Forestry (central government expenditure) — Value Standard Local in Republic of Korea

Republic of Korea: Forestry (central government expenditure) — Value Standard Local was 2.38 million million SLC in 2023. ▲ Rising

Latest (2023)
2.38 million million SLC
Change on year
up 3.6%
World rank
2nd
of 66 countries
All-time high
2.38 million million SLC
in 2023
All-time low
372,000 million SLC
in 2002
Years of data
23
2001–2023

Forestry (central government expenditure) — Value Standard Local in Republic of Korea, 2001–2023

500.0k1.0M1.5M2.0M2.5M2001201220232001: 667.0k million SLC2002: 372.0k million SLC2003: 857.0k million SLC2004: 790.0k million SLC2005: 916.0k million SLC2006: 992.0k million SLC2007: 929.0k million SLC2008: 917.0k million SLC2009: 1.5M million SLC2010: 1.3M million SLC2011: 1.4M million SLC2012: 1.5M million SLC2013: 1.6M million SLC2014: 1.6M million SLC2015: 1.6M million SLC2016: 1.7M million SLC2017: 1.7M million SLC2018: 1.6M million SLC2019: 1.8M million SLC2020: 1.9M million SLC2021: 2.1M million SLC2022: 2.3M million SLC2023: 2.4M million SLC

Source: Food and Agriculture Organization of the United Nations. Measured in million SLC.

Analysis

Republic of Korea recorded 2.38 million million SLC for forestry (central government expenditure) — value standard local in 2023. That is the highest value across all 23 years on record.

Compared with earlier readings it is up 3.6% on the previous year and up 53.3% over ten years.

Over the whole period, forestry (central government expenditure) — value standard local in Republic of Korea peaked at 2.38 million million SLC in 2023 and was at its lowest, 372,000 million SLC, in 2002.

That places Republic of Korea 2nd out of 66 countries with data for 2023, putting it in the top 10%.

The long-run direction has been consistently rising across the 23 years of available data.

Forestry (central government expenditure) — Value Standard Local in Republic of Korea, year by year

Annual values for Forestry (central government expenditure) — Value Standard Local Currency in Republic of Korea, 2001 to 2023.
Year million SLC Change
2001 667,000 million SLC
2002 372,000 million SLC -44.2%
2003 857,000 million SLC +130.4%
2004 790,000 million SLC -7.8%
2005 916,000 million SLC +15.9%
2006 992,000 million SLC +8.3%
2007 929,000 million SLC -6.4%
2008 917,000 million SLC -1.3%
2009 1.46 million million SLC +59.3%
2010 1.32 million million SLC -9.8%
2011 1.40 million million SLC +6.0%
2012 1.51 million million SLC +8.4%
2013 1.55 million million SLC +2.7%
2014 1.56 million million SLC +0.5%
2015 1.61 million million SLC +2.8%
2016 1.69 million million SLC +5.3%
2017 1.69 million million SLC -0.1%
2018 1.63 million million SLC -3.4%
2019 1.79 million million SLC +9.6%
2020 1.85 million million SLC +3.5%
2021 2.11 million million SLC +14.0%
2022 2.30 million million SLC +9.0%
2023 2.38 million million SLC +3.6%

Averages by decade

DecadeAverage LowestHighest Years
2000s 877,889 million SLC 372,000 million SLC 1.46 million million SLC 9
2010s 1.58 million million SLC 1.32 million million SLC 1.79 million million SLC 10
2020s 2.16 million million SLC 1.85 million million SLC 2.38 million million SLC 4

Countries ranked near Republic of Korea

  1. 1 Cabo Verde 20.33 million SLC compare
  2. 1 Indonesia 6.90 million million SLC compare
  3. 1 Viet Nam 509,000 million SLC compare
  4. 3 Egypt 58,384 million SLC compare
  5. 4 Russian Federation 49,693 million SLC compare
  6. 5 Chile 40,498 million SLC compare

See the full ranking of 70 places →

More environment data for Republic of Korea

All data for Republic of Korea →

Frequently asked questions

What is forestry (central government expenditure) — value standard local in Republic of Korea?
Forestry (central government expenditure) — value standard local in Republic of Korea was 2.38 million million SLC in 2023, according to Food and Agriculture Organization of the United Nations.
What is the highest forestry (central government expenditure) — value standard local recorded in Republic of Korea?
The highest recorded value was 2.38 million million SLC in 2023.
What is the lowest forestry (central government expenditure) — value standard local recorded in Republic of Korea?
The lowest recorded value was 372,000 million SLC in 2002.
How does Republic of Korea rank for forestry (central government expenditure) — value standard local?
Republic of Korea ranks 2nd out of 66 countries with data for 2023.
Is forestry (central government expenditure) — value standard local rising or falling in Republic of Korea?
Over the last ten years it is up 53.3%. 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 Forestry (central government expenditure) — Value Standard Local Currency. Statizoid updates them automatically from the source API.

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Forestry (central government expenditure) — Value Standard Local in Republic of Korea. Statizoid, drawing on Food and Agriculture Organization of the United Nations. Retrieved 03 September 2026, from https://environment.statizoid.com/stat/forestry-central-government-expenditure-value-standard-local-currency/republic-of-korea/

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About this data

Indicator
Forestry (central government expenditure) — Value Standard Local Currency
Unit
million SLC
Source
Food and Agriculture Organization of the United Nations
Licence
CC BY-NC-SA 3.0 IGO (FAO)
Coverage
70 places, 888 data points, 2001–2024
Last refreshed

The Statistics Division of FAO collects annually data on Government Expenditure on Agriculture through a questionnaire, which was developed in partnership with the International Monetary Fund (IMF). The IMF is the responsible institution for the Government Finance Statistics (GFS) methodology and annually collects GFS data, including Expenditure by Functions of Government (COFOG). The Classification of the Functions of Government (COFOG) is an international classification developed by Organisation for Economic Co-operation and Development (OECD) and published by the United Nations Statistical Division (UNSD), with the aim of categorise governments' functions according to their purposes. The FAO questionnaire aligns with Table 7 of the IMF GFS questionnaire, replicates the relevant aggregates and drills down to request additional detail related to Agriculture. The FAO dataset consists of a time series, from 2001 onwards, of Total Government Expenditure and expenditure in: Agriculture, Forestry, Fishing and Hunting, along with its three disaggregated subsectors of Agriculture, Forestry and Fishing; and Environmental Protection. In addition, expenditure in each detailed function are further disaggregated into Recurrent and Capital expenditure. Additional indicators include the Agriculture Share of Government Expenditure, and the Agriculture Orientation Index (ratio between the Agriculture Share of Government Expenditure and the Agriculture Value Added as Share of GDP). Data are reported for the highest level of government available (Consolidated general government, consolidated central government or budgetary central government) and are available for about 100 countries on a regular basis.