Vegetable oil vs gdp, annual growth rate in Australia
Australia: Vegetable oil vs gdp, annual growth rate was 0.1593 % change on previous year in 2023. ◆ Volatile
Latest (2023)
0.1593 % change on previous year
Change on year
down 96.9%
World rank
96th
of 184 countries
All-time high
32.02 % change on previous year
in 1970
All-time low
-10.83 % change on previous year
in 1971
Years of data
62
1962–2023
Vegetable oil vs gdp, annual growth rate in Australia, 1962–2023
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for vegetable oil vs gdp, annual growth rate in Australia is 0.1593 % change on previous year, measured in 2023.
That represents a change of down 96.9% on the previous year and up 102.1% over ten years.
Over the whole period, vegetable oil vs gdp, annual growth rate in Australia peaked at 32.02 % change on previous year in 1970 and was at its lowest, -10.83 % change on previous year, in 1971.
Australia ranks 96th of 184 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Vegetable oil vs gdp, annual growth rate in Australia, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1962 | -1.61 % change on previous year | — |
| 1963 | 18.42 % change on previous year | -1241.6% |
| 1964 | 8.9 % change on previous year | -51.7% |
| 1965 | 3.08 % change on previous year | -65.4% |
| 1966 | 8.39 % change on previous year | +172.2% |
| 1967 | -6.1 % change on previous year | -172.7% |
| 1968 | 2.74 % change on previous year | -145.0% |
| 1969 | 7.83 % change on previous year | +185.3% |
| 1970 | 32.02 % change on previous year | +309.0% |
| 1971 | -10.83 % change on previous year | -133.8% |
| 1972 | 21.02 % change on previous year | -294.2% |
| 1973 | 4.72 % change on previous year | -77.5% |
| 1974 | 3.1 % change on previous year | -34.3% |
| 1975 | 3.83 % change on previous year | +23.4% |
| 1976 | -0.5782 % change on previous year | -115.1% |
| 1977 | 24.48 % change on previous year | -4334.7% |
| 1978 | 0.9936 % change on previous year | -95.9% |
| 1979 | 14.91 % change on previous year | +1400.6% |
| 1980 | 8.24 % change on previous year | -44.7% |
| 1981 | -5.86 % change on previous year | -171.1% |
| 1982 | 5.6 % change on previous year | -195.5% |
| 1983 | -0.4406 % change on previous year | -107.9% |
| 1984 | -9.99 % change on previous year | +2167.1% |
| 1985 | 17.97 % change on previous year | -279.9% |
| 1986 | 3.29 % change on previous year | -81.7% |
| 1987 | 9.48 % change on previous year | +188.2% |
| 1988 | -2.02 % change on previous year | -121.3% |
| 1989 | 5.97 % change on previous year | -395.6% |
| 1990 | 3.22 % change on previous year | -46.0% |
| 1991 | 9.01 % change on previous year | +179.9% |
| 1992 | 6.62 % change on previous year | -26.6% |
| 1993 | -0.7674 % change on previous year | -111.6% |
| 1994 | -6.6 % change on previous year | +759.6% |
| 1995 | -0.3361 % change on previous year | -94.9% |
| 1996 | 1.85 % change on previous year | -649.1% |
| 1997 | 6.51 % change on previous year | +252.8% |
| 1998 | -2.56 % change on previous year | -139.4% |
| 1999 | 10.55 % change on previous year | -511.4% |
| 2000 | -3.77 % change on previous year | -135.7% |
| 2001 | 9.56 % change on previous year | -353.8% |
| 2002 | -6.3 % change on previous year | -165.9% |
| 2003 | -5.8 % change on previous year | -7.9% |
| 2004 | 25.11 % change on previous year | -533.1% |
| 2005 | -0.1006 % change on previous year | -100.4% |
| 2006 | -2.31 % change on previous year | +2195.7% |
| 2007 | -3.83 % change on previous year | +65.9% |
| 2008 | -1.07 % change on previous year | -72.2% |
| 2009 | 7.35 % change on previous year | -789.6% |
| 2010 | 6.39 % change on previous year | -13.0% |
| 2011 | 4.83 % change on previous year | -24.5% |
| 2012 | 0.3603 % change on previous year | -92.5% |
| 2013 | -7.62 % change on previous year | -2214.6% |
| 2014 | 6.69 % change on previous year | -187.8% |
| 2015 | -2.95 % change on previous year | -144.1% |
| 2016 | 0.7089 % change on previous year | -124.0% |
| 2017 | -1.9 % change on previous year | -368.7% |
| 2018 | 0.6754 % change on previous year | -135.5% |
| 2019 | -0.8386 % change on previous year | -224.2% |
| 2020 | -9.26 % change on previous year | +1004.3% |
| 2021 | 11.32 % change on previous year | -222.3% |
| 2022 | 5.11 % change on previous year | -54.9% |
| 2023 | 0.1593 % change on previous year | -96.9% |
Australia compared with similar countries
- Australia's 0.1593 % change on previous year is below the median for high income countries, which is 0.8288 % change on previous year, 19% of the median. (60 countries reporting)
- Australia's 0.1593 % change on previous year is above the median for East Asia & Pacific, which is 0.1593 % change on previous year, 1.0× the median. (27 countries reporting)
Biggest year-on-year movements
Years where Vegetable oil vs gdp, annual growth rate 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.
