Wheat: Gross Production Value (constant 2014-2016 thousand) … annual in Australia

Australia: Wheat: Gross Production Value (constant 2014-2016 thousand) … annual was 21.7 % change on previous year in 2024. ◆ Volatile

Latest (2024)
21.7 % change on previous year
Change on year
up 167.9%
World rank
22nd
of 134 countries
All-time high
157.92 % change on previous year
in 2003
All-time low
-58.3 % change on previous year
in 2002
Years of data
63
1962–2024

Wheat — Gross Production Value (constant 2014-2016 thousand I$) in Australia, 1962–2024

-50050100150196219932024

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

Analysis

The most recent figure for wheat — gross production value (constant 2014-2016 thousand i$) in Australia is 21.7 % change on previous year, measured in 2024.

That represents a change of up 167.9% on the previous year and up 451.8% over ten years.

Over the whole period, wheat — gross production value (constant 2014-2016 thousand i$) in Australia peaked at 157.92 % change on previous year in 2003 and was at its lowest, -58.3 % change on previous year, in 2002.

Australia ranks 22nd of 134 countries on this measure, in the top quarter.

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

Wheat: Gross Production Value (constant 2014-2016 thousand) … annual in Australia, year by year

Annual values for Wheat — Gross Production Value (constant 2014-2016 thousand I$), annual growth rate in Australia, 1962 to 2024.
Year % change on previous year Change
1962 24.17 % change on previous year —
1963 6.84 % change on previous year -71.7%
1964 12.47 % change on previous year +82.2%
1965 -29.59 % change on previous year -337.4%
1966 79.7 % change on previous year -369.3%
1967 -40.57 % change on previous year -150.9%
1968 96.17 % change on previous year -337.0%
1969 -28.76 % change on previous year -129.9%
1970 -25.19 % change on previous year -12.4%
1971 9.08 % change on previous year -136.0%
1972 -23.43 % change on previous year -358.1%
1973 81.9 % change on previous year -449.6%
1974 -5.26 % change on previous year -106.4%
1975 5.5 % change on previous year -204.7%
1976 -1.52 % change on previous year -127.6%
1977 -20.59 % change on previous year +1255.4%
1978 93.06 % change on previous year -551.9%
1979 -10.51 % change on previous year -111.3%
1980 -32.94 % change on previous year +213.3%
1981 50.7 % change on previous year -253.9%
1982 -45.75 % change on previous year -190.2%
1983 148.05 % change on previous year -423.6%
1984 -15.22 % change on previous year -110.3%
1985 -14.29 % change on previous year -6.1%
1986 0.7501 % change on previous year -105.2%
1987 -23.77 % change on previous year -3269.5%
1988 13.41 % change on previous year -156.4%
1989 2.01 % change on previous year -85.0%
1990 5.99 % change on previous year +198.7%
1991 -29.93 % change on previous year -599.5%
1992 39.6 % change on previous year -232.3%
1993 11.81 % change on previous year -70.2%
1994 -45.62 % change on previous year -486.4%
1995 84.18 % change on previous year -284.5%
1996 38.9 % change on previous year -53.8%
1997 -16.14 % change on previous year -141.5%
1998 11.66 % change on previous year -172.2%
1999 15.34 % change on previous year +31.6%
2000 -10.7 % change on previous year -169.8%
2001 9.91 % change on previous year -192.6%
2002 -58.3 % change on previous year -688.2%
2003 157.92 % change on previous year -370.9%
2004 -16.17 % change on previous year -110.2%
2005 14.81 % change on previous year -191.6%
2006 -56.97 % change on previous year -484.6%
2007 25.39 % change on previous year -144.6%
2008 57.86 % change on previous year +127.9%
2009 1.93 % change on previous year -96.7%
2010 25.54 % change on previous year +1222.0%
2011 9.1 % change on previous year -64.4%
2012 -23.57 % change on previous year -359.0%
2013 10.71 % change on previous year -145.4%
2014 -6.17 % change on previous year -157.6%
2015 -6.18 % change on previous year +0.3%
2016 42.85 % change on previous year -793.0%
2017 -34.19 % change on previous year -179.8%
2018 -15.97 % change on previous year -53.3%
2019 -17.71 % change on previous year +10.9%
2020 120.46 % change on previous year -780.0%
2021 13.52 % change on previous year -88.8%
2022 13.69 % change on previous year +1.3%
2023 -31.97 % change on previous year -333.5%
2024 21.7 % change on previous year -167.9%

