Milk, Total — Gross Production Value in Republic of Korea
Republic of Korea: Milk, Total — Gross Production Value was 889,151 1000 USD in 2024. ▲ Rising
Milk, Total — 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, milk, total — gross production value in Republic of Korea stood at 889,151 1000 USD.
Compared with earlier readings it is down 16.7% on the previous year and down 47.4% over ten years.
Over the whole period, milk, total — gross production value in Republic of Korea peaked at 1.97 million 1000 USD in 2006 and was at its lowest, 439,089 1000 USD, in 1998.
Republic of Korea ranks 55th of 151 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 34 years of available data.
Milk, Total — Gross Production Value in Republic of Korea, year by year
| Year | 1000 USD | Change |
|---|---|---|
| 1991 | 498,493 1000 USD | — |
| 1992 | 501,489 1000 USD | +0.6% |
| 1993 | 553,789 1000 USD | +10.4% |
| 1994 | 581,960 1000 USD | +5.1% |
| 1995 | 641,111 1000 USD | +10.2% |
| 1996 | 648,102 1000 USD | +1.1% |
| 1997 | 534,246 1000 USD | -17.6% |
| 1998 | 439,089 1000 USD | -17.8% |
| 1999 | 570,596 1000 USD | +29.9% |
| 2000 | 603,254 1000 USD | +5.7% |
| 2001 | 548,327 1000 USD | -9.1% |
| 2002 | 613,478 1000 USD | +11.9% |
| 2003 | 595,018 1000 USD | -3.0% |
| 2004 | 619,568 1000 USD | +4.1% |
| 2005 | 734,574 1000 USD | +18.6% |
| 2006 | 1.97 million 1000 USD | +168.3% |
| 2007 | 1.71 million 1000 USD | -13.3% |
| 2008 | 1.46 million 1000 USD | -14.6% |
| 2009 | 1.35 million 1000 USD | -7.5% |
| 2010 | 1.52 million 1000 USD | +13.0% |
| 2011 | 1.17 million 1000 USD | -22.9% |
| 2012 | 1.13 million 1000 USD | -4.1% |
| 2013 | 1.31 million 1000 USD | +15.9% |
| 2014 | 1.69 million 1000 USD | +29.5% |
| 2015 | 1.50 million 1000 USD | -11.6% |
| 2016 | 1.21 million 1000 USD | -19.2% |
| 2017 | 1.51 million 1000 USD | +25.0% |
| 2018 | 1.42 million 1000 USD | -5.9% |
| 2019 | 1.19 million 1000 USD | -16.2% |
| 2020 | 1.07 million 1000 USD | -9.9% |
| 2021 | 1.18 million 1000 USD | +10.1% |
| 2022 | 1.11 million 1000 USD | -6.5% |
| 2023 | 1.07 million 1000 USD | -3.4% |
| 2024 | 889,151 1000 USD | -16.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 552,097 1000 USD | 439,089 1000 USD | 648,102 1000 USD | 9 |
| 2000s | 1.02 million 1000 USD | 548,327 1000 USD | 1.97 million 1000 USD | 10 |
| 2010s | 1.37 million 1000 USD | 1.13 million 1000 USD | 1.69 million 1000 USD | 10 |
| 2020s | 1.06 million 1000 USD | 889,151 1000 USD | 1.18 million 1000 USD | 5 |
Countries ranked near Republic of Korea
More agriculture & rural data for Republic of Korea
- Roots and Tubers, Total — Production, annual growth rate 3.89 % change on previous year (2024)
- Sheep and Goat Meat — Yield/Carcass Weight, annual growth rate 0 % change on previous year (2024)
- Sheep and Goat Meat — Production, annual growth rate 0.6449 % change on previous year (2024)
- Sheep and Goat Meat — Producing Animals/Slaughtered, annual growth 1.57 % change on previous year (2024)
- Sheep and Goats — Stocks, annual growth rate 1.28 % change on previous year (2024)
- Vegetables Primary — Area harvested, annual growth rate -0.2061 % change on previous year (2024)
- Vegetables Primary — Yield, annual growth rate 0.4263 % change on previous year (2024)
- Vegetables Primary — Production, annual growth rate 0.2192 % change on previous year (2024)
- Cabbages — Area harvested, annual growth rate 1.13 % change on previous year (2024)
- Cabbages — Yield, annual growth rate 1.77 % 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 889,151 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 1.97 million 1000 USD in 2006.
- What is the lowest milk, total — gross production value recorded in Republic of Korea?
- The lowest recorded value was 439,089 1000 USD in 1998.
- How does Republic of Korea rank for milk, total — gross production value?
- Republic of Korea ranks 55th out of 151 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 47.4%. 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 Milk, Total — 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.