Oilcrops, Oil Equivalent — Production, annual growth rate in Least Developed Countries (LDCs)

Least Developed Countries (LDCs): Oilcrops, Oil Equivalent — Production, annual growth rate was 0.1858 % change on previous year in 2024. ◆ Volatile

Latest (2024)
0.1858 % change on previous year
Change on year
up 112.5%
Rank
20th
of 31 groups
All-time high
11.53 % change on previous year
in 2008
All-time low
-5.88 % change on previous year
in 1983
Years of data
63
1962–2024

Oilcrops, Oil Equivalent — Production, annual growth rate in Least Developed Countries (LDCs), 1962–2024

-50510196219932024

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

Analysis

The most recent figure for oilcrops, oil equivalent — production, annual growth rate in Least Developed Countries (LDCs) is 0.1858 % change on previous year, measured in 2024.

The figure is up 112.5% on the previous year and down 97.1% over ten years.

Over the whole period, oilcrops, oil equivalent — production, annual growth rate in Least Developed Countries (LDCs) peaked at 11.53 % change on previous year in 2008 and was at its lowest, -5.88 % change on previous year, in 1983.

That places Least Developed Countries (LDCs) 20th out of 31 groups with data for 2024, putting it in the middle of the range.

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

Oilcrops, Oil Equivalent — Production, annual growth rate in Least Developed Countries (LDCs), year by year

Annual values for Oilcrops, Oil Equivalent — Production, annual growth rate in Least Developed Countries (LDCs), 1962 to 2024.
Year % change on previous year Change
1962 1.6 % change on previous year
1963 2.67 % change on previous year +67.0%
1964 -4.36 % change on previous year -263.2%
1965 0.6119 % change on previous year -114.0%
1966 -1.42 % change on previous year -331.4%
1967 5.55 % change on previous year -491.8%
1968 2.2 % change on previous year -60.4%
1969 3.87 % change on previous year +76.0%
1970 -0.0142 % change on previous year -100.4%
1971 8.55 % change on previous year -60471.6%
1972 -4.48 % change on previous year -152.4%
1973 -4.5 % change on previous year +0.4%
1974 10.34 % change on previous year -329.8%
1975 3.01 % change on previous year -70.9%
1976 -2.78 % change on previous year -192.4%
1977 -5.74 % change on previous year +106.3%
1978 4.47 % change on previous year -177.9%
1979 -3.81 % change on previous year -185.3%
1980 -5.02 % change on previous year +31.6%
1981 8.26 % change on previous year -264.6%
1982 0.7947 % change on previous year -90.4%
1983 -5.88 % change on previous year -840.3%
1984 0.1297 % change on previous year -102.2%
1985 5.68 % change on previous year +4277.3%
1986 5.59 % change on previous year -1.5%
1987 0.1897 % change on previous year -96.6%
1988 -0.7526 % change on previous year -496.8%
1989 -5.62 % change on previous year +646.4%
1990 -0.7015 % change on previous year -87.5%
1991 4.71 % change on previous year -770.9%
1992 3.92 % change on previous year -16.6%
1993 0.1265 % change on previous year -96.8%
1994 6.7 % change on previous year +5193.8%
1995 6.86 % change on previous year +2.4%
1996 5.47 % change on previous year -20.2%
1997 -1.64 % change on previous year -129.9%
1998 -1.26 % change on previous year -23.2%
1999 10.09 % change on previous year -901.8%
2000 -0.8545 % change on previous year -108.5%
2001 5.93 % change on previous year -794.2%
2002 -1.19 % change on previous year -120.1%
2003 6.83 % change on previous year -673.6%
2004 5.24 % change on previous year -23.3%
2005 5.73 % change on previous year +9.4%
2006 1.99 % change on previous year -65.3%
2007 1.79 % change on previous year -10.2%
2008 11.53 % change on previous year +545.7%
2009 5.84 % change on previous year -49.3%
2010 8.75 % change on previous year +49.8%
2011 4.75 % change on previous year -45.7%
2012 5.94 % change on previous year +25.1%
2013 7.36 % change on previous year +24.0%
2014 6.43 % change on previous year -12.7%
2015 -1.48 % change on previous year -123.0%
2016 1.62 % change on previous year -209.7%
2017 3.77 % change on previous year +132.3%
2018 8.65 % change on previous year +129.2%
2019 3.86 % change on previous year -55.4%
2020 0.998 % change on previous year -74.2%
2021 -1.63 % change on previous year -263.2%
2022 0.3541 % change on previous year -121.7%
2023 -1.49 % change on previous year -520.0%
2024 0.1858 % change on previous year -112.5%

Averages by decade

DecadeAverage LowestHighest Years
1960s 1.34 % change on previous year -4.36 % change on previous year 5.55 % change on previous year 8
1970s 0.504 % change on previous year -5.74 % change on previous year 10.34 % change on previous year 10
1980s 0.3375 % change on previous year -5.88 % change on previous year 8.26 % change on previous year 10
1990s 3.43 % change on previous year -1.64 % change on previous year 10.09 % change on previous year 10
2000s 4.28 % change on previous year -1.19 % change on previous year 11.53 % change on previous year 10
2010s 4.97 % change on previous year -1.48 % change on previous year 8.75 % change on previous year 10
2020s -0.3156 % change on previous year -1.63 % change on previous year 0.998 % change on previous year 5

Countries ranked near Least Developed Countries (LDCs)

  1. 17 Sweden 30.44 % change on previous year compare
  2. 18 Jordan 30.25 % change on previous year compare
  3. 19 Ecuador 29.42 % change on previous year compare
  4. 20 Albania 25.09 % change on previous year compare
  5. 21 Ireland 22.35 % change on previous year compare
  6. 22 Poland 22.2 % change on previous year compare
  7. 23 Norway 20 % change on previous year compare

See the full ranking of 235 places →

More agriculture & rural data for Least Developed Countries (LDCs)

All data for Least Developed Countries (LDCs) →

Frequently asked questions

What is oilcrops, oil equivalent — production, annual growth rate in Least Developed Countries (LDCs)?
Oilcrops, oil equivalent — production, annual growth rate in Least Developed Countries (LDCs) was 0.1858 % change on previous year in 2024, according to Statizoid (derived).
What is the highest oilcrops, oil equivalent — production, annual growth rate recorded in Least Developed Countries (LDCs)?
The highest recorded value was 11.53 % change on previous year in 2008.
What is the lowest oilcrops, oil equivalent — production, annual growth rate recorded in Least Developed Countries (LDCs)?
The lowest recorded value was -5.88 % change on previous year in 1983.
How does Least Developed Countries (LDCs) rank for oilcrops, oil equivalent — production, annual growth rate?
Least Developed Countries (LDCs) ranks 20th out of 31 groups with data for 2024.
Is oilcrops, oil equivalent — production, annual growth rate rising or falling in Least Developed Countries (LDCs)?
Over the last ten years it is down 97.1%. The long-run trend across the full record is volatile.
Where does this Least Developed Countries (LDCs) 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 Least Developed Countries (LDCs). Statizoid, drawing on Statizoid (derived). Retrieved 05 September 2026, from https://agriculture.statizoid.com/stat/oilcrops-oil-equivalent-production-annual-growth-rate/least-developed-countries-ldcs/

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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.