Milk, Total — Gross Production Value in Republic of Korea
Republic of Korea: Milk, Total — Gross Production Value was 1.20 million 1000 USD in 2024. ◆ Volatile
Latest (2024)
1.20 million 1000 USD
Change on year
down 8.4%
World rank
41st
of 136 countries
All-time high
1.72 million 1000 USD
in 2002
All-time low
3,531 1000 USD
in 1961
Years of data
64
1961–2024
Milk, Total — Gross Production Value in Republic of Korea, 1961–2024
Source: Food and Agriculture Organization of the United Nations. Measured in 1000 USD.
Analysis
Republic of Korea recorded 1.20 million 1000 USD for milk, total — gross production value in 2024.
That represents a change of down 8.4% on the previous year and down 20.1% over ten years.
Over the whole period, milk, total — gross production value in Republic of Korea peaked at 1.72 million 1000 USD in 2002 and was at its lowest, 3,531 1000 USD, in 1961.
Republic of Korea ranks 41st of 136 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Milk, Total — Gross Production Value in Republic of Korea, year by year
| Year | 1000 USD | Change |
|---|---|---|
| 1961 | 3,531 1000 USD | — |
| 1962 | 5,537 1000 USD | +56.8% |
| 1963 | 6,234 1000 USD | +12.6% |
| 1964 | 8,204 1000 USD | +31.6% |
| 1965 | 9,169 1000 USD | +11.8% |
| 1966 | 11,572 1000 USD | +26.2% |
| 1967 | 14,384 1000 USD | +24.3% |
| 1968 | 17,633 1000 USD | +22.6% |
| 1969 | 25,021 1000 USD | +41.9% |
| 1970 | 36,452 1000 USD | +45.7% |
| 1971 | 45,486 1000 USD | +24.8% |
| 1972 | 55,570 1000 USD | +22.2% |
| 1973 | 72,368 1000 USD | +30.2% |
| 1974 | 88,420 1000 USD | +22.2% |
| 1975 | 110,988 1000 USD | +25.5% |
| 1976 | 135,797 1000 USD | +22.4% |
| 1977 | 178,393 1000 USD | +31.4% |
| 1978 | 219,452 1000 USD | +23.0% |
| 1979 | 259,723 1000 USD | +18.4% |
| 1980 | 307,888 1000 USD | +18.5% |
| 1981 | 348,748 1000 USD | +13.3% |
| 1982 | 392,047 1000 USD | +12.4% |
| 1983 | 485,065 1000 USD | +23.7% |
| 1984 | 572,010 1000 USD | +17.9% |
| 1985 | 683,337 1000 USD | +19.5% |
| 1986 | 782,617 1000 USD | +14.5% |
| 1987 | 957,025 1000 USD | +22.3% |
| 1988 | 1.10 million 1000 USD | +15.4% |
| 1989 | 1.19 million 1000 USD | +8.0% |
| 1990 | 1.19 million 1000 USD | -0.5% |
| 1991 | 1.18 million 1000 USD | -0.2% |
| 1992 | 1.24 million 1000 USD | +4.5% |
| 1993 | 1.27 million 1000 USD | +2.3% |
| 1994 | 1.31 million 1000 USD | +3.2% |
| 1995 | 1.36 million 1000 USD | +4.3% |
| 1996 | 1.39 million 1000 USD | +1.7% |
| 1997 | 1.35 million 1000 USD | -2.5% |
| 1998 | 1.38 million 1000 USD | +2.1% |
| 1999 | 1.52 million 1000 USD | +10.4% |
| 2000 | 1.53 million 1000 USD | +0.5% |
| 2001 | 1.59 million 1000 USD | +3.8% |
| 2002 | 1.72 million 1000 USD | +8.4% |
| 2003 | 1.61 million 1000 USD | -6.7% |
| 2004 | 1.53 million 1000 USD | -4.6% |
| 2005 | 1.52 million 1000 USD | -1.2% |
| 2006 | 1.49 million 1000 USD | -2.0% |
| 2007 | 1.49 million 1000 USD | +0.2% |
| 2008 | 1.50 million 1000 USD | +0.5% |
| 2009 | 1.51 million 1000 USD | +1.0% |
| 2010 | 1.41 million 1000 USD | -6.7% |
| 2011 | 1.28 million 1000 USD | -8.8% |
| 2012 | 1.43 million 1000 USD | +11.7% |
| 2013 | 1.42 million 1000 USD | -0.8% |
| 2014 | 1.50 million 1000 USD | +5.7% |
| 2015 | 1.47 million 1000 USD | -2.0% |
| 2016 | 1.41 million 1000 USD | -4.5% |
| 2017 | 1.40 million 1000 USD | -0.6% |
