Value Added (Agriculture, Forestry and Fishing) — Value US$ in Republic of Korea
Republic of Korea: Value Added (Agriculture, Forestry and Fishing) — Value US$ was 25,802 million USD in 2024. ▲ Rising
Value Added (Agriculture, Forestry and Fishing) — Value US$ in Republic of Korea, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million USD.
Analysis
In 2024, value added (agriculture, forestry and fishing) — value us$ in Republic of Korea stood at 25,802 million USD.
The figure is down 1.9% on the previous year and down 15.1% over ten years.
Over the whole period, value added (agriculture, forestry and fishing) — value us$ in Republic of Korea peaked at 32,343 million USD in 2021 and was at its lowest, 2,385 million USD, in 1970.
Republic of Korea ranks 29th of 200 countries on this measure, in the top quarter.
The long-run direction has been consistently rising across the 55 years of available data.
Value Added (Agriculture, Forestry and Fishing) — Value US$ in Republic of Korea, year by year
| Year | million USD | Change |
|---|---|---|
| 1970 | 2,385 million USD | — |
| 1971 | 2,687 million USD | +12.7% |
| 1972 | 2,879 million USD | +7.1% |
| 1973 | 3,414 million USD | +18.6% |
| 1974 | 4,723 million USD | +38.3% |
| 1975 | 5,333 million USD | +12.9% |
| 1976 | 6,889 million USD | +29.2% |
| 1977 | 8,375 million USD | +21.6% |
| 1978 | 10,346 million USD | +23.5% |
| 1979 | 12,403 million USD | +19.9% |
| 1980 | 9,321 million USD | -24.8% |
| 1981 | 10,950 million USD | +17.5% |
| 1982 | 10,961 million USD | +0.1% |
| 1983 | 11,067 million USD | +1.0% |
| 1984 | 11,563 million USD | +4.5% |
| 1985 | 11,891 million USD | +2.8% |
| 1986 | 12,167 million USD | +2.3% |
| 1987 | 13,753 million USD | +13.0% |
| 1988 | 18,382 million USD | +33.7% |
| 1989 | 21,066 million USD | +14.6% |
| 1990 | 21,526 million USD | +2.2% |
| 1991 | 22,534 million USD | +4.7% |
| 1992 | 23,458 million USD | +4.1% |
| 1993 | 23,195 million USD | -1.1% |
| 1994 | 26,183 million USD | +12.9% |
| 1995 | 30,150 million USD | +15.2% |
| 1996 | 30,222 million USD | +0.2% |
| 1997 | 25,492 million USD | -15.7% |
| 1998 | 16,148 million USD | -36.7% |
| 1999 | 21,095 million USD | +30.6% |
| 2000 | 22,157 million USD | +5.0% |
| 2001 | 19,451 million USD | -12.2% |
| 2002 | 20,015 million USD | +2.9% |
| 2003 | 20,728 million USD | +3.6% |
| 2004 | 23,327 million USD | +12.5% |
| 2005 | 24,346 million USD | +4.4% |
| 2006 | 26,136 million USD | +7.3% |
| 2007 | 26,602 million USD | +1.8% |
| 2008 | 22,327 million USD | -16.1% |
| 2009 | 21,013 million USD | -5.9% |
| 2010 | 24,386 million USD | +16.1% |
| 2011 | 27,549 million USD | +13.0% |
| 2012 | 27,804 million USD | +0.9% |
| 2013 | 28,623 million USD | +2.9% |
| 2014 | 30,374 million USD | +6.1% |
| 2015 | 29,223 million USD | -3.8% |
| 2016 | 27,469 million USD | -6.0% |
| 2017 | 29,329 million USD | +6.8% |
| 2018 | 29,176 million USD | -0.5% |
| 2019 | 26,386 million USD | -9.6% |
| 2020 | 27,521 million USD | +4.3% |
| 2021 | 32,343 million USD | +17.5% |
| 2022 | 26,061 million USD | -19.4% |
| 2023 | 26,289 million USD | +0.9% |
| 2024 | 25,802 million USD | -1.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 5,943 million USD | 2,385 million USD | 12,403 million USD | 10 |
| 1980s | 13,112 million USD | 9,321 million USD | 21,066 million USD | 10 |
| 1990s | 24,000 million USD | 16,148 million USD | 30,222 million USD | 10 |
| 2000s | 22,610 million USD | 19,451 million USD | 26,602 million USD | 10 |
| 2010s | 28,032 million USD | 24,386 million USD | 30,374 million USD | 10 |
| 2020s | 27,603 million USD | 25,802 million USD | 32,343 million USD | 5 |
Countries ranked near Republic of Korea
- 26 Malaysia 34,257 million USD compare
- 27 Saudi Arabia 30,424 million USD compare
- 28 Kenya 26,578 million USD compare
- 29 Cabo Verde 127.45 million USD compare
- 30 Poland 23,559 million USD compare
- 31 Uzbekistan 21,268 million USD compare
- 32 Sudan (former) 21,201 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)
- Sawnwood, non-coniferous — Production, annual growth rate 0 % change on previous year (2024)
- Sawnwood, non-coniferous — Import quantity, annual growth rate -28.51 % change on previous year (2024)
- Sawnwood, non-coniferous — Import value, annual growth rate -17.81 % change on previous year (2024)
- Sawnwood, non-coniferous — Export quantity, annual growth rate 230.71 % change on previous year (2024)
- Sawnwood, non-coniferous — Export value, annual growth rate -10.57 % change on previous year (2024)
- Wood-based panels — Import quantity, annual growth rate 12.55 % change on previous year (2024)
- Wood-based panels — Import value, annual growth rate 6.39 % change on previous year (2024)
Frequently asked questions
- What is value added (agriculture, forestry and fishing) — value us$ in Republic of Korea?
- Value added (agriculture, forestry and fishing) — value us$ in Republic of Korea was 25,802 million USD in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest value added (agriculture, forestry and fishing) — value us$ recorded in Republic of Korea?
- The highest recorded value was 32,343 million USD in 2021.
- What is the lowest value added (agriculture, forestry and fishing) — value us$ recorded in Republic of Korea?
- The lowest recorded value was 2,385 million USD in 1970.
- How does Republic of Korea rank for value added (agriculture, forestry and fishing) — value us$?
- Republic of Korea ranks 29th out of 200 countries with data for 2024.
- Is value added (agriculture, forestry and fishing) — value us$ rising or falling in Republic of Korea?
- Over the last ten years it is down 15.1%. 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 Value Added (Agriculture, Forestry and Fishing) — Value US$. Statizoid updates them automatically from the source API.
Download this data
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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).