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

Caribbean: Oilcrops, Oil Equivalent — Production, annual growth rate was 6.51 % change on previous year in 2024. ◆ Volatile

Latest (2024)
6.51 % change on previous year
Change on year
down 30.9%
Rank
6th
of 31 groups
All-time high
15.94 % change on previous year
in 1992
All-time low
-24.14 % change on previous year
in 2010
Years of data
63
1962–2024

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

-20-1001020196219932024

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

Analysis

Caribbean recorded 6.51 % change on previous year for oilcrops, oil equivalent — production, annual growth rate in 2024.

The figure is down 30.9% on the previous year and up 194.5% over ten years.

Over the whole period, oilcrops, oil equivalent — production, annual growth rate in Caribbean peaked at 15.94 % change on previous year in 1992 and was at its lowest, -24.14 % change on previous year, in 2010.

Caribbean ranks 6th 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 Caribbean, year by year

Annual values for Oilcrops, Oil Equivalent — Production, annual growth rate in Caribbean, 1962 to 2024.
Year % change on previous year Change
1962 2.42 % change on previous year
1963 -4.07 % change on previous year -268.1%
1964 1.63 % change on previous year -140.0%
1965 0.648 % change on previous year -60.2%
1966 1.69 % change on previous year +160.9%
1967 -0.6278 % change on previous year -137.1%
1968 1.55 % change on previous year -347.5%
1969 7.02 % change on previous year +351.9%
1970 -0.9763 % change on previous year -113.9%
1971 8.92 % change on previous year -1013.8%
1972 -3.99 % change on previous year -144.8%
1973 -4.25 % change on previous year +6.3%
1974 -10.19 % change on previous year +140.1%
1975 1.03 % change on previous year -110.1%
1976 -4.7 % change on previous year -558.1%
1977 15.65 % change on previous year -433.2%
1978 11.29 % change on previous year -27.9%
1979 -6.2 % change on previous year -155.0%
1980 3.84 % change on previous year -162.0%
1981 -9.54 % change on previous year -348.1%
1982 -1.24 % change on previous year -87.0%
1983 3.47 % change on previous year -379.3%
1984 6.31 % change on previous year +81.8%
1985 -8.59 % change on previous year -236.1%
1986 14.42 % change on previous year -267.8%
1987 0.496 % change on previous year -96.6%
1988 3.04 % change on previous year +512.1%
1989 -10.25 % change on previous year -437.6%
1990 4.69 % change on previous year -145.8%
1991 -9.11 % change on previous year -294.0%
1992 15.94 % change on previous year -275.0%
1993 8.23 % change on previous year -48.4%
1994 -3.35 % change on previous year -140.7%
1995 6.81 % change on previous year -303.1%
1996 -3.59 % change on previous year -152.7%
1997 9.88 % change on previous year -375.3%
1998 0.4903 % change on previous year -95.0%
1999 4.17 % change on previous year +750.3%
2000 4.03 % change on previous year -3.4%
2001 3.5 % change on previous year -13.1%
2002 12.63 % change on previous year +260.7%
2003 2.93 % change on previous year -76.8%
2004 1.04 % change on previous year -64.7%
2005 -4.77 % change on previous year -560.4%
2006 5.35 % change on previous year -212.2%
2007 6.06 % change on previous year +13.2%
2008 0.3397 % change on previous year -94.4%
2009 -8.64 % change on previous year -2644.4%
2010 -24.14 % change on previous year +179.4%
2011 7.03 % change on previous year -129.1%
2012 3.29 % change on previous year -53.2%
2013 15.82 % change on previous year +380.6%
2014 2.21 % change on previous year -86.0%
2015 2.09 % change on previous year -5.4%
2016 -3.37 % change on previous year -261.1%
2017 3.18 % change on previous year -194.4%
2018 2.42 % change on previous year -24.0%
2019 3.12 % change on previous year +29.0%
2020 -0.9386 % change on previous year -130.1%
2021 3.27 % change on previous year -448.3%
2022 8.9 % change on previous year +172.2%
2023 9.42 % change on previous year +5.9%
2024 6.51 % change on previous year -30.9%

Averages by decade

DecadeAverage LowestHighest Years
1960s 1.28 % change on previous year -4.07 % change on previous year 7.02 % change on previous year 8
1970s 0.6572 % change on previous year -10.19 % change on previous year 15.65 % change on previous year 10
1980s 0.1959 % change on previous year -10.25 % change on previous year 14.42 % change on previous year 10
1990s 3.42 % change on previous year -9.11 % change on previous year 15.94 % change on previous year 10
2000s 2.25 % change on previous year -8.64 % change on previous year 12.63 % change on previous year 10
2010s 1.16 % change on previous year -24.14 % change on previous year 15.82 % change on previous year 10
2020s 5.43 % change on previous year -0.9386 % change on previous year 9.42 % change on previous year 5

Countries ranked near Caribbean

  1. 3 Portugal 74.32 % change on previous year compare
  2. 4 Armenia 66.28 % change on previous year compare
  3. 5 Estonia 61.21 % change on previous year compare
  4. 6 Sudan (former) 58.71 % change on previous year compare
  5. 7 Argentina 55.46 % change on previous year compare
  6. 8 Kazakhstan 51.27 % change on previous year compare
  7. 9 Denmark 46.63 % change on previous year compare

See the full ranking of 235 places →

More agriculture & rural data for Caribbean

All data for Caribbean →

Frequently asked questions

What is oilcrops, oil equivalent — production, annual growth rate in Caribbean?
Oilcrops, oil equivalent — production, annual growth rate in Caribbean was 6.51 % change on previous year in 2024, according to Statizoid (derived).
What is the highest oilcrops, oil equivalent — production, annual growth rate recorded in Caribbean?
The highest recorded value was 15.94 % change on previous year in 1992.
What is the lowest oilcrops, oil equivalent — production, annual growth rate recorded in Caribbean?
The lowest recorded value was -24.14 % change on previous year in 2010.
How does Caribbean rank for oilcrops, oil equivalent — production, annual growth rate?
Caribbean ranks 6th out of 31 groups with data for 2024.
Is oilcrops, oil equivalent — production, annual growth rate rising or falling in Caribbean?
Over the last ten years it is up 194.5%. The long-run trend across the full record is volatile.
Where does this Caribbean 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 Caribbean. Statizoid, drawing on Statizoid (derived). Retrieved 05 September 2026, from https://agriculture.statizoid.com/stat/oilcrops-oil-equivalent-production-annual-growth-rate/caribbean/

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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.