Credit to Agriculture, Forestry and Fishing — Value US$ in Republic of Korea
Republic of Korea: Credit to Agriculture, Forestry and Fishing — Value US$ was 56,311 million USD in 2024. ▲ Rising
Credit to Agriculture, Forestry and Fishing — Value US$ in Republic of Korea, 2008–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million USD.
Analysis
The most recent figure for credit to agriculture, forestry and fishing — value us$ in Republic of Korea is 56,311 million USD, measured in 2024. That is the highest value across all 17 years on record.
The figure is up 4.9% on the previous year and up 60.3% over ten years.
Over the whole period, credit to agriculture, forestry and fishing — value us$ in Republic of Korea peaked at 56,311 million USD in 2024 and was at its lowest, 30,818 million USD, in 2016.
That places Republic of Korea 7th 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$ in Republic of Korea, year by year
| Year | million USD | Change |
|---|---|---|
| 2008 | 44,954 million USD | — |
| 2009 | 35,848 million USD | -20.3% |
| 2010 | 35,504 million USD | -1.0% |
| 2011 | 34,556 million USD | -2.7% |
| 2012 | 32,900 million USD | -4.8% |
| 2013 | 33,469 million USD | +1.7% |
| 2014 | 35,124 million USD | +4.9% |
| 2015 | 33,734 million USD | -4.0% |
| 2016 | 30,818 million USD | -8.6% |
| 2017 | 33,406 million USD | +8.4% |
| 2018 | 36,712 million USD | +9.9% |
| 2019 | 38,148 million USD | +3.9% |
| 2020 | 40,631 million USD | +6.5% |
| 2021 | 45,756 million USD | +12.6% |
| 2022 | 47,982 million USD | +4.9% |
| 2023 | 53,671 million USD | +11.9% |
| 2024 | 56,311 million USD | +4.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 40,401 million USD | 35,848 million USD | 44,954 million USD | 2 |
| 2010s | 34,437 million USD | 30,818 million USD | 38,148 million USD | 10 |
| 2020s | 48,870 million USD | 40,631 million USD | 56,311 million USD | 5 |
Countries ranked near Republic of Korea
- 4 Australia 84,702 million USD compare
- 4 Iran (Islamic Republic of) 21,976 million USD compare
- 5 France 72,722 million USD compare
- 6 Bolivia (Plurinational State of) 2,350 million USD compare
- 6 Germany 61,143 million USD compare
- 7 United Republic of Tanzania 1,372 million USD compare
- 8 Canada 41,752 million USD compare
- 9 Italy 41,377 million USD compare
- 9 Republic of Moldova 287.32 million USD compare
- 10 New Zealand 37,950 million USD compare
- 10 Syrian Arab Republic 279.26 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)
- Land area equipped for irrigation — Area, annual growth rate 0 % change on previous year (2024)
- Value Added (Agriculture, Forestry and Fishing) — Value Standard 2.56 % change on previous year (2024)
- Value Added (Agriculture, Forestry and Fishing) — Value US$, annual -1.85 % change on previous year (2024)
- Value Added (Agriculture, Forestry and Fishing) — Value Standard 2.4 % change on previous year (2024)
- Value Added (Agriculture, Forestry and Fishing) — Value US$, 2015 2.4 % change on previous year (2024)
- Primary wood and paper products (export/import) — Import value -1.33 % change on previous year (2024)
- Primary wood and paper products (export/import) — Export value -4.56 % change on previous year (2024)
Frequently asked questions
- What is credit to agriculture, forestry and fishing — value us$ in Republic of Korea?
- Credit to agriculture, forestry and fishing — value us$ in Republic of Korea was 56,311 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$ recorded in Republic of Korea?
- The highest recorded value was 56,311 million USD in 2024.
- What is the lowest credit to agriculture, forestry and fishing — value us$ recorded in Republic of Korea?
- The lowest recorded value was 30,818 million USD in 2016.
- How does Republic of Korea rank for credit to agriculture, forestry and fishing — value us$?
- Republic of Korea ranks 7th out of 119 countries with data for 2024.
- Is credit to agriculture, forestry and fishing — value us$ rising or falling in Republic of Korea?
- Over the last ten years it is up 60.3%. 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$. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 17 observations, free to reuse under CC BY-NC-SA 3.0 IGO (FAO).
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.