Oilcrops, Oil Equivalent — Production, annual growth rate in United States of America

United States of America: Oilcrops, Oil Equivalent — Production, annual growth rate was 4.89 % change on previous year in 2024. ◆ Volatile

Latest (2024)
4.89 % change on previous year
Change on year
up 312.5%
Rank
8th
of 31 groups
All-time high
38.69 % change on previous year
in 1977
All-time low
-26.31 % change on previous year
in 1983
Years of data
63
1962–2024

Oilcrops, Oil Equivalent — Production, annual growth rate in United States of America, 1962–2024

-2002040196219932024

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

Analysis

In 2024, oilcrops, oil equivalent — production, annual growth rate in United States of America stood at 4.89 % change on previous year.

Compared with earlier readings it is up 312.5% on the previous year and down 71.9% over ten years.

Over the whole period, oilcrops, oil equivalent — production, annual growth rate in United States of America peaked at 38.69 % change on previous year in 1977 and was at its lowest, -26.31 % change on previous year, in 1983.

United States of America ranks 8th 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 United States of America, year by year

Annual values for Oilcrops, Oil Equivalent — Production, annual growth rate in United States of America, 1962 to 2024.
Year % change on previous year Change
1962 2.76 % change on previous year
1963 4.24 % change on previous year +53.4%
1964 -1.28 % change on previous year -130.3%
1965 16.52 % change on previous year -1386.0%
1966 0.2834 % change on previous year -98.3%
1967 1.52 % change on previous year +438.1%
1968 15.24 % change on previous year +899.3%
1969 1.82 % change on previous year -88.1%
1970 -0.3852 % change on previous year -121.2%
1971 3.35 % change on previous year -969.4%
1972 9.66 % change on previous year +188.5%
1973 17.3 % change on previous year +79.1%
1974 -18.87 % change on previous year -209.1%
1975 21.34 % change on previous year -213.1%
1976 -14.34 % change on previous year -167.2%
1977 38.69 % change on previous year -369.8%
1978 4.74 % change on previous year -87.7%
1979 24.7 % change on previous year +420.7%
1980 -24.34 % change on previous year -198.5%
1981 15.22 % change on previous year -162.5%
1982 6.84 % change on previous year -55.1%
1983 -26.31 % change on previous year -484.8%
1984 17.49 % change on previous year -166.5%
1985 9.33 % change on previous year -46.6%
1986 -8.85 % change on previous year -194.8%
1987 1.78 % change on previous year -120.1%
1988 -17.55 % change on previous year -1086.4%
1989 17.5 % change on previous year -199.7%
1990 2.31 % change on previous year -86.8%
1991 7.75 % change on previous year +235.1%
1992 5.16 % change on previous year -33.4%
1993 -12.83 % change on previous year -348.6%
1994 34.72 % change on previous year -370.6%
1995 -13.4 % change on previous year -138.6%
1996 7.6 % change on previous year -156.7%
1997 10.98 % change on previous year +44.4%
1998 3.44 % change on previous year -68.7%
1999 -3 % change on previous year -187.2%
2000 2.56 % change on previous year -185.5%
2001 5.83 % change on previous year +127.5%
2002 -7.16 % change on previous year -223.0%
2003 -8.1 % change on previous year +13.0%
2004 23.36 % change on previous year -388.4%
2005 1.89 % change on previous year -91.9%
2006 -0.9044 % change on previous year -147.9%
2007 -14.07 % change on previous year +1455.4%
2008 8.82 % change on previous year -162.7%
2009 9.67 % change on previous year +9.6%
2010 2.06 % change on previous year -78.7%
2011 -8.17 % change on previous year -496.5%
2012 2.92 % change on previous year -135.7%
2013 4.19 % change on previous year +43.9%
2014 17.4 % change on previous year +314.8%
2015 1.2 % change on previous year -93.1%
2016 8.41 % change on previous year +597.8%
2017 3.37 % change on previous year -59.9%
2018 -0.6102 % change on previous year -118.1%
2019 -16.89 % change on previous year +2668.2%
2020 15.44 % change on previous year -191.4%
2021 4.75 % change on previous year -69.2%
2022 -4.08 % change on previous year -185.9%
2023 -2.3 % change on previous year -43.7%
2024 4.89 % change on previous year -312.5%

Biggest year-on-year movements

Years where Oilcrops, Oil Equivalent — Production, annual growth rate in United States of America 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
2019 -2668.2% -0.6102 % change on previous year -16.89 % change on previous year

Averages by decade

DecadeAverage LowestHighest Years
1960s 5.14 % change on previous year -1.28 % change on previous year 16.52 % change on previous year 8
1970s 8.62 % change on previous year -18.87 % change on previous year 38.69 % change on previous year 10
1980s -0.8878 % change on previous year -26.31 % change on previous year 17.5 % change on previous year 10
1990s 4.27 % change on previous year -13.4 % change on previous year 34.72 % change on previous year 10
2000s 2.19 % change on previous year -14.07 % change on previous year 23.36 % change on previous year 10
2010s 1.39 % change on previous year -16.89 % change on previous year 17.4 % change on previous year 10
2020s 3.74 % change on previous year -4.08 % change on previous year 15.44 % change on previous year 5

Countries ranked near United States of America

  1. 5 Estonia 61.21 % change on previous year compare
  2. 6 Sudan (former) 58.71 % change on previous year compare
  3. 6 Caribbean 6.51 % change on previous year compare
  4. 7 Argentina 55.46 % change on previous year compare
  5. 8 Kazakhstan 51.27 % change on previous year compare
  6. 9 Denmark 46.63 % change on previous year compare
  7. 10 Brunei Darussalam 41.76 % change on previous year compare
  8. 11 Romania 38.42 % change on previous year compare

See the full ranking of 235 places →

More agriculture & rural data for United States of America

All data for United States of America →

Frequently asked questions

What is oilcrops, oil equivalent — production, annual growth rate in United States of America?
Oilcrops, oil equivalent — production, annual growth rate in United States of America was 4.89 % change on previous year in 2024, according to Statizoid (derived).
What is the highest oilcrops, oil equivalent — production, annual growth rate recorded in United States of America?
The highest recorded value was 38.69 % change on previous year in 1977.
What is the lowest oilcrops, oil equivalent — production, annual growth rate recorded in United States of America?
The lowest recorded value was -26.31 % change on previous year in 1983.
How does United States of America rank for oilcrops, oil equivalent — production, annual growth rate?
United States of America ranks 8th out of 31 groups with data for 2024.
Is oilcrops, oil equivalent — production, annual growth rate rising or falling in United States of America?
Over the last ten years it is down 71.9%. The long-run trend across the full record is volatile.
Where does this United States of America 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 United States of America. Statizoid, drawing on Statizoid (derived). Retrieved 16 September 2026, from https://agriculture.statizoid.com/stat/oilcrops-oil-equivalent-production-annual-growth-rate/united-states-of-america/

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<a href="https://agriculture.statizoid.com/stat/oilcrops-oil-equivalent-production-annual-growth-rate/united-states-of-america/">Oilcrops, Oil Equivalent — Production, annual growth rate in United States of America</a> — Statizoid

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.