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GDP from the palm oil industry in Malaysia 2011-2018

In 2018, the gross domestic product from palm oil was estimated to be approximately 38 billion Malaysian ringgit. In that year, palm oil was estimated to have contributed around 38 percent of the agricultural sector GDP, and 2.8 percent to the total GDP of Malaysia.

Gross domestic product (GDP) from the palm oil industry in Malaysia from 2011 to 2018

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Source

Release date

November 2019

Region

Malaysia

Survey time period

2011 to 2018

Supplementary notes

*Values from 2015 onwards are in constant 2015 prices. Values prior to 2015 are in constant 2010 prices.

**Value for 2017 is an estimate. Value for 2018 is preliminary.

Note: 1 ringgit Malaysia (RM) equals to approximately 0.25 U.S. dollars and 0.22 euros (as of January 2020).

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Statistics on "Palm oil industry in Malaysia"

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