1000 USD +15.4%
1978 1.38 million 1000 USD +32.0%
1979 1.50 million 1000 USD +8.1%
1980 1.79 million 1000 USD +19.6%
1981 2.01 million 1000 USD +12.5%
1982 2.50 million 1000 USD +24.3%
1983 2.15 million 1000 USD -14.0%
1984 2.73 million 1000 USD +26.6%
1985 2.99 million 1000 USD +9.7%
1986 3.23 million 1000 USD +7.9%
1987 3.19 million 1000 USD -1.3%
1988 3.54 million 1000 USD +11.0%
1989 4.28 million 1000 USD +20.9%
1990 4.33 million 1000 USD +1.3%
1991 4.40 million 1000 USD +1.6%
1992 4.64 million 1000 USD +5.4%
1993 5.55 million 1000 USD +19.6%
1994 5.42 million 1000 USD -2.3%
1995 5.90 million 1000 USD +8.8%
1996 6.15 million 1000 USD +4.3%
1997 6.66 million 1000 USD +8.3%
1998 6.13 million 1000 USD -8.0%
1999 7.69 million 1000 USD +25.5%
2000 7.91 million 1000 USD +2.9%
2001 8.24 million 1000 USD +4.2%
2002 8.32 million 1000 USD +1.0%
2003 9.33 million 1000 USD +12.1%
2004 9.77 million 1000 USD +4.7%
2005 10.45 million 1000 USD +7.0%
2006 11.10 million 1000 USD +6.1%
2007 11.04 million 1000 USD -0.5%
2008 12.26 million 1000 USD +11.1%
2009 11.98 million 1000 USD -2.3%
2010 11.61 million 1000 USD -3.1%
2011 12.99 million 1000 USD +11.8%
2012 13.27 million 1000 USD +2.2%
2013 13.27 million 1000 USD +0.0%
2014 13.33 million 1000 USD +0.5%
2015 13.74 million 1000 USD +3.1%
2016 12.07 million 1000 USD -12.2%
2017 14.22 million 1000 USD +17.9%
2018 13.76 million 1000 USD -3.3%
2019 13.85 million 1000 USD +0.7%
2020 13.55 million 1000 USD -2.1%
2021 12.77 million 1000 USD -5.8%
2022 13.25 million 1000 USD +3.7%
2023 13.27 million 1000 USD +0.1%
2024 14.00 million 1000 USD +5.5%

Averages by decade

DecadeAverage LowestHighest Years
1960s 130,835 1000 USD 69,882 1000 USD 246,126 1000 USD 9
1970s 812,453 1000 USD 301,193 1000 USD 1.50 million 1000 USD 10
1980s 2.84 million 1000 USD 1.79 million 1000 USD 4.28 million 1000 USD 10
1990s 5.69 million 1000 USD 4.33 million 1000 USD 7.69 million 1000 USD 10
2000s 10.04 million 1000 USD 7.91 million 1000 USD 12.26 million 1000 USD 10
2010s 13.21 million 1000 USD 11.61 million 1000 USD 14.22 million 1000 USD 10
2020s 13.37 million 1000 USD 12.77 million 1000 USD 14.00 million 1000 USD 5

Countries ranked near Malaysia

  1. 1 Indonesia 27.19 million 1000 USD compare
  2. 3 Colombia 4.08 million 1000 USD compare
  3. 4 Thailand 3.45 million 1000 USD compare
  4. 5 Nigeria 1.06 million 1000 USD compare

See the full ranking of 47 places →

More agriculture & rural data for Malaysia

All data for Malaysia →

Frequently asked questions

What is oil palm fruit — gross production value in Malaysia?
Oil palm fruit — gross production value in Malaysia was 14.00 million 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 Malaysia?
The highest recorded value was 14.22 million 1000 USD in 2017.
What is the lowest oil palm fruit — gross production value recorded in Malaysia?
The lowest recorded value was 69,882 1000 USD in 1961.
How does Malaysia rank for oil palm fruit — gross production value?
Malaysia ranks 2nd out of 28 countries with data for 2024.
Is oil palm fruit — gross production value rising or falling in Malaysia?
Over the last ten years it is up 5.0%. The long-run trend across the full record is volatile.
Where does this Malaysia 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 Malaysia. Statizoid, drawing on Food and Agriculture Organization of the United Nations. Retrieved 28 August 2026, from https://agriculture.statizoid.com/stat/oil-palm-fruit-gross-production-value-constant-2014-2016-thousand-us/malaysia/

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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.