Wheat — Gross Production Value in Republic of Korea

Republic of Korea: Wheat — Gross Production Value was 25,736 1000 USD in 2024. ◆ Volatile

Latest (2024)
25,736 1000 USD
Change on year
down 27.4%
World rank
76th
of 105 countries
All-time high
35,456 1000 USD
in 2023
All-time low
320 1000 USD
in 1991
Years of data
34
1991–2024

Wheat — Gross Production Value in Republic of Korea, 1991–2024

010.0k20.0k30.0k40.0k1991200720241991: 320 1000 USD1992: 322 1000 USD1993: 884 1000 USD1994: 1.3k 1000 USD1995: 6.7k 1000 USD1996: 6.8k 1000 USD1997: 3.9k 1000 USD1998: 1.9k 1000 USD1999: 2.8k 1000 USD2000: 1.3k 1000 USD2001: 1.4k 1000 USD2002: 3.0k 1000 USD2003: 5.3k 1000 USD2004: 7.2k 1000 USD2005: 4.8k 1000 USD2006: 3.9k 1000 USD2007: 5.1k 1000 USD2008: 6.3k 1000 USD2009: 10.3k 1000 USD2010: 24.8k 1000 USD2011: 31.0k 1000 USD2012: 26.1k 1000 USD2013: 13.0k 1000 USD2014: 16.7k 1000 USD2015: 18.0k 1000 USD2016: 27.1k 1000 USD2017: 28.7k 1000 USD2018: 21.0k 1000 USD2019: 11.8k 1000 USD2020: 13.2k 1000 USD2021: 21.1k 1000 USD2022: 24.5k 1000 USD2023: 35.5k 1000 USD2024: 25.7k 1000 USD

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

Analysis

Republic of Korea recorded 25,736 1000 USD for wheat — gross production value in 2024.

That represents a change of down 27.4% on the previous year and up 53.9% over ten years.

Over the whole period, wheat — gross production value in Republic of Korea peaked at 35,456 1000 USD in 2023 and was at its lowest, 320 1000 USD, in 1991.

That places Republic of Korea 76th out of 105 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

Annual values for Wheat — Gross Production Value (current thousand US$) in Republic of Korea, 1991 to 2024.
Year 1000 USD Change
1991 320 1000 USD
1992 322 1000 USD +0.6%
1993 884 1000 USD +174.5%
1994 1,348 1000 USD +52.5%
1995 6,685 1000 USD +395.9%
1996 6,822 1000 USD +2.0%
1997 3,926 1000 USD -42.5%
1998 1,913 1000 USD -51.3%
1999 2,786 1000 USD +45.6%
2000 1,266 1000 USD -54.6%
2001 1,401 1000 USD +10.7%
2002 2,969 1000 USD +111.9%
2003 5,349 1000 USD +80.2%
2004 7,154 1000 USD +33.7%
2005 4,843 1000 USD -32.3%
2006 3,885 1000 USD -19.8%
2007 5,143 1000 USD +32.4%
2008 6,278 1000 USD +22.1%
2009 10,301 1000 USD +64.1%
2010 24,814 1000 USD +140.9%
2011 31,049 1000 USD +25.1%
2012 26,104 1000 USD -15.9%
2013 13,005 1000 USD -50.2%
2014 16,718 1000 USD +28.6%
2015 17,974 1000 USD +7.5%
2016 27,150 1000 USD +51.1%
2017 28,678 1000 USD +5.6%
2018 21,023 1000 USD -26.7%
2019 11,788 1000 USD -43.9%
2020 13,211 1000 USD +12.1%
2021 21,056 1000 USD +59.4%
2022 24,482 1000 USD +16.3%
2023 35,456 1000 USD +44.8%
2024 25,736 1000 USD -27.4%

Averages by decade

DecadeAverage LowestHighest Years
1990s 2,778 1000 USD 320 1000 USD 6,822 1000 USD 9
2000s 4,859 1000 USD 1,266 1000 USD 10,301 1000 USD 10
2010s 21,830 1000 USD 11,788 1000 USD 31,049 1000 USD 10
2020s 23,988 1000 USD 13,211 1000 USD 35,456 1000 USD 5

Countries ranked near Republic of Korea

  1. 73 Armenia 31,382 1000 USD compare
  2. 74 Slovenia 30,882 1000 USD compare
  3. 75 Israel 28,793 1000 USD compare
  4. 77 Portugal 20,250 1000 USD compare
  5. 78 Jordan 19,925 1000 USD compare
  6. 79 Palestine 18,499 1000 USD compare

See the full ranking of 142 places →

More agriculture & rural data for Republic of Korea

All data for Republic of Korea →

Frequently asked questions

What is wheat — gross production value in Republic of Korea?
Wheat — gross production value in Republic of Korea was 25,736 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 35,456 1000 USD in 2023.
What is the lowest wheat — gross production value recorded in Republic of Korea?
The lowest recorded value was 320 1000 USD in 1991.
How does Republic of Korea rank for wheat — gross production value?
Republic of Korea ranks 76th out of 105 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 53.9%. 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 (current thousand US$). Statizoid updates them automatically from the source API.

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Wheat — Gross Production Value in Republic of Korea. Statizoid, drawing on Food and Agriculture Organization of the United Nations. Retrieved 29 August 2026, from https://agriculture.statizoid.com/stat/wheat-gross-production-value-current-thousand-us/republic-of-korea/

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About this data

Indicator
Wheat — Gross Production Value (current thousand US$)
Unit
1000 USD
Source
Food and Agriculture Organization of the United Nations
Licence
CC BY-NC-SA 3.0 IGO (FAO)
Coverage
142 places, 4,377 data points, 1991–2024
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.