Raw milk of cattle — Gross Production Value in Republic of Korea
Republic of Korea: Raw milk of cattle — Gross Production Value was 1.19 million 1000 USD in 2024. ◆ Volatile
Latest (2024)
1.19 million 1000 USD
Change on year
down 8.5%
World rank
37th
of 136 countries
All-time high
1.72 million 1000 USD
in 2002
All-time low
1,043 1000 USD
in 1961
Years of data
64
1961–2024
Raw milk of cattle — Gross Production Value in Republic of Korea, 1961–2024
Source: Food and Agriculture Organization of the United Nations. Measured in 1000 USD.
Analysis
In 2024, raw milk of cattle — gross production value in Republic of Korea stood at 1.19 million 1000 USD.
The figure is down 8.5% on the previous year and down 20.2% over ten years.
Over the whole period, raw milk of cattle — gross production value in Republic of Korea peaked at 1.72 million 1000 USD in 2002 and was at its lowest, 1,043 1000 USD, in 1961.
That places Republic of Korea 37th out of 136 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Raw milk of cattle — Gross Production Value in Republic of Korea, year by year
| Year | 1000 USD | Change |
|---|---|---|
| 1961 | 1,043 1000 USD | — |
| 1962 | 2,221 1000 USD | +112.9% |
| 1963 | 3,166 1000 USD | +42.5% |
| 1964 | 5,800 1000 USD | +83.2% |
| 1965 | 7,262 1000 USD | +25.2% |
| 1966 | 9,872 1000 USD | +35.9% |
| 1967 | 12,975 1000 USD | +31.4% |
| 1968 | 16,472 1000 USD | +27.0% |
| 1969 | 23,984 1000 USD | +45.6% |
| 1970 | 35,084 1000 USD | +46.3% |
| 1971 | 44,160 1000 USD | +25.9% |
| 1972 | 53,995 1000 USD | +22.3% |
| 1973 | 70,379 1000 USD | +30.3% |
| 1974 | 85,808 1000 USD | +21.9% |
| 1975 | 108,418 1000 USD | +26.3% |
| 1976 | 133,434 1000 USD | +23.1% |
| 1977 | 176,196 1000 USD | +32.0% |
| 1978 | 216,965 1000 USD | +23.1% |
| 1979 | 257,443 1000 USD | +18.7% |
| 1980 | 305,857 1000 USD | +18.8% |
| 1981 | 346,799 1000 USD | +13.4% |
| 1982 | 389,643 1000 USD | +12.4% |
| 1983 | 481,583 1000 USD | +23.6% |
| 1984 | 568,362 1000 USD | +18.0% |
| 1985 | 680,311 1000 USD | +19.7% |
| 1986 | 780,627 1000 USD | +14.7% |
| 1987 | 955,533 1000 USD | +22.4% |
| 1988 | 1.10 million 1000 USD | +15.5% |
| 1989 | 1.19 million 1000 USD | +8.0% |
| 1990 | 1.18 million 1000 USD | -0.6% |
| 1991 | 1.18 million 1000 USD | -0.6% |
| 1992 | 1.23 million 1000 USD | +4.3% |
| 1993 | 1.26 million 1000 USD | +2.3% |
| 1994 | 1.30 million 1000 USD | +3.2% |
| 1995 | 1.35 million 1000 USD | +4.2% |
| 1996 | 1.38 million 1000 USD | +1.8% |
| 1997 | 1.34 million 1000 USD | -2.4% |
| 1998 | 1.37 million 1000 USD | +2.2% |
| 1999 | 1.52 million 1000 USD | +10.7% |
| 2000 | 1.52 million 1000 USD | +0.4% |
| 2001 | 1.58 million 1000 USD | +3.8% |
| 2002 | 1.72 million 1000 USD | +8.5% |
| 2003 | 1.60 million 1000 USD | -6.7% |
| 2004 | 1.52 million 1000 USD | -4.7% |
| 2005 | 1.51 million 1000 USD | -1.2% |
| 2006 | 1.48 million 1000 USD | -2.0% |
| 2007 | 1.48 million 1000 USD | +0.2% |
| 2008 | 1.49 million 1000 USD | +0.5% |
| 2009 | 1.50 million 1000 USD | +1.0% |
| 2010 | 1.40 million 1000 USD | -6.7% |
| 2011 | 1.28 million 1000 USD | -8.9% |
| 2012 | 1.43 million 1000 USD | +11.8% |
