Oilcrops, Oil Equivalent — Production, annual growth rate in World
World: Oilcrops, Oil Equivalent — Production, annual growth rate was 1.89 % change on previous year in 2024. ◆ Volatile
Latest (2024)
1.89 % change on previous year
Change on year
down 19.0%
Rank
14th
of 31 groups
All-time high
13.4 % change on previous year
in 1977
All-time low
-6.8 % change on previous year
in 1983
Years of data
63
1962–2024
Oilcrops, Oil Equivalent — Production, annual growth rate in World, 1962–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for oilcrops, oil equivalent — production, annual growth rate in World is 1.89 % change on previous year, measured in 2024.
The figure is down 19.0% on the previous year and down 38.1% over ten years.
Over the whole period, oilcrops, oil equivalent — production, annual growth rate in World peaked at 13.4 % change on previous year in 1977 and was at its lowest, -6.8 % change on previous year, in 1983.
World ranks 14th of 31 groups on this measure, 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 World, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1962 | 2.24 % change on previous year | — |
| 1963 | 5.82 % change on previous year | +159.8% |
| 1964 | 1.28 % change on previous year | -78.0% |
| 1965 | 4.49 % change on previous year | +251.0% |
| 1966 | 3.37 % change on previous year | -25.0% |
| 1967 | 2.74 % change on previous year | -18.7% |
| 1968 | 3.07 % change on previous year | +11.9% |
| 1969 | -0.3792 % change on previous year | -112.4% |
| 1970 | 7.18 % change on previous year | -1993.1% |
| 1971 | 5.18 % change on previous year | -27.9% |
| 1972 | -2.73 % change on previous year | -152.7% |
| 1973 | 10.41 % change on previous year | -481.3% |
| 1974 | -2.2 % change on previous year | -121.1% |
| 1975 | 7.47 % change on previous year | -440.2% |
| 1976 | -5.99 % change on previous year | -180.1% |
| 1977 | 13.4 % change on previous year | -323.8% |
| 1978 | 5.98 % change on previous year | -55.3% |
| 1979 | 7.36 % change on previous year | +23.0% |
| 1980 | -2.97 % change on previous year | -140.4% |
| 1981 | 7.74 % change on previous year | -360.6% |
| 1982 | 6.17 % change on previous year | -20.3% |
| 1983 | -6.8 % change on previous year | -210.2% |
| 1984 | 12.12 % change on previous year | -278.3% |
| 1985 | 8.72 % change on previous year | -28.1% |
| 1986 | 0.2286 % change on previous year | -97.4% |
| 1987 | 4.81 % change on previous year | +2003.1% |
| 1988 | 0.7916 % change on previous year | -83.5% |
| 1989 | 5.58 % change on previous year | +605.1% |
| 1990 | 4.32 % change on previous year | -22.7% |
| 1991 | 2.95 % change on previous year | -31.7% |
| 1992 | 1.92 % change on previous year | -34.7% |
| 1993 | 2.17 % change on previous year | +12.6% |
| 1994 | 10.51 % change on previous year | +385.1% |
| 1995 | 4.22 % change on previous year | -59.9% |
| 1996 | 1.05 % change on previous year | -75.2% |
| 1997 | 4.84 % change on previous year | +361.7% |
| 1998 | 4.52 % change on previous year | -6.7% |
| 1999 | 7.28 % change on previous year | +61.3% |
| 2000 | 0.4647 % change on previous year | -93.6% |
| 2001 | 1.63 % change on previous year | +251.2% |
| 2002 | 1.63 % change on previous year | +0.1% |
| 2003 | 8.04 % change on previous year | +392.5% |
| 2004 | 8.26 % change on previous year | +2.6% |
| 2005 | 6.6 % change on previous year | -20.1% |
| 2006 | 2.97 % change on previous year | -55.0% |
| 2007 | -0.3786 % change on previous year | -112.7% |
| 2008 | 8.82 % change on previous year | -2428.9% |
| 2009 | -0.4986 % change on previous year | -105.7% |
| 2010 | 8.56 % change on previous year | -1815.8% |
| 2011 | 5.45 % change on previous year | -36.3% |
| 2012 | -0.5579 % change on previous year | -110.2% |
| 2013 | 9.27 % change on previous year | -1761.6% |
| 2014 | 3.05 % change on previous year | -67.1% |
