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

Australia: Oilcrops, Oil Equivalent — Production, annual growth rate was -14.87 % change on previous year in 2024. ◆ Volatile

Latest (2024)
-14.87 % change on previous year
Change on year
down 6.2%
World rank
183rd
of 204 countries
All-time high
129.04 % change on previous year
in 1966
All-time low
-57.65 % change on previous year
in 1965
Years of data
63
1962–2024

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

-50050100150196219932024

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

Analysis

In 2024, oilcrops, oil equivalent — production, annual growth rate in Australia stood at -14.87 % change on previous year.

The figure is down 6.2% on the previous year and down 52.5% over ten years.

Over the whole period, oilcrops, oil equivalent — production, annual growth rate in Australia peaked at 129.04 % change on previous year in 1966 and was at its lowest, -57.65 % change on previous year, in 1965.

Australia ranks 183rd of 204 countries on this measure, 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, year by year

Annual values for Oilcrops, Oil Equivalent — Production, annual growth rate in Australia, 1962 to 2024.
Year % change on previous year Change
1962 13.11 % change on previous year
1963 23.1 % change on previous year +76.1%
1964 55.64 % change on previous year +140.9%
1965 -57.65 % change on previous year -203.6%
1966 129.04 % change on previous year -323.8%
1967 -4.66 % change on previous year -103.6%
1968 9.99 % change on previous year -314.3%
1969 9.31 % change on previous year -6.8%
1970 60.57 % change on previous year +550.4%
1971 30.62 % change on previous year -49.5%
1972 51.59 % change on previous year +68.5%
1973 -24.7 % change on previous year -147.9%
1974 10.28 % change on previous year -141.6%
1975 5.77 % change on previous year -43.8%
1976 -24.95 % change on previous year -532.4%
1977 18.58 % change on previous year -174.4%
1978 63.87 % change on previous year +243.8%
1979 15.8 % change on previous year -75.3%
1980 -24.79 % change on previous year -257.0%
1981 4.45 % change on previous year -117.9%
1982 -3.46 % change on previous year -177.8%
1983 -13.35 % change on previous year +285.8%
1984 53.37 % change on previous year -499.8%
1985 67.2 % change on previous year +25.9%
1986 -15.66 % change on previous year -123.3%
1987 -20.22 % change on previous year +29.1%
1988 21.4 % change on previous year -205.9%
1989 -1.74 % change on previous year -108.1%
1990 -18.82 % change on previous year +984.0%
1991 54.63 % change on previous year -390.3%
1992 -1.17 % change on previous year -102.1%
1993 -0.9817 % change on previous year -16.3%
1994 1.9 % change on previous year -293.4%
1995 36.95 % change on previous year +1846.4%
1996 9.81 % change on previous year -73.5%
1997 40.74 % change on previous year +315.5%
1998 53.75 % change on previous year +31.9%
1999 40.62 % change on previous year -24.4%
2000 -20.85 % change on previous year -151.3%
2001 -4.78 % change on previous year -77.1%
2002 -39.29 % change on previous year +722.8%
2003 36.43 % change on previous year -192.7%
2004 -5.26 % change on previous year -114.4%
2005 3.61 % change on previous year -168.6%
2006 -42.73 % change on previous year -1285.3%
2007 30.9 % change on previous year -172.3%
2008 41.24 % change on previous year +33.5%
2009 8.98 % change on previous year -78.2%
2010 21.29 % change on previous year +137.1%
2011 50.03 % change on previous year +135.0%
2012 22.99 % change on previous year -54.0%
2013 -8.78 % change on previous year -138.2%
2014 -9.75 % change on previous year +11.1%
2015 -23.05 % change on previous year +136.4%
2016 49.12 % change on previous year -313.1%
2017 -4.82 % change on previous year -109.8%
2018 -32.07 % change on previous year +566.1%
2019 -13.78 % change on previous year -57.0%
2020 82.32 % change on previous year -697.5%
2021 49.97 % change on previous year -39.3%
2022 33.25 % change on previous year -33.5%
2023 -14.01 % change on previous year -142.1%
2024 -14.87 % change on previous year +6.2%

Averages by decade

DecadeAverage LowestHighest Years
1960s 22.24 % change on previous year -57.65 % change on previous year 129.04 % change on previous year 8
1970s 20.74 % change on previous year -24.95 % change on previous year 63.87 % change on previous year 10
1980s 6.72 % change on previous year -24.79 % change on previous year 67.2 % change on previous year 10
1990s 21.74 % change on previous year -18.82 % change on previous year 54.63 % change on previous year 10
2000s 0.8249 % change on previous year -42.73 % change on previous year 41.24 % change on previous year 10
2010s 5.12 % change on previous year -32.07 % change on previous year 50.03 % change on previous year 10
2020s 27.33 % change on previous year -14.87 % change on previous year 82.32 % change on previous year 5

Countries ranked near Australia

  1. 180 USSR -13.75 % change on previous year compare
  2. 181 Czechia -14.46 % change on previous year compare
  3. 182 Australia and New Zealand -14.86 % change on previous year compare
  4. 184 Saint Lucia -15.71 % change on previous year compare
  5. 185 Palestine, State of -17.61 % change on previous year compare
  6. 186 Israel -19.24 % change on previous year compare

See the full ranking of 235 places →

More agriculture & rural data for Australia

All data for Australia →

Frequently asked questions

What is oilcrops, oil equivalent — production, annual growth rate in Australia?
Oilcrops, oil equivalent — production, annual growth rate in Australia was -14.87 % change on previous year in 2024, according to Statizoid (derived).
What is the highest oilcrops, oil equivalent — production, annual growth rate recorded in Australia?
The highest recorded value was 129.04 % change on previous year in 1966.
What is the lowest oilcrops, oil equivalent — production, annual growth rate recorded in Australia?
The lowest recorded value was -57.65 % change on previous year in 1965.
How does Australia rank for oilcrops, oil equivalent — production, annual growth rate?
Australia ranks 183rd out of 204 countries with data for 2024.
Is oilcrops, oil equivalent — production, annual growth rate rising or falling in Australia?
Over the last ten years it is down 52.5%. The long-run trend across the full record is volatile.
Where does this Australia 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. Statizoid, drawing on Statizoid (derived). Retrieved 05 September 2026, from https://agriculture.statizoid.com/stat/oilcrops-oil-equivalent-production-annual-growth-rate/australia/

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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.