Groundnuts, excluding shelled — Gross Production Value in Republic of Korea
Republic of Korea: Groundnuts, excluding shelled — Gross Production Value was 55,245 1000 USD in 2024. ◆ Volatile
Latest (2024)
55,245 1000 USD
Change on year
up 8.9%
World rank
27th
of 79 countries
All-time high
177,821 1000 USD
in 1987
All-time low
11,336 1000 USD
in 1961
Years of data
64
1961–2024
Groundnuts, excluding shelled — Gross Production Value in Republic of Korea, 1961–2024
Source: Food and Agriculture Organization of the United Nations. Measured in 1000 USD.
Analysis
In 2024, groundnuts, excluding shelled — gross production value in Republic of Korea stood at 55,245 1000 USD.
The figure is up 8.9% on the previous year and down 19.4% over ten years.
Over the whole period, groundnuts, excluding shelled — gross production value in Republic of Korea peaked at 177,821 1000 USD in 1987 and was at its lowest, 11,336 1000 USD, in 1961.
That places Republic of Korea 27th out of 79 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Groundnuts, excluding shelled — Gross Production Value in Republic of Korea, year by year
| Year | 1000 USD | Change |
|---|---|---|
| 1961 | 11,336 1000 USD | — |
| 1962 | 12,253 1000 USD | +8.1% |
| 1963 | 14,701 1000 USD | +20.0% |
| 1964 | 14,850 1000 USD | +1.0% |
| 1965 | 19,535 1000 USD | +31.5% |
| 1966 | 23,628 1000 USD | +21.0% |
| 1967 | 29,329 1000 USD | +24.1% |
| 1968 | 36,854 1000 USD | +25.7% |
| 1969 | 43,478 1000 USD | +18.0% |
| 1970 | 46,544 1000 USD | +7.1% |
| 1971 | 41,373 1000 USD | -11.1% |
| 1972 | 37,130 1000 USD | -10.3% |
| 1973 | 28,838 1000 USD | -22.3% |
| 1974 | 41,362 1000 USD | +43.4% |
| 1975 | 41,748 1000 USD | +0.9% |
| 1976 | 42,732 1000 USD | +2.4% |
| 1977 | 62,852 1000 USD | +47.1% |
| 1978 | 88,380 1000 USD | +40.6% |
| 1979 | 87,358 1000 USD | -1.2% |
| 1980 | 70,117 1000 USD | -19.7% |
| 1981 | 50,748 1000 USD | -27.6% |
| 1982 | 73,160 1000 USD | +44.2% |
| 1983 | 77,967 1000 USD | +6.6% |
| 1984 | 66,813 1000 USD | -14.3% |
| 1985 | 90,270 1000 USD | +35.1% |
| 1986 | 111,451 1000 USD | +23.5% |
| 1987 | 177,821 1000 USD | +59.6% |
| 1988 | 158,116 1000 USD | -11.1% |
| 1989 | 158,475 1000 USD | +0.2% |
| 1990 | 96,833 1000 USD | -38.9% |
| 1991 | 100,330 1000 USD | +3.6% |
| 1992 | 106,329 1000 USD | +6.0% |
| 1993 | 93,805 1000 USD | -11.8% |
| 1994 | 92,667 1000 USD | -1.2% |
| 1995 | 95,098 1000 USD | +2.6% |
| 1996 | 59,869 1000 USD | -37.0% |
| 1997 | 60,377 1000 USD | +0.8% |
| 1998 | 76,088 1000 USD | +26.0% |
| 1999 | 68,282 1000 USD | -10.3% |
| 2000 | 49,267 1000 USD | -27.8% |
| 2001 | 53,145 1000 USD | +7.9% |
| 2002 | 61,940 1000 USD | +16.5% |
| 2003 | 39,649 1000 USD | -36.0% |
| 2004 | 45,616 1000 USD | +15.0% |
| 2005 | 36,484 1000 USD | -20.0% |
| 2006 | 35,102 1000 USD | -3.8% |
| 2007 | 38,450 1000 USD | +9.5% |
| 2008 | 41,207 1000 USD | +7.2% |
| 2009 | 56,355 1000 USD | +36.8% |
| 2010 | 77,293 1000 USD | +37.2% |
| 2011 | 59,963 1000 USD | -22.4% |
| 2012 | 54,908 1000 USD | -8.4% |
| 2013 | 60,079 1000 USD | +9.4% |
| 2014 | 68,514 1000 USD | +14.0% |
| 2015 | 64,366 1000 USD | -6.1% |
| 2016 | 85,795 1000 USD | +33.3% |
| 2017 | 82,370 1000 USD | -4.0% |
| 2018 | 60,780 1000 USD | -26.2% |
| 2019 | 45,406 1000 USD | -25.3% |
| 2020 | 52,549 1000 USD | +15.7% |
| 2021 | 58,952 1000 USD | +12.2% |
| 2022 | 59,173 1000 USD | +0.4% |
| 2023 | 50,748 1000 USD | -14.2% |
| 2024 | 55,245 1000 USD | +8.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 22,885 1000 USD | 11,336 1000 USD | 43,478 1000 USD | 9 |
| 1970s | 51,832 1000 USD | 28,838 1000 USD | 88,380 1000 USD | 10 |
| 1980s | 103,494 1000 USD | 50,748 1000 USD | 177,821 1000 USD | 10 |
| 1990s | 84,968 1000 USD | 59,869 1000 USD | 106,329 1000 USD | 10 |
| 2000s | 45,722 1000 USD | 35,102 1000 USD | 61,940 1000 USD | 10 |
| 2010s | 65,947 1000 USD | 45,406 1000 USD | 85,795 1000 USD | 10 |
| 2020s | 55,333 1000 USD | 50,748 1000 USD | 59,173 1000 USD | 5 |
Countries ranked near Republic of Korea
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Frequently asked questions
- What is groundnuts, excluding shelled — gross production value in Republic of Korea?
- Groundnuts, excluding shelled — gross production value in Republic of Korea was 55,245 1000 USD in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest groundnuts, excluding shelled — gross production value recorded in Republic of Korea?
- The highest recorded value was 177,821 1000 USD in 1987.
- What is the lowest groundnuts, excluding shelled — gross production value recorded in Republic of Korea?
- The lowest recorded value was 11,336 1000 USD in 1961.
- How does Republic of Korea rank for groundnuts, excluding shelled — gross production value?
- Republic of Korea ranks 27th out of 79 countries with data for 2024.
- Is groundnuts, excluding shelled — gross production value rising or falling in Republic of Korea?
- Over the last ten years it is down 19.4%. 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 Groundnuts, excluding shelled — Gross Production Value (constant 2014-2016 thousand US$). Statizoid updates them automatically from the source API.
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About this data
The domain provides detailed data on the value of agricultural production that is calculated by the agricultural production data and the price data at farm gate. Thus, the value of production measures the agricultural production in monetary terms at the farm gate level.