| Year | Change | From | To |
|---|---|---|---|
| 1977 | +4334.7% | -0.5782 % change on previous year | 24.48 % change on previous year |
| 2013 | -2214.6% | 0.3603 % change on previous year | -7.62 % change on previous year |
| 2006 | -2195.7% | -0.1006 % change on previous year | -2.31 % change on previous year |
| 1984 | -2167.1% | -0.4406 % change on previous year | -9.99 % change on previous year |
| 1979 | +1400.6% | 0.9936 % change on previous year | 14.91 % change on previous year |
| 1963 | +1241.6% | -1.61 % change on previous year | 18.42 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 5.21 % change on previous year | -6.1 % change on previous year | 18.42 % change on previous year | 8 |
| 1970s | 9.37 % change on previous year | -10.83 % change on previous year | 32.02 % change on previous year | 10 |
| 1980s | 3.22 % change on previous year | -9.99 % change on previous year | 17.97 % change on previous year | 10 |
| 1990s | 2.75 % change on previous year | -6.6 % change on previous year | 10.55 % change on previous year | 10 |
| 2000s | 1.89 % change on previous year | -6.3 % change on previous year | 25.11 % change on previous year | 10 |
| 2010s | 0.634 % change on previous year | -7.62 % change on previous year | 6.69 % change on previous year | 10 |
| 2020s | 1.83 % change on previous year | -9.26 % change on previous year | 11.32 % change on previous year | 4 |
Countries ranked near Australia
- 93 Lithuania 0.2481 % change on previous year compare
- 94 Netherlands Antilles 0.2425 % change on previous year compare
- 95 Lebanon 0.2013 % change on previous year compare
- 97 Kuwait -0.3537 % change on previous year compare
- 98 Japan -0.5579 % change on previous year compare
- 99 Samoa -0.6257 % change on previous year compare
More energy & mining data for Australia
- Fossil fuel consumption by fuel, per capita 0 terawatt-hours per person (2025)
- Fossil fuel consumption by fuel, per unit of GDP 0 terawatt-hours per US$ of GDP (2025)
- Primary energy use, annual growth rate -0.4235 % change on previous year (2025)
- Coal consumption, per capita 0 terawatt-hours per person (2025)
- Coal consumption, per unit of GDP 0 terawatt-hours per US$ of GDP (2025)
- Primary energy use, per unit of GDP 0 terawatt-hours per US$ of GDP (2025)
- Primary energy use, per capita 0.0001 terawatt-hours per person (2025)
- Coal production, per capita 0.0001 terawatt-hours per person (2025)
- Coal production, per unit of GDP 0 terawatt-hours per US$ of GDP (2025)
- Fuel imports 11.7% (2025)
Frequently asked questions
- What is vegetable oil vs gdp, annual growth rate in Australia?
- Vegetable oil vs gdp, annual growth rate in Australia was 0.1593 % change on previous year in 2023, according to Statizoid (derived).
- What is the highest vegetable oil vs gdp, annual growth rate recorded in Australia?
- The highest recorded value was 32.02 % change on previous year in 1970.
- What is the lowest vegetable oil vs gdp, annual growth rate recorded in Australia?
- The lowest recorded value was -10.83 % change on previous year in 1971.
- How does Australia rank for vegetable oil vs gdp, annual growth rate?
- Australia ranks 96th out of 184 countries with data for 2023.
- Is vegetable oil vs gdp, annual growth rate rising or falling in Australia?
- Over the last ten years it is up 102.1%. 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 Vegetable oil vs gdp, annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 62 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Vegetable oil vs gdp. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Vegetable oil supply per person vs. GDP per capita Food and Agriculture Organization of the United Nations (2025) – processed by Our World in Data
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
The year-on-year percentage change in Vegetable oil vs gdp. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.