Milk, Total — Gross Production Value (constant 2014-2016 thousand) in Republic of Korea

Republic of Korea: Milk, Total — Gross Production Value (constant 2014-2016 thousand) was -8.42 % change on previous year in 2024. ◆ Volatile

Latest (2024)
-8.42 % change on previous year
Change on year
down 268.5%
World rank
195th
of 202 countries
All-time high
56.99 % change on previous year
in 1962
All-time low
-8.83 % change on previous year
in 2011
Years of data
63
1962–2024

Milk, Total — Gross Production Value (constant 2014-2016 thousand) in Republic of Korea, 1962–2024

0204060196219932024

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

Republic of Korea recorded -8.42 % change on previous year for milk, total — gross production value (constant 2014-2016 thousand) in 2024.

Compared with earlier readings it is down 268.5% on the previous year and down 248.3% over ten years.

Over the whole period, milk, total — gross production value (constant 2014-2016 thousand) in Republic of Korea peaked at 56.99 % change on previous year in 1962 and was at its lowest, -8.83 % change on previous year, in 2011.

Republic of Korea ranks 195th of 202 countries on this measure, in the bottom quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Milk, Total — Gross Production Value (constant 2014-2016 thousand) in Republic of Korea, year by year

Annual values for Milk, Total — Gross Production Value (constant 2014-2016 thousand I$), annual growth rate in Republic of Korea, 1962 to 2024.
Year % change on previous year Change
1962 56.99 % change on previous year —
1963 12.68 % change on previous year -77.7%
1964 31.82 % change on previous year +151.0%
1965 11.83 % change on previous year -62.8%
1966 26.27 % change on previous year +122.0%
1967 24.35 % change on previous year -7.3%
1968 22.62 % change on previous year -7.1%
1969 41.93 % change on previous year +85.4%
1970 45.69 % change on previous year +9.0%
1971 24.79 % change on previous year -45.7%
1972 22.17 % change on previous year -10.6%
1973 30.23 % change on previous year +36.4%
1974 22.18 % change on previous year -26.6%
1975 25.53 % change on previous year +15.1%
1976 22.36 % change on previous year -12.4%
1977 31.37 % change on previous year +40.3%
1978 23.02 % change on previous year -26.6%
1979 18.35 % change on previous year -20.3%
1980 18.55 % change on previous year +1.1%
1981 13.27 % change on previous year -28.4%
1982 12.42 % change on previous year -6.5%
1983 23.73 % change on previous year +91.1%
1984 17.93 % change on previous year -24.4%
1985 19.46 % change on previous year +8.6%
1986 14.53 % change on previous year -25.3%
1987 22.29 % change on previous year +53.4%
1988 15.43 % change on previous year -30.8%
1989 7.96 % change on previous year -48.4%
1990 -0.5312 % change on previous year -106.7%
1991 -0.1912 % change on previous year -64.0%
1992 4.46 % change on previous year -2430.9%
1993 2.31 % change on previous year -48.1%
1994 3.23 % change on previous year +39.5%
1995 4.27 % change on previous year +32.4%
1996 1.75 % change on previous year -59.1%
1997 -2.49 % change on previous year -242.3%
1998 2.09 % change on previous year -183.9%
1999 10.45 % change on previous year +400.6%
2000 0.4953 % change on previous year -95.3%
2001 3.79 % change on previous year +664.2%
2002 8.44 % change on previous year +123.1%
2003 -6.68 % change on previous year -179.1%
2004 -4.64 % change on previous year -30.5%
2005 -1.16 % change on previous year -75.0%
2006 -2 % change on previous year +72.3%
2007 0.1846 % change on previous year -109.2%
2008 0.4544 % change on previous year +146.1%
2009 0.9848 % change on previous year +116.7%
2010 -6.68 % change on previous year -778.7%
2011 -8.83 % change on previous year +32.0%
2012 11.66 % change on previous year -232.2%
2013 -0.8457 % change on previous year -107.3%
2014 5.68 % change on previous year -771.6%
2015 -2.03 % change on previous year -135.8%
2016 -4.47 % change on previous year +119.9%
2017 -0.5827 % change on previous year -87.0%
2018 -0.876 % change on previous year +50.3%
2019 0.4362 % change on previous year -149.8%
2020 1.93 % change on previous year +341.4%
2021 -2.6 % change on previous year -234.8%
2022 -2.89 % change on previous year +11.2%
2023 -2.29 % change on previous year -20.8%
2024 -8.42 % change on previous year +268.5%