| 2013 | 1.42 million 1000 USD | -0.9% |
| 2014 | 1.50 million 1000 USD | +5.8% |
| 2015 | 1.47 million 1000 USD | -2.1% |
| 2016 | 1.40 million 1000 USD | -4.5% |
| 2017 | 1.39 million 1000 USD | -0.5% |
| 2018 | 1.38 million 1000 USD | -0.8% |
| 2019 | 1.39 million 1000 USD | +0.4% |
| 2020 | 1.41 million 1000 USD | +1.9% |
| 2021 | 1.38 million 1000 USD | -2.6% |
| 2022 | 1.34 million 1000 USD | -2.9% |
| 2023 | 1.30 million 1000 USD | -2.3% |
| 2024 | 1.19 million 1000 USD | -8.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 9,199 1000 USD | 1,043 1000 USD | 23,984 1000 USD | 9 |
| 1970s | 118,188 1000 USD | 35,084 1000 USD | 257,443 1000 USD | 10 |
| 1980s | 680,348 1000 USD | 305,857 1000 USD | 1.19 million 1000 USD | 10 |
| 1990s | 1.31 million 1000 USD | 1.18 million 1000 USD | 1.52 million 1000 USD | 10 |
| 2000s | 1.54 million 1000 USD | 1.48 million 1000 USD | 1.72 million 1000 USD | 10 |
| 2010s | 1.40 million 1000 USD | 1.28 million 1000 USD | 1.50 million 1000 USD | 10 |
| 2020s | 1.32 million 1000 USD | 1.19 million 1000 USD | 1.41 million 1000 USD | 5 |
Countries ranked near Republic of Korea
More agriculture & rural data for Republic of Korea
- Raw milk of cattle — Yield/Carcass Weight, annual growth rate -8.58 % change on previous year (2024)
- Raw milk of cattle — Production, annual growth rate -8.47 % change on previous year (2024)
- Raw milk of cattle — Milk Animals, annual growth rate 0.115 % change on previous year (2024)
- Sheep — Stocks, annual growth rate -11.06 % change on previous year (2024)
- Sheep fat, unrendered — Production, annual growth rate -11.54 % change on previous year (2024)
- Sheep fat, unrendered — Producing Animals/Slaughtered, annual growth -11.32 % change on previous year (2024)
- Beef and Buffalo Meat, primary — Yield/Carcass Weight, annual growth 2.15 % change on previous year (2024)
- Beef and Buffalo Meat, primary — Production, annual growth rate 7.25 % change on previous year (2024)
- Beef and Buffalo Meat, primary — Producing Animals/Slaughtered 5.09 % change on previous year (2024)
- Cattle and Buffaloes — Stocks, annual growth rate -3.61 % change on previous year (2024)
Frequently asked questions
- What is raw milk of cattle — gross production value in Republic of Korea?
- Raw milk of cattle — gross production value in Republic of Korea was 1.19 million 1000 USD in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest raw milk of cattle — gross production value recorded in Republic of Korea?
- The highest recorded value was 1.72 million 1000 USD in 2002.
- What is the lowest raw milk of cattle — gross production value recorded in Republic of Korea?
- The lowest recorded value was 1,043 1000 USD in 1961.
- How does Republic of Korea rank for raw milk of cattle — gross production value?
- Republic of Korea ranks 37th out of 136 countries with data for 2024.
- Is raw milk of cattle — gross production value rising or falling in Republic of Korea?
- Over the last ten years it is down 20.2%. 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 Raw milk of cattle — 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.