Raw milk of cattle — Gross Production Value in Republic of Korea

Republic of Korea: Raw milk of cattle — Gross Production Value was 883,007 1000 USD in 2024. ▲ Rising

Latest (2024)
883,007 1000 USD
Change on year
down 16.8%
World rank
52nd
of 151 countries
All-time high
1.96 million 1000 USD
in 2006
All-time low
433,912 1000 USD
in 1998
Years of data
34
1991–2024

Raw milk of cattle — Gross Production Value in Republic of Korea, 1991–2024

500.0k1.0M1.5M2.0M1991200720241991: 493.3k 1000 USD1992: 495.0k 1000 USD1993: 546.5k 1000 USD1994: 574.1k 1000 USD1995: 631.9k 1000 USD1996: 639.0k 1000 USD1997: 527.2k 1000 USD1998: 433.9k 1000 USD1999: 566.3k 1000 USD2000: 597.6k 1000 USD2001: 543.5k 1000 USD2002: 608.4k 1000 USD2003: 588.7k 1000 USD2004: 612.5k 1000 USD2005: 726.7k 1000 USD2006: 2.0M 1000 USD2007: 1.7M 1000 USD2008: 1.5M 1000 USD2009: 1.3M 1000 USD2010: 1.5M 1000 USD2011: 1.2M 1000 USD2012: 1.1M 1000 USD2013: 1.3M 1000 USD2014: 1.7M 1000 USD2015: 1.5M 1000 USD2016: 1.2M 1000 USD2017: 1.5M 1000 USD2018: 1.4M 1000 USD2019: 1.2M 1000 USD2020: 1.1M 1000 USD2021: 1.2M 1000 USD2022: 1.1M 1000 USD2023: 1.1M 1000 USD2024: 883.0k 1000 USD

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 883,007 1000 USD.

Compared with earlier readings it is down 16.8% on the previous year and down 47.6% over ten years.

Over the whole period, raw milk of cattle — gross production value in Republic of Korea peaked at 1.96 million 1000 USD in 2006 and was at its lowest, 433,912 1000 USD, in 1998.

Republic of Korea ranks 52nd 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.

Raw milk of cattle — Gross Production Value in Republic of Korea, year by year

Annual values for Raw milk of cattle — Gross Production Value (current thousand US$) in Republic of Korea, 1991 to 2024.
Year 1000 USD Change
1991 493,269 1000 USD
1992 495,011 1000 USD +0.4%
1993 546,506 1000 USD +10.4%
1994 574,079 1000 USD +5.0%
1995 631,940 1000 USD +10.1%
1996 639,048 1000 USD +1.1%
1997 527,198 1000 USD -17.5%
1998 433,912 1000 USD -17.7%
1999 566,263 1000 USD +30.5%
2000 597,583 1000 USD +5.5%
2001 543,502 1000 USD -9.0%
2002 608,350 1000 USD +11.9%
2003 588,713 1000 USD -3.2%
2004 612,520 1000 USD +4.0%
2005 726,678 1000 USD +18.6%
2006 1.96 million 1000 USD +170.1%
2007 1.70 million 1000 USD -13.4%
2008 1.45 million 1000 USD -14.5%
2009 1.34 million 1000 USD -7.5%
2010 1.52 million 1000 USD +13.0%
2011 1.17 million 1000 USD -23.1%
2012 1.12 million 1000 USD -4.1%
2013 1.30 million 1000 USD +16.0%
2014 1.69 million 1000 USD +29.7%
2015 1.49 million 1000 USD -11.6%
2016 1.20 million 1000 USD -19.3%
2017 1.50 million 1000 USD +25.1%
2018 1.41 million 1000 USD -5.9%
2019 1.19 million 1000 USD -16.2%
2020 1.07 million 1000 USD -10.0%
2021 1.18 million 1000 USD +10.2%
2022 1.10 million 1000 USD -6.5%
2023 1.06 million 1000 USD -3.4%
2024 883,007 1000 USD -16.8%

Averages by decade

DecadeAverage LowestHighest Years
1990s 545,247 1000 USD 433,912 1000 USD 639,048 1000 USD 9
2000s 1.01 million 1000 USD 543,502 1000 USD 1.96 million 1000 USD 10
2010s 1.36 million 1000 USD 1.12 million 1000 USD 1.69 million 1000 USD 10
2020s 1.06 million 1000 USD 883,007 1000 USD 1.18 million 1000 USD 5

Countries ranked near Republic of Korea

  1. 49 Algeria 925,081 1000 USD compare
  2. 50 Portugal 914,511 1000 USD compare
  3. 51 Peru 913,057 1000 USD compare
  4. 53 Costa Rica 829,713 1000 USD compare
  5. 54 Ecuador 805,240 1000 USD compare
  6. 55 Thailand 750,980 1000 USD compare

See the full ranking of 194 places →

More agriculture & rural data for Republic of Korea

All data for Republic of Korea →

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 883,007 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 1.96 million 1000 USD in 2006.
What is the lowest raw milk of cattle — gross production value recorded in Republic of Korea?
The lowest recorded value was 433,912 1000 USD in 1998.
How does Republic of Korea rank for raw milk of cattle — gross production value?
Republic of Korea ranks 52nd out of 151 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 47.6%. 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 Raw milk of cattle — Gross Production Value (current thousand US$). Statizoid updates them automatically from the source API.

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Raw milk of cattle — Gross Production Value in Republic of Korea. Statizoid, drawing on Food and Agriculture Organization of the United Nations. Retrieved 10 September 2026, from https://agriculture.statizoid.com/stat/raw-milk-of-cattle-gross-production-value-current-thousand-us/republic-of-korea/

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About this data

Indicator
Raw milk of cattle — Gross Production Value (current thousand US$)
Unit
1000 USD
Source
Food and Agriculture Organization of the United Nations
Licence
CC BY-NC-SA 3.0 IGO (FAO)
Coverage
194 places, 5,852 data points, 1991–2024
Last refreshed

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.