Oil palm fruit — Gross Production Value in Malaysia

Malaysia: Oil palm fruit — Gross Production Value was 19.15 million 1000 USD in 2024. ◆ Volatile

Latest (2024)
19.15 million 1000 USD
Change on year
up 18.2%
World rank
2nd
of 28 countries
All-time high
23.42 million 1000 USD
in 2022
All-time low
731,117 1000 USD
in 1991
Years of data
34
1991–2024

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

05.0M10.0M15.0M20.0M25.0M1991200720241991: 731.1k 1000 USD1992: 951.4k 1000 USD1993: 1.2M 1000 USD1994: 1.7M 1000 USD1995: 2.2M 1000 USD1996: 1.9M 1000 USD1997: 2.1M 1000 USD1998: 2.4M 1000 USD1999: 1.9M 1000 USD2000: 1.3M 1000 USD2001: 1.3M 1000 USD2002: 2.1M 1000 USD2003: 2.7M 1000 USD2004: 3.2M 1000 USD2005: 2.9M 1000 USD2006: 4.8M 1000 USD2007: 6.7M 1000 USD2008: 9.6M 1000 USD2009: 10.7M 1000 USD2010: 15.1M 1000 USD2011: 22.1M 1000 USD2012: 18.9M 1000 USD2013: 14.6M 1000 USD2014: 15.1M 1000 USD2015: 11.6M 1000 USD2016: 12.4M 1000 USD2017: 14.3M 1000 USD2018: 11.4M 1000 USD2019: 10.1M 1000 USD2020: 12.9M 1000 USD2021: 21.1M 1000 USD2022: 23.4M 1000 USD2023: 16.2M 1000 USD2024: 19.2M 1000 USD

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

Analysis

Malaysia recorded 19.15 million 1000 USD for oil palm fruit — gross production value in 2024.

Compared with earlier readings it is up 18.2% on the previous year and up 26.6% over ten years.

Over the whole period, oil palm fruit — gross production value in Malaysia peaked at 23.42 million 1000 USD in 2022 and was at its lowest, 731,117 1000 USD, in 1991.

Malaysia ranks 2nd of 28 countries on this measure, in the top 10%.

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

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

Annual values for Oil palm fruit — Gross Production Value (current thousand US$) in Malaysia, 1991 to 2024.
Year 1000 USD Change
1991 731,117 1000 USD
1992 951,401 1000 USD +30.1%
1993 1.24 million 1000 USD +30.7%
1994 1.72 million 1000 USD +38.3%
1995 2.25 million 1000 USD +30.7%
1996 1.89 million 1000 USD -15.9%
1997 2.08 million 1000 USD +10.3%
1998 2.41 million 1000 USD +15.4%
1999 1.90 million 1000 USD -21.0%
2000 1.34 million 1000 USD -29.3%
2001 1.26 million 1000 USD -6.5%
2002 2.07 million 1000 USD +64.6%
2003 2.74 million 1000 USD +32.5%
2004 3.18 million 1000 USD +16.1%
2005 2.88 million 1000 USD -9.4%
2006 4.75 million 1000 USD +64.8%
2007 6.74 million 1000 USD +41.8%
2008 9.64 million 1000 USD +43.2%
2009 10.70 million 1000 USD +11.0%
2010 15.14 million 1000 USD +41.5%
2011 22.12 million 1000 USD +46.1%
2012 18.90 million 1000 USD -14.6%
2013 14.61 million 1000 USD -22.7%
2014 15.13 million 1000 USD +3.5%
2015 11.56 million 1000 USD -23.6%
2016 12.36 million 1000 USD +6.9%
2017 14.34 million 1000 USD +16.0%
2018 11.41 million 1000 USD -20.4%
2019 10.09 million 1000 USD -11.6%
2020 12.94 million 1000 USD +28.2%
2021 21.07 million 1000 USD +62.8%
2022 23.42 million 1000 USD +11.2%
2023 16.20 million 1000 USD -30.8%
2024 19.15 million 1000 USD +18.2%

Averages by decade

DecadeAverage LowestHighest Years
1990s 1.69 million 1000 USD 731,117 1000 USD 2.41 million 1000 USD 9
2000s 4.53 million 1000 USD 1.26 million 1000 USD 10.70 million 1000 USD 10
2010s 14.57 million 1000 USD 10.09 million 1000 USD 22.12 million 1000 USD 10
2020s 18.55 million 1000 USD 12.94 million 1000 USD 23.42 million 1000 USD 5

Countries ranked near Malaysia

  1. 1 Indonesia 32.26 million 1000 USD compare
  2. 3 Colombia 7.76 million 1000 USD compare
  3. 4 Thailand 2.99 million 1000 USD compare
  4. 5 Ghana 844,399 1000 USD compare

See the full ranking of 47 places →

More agriculture & rural data for Malaysia

All data for Malaysia →

Frequently asked questions

What is oil palm fruit — gross production value in Malaysia?
Oil palm fruit — gross production value in Malaysia was 19.15 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 Malaysia?
The highest recorded value was 23.42 million 1000 USD in 2022.
What is the lowest oil palm fruit — gross production value recorded in Malaysia?
The lowest recorded value was 731,117 1000 USD in 1991.
How does Malaysia rank for oil palm fruit — gross production value?
Malaysia ranks 2nd out of 28 countries with data for 2024.
Is oil palm fruit — gross production value rising or falling in Malaysia?
Over the last ten years it is up 26.6%. The long-run trend across the full record is volatile.
Where does this Malaysia 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 Malaysia. Statizoid, drawing on Food and Agriculture Organization of the United Nations. Retrieved 22 August 2026, from https://agriculture.statizoid.com/stat/oil-palm-fruit-gross-production-value-current-thousand-us/malaysia/

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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.