Value Added (Agriculture, Forestry and Fishing) — Value Standard in Republic of Korea
Republic of Korea: Value Added (Agriculture, Forestry and Fishing) — Value Standard was 35.20 million million SLC in 2024. ◆ Volatile
Value Added (Agriculture, Forestry and Fishing) — Value Standard in Republic of Korea, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million SLC.
Analysis
Republic of Korea recorded 35.20 million million SLC for value added (agriculture, forestry and fishing) — value standard in 2024.
Compared with earlier readings it is up 2.6% on the previous year and up 10.1% over ten years.
Over the whole period, value added (agriculture, forestry and fishing) — value standard in Republic of Korea peaked at 37.00 million million SLC in 2021 and was at its lowest, 740,700 million SLC, in 1970.
Republic of Korea ranks 10th of 199 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Value Added (Agriculture, Forestry and Fishing) — Value Standard in Republic of Korea, year by year
| Year | million SLC | Change |
|---|---|---|
| 1970 | 740,700 million SLC | — |
| 1971 | 932,900 million SLC | +25.9% |
| 1972 | 1.13 million million SLC | +21.2% |
| 1973 | 1.36 million million SLC | +20.2% |
| 1974 | 1.91 million million SLC | +40.5% |
| 1975 | 2.58 million million SLC | +35.1% |
| 1976 | 3.33 million million SLC | +29.2% |
| 1977 | 4.05 million million SLC | +21.6% |
| 1978 | 5.01 million million SLC | +23.5% |
| 1979 | 6.00 million million SLC | +19.9% |
| 1980 | 5.66 million million SLC | -5.6% |
| 1981 | 7.46 million million SLC | +31.6% |
| 1982 | 8.01 million million SLC | +7.5% |
| 1983 | 8.59 million million SLC | +7.1% |
| 1984 | 9.32 million million SLC | +8.6% |
| 1985 | 10.35 million million SLC | +11.0% |
| 1986 | 10.72 million million SLC | +3.7% |
| 1987 | 11.31 million million SLC | +5.5% |
| 1988 | 13.45 million million SLC | +18.9% |
| 1989 | 14.14 million million SLC | +5.2% |
| 1990 | 15.24 million million SLC | +7.7% |
| 1991 | 16.52 million million SLC | +8.5% |
| 1992 | 18.31 million million SLC | +10.8% |
| 1993 | 18.61 million million SLC | +1.6% |
| 1994 | 21.04 million million SLC | +13.1% |
| 1995 | 23.25 million million SLC | +10.5% |
| 1996 | 24.31 million million SLC | +4.6% |
| 1997 | 24.21 million million SLC | -0.4% |
| 1998 | 22.66 million million SLC | -6.4% |
| 1999 | 25.09 million million SLC | +10.7% |
| 2000 | 25.05 million million SLC | -0.2% |
| 2001 | 25.11 million million SLC | +0.2% |
| 2002 | 25.05 million million SLC | -0.2% |
| 2003 | 24.70 million million SLC | -1.4% |
| 2004 | 26.74 million million SLC | +8.2% |
| 2005 | 24.94 million million SLC | -6.7% |
| 2006 | 24.97 million million SLC | +0.1% |
| 2007 | 24.72 million million SLC | -1.0% |
| 2008 | 24.56 million million SLC | -0.7% |
| 2009 | 26.84 million million SLC | +9.3% |
| 2010 | 28.20 million million SLC | +5.1% |
| 2011 | 30.53 million million SLC | +8.3% |
| 2012 | 31.33 million million SLC | +2.6% |
| 2013 | 31.34 million million SLC | +0.0% |
| 2014 | 31.98 million million SLC | +2.0% |
| 2015 | 33.05 million million SLC | +3.3% |
| 2016 | 31.88 million million SLC | -3.5% |
| 2017 | 33.17 million million SLC | +4.0% |
| 2018 | 32.10 million million SLC | -3.2% |
| 2019 | 30.75 million million SLC | -4.2% |
| 2020 | 32.48 million million SLC | +5.6% |
| 2021 | 37.00 million million SLC | +13.9% |
| 2022 | 33.66 million million SLC | -9.0% |
| 2023 | 34.33 million million SLC | +2.0% |
| 2024 | 35.20 million million SLC | +2.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 2.71 million million SLC | 740,700 million SLC | 6.00 million million SLC | 10 |
| 1980s | 9.90 million million SLC | 5.66 million million SLC | 14.14 million million SLC | 10 |
| 1990s | 20.93 million million SLC | 15.24 million million SLC | 25.09 million million SLC | 10 |
| 2000s | 25.27 million million SLC | 24.56 million million SLC | 26.84 million million SLC | 10 |
| 2010s | 31.43 million million SLC | 28.20 million million SLC | 33.17 million million SLC | 10 |
| 2020s | 34.53 million million SLC | 32.48 million million SLC | 37.00 million million SLC | 5 |
Countries ranked near Republic of Korea
- 7 Nigeria 56.48 million million SLC compare
- 7 Türkiye 2.43 million million SLC compare
