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 86,022 1000 USD in 2024. ▲ Rising
Other oil seeds, n.e.c. — 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, other oil seeds, n.e.c. — gross production value in Republic of Korea stood at 86,022 1000 USD.
Compared with earlier readings it is down 3.0% on the previous year and up 15.6% over ten years.
Over the whole period, other oil seeds, n.e.c. — gross production value in Republic of Korea peaked at 93,628 1000 USD in 2017 and was at its lowest, 23,154 1000 USD, in 1998.
Republic of Korea ranks 5th of 29 countries on this measure, in the top quarter.
The long-run direction has been consistently rising across the 34 years of available data.
Other oil seeds, n.e.c. — Gross Production Value in Republic of Korea, year by year
| Year | 1000 USD | Change |
|---|---|---|
| 1991 | 26,018 1000 USD | — |
| 1992 | 33,629 1000 USD | +29.3% |
| 1993 | 29,268 1000 USD | -13.0% |
| 1994 | 26,394 1000 USD | -9.8% |
| 1995 | 34,934 1000 USD | +32.4% |
| 1996 | 33,995 1000 USD | -2.7% |
| 1997 | 28,222 1000 USD | -17.0% |
| 1998 | 23,154 1000 USD | -18.0% |
| 1999 | 31,502 1000 USD | +36.1% |
| 2000 | 27,641 1000 USD | -12.3% |
| 2001 | 24,454 1000 USD | -11.5% |
| 2002 | 24,207 1000 USD | -1.0% |
| 2003 | 29,159 1000 USD | +20.5% |
| 2004 | 27,712 1000 USD | -5.0% |
| 2005 | 31,410 1000 USD | +13.3% |
| 2006 | 44,284 1000 USD | +41.0% |
| 2007 | 56,844 1000 USD | +28.4% |
| 2008 | 42,116 1000 USD | -25.9% |
| 2009 | 40,474 1000 USD | -3.9% |
| 2010 | 51,850 1000 USD | +28.1% |
| 2011 | 52,269 1000 USD | +0.8% |
| 2012 | 49,110 1000 USD | -6.0% |
| 2013 | 54,791 1000 USD | +11.6% |
| 2014 | 74,400 1000 USD | +35.8% |
| 2015 | 83,400 1000 USD | +12.1% |
| 2016 | 87,880 1000 USD | +5.4% |
| 2017 | 93,628 1000 USD | +6.5% |
| 2018 | 79,204 1000 USD | -15.4% |
| 2019 | 79,847 1000 USD | +0.8% |
| 2020 | 73,976 1000 USD | -7.4% |
| 2021 | 85,798 1000 USD | +16.0% |
| 2022 | 86,956 1000 USD | +1.3% |
| 2023 | 88,695 1000 USD | +2.0% |
| 2024 | 86,022 1000 USD | -3.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 29,680 1000 USD | 23,154 1000 USD | 34,934 1000 USD | 9 |
| 2000s | 34,830 1000 USD | 24,207 1000 USD | 56,844 1000 USD | 10 |
| 2010s | 70,638 1000 USD | 49,110 1000 USD | 93,628 1000 USD | 10 |
| 2020s | 84,289 1000 USD | 73,976 1000 USD | 88,695 1000 USD | 5 |
Countries ranked near Republic of Korea
More agriculture & rural data for Republic of Korea
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- Sheep and Goat Meat — Yield/Carcass Weight, annual growth rate 0 % change on previous year (2024)
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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 86,022 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 93,628 1000 USD in 2017.
- What is the lowest other oil seeds, n.e.c. — gross production value recorded in Republic of Korea?
- The lowest recorded value was 23,154 1000 USD in 1998.
- How does Republic of Korea rank for other oil seeds, n.e.c. — gross production value?
- Republic of Korea ranks 5th out of 29 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 15.6%. 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 Other oil seeds, n.e.c. — 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.