Australia compared with similar countries

  • Australia's 21.7 % change on previous year is above the median for high income countries, which is 3.71 % change on previous year, 5.8× the median. (41 countries reporting)
  • Australia's 21.7 % change on previous year is above the median for East Asia & Pacific, which is 1.29 % change on previous year, 16.9× the median. (8 countries reporting)

Biggest year-on-year movements

Years where Wheat: Gross Production Value (constant 2014-2016 thousand) … annual in Australia 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
1987 -3269.5% 0.7501 % change on previous year -23.77 % change on previous year

Averages by decade

DecadeAverage LowestHighest Years
1960s 15.05 % change on previous year -40.57 % change on previous year 96.17 % change on previous year 8
1970s 10.3 % change on previous year -25.19 % change on previous year 93.06 % change on previous year 10
1980s 8.3 % change on previous year -45.75 % change on previous year 148.05 % change on previous year 10
1990s 11.58 % change on previous year -45.62 % change on previous year 84.18 % change on previous year 10
2000s 12.57 % change on previous year -58.3 % change on previous year 157.92 % change on previous year 10
2010s -1.56 % change on previous year -34.19 % change on previous year 42.85 % change on previous year 10
2020s 27.48 % change on previous year -31.97 % change on previous year 120.46 % change on previous year 5

Countries ranked near Australia

  1. 19 Palestine 26.5 % change on previous year compare
  2. 20 China, Taiwan Province of 25.03 % change on previous year compare
  3. 21 Iraq 23.22 % change on previous year compare
  4. 23 Australia and New Zealand 21.66 % change on previous year compare
  5. 24 Belgium 21.62 % change on previous year compare
  6. 25 Turkmenistan 20.91 % change on previous year compare

See the full ranking of 164 places →

More agriculture & rural data for Australia

All data for Australia →

Frequently asked questions

What is wheat — gross production value (constant 2014-2016 thousand i$) in Australia?
Wheat — gross production value (constant 2014-2016 thousand i$) in Australia was 21.7 % change on previous year in 2024, according to Statizoid (derived).
What is the highest wheat — gross production value (constant 2014-2016 thousand i$) recorded in Australia?
The highest recorded value was 157.92 % change on previous year in 2003.
What is the lowest wheat — gross production value (constant 2014-2016 thousand i$) recorded in Australia?
The lowest recorded value was -58.3 % change on previous year in 2002.
How does Australia rank for wheat — gross production value (constant 2014-2016 thousand i$)?
Australia ranks 22nd out of 134 countries with data for 2024.
Is wheat — gross production value (constant 2014-2016 thousand i$) rising or falling in Australia?
Over the last ten years it is up 451.8%. The long-run trend across the full record is volatile.
Where does this Australia data come from?
The figures come from Statizoid (derived), published as part of Wheat — Gross Production Value (constant 2014-2016 thousand I$), annual growth rate. Statizoid updates them automatically from the source API.

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Wheat — Gross Production Value (constant 2014-2016 thousand I$) in Australia. Statizoid, drawing on Statizoid (derived). Retrieved 11 October 2026, from https://agriculture.statizoid.com/stat/wheat-gross-production-value-constant-2014-2016-thousand-i-annual-growth-rate/australia/

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<a href="https://agriculture.statizoid.com/stat/wheat-gross-production-value-constant-2014-2016-thousand-i-annual-growth-rate/australia/">Wheat — Gross Production Value (constant 2014-2016 thousand I$) in Australia</a> — Statizoid

How this figure is calculated

The year-on-year percentage change in Wheat — Gross Production Value (constant 2014-2016 thousand I$). 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
Wheat — Gross Production Value (constant 2014-2016 thousand I$), annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
164 places, 8,608 data points, 1962–2024
Last refreshed

The year-on-year percentage change in Wheat — Gross Production Value (constant 2014-2016 thousand I$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.