Biggest year-on-year movements

Years where Milk, Total — Gross Production Value (constant 2014-2016 thousand) in Republic of Korea changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

YearChange FromTo
1992 +2430.9% -0.1912 % change on previous year 4.46 % change on previous year
2014 +771.6% -0.8457 % change on previous year 5.68 % change on previous year
2010 -778.7% 0.9848 % change on previous year -6.68 % change on previous year
2001 +664.2% 0.4953 % change on previous year 3.79 % change on previous year

Averages by decade

DecadeAverage LowestHighest Years
1960s 28.56 % change on previous year 11.83 % change on previous year 56.99 % change on previous year 8
1970s 26.57 % change on previous year 18.35 % change on previous year 45.69 % change on previous year 10
1980s 16.56 % change on previous year 7.96 % change on previous year 23.73 % change on previous year 10
1990s 2.53 % change on previous year -2.49 % change on previous year 10.45 % change on previous year 10
2000s -0.0129 % change on previous year -6.68 % change on previous year 8.44 % change on previous year 10
2010s -0.6529 % change on previous year -8.83 % change on previous year 11.66 % change on previous year 10
2020s -2.85 % change on previous year -8.42 % change on previous year 1.93 % change on previous year 5

Countries ranked near Republic of Korea

  1. 192 USSR -6.62 % change on previous year compare
  2. 193 Costa Rica -7.6 % change on previous year compare
  3. 194 Martinique -7.96 % change on previous year compare
  4. 196 Panama -8.6 % change on previous year compare
  5. 197 Czechoslovakia -10.89 % change on previous year compare
  6. 198 Jordan -17.19 % change on previous year compare

See the full ranking of 232 places →

More agriculture & rural data for Republic of Korea

All data for Republic of Korea →

Frequently asked questions

What is milk, total — gross production value (constant 2014-2016 thousand) in Republic of Korea?
Milk, total — gross production value (constant 2014-2016 thousand) in Republic of Korea was -8.42 % change on previous year in 2024, according to Statizoid (derived).
What is the highest milk, total — gross production value (constant 2014-2016 thousand) recorded in Republic of Korea?
The highest recorded value was 56.99 % change on previous year in 1962.
What is the lowest milk, total — gross production value (constant 2014-2016 thousand) recorded in Republic of Korea?
The lowest recorded value was -8.83 % change on previous year in 2011.
How does Republic of Korea rank for milk, total — gross production value (constant 2014-2016 thousand)?
Republic of Korea ranks 195th out of 202 countries with data for 2024.
Is milk, total — gross production value (constant 2014-2016 thousand) rising or falling in Republic of Korea?
Over the last ten years it is down 248.3%. The long-run trend across the full record is volatile.
Where does this Republic of Korea data come from?
The figures come from Statizoid (derived), published as part of Milk, Total — Gross Production Value (constant 2014-2016 thousand I$), annual growth rate. Statizoid updates them automatically from the source API.

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Milk, Total — Gross Production Value (constant 2014-2016 thousand) in Republic of Korea. Statizoid, drawing on Statizoid (derived). Retrieved 26 September 2026, from https://agriculture.statizoid.com/stat/milk-total-gross-production-value-constant-2014-2016-thousand-i-annual-growth-rate/republic-of-korea/

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<a href="https://agriculture.statizoid.com/stat/milk-total-gross-production-value-constant-2014-2016-thousand-i-annual-growth-rate/republic-of-korea/">Milk, Total — Gross Production Value (constant 2014-2016 thousand) in Republic of Korea</a> — Statizoid

How this figure is calculated

The year-on-year percentage change in Milk, Total — Gross Production Value (constant 2014-2016 thousand I$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

Computed from

Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.

About this data

Indicator
Milk, Total — Gross Production Value (constant 2014-2016 thousand I$), annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
232 places, 13,119 data points, 1962–2024
Last refreshed

The year-on-year percentage change in Milk, Total — Gross Production Value (constant 2014-2016 thousand I$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.