Oil palm fruit — Gross Production Value in World

World: Oil palm fruit — Gross Production Value was 53.31 million 1000 USD in 2024. ◆ Volatile

Latest (2024)
53.31 million 1000 USD
Change on year
up 1.8%
Rank
1st
of 14 groups
All-time high
53.31 million 1000 USD
in 2024
All-time low
1.27 million 1000 USD
in 1962
Years of data
64
1961–2024

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

020.0M40.0M60.0M196119922024

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 World is 53.31 million 1000 USD, measured in 2024. That is the highest value across all 64 years on record.

The figure is up 1.8% on the previous year and up 31.3% over ten years.

Over the whole period, oil palm fruit — gross production value in World peaked at 53.31 million 1000 USD in 2024 and was at its lowest, 1.27 million 1000 USD, in 1962.

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

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

Annual values for Oil palm fruit — Gross Production Value (constant 2014-2016 thousand US$) in World, 1961 to 2024.
Year 1000 USD Change
1961 1.30 million 1000 USD
1962 1.27 million 1000 USD -2.1%
1963 1.34 million 1000 USD +5.0%
1964 1.35 million 1000 USD +0.9%
1965 1.41 million 1000 USD +4.7%
1966 1.41 million 1000 USD -0.5%
1967 1.40 million 1000 USD -0.4%
1968 1.51 million 1000 USD +8.0%
1969 1.60 million 1000 USD +5.6%
1970 1.68 million 1000 USD +5.4%
1971 1.85 million 1000 USD +9.8%
1972 1.95 million 1000 USD +5.4%
1973 2.06 million 1000 USD +5.9%
1974 2.35 million 1000 USD +14.0%
1975 2.55 million 1000 USD +8.4%
1976 2.58 million 1000 USD +1.4%
1977 2.72 million 1000 USD +5.2%
1978 3.13 million 1000 USD +15.1%
1979 3.46 million 1000 USD +10.4%
1980 3.80 million 1000 USD +10.0%
1981 4.00 million 1000 USD +5.3%
1982 4.66 million 1000 USD +16.4%
1983 4.38 million 1000 USD -6.1%
1984 5.28 million 1000 USD +20.7%
1985 5.72 million 1000 USD +8.4%
1986 6.20 million 1000 USD +8.3%
1987 6.36 million 1000 USD +2.6%
1988 7.12 million 1000 USD +12.1%
1989 7.97 million 1000 USD +11.9%
1990 8.26 million 1000 USD +3.6%
1991 8.76 million 1000 USD +6.1%
1992 9.45 million 1000 USD +7.8%
1993 11.17 million 1000 USD +18.2%
1994 11.61 million 1000 USD +4.0%
1995 12.69 million 1000 USD +9.2%
1996 13.74 million 1000 USD +8.3%
1997 14.84 million 1000 USD +8.0%
1998 14.82 million 1000 USD -0.2%
1999 17.05 million 1000 USD +15.1%
2000 17.95 million 1000 USD +5.3%
2001 18.95 million 1000 USD +5.6%
2002 19.50 million 1000 USD +2.9%
2003 21.21 million 1000 USD +8.8%
2004 23.35 million 1000 USD +10.1%
2005 25.12 million 1000 USD +7.6%
2006 27.38 million 1000 USD +9.0%
2007 27.10 million 1000 USD -1.0%
2008 29.98 million 1000 USD +10.6%
2009 30.05 million 1000 USD +0.3%
2010 32.71 million 1000 USD +8.9%
2011 35.73 million 1000 USD +9.2%
2012 37.75 million 1000 USD +5.7%
2013 39.29 million 1000 USD +4.1%
2014 40.61 million 1000 USD +3.4%
2015 40.42 million 1000 USD -0.5%
2016 38.82 million 1000 USD -4.0%
2017 46.53 million 1000 USD +19.9%
2018 48.03 million 1000 USD +3.2%
2019 49.63 million 1000 USD +3.3%
2020 50.01 million 1000 USD +0.8%
2021 52.63 million 1000 USD +5.2%
2022 52.01 million 1000 USD -1.2%
2023 52.35 million 1000 USD +0.7%
2024 53.31 million 1000 USD +1.8%

Averages by decade

DecadeAverage LowestHighest Years
1960s 1.40 million 1000 USD 1.27 million 1000 USD 1.60 million 1000 USD 9
1970s 2.43 million 1000 USD 1.68 million 1000 USD 3.46 million 1000 USD 10
1980s 5.55 million 1000 USD 3.80 million 1000 USD 7.97 million 1000 USD 10
1990s 12.24 million 1000 USD 8.26 million 1000 USD 17.05 million 1000 USD 10
2000s 24.06 million 1000 USD 17.95 million 1000 USD 30.05 million 1000 USD 10
2010s 40.95 million 1000 USD 32.71 million 1000 USD 49.63 million 1000 USD 10
2020s 52.06 million 1000 USD 50.01 million 1000 USD 53.31 million 1000 USD 5

Countries ranked near World

  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

See the full ranking of 47 places →

More agriculture & rural data for World

All data for World →

Frequently asked questions

What is oil palm fruit — gross production value in World?
Oil palm fruit — gross production value in World was 53.31 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 World?
The highest recorded value was 53.31 million 1000 USD in 2024.
What is the lowest oil palm fruit — gross production value recorded in World?
The lowest recorded value was 1.27 million 1000 USD in 1962.
How does World rank for oil palm fruit — gross production value?
World ranks 1st out of 14 groups with data for 2024.
Is oil palm fruit — gross production value rising or falling in World?
Over the last ten years it is up 31.3%. The long-run trend across the full record is volatile.
Where does this World 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 World. 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/world/

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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.