Oilcrops, Oil Equivalent — Production, annual growth rate in Australia and New Zealand

Australia and New Zealand: Oilcrops, Oil Equivalent — Production, annual growth rate was -14.86 % change on previous year in 2024. ◆ Volatile

Latest (2024)
-14.86 % change on previous year
Change on year
down 6.2%
World rank
182nd
of 204 countries
All-time high
106 % change on previous year
in 1966
All-time low
-55.93 % change on previous year
in 1965
Years of data
63
1962–2024

Oilcrops, Oil Equivalent — Production, annual growth rate in Australia and New Zealand, 1962–2024

-50050100196219932024

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

Analysis

In 2024, oilcrops, oil equivalent — production, annual growth rate in Australia and New Zealand stood at -14.86 % change on previous year.

That represents a change of down 6.2% on the previous year and down 52.6% over ten years.

Over the whole period, oilcrops, oil equivalent — production, annual growth rate in Australia and New Zealand peaked at 106 % change on previous year in 1966 and was at its lowest, -55.93 % change on previous year, in 1965.

That places Australia and New Zealand 182nd out of 204 countries with data for 2024, putting it in the bottom 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 Australia and New Zealand, year by year

Annual values for Oilcrops, Oil Equivalent — Production, annual growth rate in Australia and New Zealand, 1962 to 2024.
Year % change on previous year Change
1962 16.7 % change on previous year
1963 25.35 % change on previous year +51.8%
1964 46.3 % change on previous year +82.7%
1965 -55.93 % change on previous year -220.8%
1966 106 % change on previous year -289.5%
1967 -1.8 % change on previous year -101.7%
1968 8.1 % change on previous year -549.1%
1969 13.38 % change on previous year +65.2%
1970 56.27 % change on previous year +320.7%
1971 28.33 % change on previous year -49.7%
1972 48.59 % change on previous year +71.5%
1973 -23.74 % change on previous year -148.9%
1974 7.53 % change on previous year -131.7%
1975 8.52 % change on previous year +13.2%
1976 -25.13 % change on previous year -394.9%
1977 17.3 % change on previous year -168.9%
1978 62.3 % change on previous year +260.0%
1979 14.31 % change on previous year -77.0%
1980 -25.26 % change on previous year -276.6%
1981 4.37 % change on previous year -117.3%
1982 -3.47 % change on previous year -179.3%
1983 -13.8 % change on previous year +298.1%
1984 53 % change on previous year -484.0%
1985 67.01 % change on previous year +26.4%
1986 -14.69 % change on previous year -121.9%
1987 -19.95 % change on previous year +35.8%
1988 20.77 % change on previous year -204.1%
1989 -2.39 % change on previous year -111.5%
1990 -18.76 % change on previous year +686.1%
1991 54.36 % change on previous year -389.9%
1992 -1.16 % change on previous year -102.1%
1993 -0.8504 % change on previous year -26.4%
1994 2.12 % change on previous year -349.0%
1995 36.74 % change on previous year +1634.8%
1996 9.75 % change on previous year -73.5%
1997 40.56 % change on previous year +316.1%
1998 53.48 % change on previous year +31.8%
1999 40.53 % change on previous year -24.2%
2000 -20.82 % change on previous year -151.4%
2001 -4.77 % change on previous year -77.1%
2002 -39.21 % change on previous year +722.7%
2003 36.36 % change on previous year -192.7%
2004 -5.24 % change on previous year -114.4%
2005 3.56 % change on previous year -168.0%
2006 -42.64 % change on previous year -1296.2%
2007 30.69 % change on previous year -172.0%
2008 41.13 % change on previous year +34.0%
2009 9.02 % change on previous year -78.1%
2010 21.24 % change on previous year +135.4%
2011 49.94 % change on previous year +135.2%
2012 22.96 % change on previous year -54.0%
2013 -8.77 % change on previous year -138.2%
2014 -9.74 % change on previous year +11.1%
2015 -23.04 % change on previous year +136.5%
2016 49.08 % change on previous year -313.0%
2017 -4.81 % change on previous year -109.8%
2018 -32.04 % change on previous year +565.7%
2019 -13.76 % change on previous year -57.1%
2020 82.18 % change on previous year -697.5%
2021 49.93 % change on previous year -39.2%
2022 33.23 % change on previous year -33.4%
2023 -14 % change on previous year -142.1%
2024 -14.86 % change on previous year +6.2%

Biggest year-on-year movements

Years where Oilcrops, Oil Equivalent — Production, annual growth rate in Australia and New Zealand changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

YearChange FromTo
1995 +1634.8% 2.12 % change on previous year 36.74 % change on previous year
2006 -1296.2% 3.56 % change on previous year -42.64 % change on previous year

Averages by decade

DecadeAverage LowestHighest Years
1960s 19.76 % change on previous year -55.93 % change on previous year 106 % change on previous year 8
1970s 19.43 % change on previous year -25.13 % change on previous year 62.3 % change on previous year 10
1980s 6.56 % change on previous year -25.26 % change on previous year 67.01 % change on previous year 10
1990s 21.68 % change on previous year -18.76 % change on previous year 54.36 % change on previous year 10
2000s 0.8094 % change on previous year -42.64 % change on previous year 41.13 % change on previous year 10
2010s 5.11 % change on previous year -32.04 % change on previous year 49.94 % change on previous year 10
2020s 27.3 % change on previous year -14.86 % change on previous year 82.18 % change on previous year 5

Countries ranked near Australia and New Zealand

  1. 179 Puerto Rico -12.07 % change on previous year compare
  2. 180 USSR -13.75 % change on previous year compare
  3. 181 Czechia -14.46 % change on previous year compare
  4. 183 Australia -14.87 % change on previous year compare
  5. 184 Saint Lucia -15.71 % change on previous year compare
  6. 185 Palestine, State of -17.61 % change on previous year compare

See the full ranking of 235 places →

More agriculture & rural data for Australia and New Zealand

All data for Australia and New Zealand →

Frequently asked questions

What is oilcrops, oil equivalent — production, annual growth rate in Australia and New Zealand?
Oilcrops, oil equivalent — production, annual growth rate in Australia and New Zealand was -14.86 % change on previous year in 2024, according to Statizoid (derived).
What is the highest oilcrops, oil equivalent — production, annual growth rate recorded in Australia and New Zealand?
The highest recorded value was 106 % change on previous year in 1966.
What is the lowest oilcrops, oil equivalent — production, annual growth rate recorded in Australia and New Zealand?
The lowest recorded value was -55.93 % change on previous year in 1965.
How does Australia and New Zealand rank for oilcrops, oil equivalent — production, annual growth rate?
Australia and New Zealand ranks 182nd out of 204 countries with data for 2024.
Is oilcrops, oil equivalent — production, annual growth rate rising or falling in Australia and New Zealand?
Over the last ten years it is down 52.6%. The long-run trend across the full record is volatile.
Where does this Australia and New Zealand 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 Australia and New Zealand. Statizoid, drawing on Statizoid (derived). Retrieved 15 September 2026, from https://agriculture.statizoid.com/stat/oilcrops-oil-equivalent-production-annual-growth-rate/australia-and-new-zealand/

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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.