Food and Accommodation Away From Home (FAAFH) — Total Industries in Republic of Korea
Republic of Korea: Food and Accommodation Away From Home (FAAFH) — Total Industries was 25,299 million USD in 2015. ▲ Rising
Food and Accommodation Away From Home (FAAFH) — Total Industries in Republic of Korea, 2005–2015
Source: Food and Agriculture Organization of the United Nations. Measured in million USD.
Analysis
Republic of Korea recorded 25,299 million USD for food and accommodation away from home (faafh) — total industries in 2015. That is the highest value across all 11 years on record.
Compared with earlier readings it is up 3.1% on the previous year and up 46.4% over ten years.
Over the whole period, food and accommodation away from home (faafh) — total industries in Republic of Korea peaked at 25,299 million USD in 2015 and was at its lowest, 17,285 million USD, in 2005.
That places Republic of Korea 5th out of 62 countries with data for 2015, putting it in the top 10%.
The long-run direction has been consistently rising across the 11 years of available data.
Food and Accommodation Away From Home (FAAFH) — Total Industries in Republic of Korea, year by year
| Year | million USD | Change |
|---|---|---|
| 2005 | 17,285 million USD | — |
| 2006 | 18,285 million USD | +5.8% |
| 2007 | 18,601 million USD | +1.7% |
| 2008 | 18,404 million USD | -1.1% |
| 2009 | 19,132 million USD | +4.0% |
| 2010 | 22,107 million USD | +15.5% |
| 2011 | 22,815 million USD | +3.2% |
| 2012 | 23,244 million USD | +1.9% |
| 2013 | 23,858 million USD | +2.6% |
| 2014 | 24,528 million USD | +2.8% |
| 2015 | 25,299 million USD | +3.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 18,341 million USD | 17,285 million USD | 19,132 million USD | 5 |
| 2010s | 23,642 million USD | 22,107 million USD | 25,299 million USD | 6 |
Countries ranked near Republic of Korea
More agriculture & rural data for Republic of Korea
- Raw milk of cattle — Yield/Carcass Weight, annual growth rate -8.58 % change on previous year (2024)
- Raw milk of cattle — Production, annual growth rate -8.47 % change on previous year (2024)
- Raw milk of cattle — Milk Animals, annual growth rate 0.115 % change on previous year (2024)
- Sheep — Stocks, annual growth rate -11.06 % change on previous year (2024)
- Sheep fat, unrendered — Production, annual growth rate -11.54 % change on previous year (2024)
- Sheep fat, unrendered — Producing Animals/Slaughtered, annual growth -11.32 % change on previous year (2024)
- Beef and Buffalo Meat, primary — Yield/Carcass Weight, annual growth 2.15 % change on previous year (2024)
- Beef and Buffalo Meat, primary — Production, annual growth rate 7.25 % change on previous year (2024)
- Beef and Buffalo Meat, primary — Producing Animals/Slaughtered 5.09 % change on previous year (2024)
- Cattle and Buffaloes — Stocks, annual growth rate -3.61 % change on previous year (2024)
Frequently asked questions
- What is food and accommodation away from home (faafh) — total industries in Republic of Korea?
- Food and accommodation away from home (faafh) — total industries in Republic of Korea was 25,299 million USD in 2015, according to Food and Agriculture Organization of the United Nations.
- What is the highest food and accommodation away from home (faafh) — total industries recorded in Republic of Korea?
- The highest recorded value was 25,299 million USD in 2015.
- What is the lowest food and accommodation away from home (faafh) — total industries recorded in Republic of Korea?
- The lowest recorded value was 17,285 million USD in 2005.
- How does Republic of Korea rank for food and accommodation away from home (faafh) — total industries?
- Republic of Korea ranks 5th out of 62 countries with data for 2015.
- Is food and accommodation away from home (faafh) — total industries rising or falling in Republic of Korea?
- Over the last ten years it is up 46.4%. 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 Food and Accommodation Away From Home (FAAFH) — Total Industries — Operating surplus — Value US$, 2015 prices. Statizoid updates them automatically from the source API.
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About this data
This domain contains data on three food value measures, namely: (1) Food At Home (FAH); (2) Food and Tobacco at Home (FTAH); (3) Food and Accommodation Away From Home (FAAFH), disaggregated by four primary factors (Operating Surplus, Labor, Taxes, Imports) and by five food value chain industries (Agriculture, Forestry and Fishing; Manufacture of food, beverages and tobacco products; Transportation and storage; Wholesale and retail trade; Accommodation and food service activities). The three food value measures differ for the bundle of goods and services they account for. In particular, the FAH refers to domestic expenditures of personal consumption for food consumed at home, at purchaser prices. The FTAH measure is similar in its target, but it refers to a broader set of economic goods, inclusive of tobacco, as food and tobacco expenditures are not always separable in the original data. On the other side, the FAAFH refers to domestic expenditures of personal consumption for food consumed away from home (e.g. in restaurants), at purchaser prices, and it also includes expenditures for accommodation in all the cases where the two types of expenditures were not separable in the original data. The values of industry decomposition measure the food production value-added distribution across different industries and factors involved in the agri-food value chain. All these estimates are based on Leontief Input Ouput modeling and Industry reduction method. The Food Value Chain domain aims to supply informaiton relevant for the SDG 12 - sustainable consumption and production patterns, SDG 2 - zero hunger and SDG 1 - no poverty, that constitue guiding SDGs in the FAO Strategic Framework 2022-2031 and its better production pillar. More in general they may inform national, regional and global food policy, including measures in the World Food Summit framework. Data are collected from national Supply and Use Tables (SUTs) and Industry by Industry Input Output tables (IOTs), via OECD database or NSOs. All input data are in line with the System of National Accounts (SNA) and main international classifications and standards related to environmental-economic accounting (respectively the System of Environmental-Economic Accounting for Agriculture, Forestry and Fisheries, SEEA AFF, and the International Standard Industrial Classification of All Economic Activities, ISIC).