Oil palm fruit — Gross Production Value in Philippines

Philippines: Oil palm fruit — Gross Production Value was 61,351 1000 USD in 2024. ◆ Volatile

Latest (2024)
61,351 1000 USD
Change on year
down 0.8%
World rank
19th
of 28 countries
All-time high
80,800 1000 USD
in 2011
All-time low
7,738 1000 USD
in 2001
Years of data
34
1991–2024

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

020.0k40.0k60.0k80.0k1991200720241991: 10.2k 1000 USD1992: 12.4k 1000 USD1993: 12.1k 1000 USD1994: 13.1k 1000 USD1995: 11.0k 1000 USD1996: 14.3k 1000 USD1997: 11.6k 1000 USD1998: 11.5k 1000 USD1999: 16.6k 1000 USD2000: 9.2k 1000 USD2001: 7.7k 1000 USD2002: 10.9k 1000 USD2003: 13.3k 1000 USD2004: 21.7k 1000 USD2005: 17.8k 1000 USD2006: 19.9k 1000 USD2007: 35.5k 1000 USD2008: 52.0k 1000 USD2009: 36.6k 1000 USD2010: 55.3k 1000 USD2011: 80.8k 1000 USD2012: 64.7k 1000 USD2013: 43.1k 1000 USD2014: 41.4k 1000 USD2015: 33.5k 1000 USD2016: 34.8k 1000 USD2017: 36.9k 1000 USD2018: 35.0k 1000 USD2019: 27.9k 1000 USD2020: 34.6k 1000 USD2021: 52.3k 1000 USD2022: 68.0k 1000 USD2023: 61.8k 1000 USD2024: 61.4k 1000 USD

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

Analysis

In 2024, oil palm fruit — gross production value in Philippines stood at 61,351 1000 USD.

The figure is down 0.8% on the previous year and up 48.3% over ten years.

Over the whole period, oil palm fruit — gross production value in Philippines peaked at 80,800 1000 USD in 2011 and was at its lowest, 7,738 1000 USD, in 2001.

Philippines ranks 19th of 28 countries on this measure, in the middle of the range.

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

Averages by decade

DecadeAverage LowestHighest Years
1990s 12,531 1000 USD 10,159 1000 USD 16,637 1000 USD 9
2000s 22,459 1000 USD 7,738 1000 USD 52,042 1000 USD 10
2010s 45,320 1000 USD 27,859 1000 USD 80,800 1000 USD 10
2020s 55,611 1000 USD 34,577 1000 USD 67,950 1000 USD 5

Countries ranked near Philippines

  1. 16 Nigeria 166,688 1000 USD compare
  2. 17 Panama 104,541 1000 USD compare
  3. 18 Nicaragua 63,603 1000 USD compare
  4. 20 Burundi 61,075 1000 USD compare
  5. 21 Togo 33,737 1000 USD compare
  6. 22 Congo 33,354 1000 USD compare

See the full ranking of 47 places →

More agriculture & rural data for Philippines

All data for Philippines →

Frequently asked questions

What is oil palm fruit — gross production value in Philippines?
Oil palm fruit — gross production value in Philippines was 61,351 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 Philippines?
The highest recorded value was 80,800 1000 USD in 2011.
What is the lowest oil palm fruit — gross production value recorded in Philippines?
The lowest recorded value was 7,738 1000 USD in 2001.
How does Philippines rank for oil palm fruit — gross production value?
Philippines ranks 19th out of 28 countries with data for 2024.
Is oil palm fruit — gross production value rising or falling in Philippines?
Over the last ten years it is up 48.3%. The long-run trend across the full record is volatile.
Where does this Philippines 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 Philippines. Statizoid, drawing on Food and Agriculture Organization of the United Nations. Retrieved 19 August 2026, from https://agriculture.statizoid.com/stat/oil-palm-fruit-gross-production-value-current-thousand-us/philippines/

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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.