Value Added (Manufacture of food and beverages) — Value Standard in Republic of Korea
Republic of Korea: Value Added (Manufacture of food and beverages) — Value Standard was 17.92 million million SLC in 2007. ▲ Rising
Value Added (Manufacture of food and beverages) — Value Standard in Republic of Korea, 1990–2007
Source: Food and Agriculture Organization of the United Nations. Measured in million SLC.
Analysis
The most recent figure for value added (manufacture of food and beverages) — value standard in Republic of Korea is 17.92 million million SLC, measured in 2007. That is the highest value across all 18 years on record.
That represents a change of up 15.6% on the previous year and up 83.0% over ten years.
Over the whole period, value added (manufacture of food and beverages) — value standard in Republic of Korea peaked at 17.92 million million SLC in 2007 and was at its lowest, 4.13 million million SLC, in 1990.
That places Republic of Korea 3rd out of 46 countries with data for 2007, putting it in the top 10%.
The long-run direction has been consistently rising across the 18 years of available data.
Value Added (Manufacture of food and beverages) — Value Standard in Republic of Korea, year by year
| Year | million SLC | Change |
|---|---|---|
| 1990 | 4.13 million million SLC | — |
| 1991 | 5.11 million million SLC | +23.9% |
| 1992 | 5.92 million million SLC | +15.8% |
| 1993 | 6.57 million million SLC | +10.9% |
| 1994 | 7.61 million million SLC | +15.8% |
| 1995 | 8.12 million million SLC | +6.8% |
| 1996 | 9.12 million million SLC | +12.3% |
| 1997 | 9.79 million million SLC | +7.3% |
| 1998 | 10.60 million million SLC | +8.3% |
| 1999 | 12.24 million million SLC | +15.5% |
| 2000 | 12.89 million million SLC | +5.3% |
| 2001 | 12.91 million million SLC | +0.1% |
| 2002 | 13.90 million million SLC | +7.7% |
| 2003 | 13.89 million million SLC | -0.1% |
| 2004 | 15.91 million million SLC | +14.6% |
| 2005 | 15.84 million million SLC | -0.5% |
| 2006 | 15.50 million million SLC | -2.1% |
| 2007 | 17.92 million million SLC | +15.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 7.92 million million SLC | 4.13 million million SLC | 12.24 million million SLC | 10 |
| 2000s | 14.84 million million SLC | 12.89 million million SLC | 17.92 million million SLC | 8 |
Countries ranked near Republic of Korea
More agriculture & rural data for Republic of Korea
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- Meat of sheep, fresh or chilled — Yield/Carcass Weight, annual growth 0 % change on previous year (2024)
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- Meat of sheep, fresh or chilled — Producing Animals/Slaughtered -11.32 % change on previous year (2024)
- Onions and shallots, dry (excluding dehydrated) — Area harvested 7.71 % change on previous year (2024)
- Onions and shallots, dry (excluding dehydrated) — Yield, annual -6.96 % change on previous year (2024)
- Onions and shallots, dry (excluding dehydrated) — Production, annual 0.2072 % change on previous year (2024)
- Other fruits, n.e.c. — Area harvested, annual growth rate 3.46 % change on previous year (2024)
- Other fruits, n.e.c. — Yield, annual growth rate 15.14 % change on previous year (2024)
- Other fruits, n.e.c. — Production, annual growth rate 19.13 % change on previous year (2024)
Frequently asked questions
- What is value added (manufacture of food and beverages) — value standard in Republic of Korea?
- Value added (manufacture of food and beverages) — value standard in Republic of Korea was 17.92 million million SLC in 2007, according to Food and Agriculture Organization of the United Nations.
- What is the highest value added (manufacture of food and beverages) — value standard recorded in Republic of Korea?
- The highest recorded value was 17.92 million million SLC in 2007.
- What is the lowest value added (manufacture of food and beverages) — value standard recorded in Republic of Korea?
- The lowest recorded value was 4.13 million million SLC in 1990.
- How does Republic of Korea rank for value added (manufacture of food and beverages) — value standard?
- Republic of Korea ranks 3rd out of 46 countries with data for 2007.
- Is value added (manufacture of food and beverages) — value standard rising or falling in Republic of Korea?
- Over the last ten years it is up 83.0%. 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 Value Added (Manufacture of food and beverages) — Value Standard Local Currency. Statizoid updates them automatically from the source API.
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About this data
The FAOSTAT Macro Indicators database provides a selection of country-level macro indicators relating to total economy (Gross Domestic Product, Gross Fixed Capital Formation); agriculture activity; agriculture, forestry and fishing activity; total manufacturing activity; manufacturing of food products and beverages activity; manufacturing activity of tobacco products; and manufacturing activity of food, beverage and tobacco products.It releases time series for a selection of National Accounts variables, including gross domestic product, gross fixed capital formation, industry-level value added and gross output. The database also proposes additional indicators such as gross domestic product per capita, year-on-year growth rates and measures of industry contribution to gross domestic product. All data relating to Gross Domestic Product, Gross Fixed Capital Formation, agriculture, forestry and fishing activity, and to total manufacturing activity originates from the United Nations Statistics Division (UNSD) National Accounts Estimates of Main Aggregates database, which consists of a complete and consistent set of time series of the main National Accounts aggregates of all UN Members States and other territories in the world for which National Accounts information is available. The UNSD database's content is based on the countries' official National Accounts data reported to UNSD through the annual National Accounts Questionnaire, supplemented with data estimates for any years and countries with incomplete or inconsistent information (See http://unstats.un.org/unsd/snaama/Introduction.asp). Data series relating to the sub-industry Agriculture activity are obtained from the UNSD national accounts Official Country Data databases while series on the Manufacturing activity of food and beverages products, manufacturing activity of tobacco products and manufacturing activity of food, beverages and tobacco products originates from the United Nations Industrial Development Organization (UNIDO) INDSTAT2 database. In order to ensure that sub-industry series are consistent in levels with National Accounts based series, which is needed to support comparability across industries (agriculture vs. agro-industry and sub-industries), UNIDO originating series are rescaled on UNSD National Accounts Estimates of Main Aggregates data series (See Section 17.5 for a more detailed description of the data processing steps).