Wheat — Gross Production Value in Republic of Korea
Republic of Korea: Wheat — Gross Production Value was 26,108 1000 USD in 2024. ◆ Volatile
Latest (2024)
26,108 1000 USD
Change on year
down 27.9%
World rank
74th
of 100 countries
All-time high
156,487 1000 USD
in 1969
All-time low
385 1000 USD
in 1991
Years of data
64
1961–2024
Wheat — Gross Production Value in Republic of Korea, 1961–2024
Source: Food and Agriculture Organization of the United Nations. Measured in 1000 USD.
Analysis
Republic of Korea recorded 26,108 1000 USD for wheat — gross production value in 2024.
That represents a change of down 27.9% on the previous year and up 59.7% over ten years.
Over the whole period, wheat — gross production value in Republic of Korea peaked at 156,487 1000 USD in 1969 and was at its lowest, 385 1000 USD, in 1991.
That places Republic of Korea 74th out of 100 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Wheat — Gross Production Value in Republic of Korea, year by year
| Year | 1000 USD | Change |
|---|---|---|
| 1961 | 120,147 1000 USD | — |
| 1962 | 114,559 1000 USD | -4.7% |
| 1963 | 97,096 1000 USD | -15.2% |
| 1964 | 132,721 1000 USD | +36.7% |
| 1965 | 128,530 1000 USD | -3.2% |
| 1966 | 134,816 1000 USD | +4.9% |
| 1967 | 133,419 1000 USD | -1.0% |
| 1968 | 147,631 1000 USD | +10.7% |
| 1969 | 156,487 1000 USD | +6.0% |
| 1970 | 152,722 1000 USD | -2.4% |
| 1971 | 137,237 1000 USD | -10.1% |
| 1972 | 104,079 1000 USD | -24.2% |
| 1973 | 69,676 1000 USD | -33.1% |
| 1974 | 51,830 1000 USD | -25.6% |
| 1975 | 67,711 1000 USD | +30.6% |
| 1976 | 57,015 1000 USD | -15.8% |
| 1977 | 31,197 1000 USD | -45.3% |
| 1978 | 24,941 1000 USD | -20.1% |
| 1979 | 29,324 1000 USD | +17.6% |
| 1980 | 64,235 1000 USD | +119.1% |
| 1981 | 39,906 1000 USD | -37.9% |
| 1982 | 45,972 1000 USD | +15.2% |
| 1983 | 77,982 1000 USD | +69.6% |
| 1984 | 12,041 1000 USD | -84.6% |
| 1985 | 7,346 1000 USD | -39.0% |
| 1986 | 3,175 1000 USD | -56.8% |
| 1987 | 2,608 1000 USD | -17.9% |
| 1988 | 1,727 1000 USD | -33.8% |
| 1989 | 783 1000 USD | -54.7% |
| 1990 | 621 1000 USD | -20.7% |
| 1991 | 385 1000 USD | -38.0% |
| 1992 | 386 1000 USD | +0.3% |
| 1993 | 1,036 1000 USD | +168.4% |
| 1994 | 1,506 1000 USD | +45.4% |
| 1995 | 7,168 1000 USD | +376.0% |
| 1996 | 7,630 1000 USD | +6.4% |
| 1997 | 5,192 1000 USD | -32.0% |
| 1998 | 3,340 1000 USD | -35.7% |
| 1999 | 3,930 1000 USD | +17.7% |
| 2000 | 1,634 1000 USD | -58.4% |
| 2001 | 1,985 1000 USD | +21.5% |
| 2002 | 4,075 1000 USD | +105.3% |
| 2003 | 6,993 1000 USD | +71.6% |
| 2004 | 8,818 1000 USD | +26.1% |
| 2005 | 5,363 1000 USD | -39.2% |
| 2006 | 4,058 1000 USD | -24.3% |
| 2007 | 5,135 1000 USD | +26.5% |
| 2008 | 7,236 1000 USD | +40.9% |
| 2009 | 13,120 1000 USD | +81.3% |
| 2010 | 27,324 1000 USD | +108.3% |
| 2011 | 30,510 1000 USD | +11.7% |
| 2012 | 25,855 1000 USD | -15.3% |
| 2013 | 13,315 1000 USD | -48.5% |
| 2014 | 16,352 1000 USD | +22.8% |
| 2015 | 18,464 1000 USD | +12.9% |
| 2016 | 27,037 1000 USD | +46.4% |
| 2017 | 26,142 1000 USD | -3.3% |
| 2018 | 18,014 1000 USD | -31.1% |
| 2019 | 10,495 1000 USD | -41.7% |
| 2020 | 11,865 1000 USD | +13.1% |
| 2021 | 18,388 1000 USD | +55.0% |
| 2022 | 24,143 1000 USD | +31.3% |
| 2023 | 36,190 1000 USD | +49.9% |
| 2024 | 26,108 1000 USD | -27.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 129,490 1000 USD | 97,096 1000 USD | 156,487 1000 USD | 9 |
| 1970s | 72,573 1000 USD | 24,941 1000 USD | 152,722 1000 USD | 10 |
| 1980s | 25,578 1000 USD | 783 1000 USD | 77,982 1000 USD | 10 |
| 1990s | 3,119 1000 USD | 385 1000 USD | 7,630 1000 USD | 10 |
| 2000s | 5,842 1000 USD | 1,634 1000 USD | 13,120 1000 USD | 10 |
| 2010s | 21,351 1000 USD | 10,495 1000 USD | 30,510 1000 USD | 10 |
| 2020s | 23,339 1000 USD | 11,865 1000 USD | 36,190 1000 USD | 5 |
Countries ranked near Republic of Korea
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Frequently asked questions
- What is wheat — gross production value in Republic of Korea?
- Wheat — gross production value in Republic of Korea was 26,108 1000 USD in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest wheat — gross production value recorded in Republic of Korea?
- The highest recorded value was 156,487 1000 USD in 1969.
- What is the lowest wheat — gross production value recorded in Republic of Korea?
- The lowest recorded value was 385 1000 USD in 1991.
- How does Republic of Korea rank for wheat — gross production value?
- Republic of Korea ranks 74th out of 100 countries with data for 2024.
- Is wheat — gross production value rising or falling in Republic of Korea?
- Over the last ten years it is up 59.7%. The long-run trend across the full record is volatile.
- 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 Wheat — Gross Production Value (constant 2014-2016 thousand US$). Statizoid updates them automatically from the source API.
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About this data
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.