Oil palm fruit — Gross Production Value in Philippines
Philippines: Oil palm fruit — Gross Production Value was 61,351 1000 USD in 2024. ◆ Volatile
Oil palm fruit — Gross Production Value in Philippines, 1991–2024
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.
Oil palm fruit — Gross Production Value in Philippines, year by year
| Year | 1000 USD | Change |
|---|---|---|
| 1991 | 10,159 1000 USD | — |
| 1992 | 12,444 1000 USD | +22.5% |
| 1993 | 12,130 1000 USD | -2.5% |
| 1994 | 13,079 1000 USD | +7.8% |
| 1995 | 10,966 1000 USD | -16.2% |
| 1996 | 14,261 1000 USD | +30.0% |
| 1997 | 11,562 1000 USD | -18.9% |
| 1998 | 11,539 1000 USD | -0.2% |
| 1999 | 16,637 1000 USD | +44.2% |
| 2000 | 9,164 1000 USD | -44.9% |
| 2001 | 7,738 1000 USD | -15.6% |
| 2002 | 10,872 1000 USD | +40.5% |
| 2003 | 13,299 1000 USD | +22.3% |
| 2004 | 21,655 1000 USD | +62.8% |
| 2005 | 17,842 1000 USD | -17.6% |
| 2006 | 19,940 1000 USD | +11.8% |
| 2007 | 35,450 1000 USD | +77.8% |
| 2008 | 52,042 1000 USD | +46.8% |
| 2009 | 36,587 1000 USD | -29.7% |
| 2010 | 55,280 1000 USD | +51.1% |
| 2011 | 80,800 1000 USD | +46.2% |
| 2012 | 64,668 1000 USD | -20.0% |
| 2013 | 43,052 1000 USD | -33.4% |
| 2014 | 41,364 1000 USD | -3.9% |
| 2015 | 33,485 1000 USD | -19.0% |
| 2016 | 34,798 1000 USD | +3.9% |
| 2017 | 36,926 1000 USD | +6.1% |
| 2018 | 34,973 1000 USD | -5.3% |
| 2019 | 27,859 1000 USD | -20.3% |
| 2020 | 34,577 1000 USD | +24.1% |
| 2021 | 52,334 1000 USD | +51.4% |
| 2022 | 67,950 1000 USD | +29.8% |
| 2023 | 61,843 1000 USD | -9.0% |
| 2024 | 61,351 1000 USD | -0.8% |
Philippines compared with similar countries
- Philippines's 61,351 1000 USD is below the median for upper middle income countries, which is 218,646 1000 USD, 28% of the median. (14 countries reporting)
- Philippines's 61,351 1000 USD is below the median for East Asia & Pacific, which is 2.99 million 1000 USD, 2% of the median. (5 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | 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
More agriculture & rural data for Philippines
- Agriculture, forestry, and fishing, value added (current US$), annual -0.2488 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (current US$), per 0.0859 current US$ per US$ of GDP (2025)
- Agriculture, forestry, and fishing, value added (current US$), per 358.34 current US$ per person (2025)
- Rural population, annual growth rate 0.0874 % change on previous year (2025)
- Rural population, per unit of GDP 0.0001 units per US$ of GDP (2025)
- Rural population, per capita 0.4423 units per person (2025)
- Share of GDP from agriculture 8.6% (2025)
- Agriculture as a share of GDP vs. GDP per capita 8.6% (2025)
- Agricultural raw materials exports 1.1% (2024)
- Agricultural raw materials imports 0.6% (2024)
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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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.