Oil palm fruit — Gross Production Value in Philippines

Philippines: Oil palm fruit — Gross Production Value was 43,684 1000 USD in 2024. ◆ Volatile

Latest (2024)
43,684 1000 USD
Change on year
down 3.5%
World rank
20th
of 28 countries
All-time high
47,339 1000 USD
in 2010
All-time low
84 1000 USD
in 1961
Years of data
64
1961–2024

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

010.0k20.0k30.0k40.0k50.0k196119922024

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

Analysis

Philippines recorded 43,684 1000 USD for oil palm fruit — gross production value in 2024.

The figure is down 3.5% on the previous year and up 19.3% over ten years.

Over the whole period, oil palm fruit — gross production value in Philippines peaked at 47,339 1000 USD in 2010 and was at its lowest, 84 1000 USD, in 1961.

Philippines ranks 20th of 28 countries on this measure, 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 Philippines, year by year

Annual values for Oil palm fruit — Gross Production Value (constant 2014-2016 thousand US$) in Philippines, 1961 to 2024.
Year 1000 USD Change
1961 84 1000 USD
1962 84 1000 USD +0.0%
1963 84 1000 USD +0.0%
1964 84 1000 USD +0.0%
1965 84 1000 USD +0.0%
1966 167 1000 USD +98.8%
1967 167 1000 USD +0.0%
1968 167 1000 USD +0.0%
1969 335 1000 USD +100.6%
1970 645 1000 USD +92.5%
1971 804 1000 USD +24.7%
1972 1,591 1000 USD +97.9%
1973 2,260 1000 USD +42.0%
1974 2,260 1000 USD +0.0%
1975 3,181 1000 USD +40.8%
1976 3,516 1000 USD +10.5%
1977 3,516 1000 USD +0.0%
1978 3,181 1000 USD -9.5%
1979 3,516 1000 USD +10.5%
1980 3,663 1000 USD +4.2%
1981 3,734 1000 USD +1.9%
1982 8,790 1000 USD +135.4%
1983 6,279 1000 USD -28.6%
1984 10,046 1000 USD +60.0%
1985 10,473 1000 USD +4.3%
1986 11,386 1000 USD +8.7%
1987 11,637 1000 USD +2.2%
1988 12,809 1000 USD +10.1%
1989 12,558 1000 USD -2.0%
1990 13,479 1000 USD +7.3%
1991 15,488 1000 USD +14.9%
1992 16,158 1000 USD +4.3%
1993 16,325 1000 USD +1.0%
1994 16,241 1000 USD -0.5%
1995 15,823 1000 USD -2.6%
1996 15,572 1000 USD -1.6%
1997 15,572 1000 USD +0.0%
1998 15,572 1000 USD +0.0%
1999 16,660 1000 USD +7.0%
2000 20,511 1000 USD +23.1%
2001 24,111 1000 USD +17.6%
2002 28,295 1000 USD +17.4%
2003 29,729 1000 USD +5.1%
2004 29,793 1000 USD +0.2%
2005 29,704 1000 USD -0.3%
2006 31,263 1000 USD +5.2%
2007 34,673 1000 USD +10.9%
2008 39,012 1000 USD +12.5%
2009 43,208 1000 USD +10.8%
2010 47,339 1000 USD +9.6%
2011 45,284 1000 USD -4.3%
2012 44,479 1000 USD -1.8%
2013 39,633 1000 USD -10.9%
2014 36,622 1000 USD -7.6%
2015 36,208 1000 USD -1.1%
2016 36,796 1000 USD +1.6%
2017 39,749 1000 USD +8.0%
2018 41,898 1000 USD +5.4%
2019 41,801 1000 USD -0.2%
2020 41,278 1000 USD -1.3%
2021 43,773 1000 USD +6.0%
2022 44,655 1000 USD +2.0%
2023 45,262 1000 USD +1.4%
2024 43,684 1000 USD -3.5%

Averages by decade

DecadeAverage LowestHighest Years
1960s 139.56 1000 USD 84 1000 USD 335 1000 USD 9
1970s 2,447 1000 USD 645 1000 USD 3,516 1000 USD 10
1980s 9,138 1000 USD 3,663 1000 USD 12,809 1000 USD 10
1990s 15,689 1000 USD 13,479 1000 USD 16,660 1000 USD 10
2000s 31,030 1000 USD 20,511 1000 USD 43,208 1000 USD 10
2010s 40,981 1000 USD 36,208 1000 USD 47,339 1000 USD 10
2020s 43,730 1000 USD 41,278 1000 USD 45,262 1000 USD 5

Countries ranked near Philippines

  1. 17 Panama 97,888 1000 USD compare
  2. 18 Burundi 85,558 1000 USD compare
  3. 19 Nicaragua 53,773 1000 USD compare
  4. 21 Dominican Republic 36,855 1000 USD compare
  5. 22 Congo 34,123 1000 USD compare
  6. 23 Togo 24,232 1000 USD compare

See the full ranking of 47 places →

More agriculture & rural data for Philippines

All data for Philippines →

Frequently asked questions

What is oil palm fruit — gross production value in Philippines?
Oil palm fruit — gross production value in Philippines was 43,684 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 Philippines?
The highest recorded value was 47,339 1000 USD in 2010.
What is the lowest oil palm fruit — gross production value recorded in Philippines?
The lowest recorded value was 84 1000 USD in 1961.
How does Philippines rank for oil palm fruit — gross production value?
Philippines ranks 20th out of 28 countries with data for 2024.
Is oil palm fruit — gross production value rising or falling in Philippines?
Over the last ten years it is up 19.3%. The long-run trend across the full record is volatile.
Where does this Philippines 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 Philippines. Statizoid, drawing on Food and Agriculture Organization of the United Nations. Retrieved 25 August 2026, from https://agriculture.statizoid.com/stat/oil-palm-fruit-gross-production-value-constant-2014-2016-thousand-us/philippines/

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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.