Other oil seeds, n.e.c. — Gross Production Value in Republic of Korea
Republic of Korea: Other oil seeds, n.e.c. — Gross Production Value was 78,848 1000 USD in 2024. ◆ Volatile
Latest (2024)
78,848 1000 USD
Change on year
down 1.9%
World rank
5th
of 30 countries
All-time high
87,513 1000 USD
in 2016
All-time low
3,908 1000 USD
in 1963
Years of data
64
1961–2024
Other oil seeds, n.e.c. — 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 78,848 1000 USD for other oil seeds, n.e.c. — gross production value in 2024.
Compared with earlier readings it is down 1.9% on the previous year and up 8.4% over ten years.
Over the whole period, other oil seeds, n.e.c. — gross production value in Republic of Korea peaked at 87,513 1000 USD in 2016 and was at its lowest, 3,908 1000 USD, in 1963.
That places Republic of Korea 5th out of 30 countries with data for 2024, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Other oil seeds, n.e.c. — Gross Production Value in Republic of Korea, year by year
| Year | 1000 USD | Change |
|---|---|---|
| 1961 | 4,110 1000 USD | — |
| 1962 | 4,761 1000 USD | +15.8% |
| 1963 | 3,908 1000 USD | -17.9% |
| 1964 | 5,285 1000 USD | +35.2% |
| 1965 | 5,923 1000 USD | +12.1% |
| 1966 | 7,999 1000 USD | +35.0% |
| 1967 | 8,609 1000 USD | +7.6% |
| 1968 | 8,897 1000 USD | +3.3% |
| 1969 | 9,629 1000 USD | +8.2% |
| 1970 | 10,680 1000 USD | +10.9% |
| 1971 | 11,017 1000 USD | +3.2% |
| 1972 | 11,269 1000 USD | +2.3% |
| 1973 | 12,315 1000 USD | +9.3% |
| 1974 | 13,947 1000 USD | +13.3% |
| 1975 | 16,058 1000 USD | +15.1% |
| 1976 | 19,964 1000 USD | +24.3% |
| 1977 | 19,084 1000 USD | -4.4% |
| 1978 | 17,510 1000 USD | -8.2% |
| 1979 | 24,262 1000 USD | +38.6% |
| 1980 | 20,410 1000 USD | -15.9% |
| 1981 | 24,846 1000 USD | +21.7% |
| 1982 | 25,724 1000 USD | +3.5% |
| 1983 | 30,727 1000 USD | +19.4% |
| 1984 | 31,425 1000 USD | +2.3% |
| 1985 | 34,871 1000 USD | +11.0% |
| 1986 | 42,408 1000 USD | +21.6% |
| 1987 | 47,299 1000 USD | +11.5% |
| 1988 | 48,039 1000 USD | +1.6% |
| 1989 | 51,035 1000 USD | +6.2% |
| 1990 | 47,166 1000 USD | -7.6% |
| 1991 | 50,818 1000 USD | +7.7% |
| 1992 | 61,938 1000 USD | +21.9% |
| 1993 | 47,868 1000 USD | -22.7% |
| 1994 | 40,180 1000 USD | -16.1% |
| 1995 | 44,127 1000 USD | +9.8% |
| 1996 | 42,349 1000 USD | -4.0% |
| 1997 | 41,746 1000 USD | -1.4% |
| 1998 | 45,341 1000 USD | +8.6% |
| 1999 | 38,012 1000 USD | -16.2% |
| 2000 | 34,382 1000 USD | -9.5% |
| 2001 | 37,788 1000 USD | +9.9% |
| 2002 | 35,127 1000 USD | -7.0% |
| 2003 | 34,828 1000 USD | -0.9% |
| 2004 | 30,861 1000 USD | -11.4% |
| 2005 | 30,518 1000 USD | -1.1% |
| 2006 | 40,707 1000 USD | +33.4% |
| 2007 | 47,605 1000 USD | +16.9% |
| 2008 | 40,717 1000 USD | -14.5% |
| 2009 | 47,907 1000 USD | +17.7% |
| 2010 | 57,095 1000 USD | +19.2% |
| 2011 | 51,362 1000 USD | -10.0% |
| 2012 | 48,642 1000 USD | -5.3% |
| 2013 | 56,095 1000 USD | +15.3% |
| 2014 | 72,771 1000 USD | +29.7% |
| 2015 | 85,676 1000 USD | +17.7% |
| 2016 | 87,513 1000 USD | +2.1% |
| 2017 | 85,350 1000 USD | -2.5% |
| 2018 | 67,866 1000 USD | -20.5% |
| 2019 | 71,225 1000 USD | +4.9% |
| 2020 | 65,241 1000 USD | -8.4% |
| 2021 | 71,481 1000 USD | +9.6% |
| 2022 | 80,036 1000 USD | +12.0% |
| 2023 | 80,361 1000 USD | +0.4% |
| 2024 | 78,848 1000 USD | -1.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 6,569 1000 USD | 3,908 1000 USD | 9,629 1000 USD | 9 |
| 1970s | 15,611 1000 USD | 10,680 1000 USD | 24,262 1000 USD | 10 |
| 1980s | 35,678 1000 USD | 20,410 1000 USD | 51,035 1000 USD | 10 |
| 1990s | 45,954 1000 USD | 38,012 1000 USD | 61,938 1000 USD | 10 |
| 2000s | 38,044 1000 USD | 30,518 1000 USD | 47,907 1000 USD | 10 |
| 2010s | 68,360 1000 USD | 48,642 1000 USD | 87,513 1000 USD | 10 |
| 2020s | 75,193 1000 USD | 65,241 1000 USD | 80,361 1000 USD | 5 |
Countries ranked near Republic of Korea
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Frequently asked questions
- What is other oil seeds, n.e.c. — gross production value in Republic of Korea?
- Other oil seeds, n.e.c. — gross production value in Republic of Korea was 78,848 1000 USD in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest other oil seeds, n.e.c. — gross production value recorded in Republic of Korea?
- The highest recorded value was 87,513 1000 USD in 2016.
- What is the lowest other oil seeds, n.e.c. — gross production value recorded in Republic of Korea?
- The lowest recorded value was 3,908 1000 USD in 1963.
- How does Republic of Korea rank for other oil seeds, n.e.c. — gross production value?
- Republic of Korea ranks 5th out of 30 countries with data for 2024.
- Is other oil seeds, n.e.c. — gross production value rising or falling in Republic of Korea?
- Over the last ten years it is up 8.4%. 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 Other oil seeds, n.e.c. — 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.