Wheat — Gross Production Value in World

World: Wheat — Gross Production Value was 198.41 million 1000 USD in 2024. ▲ Rising

Latest (2024)
198.41 million 1000 USD
Change on year
up 1.4%
Rank
1st
of 26 groups
All-time high
198.41 million 1000 USD
in 2024
All-time low
36.16 million 1000 USD
in 1961
Years of data
64
1961–2024

Wheat — Gross Production Value in World, 1961–2024

50.0M100.0M150.0M200.0M196119922024

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

Analysis

In 2024, wheat — gross production value in World stood at 198.41 million 1000 USD. That is the highest value across all 64 years on record.

Compared with earlier readings it is up 1.4% on the previous year and up 10.6% over ten years.

Over the whole period, wheat — gross production value in World peaked at 198.41 million 1000 USD in 2024 and was at its lowest, 36.16 million 1000 USD, in 1961.

World ranks 1st of 26 groups on this measure, in the top 10%.

The long-run direction has been consistently rising across the 64 years of available data.

Wheat — Gross Production Value in World, year by year

Annual values for Wheat — Gross Production Value (constant 2014-2016 thousand US$) in World, 1961 to 2024.
Year 1000 USD Change
1961 36.16 million 1000 USD —
1962 41.80 million 1000 USD +15.6%
1963 42.32 million 1000 USD +1.2%
1964 45.09 million 1000 USD +6.6%
1965 48.08 million 1000 USD +6.6%
1966 48.20 million 1000 USD +0.3%
1967 50.97 million 1000 USD +5.7%
1968 55.58 million 1000 USD +9.1%
1969 54.08 million 1000 USD -2.7%
1970 51.93 million 1000 USD -4.0%
1971 59.66 million 1000 USD +14.9%
1972 62.27 million 1000 USD +4.4%
1973 62.14 million 1000 USD -0.2%
1974 65.42 million 1000 USD +5.3%
1975 70.16 million 1000 USD +7.2%
1976 78.30 million 1000 USD +11.6%
1977 69.41 million 1000 USD -11.4%
1978 79.45 million 1000 USD +14.5%
1979 83.79 million 1000 USD +5.5%
1980 83.16 million 1000 USD -0.8%
1981 89.69 million 1000 USD +7.9%
1982 95.99 million 1000 USD +7.0%
1983 102.61 million 1000 USD +6.9%
1984 110.14 million 1000 USD +7.3%
1985 106.44 million 1000 USD -3.4%
1986 111.27 million 1000 USD +4.5%
1987 107.14 million 1000 USD -3.7%
1988 106.21 million 1000 USD -0.9%
1989 113.24 million 1000 USD +6.6%
1990 122.00 million 1000 USD +7.7%
1991 117.39 million 1000 USD -3.8%
1992 127.49 million 1000 USD +8.6%
1993 131.19 million 1000 USD +2.9%
1994 128.04 million 1000 USD -2.4%
1995 132.56 million 1000 USD +3.5%
1996 143.12 million 1000 USD +8.0%
1997 149.28 million 1000 USD +4.3%
1998 146.01 million 1000 USD -2.2%
1999 145.32 million 1000 USD -0.5%
2000 143.66 million 1000 USD -1.1%
2001 141.35 million 1000 USD -1.6%
2002 137.50 million 1000 USD -2.7%
2003 138.60 million 1000 USD +0.8%
2004 151.85 million 1000 USD +9.6%
2005 151.44 million 1000 USD -0.3%
2006 149.23 million 1000 USD -1.5%
2007 150.89 million 1000 USD +1.1%
2008 162.28 million 1000 USD +7.5%
2009 165.78 million 1000 USD +2.2%
2010 161.59 million 1000 USD -2.5%
2011 169.84 million 1000 USD +5.1%
2012 164.96 million 1000 USD -2.9%
2013 175.17 million 1000 USD +6.2%
2014 179.45 million 1000 USD +2.4%
2015 180.94 million 1000 USD +0.8%
2016 187.06 million 1000 USD +3.4%
2017 186.25 million 1000 USD -0.4%
2018 181.14 million 1000 USD -2.7%
2019 186.70 million 1000 USD +3.1%
2020 191.20 million 1000 USD +2.4%
2021 193.45 million 1000 USD +1.2%
2022 197.55 million 1000 USD +2.1%
2023 195.76 million 1000 USD -0.9%
2024 198.41 million 1000 USD +1.4%

Averages by decade

DecadeAverage LowestHighest Years
1960s 46.92 million 1000 USD 36.16 million 1000 USD 55.58 million 1000 USD 9
1970s 68.25 million 1000 USD 51.93 million 1000 USD 83.79 million 1000 USD 10
1980s 102.59 million 1000 USD 83.16 million 1000 USD 113.24 million 1000 USD 10
1990s 134.24 million 1000 USD 117.39 million 1000 USD 149.28 million 1000 USD 10
2000s 149.26 million 1000 USD 137.50 million 1000 USD 165.78 million 1000 USD 10
2010s 177.31 million 1000 USD 161.59 million 1000 USD 187.06 million 1000 USD 10
2020s 195.28 million 1000 USD 191.20 million 1000 USD 198.41 million 1000 USD 5

Countries ranked near World

  1. 1 China 53.56 million 1000 USD compare
  2. 1 China, mainland 53.56 million 1000 USD compare
  3. 2 Iran (Islamic Republic of) 6.72 million 1000 USD compare
  4. 3 India 32.17 million 1000 USD compare
  5. 3 Türkiye 6.16 million 1000 USD compare
  6. 4 Russian Federation 12.50 million 1000 USD compare

See the full ranking of 135 places →

More agriculture & rural data for World

All data for World →

Frequently asked questions

What is wheat — gross production value in World?
Wheat — gross production value in World was 198.41 million 1000 USD in 2024, according to Food and Agriculture Organization of the United Nations.
What is the highest wheat — gross production value recorded in World?
The highest recorded value was 198.41 million 1000 USD in 2024.
What is the lowest wheat — gross production value recorded in World?
The lowest recorded value was 36.16 million 1000 USD in 1961.
How does World rank for wheat — gross production value?
World ranks 1st out of 26 groups with data for 2024.
Is wheat — gross production value rising or falling in World?
Over the last ten years it is up 10.6%. The long-run trend across the full record is rising.
Where does this World data come from?
The figures come from Food and Agriculture Organization of the United Nations, published as part of Wheat — Gross Production Value (constant 2014-2016 thousand US$). Statizoid updates them automatically from the source API.

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Wheat — Gross Production Value in World. Statizoid, drawing on Food and Agriculture Organization of the United Nations. Retrieved 05 October 2026, from https://agriculture.statizoid.com/stat/wheat-gross-production-value-constant-2014-2016-thousand-us/world/

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About this data

Indicator
Wheat — Gross Production Value (constant 2014-2016 thousand US$)
Unit
1000 USD
Source
Food and Agriculture Organization of the United Nations
Licence
CC BY-NC-SA 3.0 IGO (FAO)
Coverage
135 places, 7,283 data points, 1961–2024
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.