Total Credit — Value US$, 2015 prices in Republic of Korea
Republic of Korea: Total Credit — Value US$, 2015 prices was 1.50 million million USD in 2024. ▲ Rising
Total Credit — Value US$, 2015 prices in Republic of Korea, 2008–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million USD.
Analysis
The most recent figure for total credit — value us$, 2015 prices in Republic of Korea is 1.50 million million USD, measured in 2024. That is the highest value across all 17 years on record.
That represents a change of up 1.5% on the previous year and up 85.9% over ten years.
Over the whole period, total credit — value us$, 2015 prices in Republic of Korea peaked at 1.50 million million USD in 2024 and was at its lowest, 690,004 million USD, in 2010.
Republic of Korea ranks 5th of 166 countries on this measure, in the top 10%.
The long-run direction has been consistently rising across the 17 years of available data.
Total Credit — Value US$, 2015 prices in Republic of Korea, year by year
| Year | million USD | Change |
|---|---|---|
| 2008 | 697,871 million USD | — |
| 2009 | 699,051 million USD | +0.2% |
| 2010 | 690,004 million USD | -1.3% |
| 2011 | 726,465 million USD | +5.3% |
| 2012 | 736,056 million USD | +1.3% |
| 2013 | 763,530 million USD | +3.7% |
| 2014 | 805,840 million USD | +5.5% |
| 2015 | 834,119 million USD | +3.5% |
| 2016 | 853,790 million USD | +2.4% |
| 2017 | 892,972 million USD | +4.6% |
| 2018 | 946,838 million USD | +6.0% |
| 2019 | 1.03 million million USD | +8.4% |
| 2020 | 1.17 million million USD | +13.6% |
| 2021 | 1.28 million million USD | +9.9% |
| 2022 | 1.43 million million USD | +11.7% |
| 2023 | 1.48 million million USD | +3.2% |
| 2024 | 1.50 million million USD | +1.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 698,461 million USD | 697,871 million USD | 699,051 million USD | 2 |
| 2010s | 827,589 million USD | 690,004 million USD | 1.03 million million USD | 10 |
| 2020s | 1.37 million million USD | 1.17 million million USD | 1.50 million million USD | 5 |
Countries ranked near Republic of Korea
- 2 Japan 4.77 million million USD compare
- 3 India 2.02 million million USD compare
- 3 Viet Nam 554,855 million USD compare
- 4 Germany 1.62 million million USD compare
- 4 Türkiye 421,748 million USD compare
- 6 Switzerland 1.37 million million USD compare
- 7 Austria 1.29 million million USD compare
- 8 France 1.27 million million USD compare
More agriculture & rural data for Republic of Korea
- Vegetables Primary — Area harvested, annual growth rate -0.2061 % change on previous year (2024)
- Tomatoes — Production, annual growth rate -5.34 % change on previous year (2024)
- Tomatoes — Yield, annual growth rate 0.0406 % change on previous year (2024)
- Tomatoes — Area harvested, annual growth rate -5.39 % change on previous year (2024)
- Swine / pigs — Stocks, annual growth rate -2.19 % change on previous year (2024)
- Meat of pig with the bone, fresh or chilled — Producing 1.41 % change on previous year (2024)
- Meat of pig with the bone, fresh or chilled — Production, annual 1.39 % change on previous year (2024)
- Meat of pig with the bone, fresh or chilled — Yield/Carcass Weight 0 % change on previous year (2024)
- Fat of pigs — Producing Animals/Slaughtered, annual growth rate 1.41 % change on previous year (2024)
- Vegetables Primary — Yield, annual growth rate 0.4263 % change on previous year (2024)
Frequently asked questions
- What is total credit — value us$, 2015 prices in Republic of Korea?
- Total credit — value us$, 2015 prices in Republic of Korea was 1.50 million million USD in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest total credit — value us$, 2015 prices recorded in Republic of Korea?
- The highest recorded value was 1.50 million million USD in 2024.
- What is the lowest total credit — value us$, 2015 prices recorded in Republic of Korea?
- The lowest recorded value was 690,004 million USD in 2010.
- How does Republic of Korea rank for total credit — value us$, 2015 prices?
- Republic of Korea ranks 5th out of 166 countries with data for 2024.
- Is total credit — value us$, 2015 prices rising or falling in Republic of Korea?
- Over the last ten years it is up 85.9%. 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 Total Credit — Value US$, 2015 prices. Statizoid updates them automatically from the source API.
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About this data
Credit to agriculture measures the amount of loans and advances given by the banking sector to farmers, rural households, agricultural cooperatives, or any other agri-related businesses. Each country’s central bank compiles its credit stocks by economic activities as part of its monetary and financial statistics publications via annual or quarterly reports online. Data collection has been carried out mostly through reports found on the central bank websites. Data are collected and compiled according to the International Standard Industrial Classification of All Economic Activities (ISIC Rev. 4: https://unstats.un.org/unsd/classifications/Econ/isic) with a special concentration on the credit to agriculture, forestry and fishing sector separately from the ones to manufacturing and services.