Oil palm fruit — Gross Production Value in Nicaragua
Nicaragua: Oil palm fruit — Gross Production Value was 63,603 1000 USD in 2023. ◆ Volatile
Oil palm fruit — Gross Production Value in Nicaragua, 1991–2023
Source: Food and Agriculture Organization of the United Nations. Measured in 1000 USD.
Analysis
In 2023, oil palm fruit — gross production value in Nicaragua stood at 63,603 1000 USD.
That represents a change of down 8.4% on the previous year and up 159.7% over ten years.
Over the whole period, oil palm fruit — gross production value in Nicaragua peaked at 69,412 1000 USD in 2022 and was at its lowest, 1,012 1000 USD, in 1992.
That places Nicaragua 18th out of 28 countries with data for 2023, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Oil palm fruit — Gross Production Value in Nicaragua, year by year
| Year | 1000 USD | Change |
|---|---|---|
| 1991 | 1,233 1000 USD | — |
| 1992 | 1,012 1000 USD | -17.9% |
| 1993 | 1,349 1000 USD | +33.3% |
| 1994 | 2,033 1000 USD | +50.7% |
| 1995 | 2,231 1000 USD | +9.7% |
| 1996 | 3,229 1000 USD | +44.7% |
| 1997 | 3,293 1000 USD | +2.0% |
| 1998 | 3,012 1000 USD | -8.5% |
| 1999 | 3,081 1000 USD | +2.3% |
| 2000 | 3,228 1000 USD | +4.8% |
| 2001 | 2,404 1000 USD | -25.5% |
| 2002 | 2,572 1000 USD | +7.0% |
| 2003 | 2,576 1000 USD | +0.2% |
| 2004 | 2,787 1000 USD | +8.2% |
| 2005 | 2,942 1000 USD | +5.6% |
| 2006 | 3,115 1000 USD | +5.9% |
| 2007 | 3,292 1000 USD | +5.7% |
| 2008 | 3,589 1000 USD | +9.0% |
| 2009 | 4,271 1000 USD | +19.0% |
| 2010 | 5,224 1000 USD | +22.3% |
| 2011 | 5,366 1000 USD | +2.7% |
| 2012 | 8,569 1000 USD | +59.7% |
| 2013 | 24,490 1000 USD | +185.8% |
| 2014 | 28,202 1000 USD | +15.2% |
| 2015 | 33,446 1000 USD | +18.6% |
| 2016 | 33,988 1000 USD | +1.6% |
| 2017 | 39,988 1000 USD | +17.7% |
| 2018 | 41,964 1000 USD | +4.9% |
| 2019 | 51,533 1000 USD | +22.8% |
| 2020 | 60,586 1000 USD | +17.6% |
| 2021 | 64,911 1000 USD | +7.1% |
| 2022 | 69,412 1000 USD | +6.9% |
| 2023 | 63,603 1000 USD | -8.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 2,275 1000 USD | 1,012 1000 USD | 3,293 1000 USD | 9 |
| 2000s | 3,078 1000 USD | 2,404 1000 USD | 4,271 1000 USD | 10 |
| 2010s | 27,277 1000 USD | 5,224 1000 USD | 51,533 1000 USD | 10 |
| 2020s | 64,628 1000 USD | 60,586 1000 USD | 69,412 1000 USD | 4 |
Countries ranked near Nicaragua
More agriculture & rural data for Nicaragua
- Agriculture, forestry, and fishing, value added (current US$), annual 12.55 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (current US$), per 0.1448 current US$ per US$ of GDP (2025)
- Agriculture, forestry, and fishing, value added (current US$), per 459.4 current US$ per person (2025)
- Rural population, annual growth rate 0.8714 % change on previous year (2025)
- Rural population, per unit of GDP 0.0001 units per US$ of GDP (2025)
- Rural population, per capita 0.4056 units per person (2025)
- Agriculture share gdp 14.48 (2025)
- Value added in the agricultural sector as of gdp vs gdp per capita 14.48 (2025)
- Agricultural raw materials exports 0.6% (2024)
- Agricultural raw materials imports 1.3% (2024)
Frequently asked questions
- What is oil palm fruit — gross production value in Nicaragua?
- Oil palm fruit — gross production value in Nicaragua was 63,603 1000 USD in 2023, according to Food and Agriculture Organization of the United Nations.
- What is the highest oil palm fruit — gross production value recorded in Nicaragua?
- The highest recorded value was 69,412 1000 USD in 2022.
- What is the lowest oil palm fruit — gross production value recorded in Nicaragua?
- The lowest recorded value was 1,012 1000 USD in 1992.
- How does Nicaragua rank for oil palm fruit — gross production value?
- Nicaragua ranks 18th out of 28 countries with data for 2023.
- Is oil palm fruit — gross production value rising or falling in Nicaragua?
- Over the last ten years it is up 159.7%. The long-run trend across the full record is volatile.
- Where does this Nicaragua 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.