Oil palm fruit — Gross Production Value in Madagascar

Madagascar: Oil palm fruit — Gross Production Value was 119 1000 USD in 2024. ◆ Volatile

Latest (2024)
119 1000 USD
Change on year
down 0.8%
World rank
28th
of 28 countries
All-time high
735 1000 USD
in 1991
All-time low
119 1000 USD
in 2024
Years of data
34
1991–2024

Oil palm fruit — Gross Production Value in Madagascar, 1991–2024

2004006008001991200720241991: 735 1000 USD1992: 653 1000 USD1993: 684 1000 USD1994: 451 1000 USD1995: 372 1000 USD1996: 403 1000 USD1997: 275 1000 USD1998: 202 1000 USD1999: 210 1000 USD2000: 292 1000 USD2001: 282 1000 USD2002: 275 1000 USD2003: 334 1000 USD2004: 231 1000 USD2005: 203 1000 USD2006: 190 1000 USD2007: 221 1000 USD2008: 248 1000 USD2009: 221 1000 USD2010: 211 1000 USD2011: 221 1000 USD2012: 215 1000 USD2013: 210 1000 USD2014: 192 1000 USD2015: 162 1000 USD2016: 152 1000 USD2017: 158 1000 USD2018: 149 1000 USD2019: 139 1000 USD2020: 134 1000 USD2021: 135 1000 USD2022: 128 1000 USD2023: 120 1000 USD2024: 119 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 Madagascar is 119 1000 USD, measured in 2024. That is the lowest value across all 34 years on record.

That represents a change of down 0.8% on the previous year and down 38.0% over ten years.

Over the whole period, oil palm fruit — gross production value in Madagascar peaked at 735 1000 USD in 1991 and was at its lowest, 119 1000 USD, in 2024.

That places Madagascar 28th out of 28 countries with data for 2024, putting it in the bottom quarter.

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

Averages by decade

DecadeAverage LowestHighest Years
1990s 442.78 1000 USD 202 1000 USD 735 1000 USD 9
2000s 249.7 1000 USD 190 1000 USD 334 1000 USD 10
2010s 180.9 1000 USD 139 1000 USD 221 1000 USD 10
2020s 127.2 1000 USD 119 1000 USD 135 1000 USD 5

Countries ranked near Madagascar

  1. 25 Paraguay 1,775 1000 USD compare
  2. 26 Suriname 1,514 1000 USD compare
  3. 27 Gambia 1,507 1000 USD compare

See the full ranking of 47 places →

More agriculture & rural data for Madagascar

All data for Madagascar →

Frequently asked questions

What is oil palm fruit — gross production value in Madagascar?
Oil palm fruit — gross production value in Madagascar was 119 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 Madagascar?
The highest recorded value was 735 1000 USD in 1991.
What is the lowest oil palm fruit — gross production value recorded in Madagascar?
The lowest recorded value was 119 1000 USD in 2024.
How does Madagascar rank for oil palm fruit — gross production value?
Madagascar ranks 28th out of 28 countries with data for 2024.
Is oil palm fruit — gross production value rising or falling in Madagascar?
Over the last ten years it is down 38.0%. The long-run trend across the full record is volatile.
Where does this Madagascar 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 Madagascar. Statizoid, drawing on Food and Agriculture Organization of the United Nations. Retrieved 20 August 2026, from https://agriculture.statizoid.com/stat/oil-palm-fruit-gross-production-value-current-thousand-us/madagascar/

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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.