Groundnuts, excluding shelled — Gross Production Value in Republic of Korea
Republic of Korea: Groundnuts, excluding shelled — Gross Production Value was 50,040 1000 USD in 2024. ◆ Volatile
Groundnuts, excluding shelled — Gross Production Value in Republic of Korea, 1991–2024
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 50,040 1000 USD.
Compared with earlier readings it is up 3.3% on the previous year and down 28.6% over ten years.
Over the whole period, groundnuts, excluding shelled — gross production value in Republic of Korea peaked at 90,358 1000 USD in 2017 and was at its lowest, 6,432 1000 USD, in 2003.
That places Republic of Korea 28th out of 80 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 |
|---|---|---|
| 1991 | 32,234 1000 USD | — |
| 1992 | 34,020 1000 USD | +5.5% |
| 1993 | 28,250 1000 USD | -17.0% |
| 1994 | 29,777 1000 USD | +5.4% |
| 1995 | 28,623 1000 USD | -3.9% |
| 1996 | 16,666 1000 USD | -41.8% |
| 1997 | 14,645 1000 USD | -12.1% |
| 1998 | 10,472 1000 USD | -28.5% |
| 1999 | 10,519 1000 USD | +0.4% |
| 2000 | 7,284 1000 USD | -30.8% |
| 2001 | 7,506 1000 USD | +3.0% |
| 2002 | 8,312 1000 USD | +10.7% |
| 2003 | 6,432 1000 USD | -22.6% |
| 2004 | 8,007 1000 USD | +24.5% |
| 2005 | 7,191 1000 USD | -10.2% |
| 2006 | 30,687 1000 USD | +326.7% |
| 2007 | 40,605 1000 USD | +32.3% |
| 2008 | 41,378 1000 USD | +1.9% |
| 2009 | 39,450 1000 USD | -4.7% |
| 2010 | 70,193 1000 USD | +77.9% |
| 2011 | 61,022 1000 USD | -13.1% |
| 2012 | 55,436 1000 USD | -9.2% |
| 2013 | 58,681 1000 USD | +5.9% |
| 2014 | 70,048 1000 USD | +19.4% |
| 2015 | 62,655 1000 USD | -10.6% |
| 2016 | 86,154 1000 USD | +37.5% |
| 2017 | 90,358 1000 USD | +4.9% |
| 2018 | 70,935 1000 USD | -21.5% |
| 2019 | 44,823 1000 USD | -36.8% |
| 2020 | 52,282 1000 USD | +16.6% |
| 2021 | 63,147 1000 USD | +20.8% |
| 2022 | 57,224 1000 USD | -9.4% |
| 2023 | 48,450 1000 USD | -15.3% |
| 2024 | 50,040 1000 USD | +3.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 22,801 1000 USD | 10,472 1000 USD | 34,020 1000 USD | 9 |
| 2000s | 19,685 1000 USD | 6,432 1000 USD | 41,378 1000 USD | 10 |
| 2010s | 67,030 1000 USD | 44,823 1000 USD | 90,358 1000 USD | 10 |
| 2020s | 54,229 1000 USD | 48,450 1000 USD | 63,147 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 50,040 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 90,358 1000 USD in 2017.
- What is the lowest groundnuts, excluding shelled — gross production value recorded in Republic of Korea?
- The lowest recorded value was 6,432 1000 USD in 2003.
- How does Republic of Korea rank for groundnuts, excluding shelled — gross production value?
- Republic of Korea ranks 28th out of 80 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 28.6%. 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 (current 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.