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

Oceania: Oilcrops, Oil Equivalent — Production, annual growth rate was -11.19 % change on previous year in 2024. ◆ Volatile

Latest (2024)
-11.19 % change on previous year
Change on year
down 10.0%
Rank
28th
of 31 groups
All-time high
39.69 % change on previous year
in 2020
All-time low
-24.92 % change on previous year
in 2002
Years of data
63
1962–2024

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

-2002040196219932024

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

Analysis

Oceania recorded -11.19 % change on previous year for oilcrops, oil equivalent — production, annual growth rate in 2024.

That represents a change of down 10.0% on the previous year and down 556.8% over ten years.

Over the whole period, oilcrops, oil equivalent — production, annual growth rate in Oceania peaked at 39.69 % change on previous year in 2020 and was at its lowest, -24.92 % change on previous year, in 2002.

That places Oceania 28th out of 31 groups 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 Oceania, year by year

Annual values for Oilcrops, Oil Equivalent — Production, annual growth rate in Oceania, 1962 to 2024.
Year % change on previous year Change
1962 -0.1125 % change on previous year
1963 6.83 % change on previous year -6168.5%
1964 5.51 % change on previous year -19.4%
1965 -12.15 % change on previous year -320.6%
1966 8.51 % change on previous year -170.1%
1967 -2.78 % change on previous year -132.6%
1968 0.7325 % change on previous year -126.4%
1969 10.86 % change on previous year +1383.0%
1970 1.23 % change on previous year -88.6%
1971 10.17 % change on previous year +724.8%
1972 8.29 % change on previous year -18.5%
1973 -6.86 % change on previous year -182.8%
1974 6.41 % change on previous year -193.4%
1975 5.41 % change on previous year -15.6%
1976 -2.35 % change on previous year -143.5%
1977 9.3 % change on previous year -495.2%
1978 15.25 % change on previous year +64.0%
1979 5.24 % change on previous year -65.6%
1980 -6.07 % change on previous year -215.8%
1981 3.45 % change on previous year -156.8%
1982 4.89 % change on previous year +41.7%
1983 -3.29 % change on previous year -167.4%
1984 24.01 % change on previous year -829.3%
1985 23.63 % change on previous year -1.6%
1986 -5.84 % change on previous year -124.7%
1987 -11.88 % change on previous year +103.5%
1988 1.62 % change on previous year -113.6%
1989 -3.16 % change on previous year -295.3%
1990 -3.34 % change on previous year +5.6%
1991 17.26 % change on previous year -616.6%
1992 9.72 % change on previous year -43.7%
1993 3.12 % change on previous year -67.9%
1994 -2.67 % change on previous year -185.7%
1995 16.72 % change on previous year -725.3%
1996 9.6 % change on previous year -42.6%
1997 15.79 % change on previous year +64.6%
1998 29.93 % change on previous year +89.6%
1999 25.25 % change on previous year -15.7%
2000 -12.76 % change on previous year -150.5%
2001 -7.44 % change on previous year -41.7%
2002 -24.92 % change on previous year +234.7%
2003 18.42 % change on previous year -173.9%
2004 -0.6367 % change on previous year -103.5%
2005 4.2 % change on previous year -759.0%
2006 -22.3 % change on previous year -631.6%
2007 24.91 % change on previous year -211.7%
2008 21.35 % change on previous year -14.3%
2009 5.11 % change on previous year -76.1%
2010 10.23 % change on previous year +100.4%
2011 30.9 % change on previous year +202.0%
2012 16.22 % change on previous year -47.5%
2013 -5.55 % change on previous year -134.2%
2014 -1.7 % change on previous year -69.3%
2015 -13.5 % change on previous year +692.5%
2016 28.38 % change on previous year -310.2%
2017 -3.3 % change on previous year -111.6%
2018 -20.09 % change on previous year +509.0%
2019 -6.7 % change on previous year -66.7%
2020 39.69 % change on previous year -692.4%
2021 34.45 % change on previous year -13.2%
2022 25.43 % change on previous year -26.2%
2023 -10.17 % change on previous year -140.0%
2024 -11.19 % change on previous year +10.0%

Averages by decade

DecadeAverage LowestHighest Years
1960s 2.18 % change on previous year -12.15 % change on previous year 10.86 % change on previous year 8
1970s 5.21 % change on previous year -6.86 % change on previous year 15.25 % change on previous year 10
1980s 2.74 % change on previous year -11.88 % change on previous year 24.01 % change on previous year 10
1990s 12.14 % change on previous year -3.34 % change on previous year 29.93 % change on previous year 10
2000s 0.5911 % change on previous year -24.92 % change on previous year 24.91 % change on previous year 10
2010s 3.49 % change on previous year -20.09 % change on previous year 30.9 % change on previous year 10
2020s 15.64 % change on previous year -11.19 % change on previous year 39.69 % change on previous year 5

Countries ranked near Oceania

  1. 25 Sudan 18.22 % change on previous year compare
  2. 26 Belgium 17.76 % change on previous year compare
  3. 27 Niger 17.6 % change on previous year compare
  4. 28 Rwanda 17.59 % change on previous year compare
  5. 29 France 17.43 % change on previous year compare
  6. 30 Belarus 15.84 % change on previous year compare
  7. 31 Latvia 15.61 % change on previous year compare

See the full ranking of 235 places →

More agriculture & rural data for Oceania

All data for Oceania →

Frequently asked questions

What is oilcrops, oil equivalent — production, annual growth rate in Oceania?
Oilcrops, oil equivalent — production, annual growth rate in Oceania was -11.19 % change on previous year in 2024, according to Statizoid (derived).
What is the highest oilcrops, oil equivalent — production, annual growth rate recorded in Oceania?
The highest recorded value was 39.69 % change on previous year in 2020.
What is the lowest oilcrops, oil equivalent — production, annual growth rate recorded in Oceania?
The lowest recorded value was -24.92 % change on previous year in 2002.
How does Oceania rank for oilcrops, oil equivalent — production, annual growth rate?
Oceania ranks 28th out of 31 groups with data for 2024.
Is oilcrops, oil equivalent — production, annual growth rate rising or falling in Oceania?
Over the last ten years it is down 556.8%. The long-run trend across the full record is volatile.
Where does this Oceania 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 Oceania. Statizoid, drawing on Statizoid (derived). Retrieved 06 September 2026, from https://agriculture.statizoid.com/stat/oilcrops-oil-equivalent-production-annual-growth-rate/oceania/

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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.