Forestry (central government expenditure) — Value US$, 2015 prices in Republic of Korea
Republic of Korea: Forestry (central government expenditure) — Value US$, 2015 prices was 1,862 million USD in 2023. ▲ Rising
Forestry (central government expenditure) — Value US$, 2015 prices in Republic of Korea, 2001–2023
Source: Food and Agriculture Organization of the United Nations. Measured in million USD.
Analysis
In 2023, forestry (central government expenditure) — value us$, 2015 prices in Republic of Korea stood at 1,862 million USD. That is the highest value across all 23 years on record.
That represents a change of up 1.6% on the previous year and up 29.9% over ten years.
Over the whole period, forestry (central government expenditure) — value us$, 2015 prices in Republic of Korea peaked at 1,862 million USD in 2023 and was at its lowest, 430.99 million USD, in 2002.
Republic of Korea ranks 2nd of 66 countries on this measure, in the top 10%.
The long-run direction has been consistently rising across the 23 years of available data.
Forestry (central government expenditure) — Value US$, 2015 prices in Republic of Korea, year by year
| Year | million USD | Change |
|---|---|---|
| 2001 | 796.04 million USD | — |
| 2002 | 430.99 million USD | -45.9% |
| 2003 | 958.73 million USD | +122.4% |
| 2004 | 855.87 million USD | -10.7% |
| 2005 | 981.21 million USD | +14.6% |
| 2006 | 1,064 million USD | +8.5% |
| 2007 | 972.35 million USD | -8.6% |
| 2008 | 932.39 million USD | -4.1% |
| 2009 | 1,435 million USD | +53.9% |
| 2010 | 1,260 million USD | -12.2% |
| 2011 | 1,319 million USD | +4.7% |
| 2012 | 1,411 million USD | +7.0% |
| 2013 | 1,434 million USD | +1.6% |
| 2014 | 1,427 million USD | -0.5% |
| 2015 | 1,421 million USD | -0.4% |
| 2016 | 1,466 million USD | +3.2% |
| 2017 | 1,436 million USD | -2.1% |
| 2018 | 1,379 million USD | -4.0% |
| 2019 | 1,520 million USD | +10.3% |
| 2020 | 1,549 million USD | +1.9% |
| 2021 | 1,711 million USD | +10.5% |
| 2022 | 1,832 million USD | +7.1% |
| 2023 | 1,862 million USD | +1.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 936.35 million USD | 430.99 million USD | 1,435 million USD | 9 |
| 2010s | 1,407 million USD | 1,260 million USD | 1,520 million USD | 10 |
| 2020s | 1,739 million USD | 1,549 million USD | 1,862 million USD | 4 |
Countries ranked near Republic of Korea
More environment data for Republic of Korea
- Standard Deviation, annual growth rate 0 % change on previous year (2025)
- Temperature change 1.9 °C (2025)
- Standard Deviation 0.504 °C (2025)
- Agricultural land — Value of agricultural production (Int. $) per Area 9,980 USD_PPP/ha (2024)
- Cropland — Area per capita 0.03 ha/cap (2024)
- Cropland — Share in Land area 15.42 % (2024)
- Cropland — Share in Agricultural land 96.41 % (2024)
- Cropland — Area 1,505 1000 ha (2024)
- Agriculture — Area 1,561 1000 ha (2024)
- Country area — Area 10,046 1000 ha (2024)
Frequently asked questions
- What is forestry (central government expenditure) — value us$, 2015 prices in Republic of Korea?
- Forestry (central government expenditure) — value us$, 2015 prices in Republic of Korea was 1,862 million USD in 2023, according to Food and Agriculture Organization of the United Nations.
- What is the highest forestry (central government expenditure) — value us$, 2015 prices recorded in Republic of Korea?
- The highest recorded value was 1,862 million USD in 2023.
- What is the lowest forestry (central government expenditure) — value us$, 2015 prices recorded in Republic of Korea?
- The lowest recorded value was 430.99 million USD in 2002.
- How does Republic of Korea rank for forestry (central government expenditure) — value us$, 2015 prices?
- Republic of Korea ranks 2nd out of 66 countries with data for 2023.
- Is forestry (central government expenditure) — value us$, 2015 prices rising or falling in Republic of Korea?
- Over the last ten years it is up 29.9%. The long-run trend across the full record is rising.
- Where does this Republic of Korea data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Forestry (central government expenditure) — Value US$, 2015 prices. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 23 observations, free to reuse under CC BY-NC-SA 3.0 IGO (FAO).
About this data
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.