Oil palm fruit — Gross Production Value in Ecuador
Ecuador: Oil palm fruit — Gross Production Value was 464,239 1000 USD in 2024. ◆ Volatile
Oil palm fruit — Gross Production Value in Ecuador, 1991–2024
Source: Food and Agriculture Organization of the United Nations. Measured in 1000 USD.
Analysis
Ecuador recorded 464,239 1000 USD for oil palm fruit — gross production value in 2024.
That represents a change of up 7.1% on the previous year and down 13.0% over ten years.
Over the whole period, oil palm fruit — gross production value in Ecuador peaked at 537,946 1000 USD in 2018 and was at its lowest, 39,399 1000 USD, in 1991.
That places Ecuador 6th out of 28 countries with data for 2024, putting it 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 Ecuador, year by year
| Year | 1000 USD | Change |
|---|---|---|
| 1991 | 39,399 1000 USD | — |
| 1992 | 53,737 1000 USD | +36.4% |
| 1993 | 54,412 1000 USD | +1.3% |
| 1994 | 76,017 1000 USD | +39.7% |
| 1995 | 106,414 1000 USD | +40.0% |
| 1996 | 104,162 1000 USD | -2.1% |
| 1997 | 106,091 1000 USD | +1.9% |
| 1998 | 141,290 1000 USD | +33.2% |
| 1999 | 62,362 1000 USD | -55.9% |
| 2000 | 63,340 1000 USD | +1.6% |
| 2001 | 90,709 1000 USD | +43.2% |
| 2002 | 63,657 1000 USD | -29.8% |
| 2003 | 79,192 1000 USD | +24.4% |
| 2004 | 99,540 1000 USD | +25.7% |
| 2005 | 115,180 1000 USD | +15.7% |
| 2006 | 127,155 1000 USD | +10.4% |
| 2007 | 202,480 1000 USD | +59.2% |
| 2008 | 330,647 1000 USD | +63.3% |
| 2009 | 244,945 1000 USD | -25.9% |
| 2010 | 370,560 1000 USD | +51.3% |
| 2011 | 377,524 1000 USD | +1.9% |
| 2012 | 456,908 1000 USD | +21.0% |
| 2013 | 329,617 1000 USD | -27.9% |
| 2014 | 533,353 1000 USD | +61.8% |
| 2015 | 489,053 1000 USD | -8.3% |
| 2016 | 360,393 1000 USD | -26.3% |
| 2017 | 392,047 1000 USD | +8.8% |
| 2018 | 537,946 1000 USD | +37.2% |
| 2019 | 447,178 1000 USD | -16.9% |
| 2020 | 486,376 1000 USD | +8.8% |
| 2021 | 517,998 1000 USD | +6.5% |
| 2022 | 524,269 1000 USD | +1.2% |
| 2023 | 433,306 1000 USD | -17.4% |
| 2024 | 464,239 1000 USD | +7.1% |
Ecuador compared with similar countries
- Ecuador's 464,239 1000 USD is above the median for upper middle income countries, which is 218,646 1000 USD, 2.1× the median. (14 countries reporting)
- Ecuador's 464,239 1000 USD is above the median for Latin America & Caribbean, which is 196,831 1000 USD, 2.4× the median. (12 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 82,654 1000 USD | 39,399 1000 USD | 141,290 1000 USD | 9 |
| 2000s | 141,684 1000 USD | 63,340 1000 USD | 330,647 1000 USD | 10 |
| 2010s | 429,458 1000 USD | 329,617 1000 USD | 537,946 1000 USD | 10 |
| 2020s | 485,238 1000 USD | 433,306 1000 USD | 524,269 1000 USD | 5 |
Countries ranked near Ecuador
More agriculture & rural data for Ecuador
- Agriculture, forestry, and fishing, value added (current US$), annual 10.59 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (current US$), per 0.097 current US$ per US$ of GDP (2025)
- Agriculture, forestry, and fishing, value added (current US$), per 691.36 current US$ per person (2025)
- Rural population, annual growth rate 0.4287 % change on previous year (2025)
- Rural population, per unit of GDP 0.0001 units per US$ of GDP (2025)
- Rural population, per capita 0.3661 units per person (2025)
- Share of GDP from agriculture 9.7% (2025)
- Agriculture as a share of GDP vs. GDP per capita 9.7% (2025)
- Agricultural raw materials exports 3.9% (2024)
- Agricultural raw materials imports 0.7% (2024)
Frequently asked questions
- What is oil palm fruit — gross production value in Ecuador?
- Oil palm fruit — gross production value in Ecuador was 464,239 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 Ecuador?
- The highest recorded value was 537,946 1000 USD in 2018.
- What is the lowest oil palm fruit — gross production value recorded in Ecuador?
- The lowest recorded value was 39,399 1000 USD in 1991.
- How does Ecuador rank for oil palm fruit — gross production value?
- Ecuador ranks 6th out of 28 countries with data for 2024.
- Is oil palm fruit — gross production value rising or falling in Ecuador?
- Over the last ten years it is down 13.0%. The long-run trend across the full record is volatile.
- Where does this Ecuador 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 (current thousand US$). Statizoid updates them automatically from the source API.
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About this data
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.