Fishing (central government expenditure) — Value US$, 2015 prices in Republic of Korea
Republic of Korea: Fishing (central government expenditure) — Value US$, 2015 prices was 1,688 million USD in 2023. ▼ Falling
Fishing (central government expenditure) — Value US$, 2015 prices in Republic of Korea, 2001–2023
Source: Food and Agriculture Organization of the United Nations. Measured in million USD.
Analysis
The most recent figure for fishing (central government expenditure) — value us$, 2015 prices in Republic of Korea is 1,688 million USD, measured in 2023.
Compared with earlier readings it is down 0.6% on the previous year and up 105.6% over ten years.
Over the whole period, fishing (central government expenditure) — value us$, 2015 prices in Republic of Korea peaked at 2,042 million USD in 2003 and was at its lowest, 724.39 million USD, in 2012.
Republic of Korea ranks 1st of 74 countries on this measure, in the top 10%.
The long-run direction has been consistently falling across the 23 years of available data.
Fishing (central government expenditure) — Value US$, 2015 prices in Republic of Korea, year by year
| Year | million USD | Change |
|---|---|---|
| 2001 | 1,579 million USD | — |
| 2002 | 1,951 million USD | +23.6% |
| 2003 | 2,042 million USD | +4.6% |
| 2004 | 1,495 million USD | -26.8% |
| 2005 | 1,819 million USD | +21.7% |
| 2006 | 1,813 million USD | -0.3% |
| 2007 | 1,128 million USD | -37.8% |
| 2008 | 1,346 million USD | +19.3% |
| 2009 | 1,008 million USD | -25.1% |
| 2010 | 756.49 million USD | -24.9% |
| 2011 | 1,398 million USD | +84.7% |
| 2012 | 724.39 million USD | -48.2% |
| 2013 | 820.89 million USD | +13.3% |
| 2014 | 962.05 million USD | +17.2% |
| 2015 | 1,095 million USD | +13.8% |
| 2016 | 1,230 million USD | +12.3% |
| 2017 | 1,485 million USD | +20.7% |
| 2018 | 1,560 million USD | +5.0% |
| 2019 | 1,346 million USD | -13.7% |
| 2020 | 1,356 million USD | +0.8% |
| 2021 | 1,599 million USD | +17.9% |
| 2022 | 1,698 million USD | +6.2% |
| 2023 | 1,688 million USD | -0.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1,576 million USD | 1,008 million USD | 2,042 million USD | 9 |
| 2010s | 1,138 million USD | 724.39 million USD | 1,560 million USD | 10 |
| 2020s | 1,585 million USD | 1,356 million USD | 1,698 million USD | 4 |
Countries ranked near Republic of Korea
- 1 Côte d'Ivoire 6.78 million USD compare
- 1 United Republic of Tanzania 40.14 million USD compare
- 2 Cabo Verde 2.44 million USD compare
- 2 Indonesia 1,190 million USD compare
- 2 Viet Nam 16.89 million USD compare
- 3 Bangladesh 289.84 million USD compare
- 4 Russian Federation 131.2 million USD compare
More agriculture & rural data for Republic of Korea
- Citrus Fruit, Total — Yield, annual growth rate 3.71 % change on previous year (2024)
- Citrus Fruit, Total — Production, annual growth rate 5.33 % change on previous year (2024)
- Eggs Primary — Yield/Carcass Weight, annual growth rate 0.2266 % change on previous year (2024)
- Eggs Primary — Production, annual growth rate 2.47 % change on previous year (2024)
- Eggs Primary — Laying, annual growth rate 2.23 % change on previous year (2024)
- Fruit Primary — Area harvested, annual growth rate 1.72 % change on previous year (2024)
- Fruit Primary — Yield, annual growth rate 3.38 % change on previous year (2024)
- Fruit Primary — Production, annual growth rate 5.16 % change on previous year (2024)
- Meat, Poultry — Yield/Carcass Weight, annual growth rate 3.29 % change on previous year (2024)
- Meat, Poultry — Production, annual growth rate 2.55 % change on previous year (2024)
Frequently asked questions
- What is fishing (central government expenditure) — value us$, 2015 prices in Republic of Korea?
- Fishing (central government expenditure) — value us$, 2015 prices in Republic of Korea was 1,688 million USD in 2023, according to Food and Agriculture Organization of the United Nations.
- What is the highest fishing (central government expenditure) — value us$, 2015 prices recorded in Republic of Korea?
- The highest recorded value was 2,042 million USD in 2003.
- What is the lowest fishing (central government expenditure) — value us$, 2015 prices recorded in Republic of Korea?
- The lowest recorded value was 724.39 million USD in 2012.
- How does Republic of Korea rank for fishing (central government expenditure) — value us$, 2015 prices?
- Republic of Korea ranks 1st out of 74 countries with data for 2023.
- Is fishing (central government expenditure) — value us$, 2015 prices rising or falling in Republic of Korea?
- Over the last ten years it is up 105.6%. The long-run trend across the full record is falling.
- 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 Fishing (central government expenditure) — Value US$, 2015 prices. Statizoid updates them automatically from the source API.
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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.