| 2018 | 1.39 million 1000 USD | -0.9% |
| 2019 | 1.39 million 1000 USD | +0.4% |
| 2020 | 1.42 million 1000 USD | +1.9% |
| 2021 | 1.38 million 1000 USD | -2.6% |
| 2022 | 1.34 million 1000 USD | -2.9% |
| 2023 | 1.31 million 1000 USD | -2.3% |
| 2024 | 1.20 million 1000 USD | -8.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 11,254 1000 USD | 3,531 1000 USD | 25,021 1000 USD | 9 |
| 1970s | 120,265 1000 USD | 36,452 1000 USD | 259,723 1000 USD | 10 |
| 1980s | 682,611 1000 USD | 307,888 1000 USD | 1.19 million 1000 USD | 10 |
| 1990s | 1.32 million 1000 USD | 1.18 million 1000 USD | 1.52 million 1000 USD | 10 |
| 2000s | 1.55 million 1000 USD | 1.49 million 1000 USD | 1.72 million 1000 USD | 10 |
| 2010s | 1.41 million 1000 USD | 1.28 million 1000 USD | 1.50 million 1000 USD | 10 |
| 2020s | 1.33 million 1000 USD | 1.20 million 1000 USD | 1.42 million 1000 USD | 5 |
Countries ranked near Republic of Korea
- 38 South Africa 1.30 million 1000 USD compare
- 39 Kazakhstan 1.26 million 1000 USD compare
- 40 Czechia 1.25 million 1000 USD compare
- 42 Sweden 1.19 million 1000 USD compare
- 43 Azerbaijan 1.07 million 1000 USD compare
- 44 Norway 1.05 million 1000 USD compare
More agriculture & rural data for Republic of Korea
- Milk, Total — Milk Animals, annual growth rate 0.3806 % change on previous year (2024)
- Oilcrops, Cake Equivalent — Area harvested, annual growth rate 2.53 % change on previous year (2024)
- Oilcrops, Cake Equivalent — Yield, annual growth rate 4.36 % change on previous year (2024)
- Oilcrops, Cake Equivalent — Production, annual growth rate 7 % change on previous year (2024)
- Oilcrops, Oil Equivalent — Area harvested, annual growth rate 2.53 % change on previous year (2024)
- Oilcrops, Oil Equivalent — Yield, annual growth rate 2.56 % change on previous year (2024)
- Oilcrops, Oil Equivalent — Production, annual growth rate 5.16 % change on previous year (2024)
- Poultry Birds — Stocks, annual growth rate -1.61 % change on previous year (2024)
- Pulses, Total — Area harvested, annual growth rate -10.59 % change on previous year (2024)
- Pulses, Total — Yield, annual growth rate 0.8905 % change on previous year (2024)
Frequently asked questions
- What is milk, total — gross production value in Republic of Korea?
- Milk, total — gross production value in Republic of Korea was 1.20 million 1000 USD in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest milk, total — gross production value recorded in Republic of Korea?
- The highest recorded value was 1.72 million 1000 USD in 2002.
- What is the lowest milk, total — gross production value recorded in Republic of Korea?
- The lowest recorded value was 3,531 1000 USD in 1961.
- How does Republic of Korea rank for milk, total — gross production value?
- Republic of Korea ranks 41st out of 136 countries with data for 2024.
- Is milk, total — gross production value rising or falling in Republic of Korea?
- Over the last ten years it is down 20.1%. 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 Milk, Total — Gross Production Value (constant 2014-2016 thousand US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 64 observations, free to reuse under CC BY-NC-SA 3.0 IGO (FAO).
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.