Rice — Gross Production Value in Republic of Korea

Republic of Korea: Rice — Gross Production Value was 8.21 million 1000 USD in 2024. ▼ Falling

Latest (2024)
8.21 million 1000 USD
Change on year
down 2.3%
World rank
8th
of 86 countries
All-time high
14.64 million 1000 USD
in 1978
All-time low
6.99 million 1000 USD
in 1962
Years of data
64
1961–2024

Rice — Gross Production Value in Republic of Korea, 1961–2024

05.0M10.0M15.0M196119922024

Source: Food and Agriculture Organization of the United Nations. Measured in 1000 USD.

Analysis

The most recent figure for rice — gross production value in Republic of Korea is 8.21 million 1000 USD, measured in 2024.

The figure is down 2.3% on the previous year and down 15.2% over ten years.

Over the whole period, rice — gross production value in Republic of Korea peaked at 14.64 million 1000 USD in 1978 and was at its lowest, 6.99 million 1000 USD, in 1962.

That places Republic of Korea 8th out of 86 countries with data for 2024, putting it in the top 10%.

The long-run direction has been consistently falling across the 64 years of available data.

Rice — Gross Production Value in Republic of Korea, year by year

Annual values for Rice — Gross Production Value (constant 2014-2016 thousand US$) in Republic of Korea, 1961 to 2024.
Year 1000 USD Change
1961 8.03 million 1000 USD
1962 6.99 million 1000 USD -12.9%
1963 8.72 million 1000 USD +24.7%
1964 9.17 million 1000 USD +5.2%
1965 8.35 million 1000 USD -8.9%
1966 9.35 million 1000 USD +11.9%
1967 8.59 million 1000 USD -8.1%
1968 7.62 million 1000 USD -11.3%
1969 9.76 million 1000 USD +28.1%
1970 9.40 million 1000 USD -3.7%
1971 9.54 million 1000 USD +1.5%
1972 9.43 million 1000 USD -1.1%
1973 10.04 million 1000 USD +6.4%
1974 10.59 million 1000 USD +5.5%
1975 11.13 million 1000 USD +5.0%
1976 12.44 million 1000 USD +11.8%
1977 14.32 million 1000 USD +15.2%
1978 14.64 million 1000 USD +2.2%
1979 13.52 million 1000 USD -7.6%
1980 9.11 million 1000 USD -32.6%
1981 12.27 million 1000 USD +34.6%
1982 12.54 million 1000 USD +2.2%
1983 13.05 million 1000 USD +4.1%
1984 13.68 million 1000 USD +4.8%
1985 13.48 million 1000 USD -1.4%
1986 13.51 million 1000 USD +0.2%
1987 13.03 million 1000 USD -3.5%
1988 14.17 million 1000 USD +8.7%
1989 13.90 million 1000 USD -1.9%
1990 13.25 million 1000 USD -4.7%
1991 12.51 million 1000 USD -5.6%
1992 12.45 million 1000 USD -0.5%
1993 10.99 million 1000 USD -11.8%
1994 11.71 million 1000 USD +6.6%
1995 10.96 million 1000 USD -6.4%
1996 12.22 million 1000 USD +11.5%
1997 12.55 million 1000 USD +2.7%
1998 11.65 million 1000 USD -7.2%
1999 12.12 million 1000 USD +4.1%
2000 12.35 million 1000 USD +1.8%
2001 12.71 million 1000 USD +2.9%
2002 11.47 million 1000 USD -9.7%
2003 10.56 million 1000 USD -8.0%
2004 11.56 million 1000 USD +9.5%
2005 11.04 million 1000 USD -4.5%
2006 10.82 million 1000 USD -2.0%
2007 10.23 million 1000 USD -5.5%
2008 11.10 million 1000 USD +8.5%
2009 11.16 million 1000 USD +0.5%
2010 9.97 million 1000 USD -10.6%
2011 9.64 million 1000 USD -3.4%
2012 9.27 million 1000 USD -3.8%
2013 9.66 million 1000 USD +4.2%
2014 9.67 million 1000 USD +0.1%
2015 9.90 million 1000 USD +2.4%
2016 9.65 million 1000 USD -2.5%
2017 9.07 million 1000 USD -6.0%
2018 8.92 million 1000 USD -1.7%
2019 8.61 million 1000 USD -3.5%
2020 8.09 million 1000 USD -6.0%
2021 8.94 million 1000 USD +10.6%
2022 8.58 million 1000 USD -4.1%
2023 8.40 million 1000 USD -2.0%
2024 8.21 million 1000 USD -2.3%

Averages by decade

DecadeAverage LowestHighest Years
1960s 8.51 million 1000 USD 6.99 million 1000 USD 9.76 million 1000 USD 9
1970s 11.50 million 1000 USD 9.40 million 1000 USD 14.64 million 1000 USD 10
1980s 12.87 million 1000 USD 9.11 million 1000 USD 14.17 million 1000 USD 10
1990s 12.04 million 1000 USD 10.96 million 1000 USD 13.25 million 1000 USD 10
2000s 11.30 million 1000 USD 10.23 million 1000 USD 12.71 million 1000 USD 10
2010s 9.44 million 1000 USD 8.61 million 1000 USD 9.97 million 1000 USD 10
2020s 8.44 million 1000 USD 8.09 million 1000 USD 8.94 million 1000 USD 5

Countries ranked near Republic of Korea

  1. 5 Japan 17.89 million 1000 USD compare
  2. 6 Bangladesh 13.74 million 1000 USD compare
  3. 7 Thailand 8.21 million 1000 USD compare
  4. 9 Philippines 7.63 million 1000 USD compare
  5. 9 Türkiye 664,991 1000 USD compare
  6. 10 Pakistan 5.33 million 1000 USD compare
  7. 11 Nigeria 3.75 million 1000 USD compare

See the full ranking of 126 places →

More agriculture & rural data for Republic of Korea

All data for Republic of Korea →

Frequently asked questions

What is rice — gross production value in Republic of Korea?
Rice — gross production value in Republic of Korea was 8.21 million 1000 USD in 2024, according to Food and Agriculture Organization of the United Nations.
What is the highest rice — gross production value recorded in Republic of Korea?
The highest recorded value was 14.64 million 1000 USD in 1978.
What is the lowest rice — gross production value recorded in Republic of Korea?
The lowest recorded value was 6.99 million 1000 USD in 1962.
How does Republic of Korea rank for rice — gross production value?
Republic of Korea ranks 8th out of 86 countries with data for 2024.
Is rice — gross production value rising or falling in Republic of Korea?
Over the last ten years it is down 15.2%. The long-run trend across the full record is falling.
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 Rice — Gross Production Value (constant 2014-2016 thousand US$). Statizoid updates them automatically from the source API.

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Rice — Gross Production Value in Republic of Korea. Statizoid, drawing on Food and Agriculture Organization of the United Nations. Retrieved 03 September 2026, from https://agriculture.statizoid.com/stat/rice-gross-production-value-constant-2014-2016-thousand-us/republic-of-korea/

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About this data

Indicator
Rice — Gross Production Value (constant 2014-2016 thousand US$)
Unit
1000 USD
Source
Food and Agriculture Organization of the United Nations
Licence
CC BY-NC-SA 3.0 IGO (FAO)
Coverage
126 places, 7,501 data points, 1961–2024
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.