Credit to Agriculture, Forestry and Fishing — Value US$, 2015 prices in Republic of Korea
Republic of Korea: Credit to Agriculture, Forestry and Fishing — Value US$, 2015 prices was 58,658 million USD in 2024. ▲ Rising
Credit to Agriculture, Forestry and Fishing — Value US$, 2015 prices in Republic of Korea, 2008–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million USD.
Analysis
In 2024, credit to agriculture, forestry and fishing — value us$, 2015 prices in Republic of Korea stood at 58,658 million USD. That is the highest value across all 17 years on record.
That represents a change of up 7.1% on the previous year and up 73.8% over ten years.
Over the whole period, credit to agriculture, forestry and fishing — value us$, 2015 prices in Republic of Korea peaked at 58,658 million USD in 2024 and was at its lowest, 30,992 million USD, in 2016.
That places Republic of Korea 6th out of 119 countries with data for 2024, putting it in the top 10%.
The long-run direction has been consistently rising across the 17 years of available data.
Credit to Agriculture, Forestry and Fishing — Value US$, 2015 prices in Republic of Korea, year by year
| Year | million USD | Change |
|---|---|---|
| 2008 | 50,284 million USD | — |
| 2009 | 44,980 million USD | -10.5% |
| 2010 | 39,268 million USD | -12.7% |
| 2011 | 36,164 million USD | -7.9% |
| 2012 | 34,562 million USD | -4.4% |
| 2013 | 33,802 million USD | -2.2% |
| 2014 | 33,754 million USD | -0.1% |
| 2015 | 33,734 million USD | -0.1% |
| 2016 | 30,992 million USD | -8.1% |
| 2017 | 32,084 million USD | +3.5% |
| 2018 | 34,105 million USD | +6.3% |
| 2019 | 37,775 million USD | +10.8% |
| 2020 | 40,112 million USD | +6.2% |
| 2021 | 42,432 million USD | +5.8% |
| 2022 | 49,342 million USD | +16.3% |
| 2023 | 54,758 million USD | +11.0% |
| 2024 | 58,658 million USD | +7.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 47,632 million USD | 44,980 million USD | 50,284 million USD | 2 |
| 2010s | 34,624 million USD | 30,992 million USD | 39,268 million USD | 10 |
| 2020s | 49,060 million USD | 40,112 million USD | 58,658 million USD | 5 |
Countries ranked near Republic of Korea
- 3 Iran (Islamic Republic of) 21,406 million USD compare
- 3 Australia and New Zealand 102,303 million USD compare
- 4 Australia 69,327 million USD compare
- 5 France 61,866 million USD compare
- 6 Bolivia (Plurinational State of) 2,180 million USD compare
- 7 Germany 48,310 million USD compare
- 7 United Republic of Tanzania 1,296 million USD compare
- 8 Italy 35,144 million USD compare
- 9 Canada 34,160 million USD compare
- 9 Syrian Arab Republic 178.78 million USD 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)
- Nutrient potash K2O (total) — Agricultural Use, gaps filled 93,268 t (2024)
- Nutrient potash K2O (total) — Agricultural Use, annual growth rate 0.7486 % change on previous year (2024)
- Country area — Area, annual growth rate 0.01 % change on previous year (2024)
- Land area — Area, annual growth rate 0 % change on previous year (2024)
- Agriculture — Area, annual growth rate -0.4464 % change on previous year (2024)
- Agricultural land — Area, annual growth rate -0.4464 % change on previous year (2024)
- Cropland — Area, annual growth rate -0.463 % change on previous year (2024)
Frequently asked questions
- What is credit to agriculture, forestry and fishing — value us$, 2015 prices in Republic of Korea?
- Credit to agriculture, forestry and fishing — value us$, 2015 prices in Republic of Korea was 58,658 million USD in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest credit to agriculture, forestry and fishing — value us$, 2015 prices recorded in Republic of Korea?
- The highest recorded value was 58,658 million USD in 2024.
- What is the lowest credit to agriculture, forestry and fishing — value us$, 2015 prices recorded in Republic of Korea?
- The lowest recorded value was 30,992 million USD in 2016.
- How does Republic of Korea rank for credit to agriculture, forestry and fishing — value us$, 2015 prices?
- Republic of Korea ranks 6th out of 119 countries with data for 2024.
- Is credit to agriculture, forestry and fishing — value us$, 2015 prices rising or falling in Republic of Korea?
- Over the last ten years it is up 73.8%. 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 — Value 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.