Soya beans — Gross Production Value in Philippines
Philippines: Soya beans — Gross Production Value was 362 1000 USD in 2024. ◆ Volatile
Soya beans — Gross Production Value in Philippines, 1991–2024
Source: Food and Agriculture Organization of the United Nations. Measured in 1000 USD.
Analysis
Philippines recorded 362 1000 USD for soya beans — gross production value in 2024.
That represents a change of up 2.8% on the previous year and down 1.9% over ten years.
Over the whole period, soya beans — gross production value in Philippines peaked at 1,216 1000 USD in 1995 and was at its lowest, 215 1000 USD, in 2020.
That places Philippines 64th out of 75 countries 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.
Soya beans — Gross Production Value in Philippines, year by year
| Year | 1000 USD | Change |
|---|---|---|
| 1991 | 810 1000 USD | — |
| 1992 | 651 1000 USD | -19.6% |
| 1993 | 780 1000 USD | +19.8% |
| 1994 | 961 1000 USD | +23.2% |
| 1995 | 1,216 1000 USD | +26.5% |
| 1996 | 804 1000 USD | -33.9% |
| 1997 | 684 1000 USD | -14.9% |
| 1998 | 367 1000 USD | -46.3% |
| 1999 | 287 1000 USD | -21.8% |
| 2000 | 281 1000 USD | -2.1% |
| 2001 | 276 1000 USD | -1.8% |
| 2002 | 224 1000 USD | -18.8% |
| 2003 | 236 1000 USD | +5.4% |
| 2004 | 352 1000 USD | +49.2% |
| 2005 | 400 1000 USD | +13.6% |
| 2006 | 418 1000 USD | +4.5% |
| 2007 | 291 1000 USD | -30.4% |
| 2008 | 466 1000 USD | +60.1% |
| 2009 | 379 1000 USD | -18.7% |
| 2010 | 373 1000 USD | -1.6% |
| 2011 | 332 1000 USD | -11.0% |
| 2012 | 270 1000 USD | -18.7% |
| 2013 | 421 1000 USD | +55.9% |
| 2014 | 369 1000 USD | -12.4% |
| 2015 | 284 1000 USD | -23.0% |
| 2016 | 267 1000 USD | -6.0% |
| 2017 | 261 1000 USD | -2.2% |
| 2018 | 254 1000 USD | -2.7% |
| 2019 | 251 1000 USD | -1.2% |
| 2020 | 215 1000 USD | -14.3% |
| 2021 | 225 1000 USD | +4.7% |
| 2022 | 310 1000 USD | +37.8% |
| 2023 | 352 1000 USD | +13.5% |
| 2024 | 362 1000 USD | +2.8% |
Philippines compared with similar countries
- Philippines's 362 1000 USD is below the median for upper middle income countries, which is 14,710 1000 USD, 2% of the median. (25 countries reporting)
- Philippines's 362 1000 USD is below the median for East Asia & Pacific, which is 83,905 1000 USD, 0% of the median. (7 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 728.89 1000 USD | 287 1000 USD | 1,216 1000 USD | 9 |
| 2000s | 332.3 1000 USD | 224 1000 USD | 466 1000 USD | 10 |
| 2010s | 308.2 1000 USD | 251 1000 USD | 421 1000 USD | 10 |
| 2020s | 292.8 1000 USD | 215 1000 USD | 362 1000 USD | 5 |
Countries ranked near Philippines
More agriculture & rural data for Philippines
- Agriculture, forestry, and fishing, value added (current US$), annual -0.2488 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (current US$), per 0.0859 current US$ per US$ of GDP (2025)
- Agriculture, forestry, and fishing, value added (current US$), per 358.34 current US$ per person (2025)
- Rural population, annual growth rate 0.0874 % change on previous year (2025)
- Rural population, per unit of GDP 0.0001 units per US$ of GDP (2025)
- Rural population, per capita 0.4423 units per person (2025)
- Share of GDP from agriculture 8.6% (2025)
- Agriculture as a share of GDP vs. GDP per capita 8.6% (2025)
- Agricultural raw materials exports 1.1% (2024)
- Agricultural raw materials imports 0.6% (2024)
Frequently asked questions
- What is soya beans — gross production value in Philippines?
- Soya beans — gross production value in Philippines was 362 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 Philippines?
- The highest recorded value was 1,216 1000 USD in 1995.
- What is the lowest soya beans — gross production value recorded in Philippines?
- The lowest recorded value was 215 1000 USD in 2020.
- How does Philippines rank for soya beans — gross production value?
- Philippines ranks 64th out of 75 countries with data for 2024.
- Is soya beans — gross production value rising or falling in Philippines?
- Over the last ten years it is down 1.9%. The long-run trend across the full record is volatile.
- Where does this Philippines 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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About this data
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.