Credit to Agriculture, Forestry and Fishing — Ratio of Value Added in Republic of Korea
Republic of Korea: Credit to Agriculture, Forestry and Fishing — Ratio of Value Added was 2.14 in 2024. ▲ Rising
Credit to Agriculture, Forestry and Fishing — Ratio of Value Added in Republic of Korea, 2008–2024
Source: Food and Agriculture Organization of the United Nations.
Analysis
Republic of Korea recorded 2.14 for credit to agriculture, forestry and fishing — ratio of value added in 2024. That is the highest value across all 17 years on record.
Compared with earlier readings it is up 4.6% on the previous year and up 85.9% over ten years.
Over the whole period, credit to agriculture, forestry and fishing — ratio of value added in Republic of Korea peaked at 2.14 in 2024 and was at its lowest, 1.14, in 2016.
Republic of Korea ranks 7th of 119 countries on this measure, in the top 10%.
The long-run direction has been consistently rising across the 17 years of available data.
Credit to Agriculture, Forestry and Fishing — Ratio of Value Added in Republic of Korea, year by year
| Year | Value | Change |
|---|---|---|
| 2008 | 1.87 | — |
| 2009 | 1.6 | -14.5% |
| 2010 | 1.45 | -9.4% |
| 2011 | 1.35 | -6.9% |
| 2012 | 1.29 | -4.0% |
| 2013 | 1.21 | -6.1% |
| 2014 | 1.15 | -5.0% |
| 2015 | 1.15 | +0.2% |
| 2016 | 1.14 | -1.7% |
| 2017 | 1.16 | +2.2% |
| 2018 | 1.24 | +7.1% |
| 2019 | 1.34 | +7.6% |
| 2020 | 1.52 | +13.8% |
| 2021 | 1.56 | +2.3% |
| 2022 | 1.8 | +15.4% |
| 2023 | 2.05 | +14.0% |
| 2024 | 2.14 | +4.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1.73 | 1.6 | 1.87 | 2 |
| 2010s | 1.25 | 1.14 | 1.45 | 10 |
| 2020s | 1.81 | 1.52 | 2.14 | 5 |
Countries ranked near Republic of Korea
- 4 Belgium 2.43 compare
- 5 Republic of Moldova 0.1996 compare
- 5 Switzerland 2.42 compare
- 6 Austria 2.3 compare
- 8 France 2.02 compare
- 8 United Republic of Tanzania 0.07 compare
- 9 Syrian Arab Republic 0.0315 compare
- 9 Australia and New Zealand 1.92 compare
- 10 Germany 1.65 compare
More environment data for Republic of Korea
- Standard Deviation, annual growth rate 0 % change on previous year (2025)
- Standard Deviation 0.504 °C (2025)
- Temperature change 1.9 °C (2025)
- Value Added Deflator (Agriculture, forestry and fishery) — Value 0.1507 % change on previous year (2024)
- Value Added Deflator (Agriculture, forestry and fishery) — Value US$ -4.16 % change on previous year (2024)
- Pesticides (total) — Import value, annual growth rate -14.88 % change on previous year (2024)
- Pesticides (total) — Export value, gaps filled 757,186 1000 USD (2024)
- Pesticides (total) — Export value, annual growth rate 8.01 % change on previous year (2024)
- Nutrient nitrogen N (total) — Import quantity, gaps filled 388,928 t (2024)
- Nutrient nitrogen N (total) — Import quantity, annual growth rate 3.55 % change on previous year (2024)
Frequently asked questions
- What is credit to agriculture, forestry and fishing — ratio of value added in Republic of Korea?
- Credit to agriculture, forestry and fishing — ratio of value added in Republic of Korea was 2.14 in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest credit to agriculture, forestry and fishing — ratio of value added recorded in Republic of Korea?
- The highest recorded value was 2.14 in 2024.
- What is the lowest credit to agriculture, forestry and fishing — ratio of value added recorded in Republic of Korea?
- The lowest recorded value was 1.14 in 2016.
- How does Republic of Korea rank for credit to agriculture, forestry and fishing — ratio of value added?
- Republic of Korea ranks 7th out of 119 countries with data for 2024.
- Is credit to agriculture, forestry and fishing — ratio of value added rising or falling in Republic of Korea?
- Over the last ten years it is up 85.9%. The long-run trend across the full record is rising.
- Where does this Republic of Korea data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Credit to Agriculture, Forestry and Fishing — Ratio of Value Added (Agriculture, Forestry and Fishing) US$, 2015 prices. Statizoid updates them automatically from the source API.
Download this data
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About this data
Credit to agriculture measures the amount of loans and advances given by the banking sector to farmers, rural households, agricultural cooperatives, or any other agri-related businesses. Each country’s central bank compiles its credit stocks by economic activities as part of its monetary and financial statistics publications via annual or quarterly reports online. Data collection has been carried out mostly through reports found on the central bank websites. Data are collected and compiled according to the International Standard Industrial Classification of All Economic Activities (ISIC Rev. 4: https://unstats.un.org/unsd/classifications/Econ/isic) with a special concentration on the credit to agriculture, forestry and fishing sector separately from the ones to manufacturing and services.