- 8 Democratic People's Republic of Korea 406,904 million SLC compare
- 8 India 52.44 million million SLC compare
- 9 Uganda 50.81 million million SLC compare
- 9 Venezuela (Bolivarian Republic of) 52,703 million SLC compare
- 10 Bolivia (Plurinational State of) 45,282 million SLC compare
- 11 Paraguay 34.94 million million SLC compare
- 11 Republic of Moldova 30,081 million SLC compare
- 12 Argentina 34.65 million million SLC compare
- 12 Timor-Leste 370.23 million SLC compare
- 13 Cambodia 31.19 million million SLC compare
- 13 Micronesia (Federated States of) 107.5 million SLC 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 value added (agriculture, forestry and fishing) — value standard in Republic of Korea?
- Value added (agriculture, forestry and fishing) — value standard in Republic of Korea was 35.20 million million SLC in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest value added (agriculture, forestry and fishing) — value standard recorded in Republic of Korea?
- The highest recorded value was 37.00 million million SLC in 2021.
- What is the lowest value added (agriculture, forestry and fishing) — value standard recorded in Republic of Korea?
- The lowest recorded value was 740,700 million SLC in 1970.
- How does Republic of Korea rank for value added (agriculture, forestry and fishing) — value standard?
- Republic of Korea ranks 10th out of 199 countries with data for 2024.
- Is value added (agriculture, forestry and fishing) — value standard rising or falling in Republic of Korea?
- Over the last ten years it is up 10.1%. The long-run trend across the full record is volatile.
- 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 Value Added (Agriculture, Forestry and Fishing) — Value Standard Local Currency. Statizoid updates them automatically from the source API.
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About this data
The FAOSTAT Macro Indicators database provides a selection of country-level macro indicators relating to total economy (Gross Domestic Product, Gross Fixed Capital Formation); agriculture activity; agriculture, forestry and fishing activity; total manufacturing activity; manufacturing of food products and beverages activity; manufacturing activity of tobacco products; and manufacturing activity of food, beverage and tobacco products.It releases time series for a selection of National Accounts variables, including gross domestic product, gross fixed capital formation, industry-level value added and gross output. The database also proposes additional indicators such as gross domestic product per capita, year-on-year growth rates and measures of industry contribution to gross domestic product. All data relating to Gross Domestic Product, Gross Fixed Capital Formation, agriculture, forestry and fishing activity, and to total manufacturing activity originates from the United Nations Statistics Division (UNSD) National Accounts Estimates of Main Aggregates database, which consists of a complete and consistent set of time series of the main National Accounts aggregates of all UN Members States and other territories in the world for which National Accounts information is available. The UNSD database's content is based on the countries' official National Accounts data reported to UNSD through the annual National Accounts Questionnaire, supplemented with data estimates for any years and countries with incomplete or inconsistent information (See http://unstats.un.org/unsd/snaama/Introduction.asp). Data series relating to the sub-industry Agriculture activity are obtained from the UNSD national accounts Official Country Data databases while series on the Manufacturing activity of food and beverages products, manufacturing activity of tobacco products and manufacturing activity of food, beverages and tobacco products originates from the United Nations Industrial Development Organization (UNIDO) INDSTAT2 database. In order to ensure that sub-industry series are consistent in levels with National Accounts based series, which is needed to support comparability across industries (agriculture vs. agro-industry and sub-industries), UNIDO originating series are rescaled on UNSD National Accounts Estimates of Main Aggregates data series (See Section 17.5 for a more detailed description of the data processing steps).