Oil palm fruit — Gross Production Value in Least Developed Countries (LDCs)

Least Developed Countries (LDCs): Oil palm fruit — Gross Production Value was 352,655 1000 USD in 2024. ▼ Falling

Latest (2024)
352,655 1000 USD
Change on year
down 0.5%
Rank
4th
of 5 regions
All-time high
791,227 1000 USD
in 1991
All-time low
225,172 1000 USD
in 2002
Years of data
34
1991–2024

Oil palm fruit — Gross Production Value in Least Developed Countries (LDCs), 1991–2024

200.0k400.0k600.0k800.0k1991200720241991: 791.2k 1000 USD1992: 585.6k 1000 USD1993: 668.1k 1000 USD1994: 774.5k 1000 USD1995: 744.2k 1000 USD1996: 719.3k 1000 USD1997: 701.1k 1000 USD1998: 593.4k 1000 USD1999: 487.1k 1000 USD2000: 323.1k 1000 USD2001: 269.6k 1000 USD2002: 225.2k 1000 USD2003: 349.1k 1000 USD2004: 438.6k 1000 USD2005: 323.4k 1000 USD2006: 356.1k 1000 USD2007: 527.9k 1000 USD2008: 545.8k 1000 USD2009: 561.2k 1000 USD2010: 508.0k 1000 USD2011: 447.9k 1000 USD2012: 367.3k 1000 USD2013: 353.4k 1000 USD2014: 362.2k 1000 USD2015: 350.9k 1000 USD2016: 314.6k 1000 USD2017: 319.8k 1000 USD2018: 356.3k 1000 USD2019: 348.4k 1000 USD2020: 349.5k 1000 USD2021: 336.0k 1000 USD2022: 359.0k 1000 USD2023: 354.5k 1000 USD2024: 352.7k 1000 USD

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 Least Developed Countries (LDCs) is 352,655 1000 USD, measured in 2024.

Compared with earlier readings it is down 0.5% on the previous year and down 2.6% over ten years.

Over the whole period, oil palm fruit — gross production value in Least Developed Countries (LDCs) peaked at 791,227 1000 USD in 1991 and was at its lowest, 225,172 1000 USD, in 2002.

The long-run direction has been consistently falling across the 34 years of available data.

Oil palm fruit — Gross Production Value in Least Developed Countries (LDCs), year by year

Annual values for Oil palm fruit — Gross Production Value (current thousand US$) in Least Developed Countries (LDCs), 1991 to 2024.
Year 1000 USD Change
1991 791,227 1000 USD
1992 585,572 1000 USD -26.0%
1993 668,110 1000 USD +14.1%
1994 774,508 1000 USD +15.9%
1995 744,181 1000 USD -3.9%
1996 719,255 1000 USD -3.3%
1997 701,058 1000 USD -2.5%
1998 593,433 1000 USD -15.4%
1999 487,098 1000 USD -17.9%
2000 323,101 1000 USD -33.7%
2001 269,554 1000 USD -16.6%
2002 225,172 1000 USD -16.5%
2003 349,067 1000 USD +55.0%
2004 438,555 1000 USD +25.6%
2005 323,401 1000 USD -26.3%
2006 356,140 1000 USD +10.1%
2007 527,935 1000 USD +48.2%
2008 545,798 1000 USD +3.4%
2009 561,154 1000 USD +2.8%
2010 508,009 1000 USD -9.5%
2011 447,927 1000 USD -11.8%
2012 367,287 1000 USD -18.0%
2013 353,411 1000 USD -3.8%
2014 362,224 1000 USD +2.5%
2015 350,889 1000 USD -3.1%
2016 314,614 1000 USD -10.3%
2017 319,829 1000 USD +1.7%
2018 356,311 1000 USD +11.4%
2019 348,428 1000 USD -2.2%
2020 349,512 1000 USD +0.3%
2021 336,043 1000 USD -3.9%
2022 358,965 1000 USD +6.8%
2023 354,459 1000 USD -1.3%
2024 352,655 1000 USD -0.5%

Averages by decade

DecadeAverage LowestHighest Years
1990s 673,827 1000 USD 487,098 1000 USD 791,227 1000 USD 9
2000s 391,988 1000 USD 225,172 1000 USD 561,154 1000 USD 10
2010s 372,893 1000 USD 314,614 1000 USD 508,009 1000 USD 10
2020s 350,327 1000 USD 336,043 1000 USD 358,965 1000 USD 5

Countries ranked near Least Developed Countries (LDCs)

  1. 1 Indonesia 32.26 million 1000 USD compare
  2. 2 Malaysia 19.15 million 1000 USD compare
  3. 3 Colombia 7.76 million 1000 USD compare
  4. 4 Thailand 2.99 million 1000 USD compare
  5. 5 Ghana 844,399 1000 USD compare
  6. 6 Ecuador 464,239 1000 USD compare
  7. 7 Cameroon 453,172 1000 USD compare

See the full ranking of 47 places →

More agriculture & rural data for Least Developed Countries (LDCs)

All data for Least Developed Countries (LDCs) →

Frequently asked questions

What is oil palm fruit — gross production value in Least Developed Countries (LDCs)?
Oil palm fruit — gross production value in Least Developed Countries (LDCs) was 352,655 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 Least Developed Countries (LDCs)?
The highest recorded value was 791,227 1000 USD in 1991.
What is the lowest oil palm fruit — gross production value recorded in Least Developed Countries (LDCs)?
The lowest recorded value was 225,172 1000 USD in 2002.
How does Least Developed Countries (LDCs) rank for oil palm fruit — gross production value?
Least Developed Countries (LDCs) ranks 4th out of 5 regions with data for 2024.
Is oil palm fruit — gross production value rising or falling in Least Developed Countries (LDCs)?
Over the last ten years it is down 2.6%. The long-run trend across the full record is falling.
Where does this Least Developed Countries (LDCs) 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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Oil palm fruit — Gross Production Value in Least Developed Countries (LDCs). Statizoid, drawing on Food and Agriculture Organization of the United Nations. Retrieved 24 August 2026, from https://agriculture.statizoid.com/stat/oil-palm-fruit-gross-production-value-current-thousand-us/least-developed-countries-ldcs/

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About this data

Indicator
Oil palm fruit — Gross Production Value (current 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, 1,581 data points, 1991–2024
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.