Oil palm fruit — Gross Production Value in Thailand

Thailand: Oil palm fruit — Gross Production Value was 3.45 million 1000 USD in 2024. ◆ Volatile

Latest (2024)
3.45 million 1000 USD
Change on year
up 1.8%
World rank
4th
of 28 countries
All-time high
3.45 million 1000 USD
in 2024
All-time low
1,020 1000 USD
in 1961
Years of data
64
1961–2024

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

01.0M2.0M3.0M196119922024

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

Analysis

In 2024, oil palm fruit — gross production value in Thailand stood at 3.45 million 1000 USD. That is the highest value across all 64 years on record.

The figure is up 1.8% on the previous year and up 49.2% over ten years.

Over the whole period, oil palm fruit — gross production value in Thailand peaked at 3.45 million 1000 USD in 2024 and was at its lowest, 1,020 1000 USD, in 1961.

Thailand ranks 4th of 28 countries on this measure, in the top quarter.

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

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

Annual values for Oil palm fruit — Gross Production Value (constant 2014-2016 thousand US$) in Thailand, 1961 to 2024.
Year 1000 USD Change
1961 1,020 1000 USD
1962 1,020 1000 USD +0.0%
1963 1,020 1000 USD +0.0%
1964 1,020 1000 USD +0.0%
1965 1,020 1000 USD +0.0%
1966 1,020 1000 USD +0.0%
1967 1,020 1000 USD +0.0%
1968 1,020 1000 USD +0.0%
1969 1,020 1000 USD +0.0%
1970 1,020 1000 USD +0.0%
1971 1,020 1000 USD +0.0%
1972 1,020 1000 USD +0.0%
1973 1,948 1000 USD +91.0%
1974 1,948 1000 USD +0.0%
1975 5,510 1000 USD +182.9%
1976 6,920 1000 USD +25.6%
1977 8,515 1000 USD +23.0%
1978 10,816 1000 USD +27.0%
1979 14,526 1000 USD +34.3%
1980 19,924 1000 USD +37.2%
1981 28,347 1000 USD +42.3%
1982 47,121 1000 USD +66.2%
1983 56,267 1000 USD +19.4%
1984 73,038 1000 USD +29.8%
1985 113,078 1000 USD +54.8%
1986 128,881 1000 USD +14.0%
1987 135,114 1000 USD +4.8%
1988 164,201 1000 USD +21.5%
1989 203,721 1000 USD +24.1%
1990 221,092 1000 USD +8.5%
1991 243,820 1000 USD +10.3%
1992 244,410 1000 USD +0.2%
1993 339,280 1000 USD +38.8%
1994 356,658 1000 USD +5.1%
1995 418,171 1000 USD +17.2%
1996 484,445 1000 USD +15.8%
1997 478,169 1000 USD -1.3%
1998 468,032 1000 USD -2.1%
1999 633,172 1000 USD +35.3%
2000 620,166 1000 USD -2.1%
2001 759,978 1000 USD +22.5%
2002 742,320 1000 USD -2.3%
2003 909,507 1000 USD +22.5%
2004 961,307 1000 USD +5.7%
2005 928,076 1000 USD -3.5%
2006 1.25 million 1000 USD +34.2%
2007 1.19 million 1000 USD -4.8%
2008 1.72 million 1000 USD +45.1%
2009 1.51 million 1000 USD -12.0%
2010 1.53 million 1000 USD +0.8%
2011 2.00 million 1000 USD +30.8%
2012 2.10 million 1000 USD +5.1%
2013 2.31 million 1000 USD +9.9%
2014 2.31 million 1000 USD +0.3%
2015 2.05 million 1000 USD -11.3%
2016 2.12 million 1000 USD +3.3%
2017 2.68 million 1000 USD +26.5%
2018 2.88 million 1000 USD +7.5%
2019 3.04 million 1000 USD +5.6%
2020 3.01 million 1000 USD -1.1%
2021 3.14 million 1000 USD +4.2%
2022 3.45 million 1000 USD +10.0%
2023 3.39 million 1000 USD -1.7%
2024 3.45 million 1000 USD +1.8%

Averages by decade

DecadeAverage LowestHighest Years
1960s 1,020 1000 USD 1,020 1000 USD 1,020 1000 USD 9
1970s 5,324 1000 USD 1,020 1000 USD 14,526 1000 USD 10
1980s 96,969 1000 USD 19,924 1000 USD 203,721 1000 USD 10
1990s 388,725 1000 USD 221,092 1000 USD 633,172 1000 USD 10
2000s 1.06 million 1000 USD 620,166 1000 USD 1.72 million 1000 USD 10
2010s 2.30 million 1000 USD 1.53 million 1000 USD 3.04 million 1000 USD 10
2020s 3.29 million 1000 USD 3.01 million 1000 USD 3.45 million 1000 USD 5

Countries ranked near Thailand

  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. 5 Nigeria 1.06 million 1000 USD compare
  5. 6 Ghana 600,113 1000 USD compare
  6. 7 Cameroon 451,255 1000 USD compare

See the full ranking of 47 places →

More agriculture & rural data for Thailand

All data for Thailand →

Frequently asked questions

What is oil palm fruit — gross production value in Thailand?
Oil palm fruit — gross production value in Thailand was 3.45 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 Thailand?
The highest recorded value was 3.45 million 1000 USD in 2024.
What is the lowest oil palm fruit — gross production value recorded in Thailand?
The lowest recorded value was 1,020 1000 USD in 1961.
How does Thailand rank for oil palm fruit — gross production value?
Thailand ranks 4th out of 28 countries with data for 2024.
Is oil palm fruit — gross production value rising or falling in Thailand?
Over the last ten years it is up 49.2%. The long-run trend across the full record is volatile.
Where does this Thailand 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 Thailand. Statizoid, drawing on Food and Agriculture Organization of the United Nations. Retrieved 30 August 2026, from https://agriculture.statizoid.com/stat/oil-palm-fruit-gross-production-value-constant-2014-2016-thousand-us/thailand/

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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.