Oilcrops, Oil Equivalent — Production, annual growth rate in Americas

Americas: Oilcrops, Oil Equivalent — Production, annual growth rate was 5.6 % change on previous year in 2024. ◆ Volatile

Latest (2024)
5.6 % change on previous year
Change on year
up 51.2%
Rank
7th
of 31 groups
All-time high
34.9 % change on previous year
in 1977
All-time low
-14.57 % change on previous year
in 1980
Years of data
63
1962–2024

Oilcrops, Oil Equivalent — Production, annual growth rate in Americas, 1962–2024

-100102030196219932024

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

Americas recorded 5.6 % change on previous year for oilcrops, oil equivalent — production, annual growth rate in 2024.

Compared with earlier readings it is up 51.2% on the previous year and down 28.5% over ten years.

Over the whole period, oilcrops, oil equivalent — production, annual growth rate in Americas peaked at 34.9 % change on previous year in 1977 and was at its lowest, -14.57 % change on previous year, in 1980.

Americas ranks 7th of 31 groups on this measure, in the top quarter.

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

Oilcrops, Oil Equivalent — Production, annual growth rate in Americas, year by year

Annual values for Oilcrops, Oil Equivalent — Production, annual growth rate in Americas, 1962 to 2024.
Year % change on previous year Change
1962 6.38 % change on previous year
1963 1.57 % change on previous year -75.4%
1964 -0.0335 % change on previous year -102.1%
1965 16.97 % change on previous year -50783.2%
1966 1.5 % change on previous year -91.2%
1967 -0.4676 % change on previous year -131.2%
1968 11.5 % change on previous year -2559.6%
1969 2.28 % change on previous year -80.2%
1970 8.29 % change on previous year +263.6%
1971 3.88 % change on previous year -53.2%
1972 2.7 % change on previous year -30.2%
1973 14.66 % change on previous year +442.0%
1974 -9.65 % change on previous year -165.8%
1975 17.19 % change on previous year -278.2%
1976 -11.11 % change on previous year -164.6%
1977 34.9 % change on previous year -414.1%
1978 6.36 % change on previous year -81.8%
1979 18.01 % change on previous year +183.0%
1980 -14.57 % change on previous year -180.9%
1981 5.92 % change on previous year -140.6%
1982 5.2 % change on previous year -12.0%
1983 -14.31 % change on previous year -375.0%
1984 16.65 % change on previous year -216.4%
1985 11.54 % change on previous year -30.7%
1986 -7.03 % change on previous year -160.9%
1987 0.3401 % change on previous year -104.8%
1988 -3.52 % change on previous year -1134.2%
1989 9.63 % change on previous year -373.9%
1990 3.78 % change on previous year -60.8%
1991 1.39 % change on previous year -63.2%
1992 4.19 % change on previous year +201.6%
1993 -2.44 % change on previous year -158.3%
1994 24.71 % change on previous year -1111.6%
1995 -3.89 % change on previous year -115.7%
1996 0.1446 % change on previous year -103.7%
1997 8.65 % change on previous year +5884.6%
1998 11.95 % change on previous year +38.1%
1999 2.07 % change on previous year -82.6%
2000 -0.7397 % change on previous year -135.7%
2001 3.24 % change on previous year -538.3%
2002 0.3167 % change on previous year -90.2%
2003 7.09 % change on previous year +2138.7%
2004 7.75 % change on previous year +9.3%
2005 7.57 % change on previous year -2.3%
2006 0.8886 % change on previous year -88.3%
2007 0.6092 % change on previous year -31.4%
2008 7.63 % change on previous year +1151.9%
2009 -5.31 % change on previous year -169.7%
2010 15.77 % change on previous year -396.9%
2011 1.13 % change on previous year -92.8%
2012 -5.67 % change on previous year -602.2%
2013 15.33 % change on previous year -370.2%
2014 7.83 % change on previous year -48.9%
2015 7.86 % change on previous year +0.4%
2016 1.61 % change on previous year -79.5%
2017 7.76 % change on previous year +381.0%
2018 -3.74 % change on previous year -148.2%
2019 -2.53 % change on previous year -32.2%
2020 4.52 % change on previous year -278.5%
2021 1.56 % change on previous year -65.4%
2022 -2.3 % change on previous year -247.2%
2023 3.7 % change on previous year -260.9%
2024 5.6 % change on previous year +51.2%

Averages by decade

DecadeAverage LowestHighest Years
1960s 4.96 % change on previous year -0.4676 % change on previous year 16.97 % change on previous year 8
1970s 8.52 % change on previous year -11.11 % change on previous year 34.9 % change on previous year 10
1980s 0.9851 % change on previous year -14.57 % change on previous year 16.65 % change on previous year 10
1990s 5.06 % change on previous year -3.89 % change on previous year 24.71 % change on previous year 10
2000s 2.9 % change on previous year -5.31 % change on previous year 7.75 % change on previous year 10
2010s 4.53 % change on previous year -5.67 % change on previous year 15.77 % change on previous year 10
2020s 2.62 % change on previous year -2.3 % change on previous year 5.6 % change on previous year 5

Countries ranked near Americas

  1. 4 Armenia 66.28 % change on previous year compare
  2. 5 Estonia 61.21 % change on previous year compare
  3. 6 Sudan (former) 58.71 % change on previous year compare
  4. 7 Argentina 55.46 % change on previous year compare
  5. 8 Kazakhstan 51.27 % change on previous year compare
  6. 9 Denmark 46.63 % change on previous year compare
  7. 10 Brunei Darussalam 41.76 % change on previous year compare

See the full ranking of 235 places →

More agriculture & rural data for Americas

All data for Americas →

Frequently asked questions

What is oilcrops, oil equivalent — production, annual growth rate in Americas?
Oilcrops, oil equivalent — production, annual growth rate in Americas was 5.6 % change on previous year in 2024, according to Statizoid (derived).
What is the highest oilcrops, oil equivalent — production, annual growth rate recorded in Americas?
The highest recorded value was 34.9 % change on previous year in 1977.
What is the lowest oilcrops, oil equivalent — production, annual growth rate recorded in Americas?
The lowest recorded value was -14.57 % change on previous year in 1980.
How does Americas rank for oilcrops, oil equivalent — production, annual growth rate?
Americas ranks 7th out of 31 groups with data for 2024.
Is oilcrops, oil equivalent — production, annual growth rate rising or falling in Americas?
Over the last ten years it is down 28.5%. The long-run trend across the full record is volatile.
Where does this Americas data come from?
The figures come from Statizoid (derived), published as part of Oilcrops, Oil Equivalent — Production, annual growth rate. Statizoid updates them automatically from the source API.

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Oilcrops, Oil Equivalent — Production, annual growth rate in Americas. Statizoid, drawing on Statizoid (derived). Retrieved 06 September 2026, from https://agriculture.statizoid.com/stat/oilcrops-oil-equivalent-production-annual-growth-rate/americas/

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How this figure is calculated

The year-on-year percentage change in Oilcrops, Oil Equivalent — Production. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

Computed from

Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.

About this data

Indicator
Oilcrops, Oil Equivalent — Production, annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
235 places, 12,963 data points, 1962–2024
Last refreshed

The year-on-year percentage change in Oilcrops, Oil Equivalent — Production. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.