Soya beans — Gross Production Value in Least Developed Countries (LDCs)

Least Developed Countries (LDCs): Soya beans — Gross Production Value was 638,410 1000 USD in 2024. ◆ Volatile

Latest (2024)
638,410 1000 USD
Change on year
down 7.9%
Rank
3rd
of 13 groups
All-time high
781,015 1000 USD
in 2022
All-time low
19,831 1000 USD
in 2001
Years of data
34
1991–2024

Soya beans — Gross Production Value in Least Developed Countries (LDCs), 1991–2024

0200.0k400.0k600.0k800.0k1991200720241991: 34.4k 1000 USD1992: 38.1k 1000 USD1993: 26.5k 1000 USD1994: 20.5k 1000 USD1995: 20.3k 1000 USD1996: 55.9k 1000 USD1997: 66.1k 1000 USD1998: 54.9k 1000 USD1999: 23.1k 1000 USD2000: 23.4k 1000 USD2001: 19.8k 1000 USD2002: 31.3k 1000 USD2003: 58.1k 1000 USD2004: 78.3k 1000 USD2005: 139.0k 1000 USD2006: 129.8k 1000 USD2007: 169.3k 1000 USD2008: 238.3k 1000 USD2009: 283.6k 1000 USD2010: 289.2k 1000 USD2011: 304.5k 1000 USD2012: 411.0k 1000 USD2013: 416.5k 1000 USD2014: 395.2k 1000 USD2015: 391.1k 1000 USD2016: 385.4k 1000 USD2017: 497.1k 1000 USD2018: 597.2k 1000 USD2019: 576.2k 1000 USD2020: 649.4k 1000 USD2021: 764.3k 1000 USD2022: 781.0k 1000 USD2023: 693.5k 1000 USD2024: 638.4k 1000 USD

Source: Food and Agriculture Organization of the United Nations. Measured in 1000 USD.

Analysis

In 2024, soya beans — gross production value in Least Developed Countries (LDCs) stood at 638,410 1000 USD.

The figure is down 7.9% on the previous year and up 61.5% over ten years.

Over the whole period, soya beans — gross production value in Least Developed Countries (LDCs) peaked at 781,015 1000 USD in 2022 and was at its lowest, 19,831 1000 USD, in 2001.

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

Soya beans — Gross Production Value in Least Developed Countries (LDCs), year by year

Annual values for Soya beans — Gross Production Value (current thousand US$) in Least Developed Countries (LDCs), 1991 to 2024.
Year 1000 USD Change
1991 34,386 1000 USD —
1992 38,081 1000 USD +10.7%
1993 26,532 1000 USD -30.3%
1994 20,496 1000 USD -22.7%
1995 20,343 1000 USD -0.7%
1996 55,943 1000 USD +175.0%
1997 66,083 1000 USD +18.1%
1998 54,948 1000 USD -16.9%
1999 23,073 1000 USD -58.0%
2000 23,365 1000 USD +1.3%
2001 19,831 1000 USD -15.1%
2002 31,278 1000 USD +57.7%
2003 58,097 1000 USD +85.7%
2004 78,335 1000 USD +34.8%
2005 138,975 1000 USD +77.4%
2006 129,797 1000 USD -6.6%
2007 169,325 1000 USD +30.5%
2008 238,258 1000 USD +40.7%
2009 283,614 1000 USD +19.0%
2010 289,170 1000 USD +2.0%
2011 304,482 1000 USD +5.3%
2012 411,033 1000 USD +35.0%
2013 416,453 1000 USD +1.3%
2014 395,219 1000 USD -5.1%
2015 391,059 1000 USD -1.1%
2016 385,370 1000 USD -1.5%
2017 497,138 1000 USD +29.0%
2018 597,231 1000 USD +20.1%
2019 576,207 1000 USD -3.5%
2020 649,420 1000 USD +12.7%
2021 764,302 1000 USD +17.7%
2022 781,015 1000 USD +2.2%
2023 693,537 1000 USD -11.2%
2024 638,410 1000 USD -7.9%

Biggest year-on-year movements

Years where Soya beans — Gross Production Value in Least Developed Countries (LDCs) 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
1996 +175.0% 20,343 1000 USD 55,943 1000 USD

Averages by decade

DecadeAverage LowestHighest Years
1990s 37,765 1000 USD 20,343 1000 USD 66,083 1000 USD 9
2000s 117,088 1000 USD 19,831 1000 USD 283,614 1000 USD 10
2010s 426,336 1000 USD 289,170 1000 USD 597,231 1000 USD 10
2020s 705,337 1000 USD 638,410 1000 USD 781,015 1000 USD 5

Countries ranked near Least Developed Countries (LDCs)

  1. 1 Brazil 48.29 million 1000 USD compare
  2. 2 Bolivia (Plurinational State of) 1.34 million 1000 USD compare
  3. 2 China 21.37 million 1000 USD compare
  4. 2 China, mainland 21.37 million 1000 USD compare
  5. 4 India 6.43 million 1000 USD compare
  6. 4 Iran (Islamic Republic of) 176,986 1000 USD compare
  7. 5 Paraguay 3.88 million 1000 USD compare
  8. 5 Türkiye 89,158 1000 USD compare
  9. 6 Canada 2.95 million 1000 USD compare
  10. 6 Viet Nam 42,800 1000 USD compare

See the full ranking of 114 places →

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

All data for Least Developed Countries (LDCs) →

Frequently asked questions

What is soya beans — gross production value in Least Developed Countries (LDCs)?
Soya beans — gross production value in Least Developed Countries (LDCs) was 638,410 1000 USD in 2024, according to Food and Agriculture Organization of the United Nations.
What is the highest soya beans — gross production value recorded in Least Developed Countries (LDCs)?
The highest recorded value was 781,015 1000 USD in 2022.
What is the lowest soya beans — gross production value recorded in Least Developed Countries (LDCs)?
The lowest recorded value was 19,831 1000 USD in 2001.
How does Least Developed Countries (LDCs) rank for soya beans — gross production value?
Least Developed Countries (LDCs) ranks 3rd out of 13 groups with data for 2024.
Is soya beans — gross production value rising or falling in Least Developed Countries (LDCs)?
Over the last ten years it is up 61.5%. The long-run trend across the full record is volatile.
Where does this Least Developed Countries (LDCs) data come from?
The figures come from Food and Agriculture Organization of the United Nations, published as part of Soya beans — Gross Production Value (current thousand US$). Statizoid updates them automatically from the source API.

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Soya beans — Gross Production Value in Least Developed Countries (LDCs). Statizoid, drawing on Food and Agriculture Organization of the United Nations. Retrieved 02 October 2026, from https://agriculture.statizoid.com/stat/soya-beans-gross-production-value-current-thousand-us/least-developed-countries-ldcs/

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About this data

Indicator
Soya beans — Gross Production Value (current thousand US$)
Unit
1000 USD
Source
Food and Agriculture Organization of the United Nations
Licence
CC BY-NC-SA 3.0 IGO (FAO)
Coverage
114 places, 3,567 data points, 1991–2024
Last refreshed

The domain provides detailed data on the value of agricultural production that is calculated by the agricultural production data and the price data at farm gate. Thus, the value of production measures the agricultural production in monetary terms at the farm gate level.