| 2015 | 2.26 % change on previous year | -26.0% |
| 2016 | 1.37 % change on previous year | -39.2% |
| 2017 | 9.74 % change on previous year | +609.3% |
| 2018 | 1.12 % change on previous year | -88.5% |
| 2019 | 1.4 % change on previous year | +25.4% |
| 2020 | 1.82 % change on previous year | +30.3% |
| 2021 | 4.43 % change on previous year | +142.6% |
| 2022 | -0.3401 % change on previous year | -107.7% |
| 2023 | 2.33 % change on previous year | -786.0% |
| 2024 | 1.89 % change on previous year | -19.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 2.83 % change on previous year | -0.3792 % change on previous year | 5.82 % change on previous year | 8 |
| 1970s | 4.61 % change on previous year | -5.99 % change on previous year | 13.4 % change on previous year | 10 |
| 1980s | 3.64 % change on previous year | -6.8 % change on previous year | 12.12 % change on previous year | 10 |
| 1990s | 4.38 % change on previous year | 1.05 % change on previous year | 10.51 % change on previous year | 10 |
| 2000s | 3.75 % change on previous year | -0.4986 % change on previous year | 8.82 % change on previous year | 10 |
| 2010s | 4.17 % change on previous year | -0.5579 % change on previous year | 9.74 % change on previous year | 10 |
| 2020s | 2.03 % change on previous year | -0.3401 % change on previous year | 4.43 % change on previous year | 5 |
Countries ranked near World
- 11 Romania 38.42 % change on previous year compare
- 12 Lithuania 35.8 % change on previous year compare
- 13 Netherlands (Kingdom of the) 32.23 % change on previous year compare
- 14 Montenegro 31.86 % change on previous year compare
- 15 Türkiye 31.54 % change on previous year compare
- 16 Belgium-Luxembourg 31.45 % change on previous year compare
- 17 Sweden 30.44 % change on previous year compare
More agriculture & rural data for World
- Agriculture, forestry, and fishing, value added (current US$), annual 4.41 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (current US$), per 0.0401 current US$ per US$ of GDP (2025)
- Agriculture, forestry, and fishing, value added (current US$), per 577.68 current US$ per person (2025)
- Rural population, annual growth rate 0.2984 % change on previous year (2025)
- Rural population, per unit of GDP 0 units per US$ of GDP (2025)
- Rural population, per capita 0.4217 units per person (2025)
- Agricultural raw materials exports 1.2% (2024)
- Agricultural raw materials imports 1.2% (2024)
- Rural population 42.2% (2025)
- Rural population growth 0.3% (2025)
Frequently asked questions
- What is oilcrops, oil equivalent — production, annual growth rate in World?
- Oilcrops, oil equivalent — production, annual growth rate in World was 1.89 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest oilcrops, oil equivalent — production, annual growth rate recorded in World?
- The highest recorded value was 13.4 % change on previous year in 1977.
- What is the lowest oilcrops, oil equivalent — production, annual growth rate recorded in World?
- The lowest recorded value was -6.8 % change on previous year in 1983.
- How does World rank for oilcrops, oil equivalent — production, annual growth rate?
- World ranks 14th out of 31 groups with data for 2024.
- Is oilcrops, oil equivalent — production, annual growth rate rising or falling in World?
- Over the last ten years it is down 38.1%. The long-run trend across the full record is volatile.
- Where does this World 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.
Download this data
CSV · JSON — 63 observations, free to reuse under Derived by Statizoid from the sources named on the page.
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
- Oilcrops, Oil Equivalent — Production Food and Agriculture Organization of the United Nations
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
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.