Value Added (Manufacture of food, beverages and tobacco products) in Republic of Korea
Republic of Korea: Value Added (Manufacture of food, beverages and tobacco products) was 20,892 million USD in 2007. ▲ Rising
Value Added (Manufacture of food, beverages and tobacco products) in Republic of Korea, 1990–2007
Source: Food and Agriculture Organization of the United Nations. Measured in million USD.
Analysis
Republic of Korea recorded 20,892 million USD for value added (manufacture of food, beverages and tobacco products) in 2007. That is the highest value across all 18 years on record.
That represents a change of up 18.7% on the previous year and up 63.5% over ten years.
Over the whole period, value added (manufacture of food, beverages and tobacco products) in Republic of Korea peaked at 20,892 million USD in 2007 and was at its lowest, 7,888 million USD, in 1990.
That places Republic of Korea 9th out of 46 countries with data for 2007, putting it in the top quarter.
The long-run direction has been consistently rising across the 18 years of available data.
Value Added (Manufacture of food, beverages and tobacco products) in Republic of Korea, year by year
| Year | million USD | Change |
|---|---|---|
| 1990 | 7,888 million USD | — |
| 1991 | 9,192 million USD | +16.5% |
| 1992 | 9,604 million USD | +4.5% |
| 1993 | 10,218 million USD | +6.4% |
| 1994 | 11,578 million USD | +13.3% |
| 1995 | 12,976 million USD | +12.1% |
| 1996 | 14,128 million USD | +8.9% |
| 1997 | 12,774 million USD | -9.6% |
| 1998 | 9,094 million USD | -28.8% |
| 1999 | 11,744 million USD | +29.1% |
| 2000 | 13,125 million USD | +11.8% |
| 2001 | 11,545 million USD | -12.0% |
| 2002 | 12,548 million USD | +8.7% |
| 2003 | 13,383 million USD | +6.7% |
| 2004 | 15,856 million USD | +18.5% |
| 2005 | 16,729 million USD | +5.5% |
| 2006 | 17,607 million USD | +5.3% |
| 2007 | 20,892 million USD | +18.7% |
Biggest year-on-year movements
Years where Value Added (Manufacture of food, beverages and tobacco products) in Republic of Korea changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1998 | -28.8% | 12,774 million USD | 9,094 million USD |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 10,920 million USD | 7,888 million USD | 14,128 million USD | 10 |
| 2000s | 15,211 million USD | 11,545 million USD | 20,892 million USD | 8 |
Countries ranked near Republic of Korea
- 6 Argentina 30,539 million USD
- 7 Russian Federation 22,951 million USD compare
- 7 Russia 22,951 million USD compare
- 10 Colombia 13,589 million USD
- 11 South Africa 12,649 million USD compare
- 12 Malaysia 12,066 million USD
More agriculture & rural data for Republic of Korea
- Meat of chickens, fresh or chilled — Production, annual growth rate 1.3 % change on previous year (2024)
- Meat of chickens, fresh or chilled — Producing Animals/Slaughtered -1.12 % change on previous year (2024)
- Meat of goat, fresh or chilled — Yield/Carcass Weight, annual growth 0 % change on previous year (2024)
- Meat of goat, fresh or chilled — Production, annual growth rate 0.6855 % change on previous year (2024)
- Meat of goat, fresh or chilled — Producing Animals/Slaughtered 1.61 % change on previous year (2024)
- Meat of sheep, fresh or chilled — Yield/Carcass Weight, annual growth 0 % change on previous year (2024)
- Meat of sheep, fresh or chilled — Production, annual growth rate -11.22 % change on previous year (2024)
- 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)
Frequently asked questions
- What is value added (manufacture of food, beverages and tobacco products) in Republic of Korea?
- Value added (manufacture of food, beverages and tobacco products) in Republic of Korea was 20,892 million USD in 2007, according to Food and Agriculture Organization of the United Nations.
- What is the highest value added (manufacture of food, beverages and tobacco products) recorded in Republic of Korea?
- The highest recorded value was 20,892 million USD in 2007.
- What is the lowest value added (manufacture of food, beverages and tobacco products) recorded in Republic of Korea?
- The lowest recorded value was 7,888 million USD in 1990.
- How does Republic of Korea rank for value added (manufacture of food, beverages and tobacco products)?
- Republic of Korea ranks 9th out of 46 countries with data for 2007.
- Is value added (manufacture of food, beverages and tobacco products) rising or falling in Republic of Korea?
- Over the last ten years it is up 63.5%. 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, beverages and tobacco products) — Value US$. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 18 observations, free to reuse under CC BY-NC-SA 3.0 IGO (FAO).
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).