Korea - Agriculture

Agriculture, value added per worker (constant 2010 US$)

The latest value for Agriculture, value added per worker (constant 2010 US$) in Korea was 20,572 as of 2019. Over the past 28 years, the value for this indicator has fluctuated between 21,248 in 2017 and 7,227 in 1991.

Definition: Value added per worker is a measure of labor productivity—value added per unit of input. Value added denotes the net output of a sector after adding up all outputs and subtracting intermediate inputs. Data are in constant 2010 U.S. dollars. Agriculture corresponds to the International Standard Industrial Classification (ISIC) tabulation categories A and B (revision 3) or tabulation category A (revision 4), and includes forestry, hunting, and fishing as well as cultivation of crops and livestock production.

Source: Derived using World Bank national accounts data and OECD National Accounts data files, and employment data from International Labour Organization, ILOSTAT database.

See also:

Year Value
1991 7,227
1992 8,050
1993 7,951
1994 8,283
1995 9,186
1996 9,895
1997 10,482
1998 9,215
1999 10,063
2000 10,349
2001 10,831
2002 10,920
2003 10,876
2004 12,050
2005 12,714
2006 13,376
2007 14,522
2008 15,713
2009 16,819
2010 16,999
2011 17,092
2012 17,368
2013 16,196
2014 20,132
2015 21,116
2016 20,929
2017 21,248
2018 20,856
2019 20,572

Agriculture, value added (current US$)

The latest value for Agriculture, value added (current US$) in Korea was $30,011,040,000 as of 2020. Over the past 60 years, the value for this indicator has fluctuated between $30,527,630,000 in 2014 and $935,162,100 in 1961.

Definition: Agriculture corresponds to ISIC divisions 1-5 and includes forestry, hunting, and fishing, as well as cultivation of crops and livestock production. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3 or 4. Data are in current U.S. dollars.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1960 $1,447,133,000
1961 $935,162,100
1962 $1,031,004,000
1963 $1,719,314,000
1964 $1,609,336,000
1965 $1,171,246,000
1966 $1,351,367,000
1967 $1,466,879,000
1968 $1,723,152,000
1969 $2,104,664,000
1970 $2,385,046,000
1971 $2,687,599,000
1972 $2,879,177,000
1973 $3,414,591,000
1974 $4,724,207,000
1975 $5,334,091,000
1976 $6,891,529,000
1977 $8,377,479,000
1978 $10,351,240,000
1979 $12,409,500,000
1980 $9,331,939,000
1981 $10,958,550,000
1982 $10,972,810,000
1983 $11,079,990,000
1984 $11,576,960,000
1985 $11,906,050,000
1986 $12,184,010,000
1987 $13,772,810,000
1988 $18,404,310,000
1989 $21,091,350,000
1990 $21,554,340,000
1991 $22,565,080,000
1992 $23,491,700,000
1993 $23,225,730,000
1994 $26,232,500,000
1995 $30,191,370,000
1996 $30,268,380,000
1997 $25,497,480,000
1998 $16,199,340,000
1999 $21,143,070,000
2000 $22,227,750,000
2001 $19,528,500,000
2002 $20,114,540,000
2003 $20,832,740,000
2004 $23,462,260,000
2005 $24,494,180,000
2006 $26,303,780,000
2007 $26,775,580,000
2008 $22,436,620,000
2009 $21,149,550,000
2010 $24,528,980,000
2011 $27,686,200,000
2012 $27,948,790,000
2013 $28,773,640,000
2014 $30,527,630,000
2015 $29,372,740,000
2016 $27,887,600,000
2017 $30,054,460,000
2018 $30,122,760,000
2019 $27,544,590,000
2020 $30,011,040,000

Agriculture, value added (current LCU)

The value for Agriculture, value added (current LCU) in Korea was 35,421,000,000,000 as of 2020. As the graph below shows, over the past 60 years this indicator reached a maximum value of 35,421,000,000,000 in 2020 and a minimum value of 91,350,000,000 in 1960.

Definition: Agriculture corresponds to ISIC divisions 1-5 and includes forestry, hunting, and fishing, as well as cultivation of crops and livestock production. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3 or 4. Data are in current local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1960 91,350,000,000
1961 116,700,000,000
1962 134,030,000,000
1963 223,510,000,000
1964 344,150,000,000
1965 312,020,000,000
1966 366,680,000,000
1967 396,820,000,000
1968 476,710,000,000
1969 606,480,000,000
1970 740,700,000,000
1971 933,000,000,000
1972 1,131,200,000,000
1973 1,360,100,000,000
1974 1,910,800,000,000
1975 2,581,700,000,000
1976 3,335,500,000,000
1977 4,054,700,000,000
1978 5,010,000,000,000
1979 6,006,200,000,000
1980 5,668,500,000,000
1981 7,463,100,000,000
1982 8,022,000,000,000
1983 8,595,300,000,000
1984 9,330,800,000,000
1985 10,358,500,000,000
1986 10,739,600,000,000
1987 11,329,100,000,000
1988 13,462,200,000,000
1989 14,162,000,000,000
1990 15,255,300,000,000
1991 16,548,100,000,000
1992 18,338,800,000,000
1993 18,642,600,000,000
1994 21,076,500,000,000
1995 23,285,700,000,000
1996 24,349,400,000,000
1997 24,255,500,000,000
1998 22,702,400,000,000
1999 25,135,300,000,000
2000 25,138,700,000,000
2001 25,211,100,000,000
2002 25,165,100,000,000
2003 24,824,500,000,000
2004 26,871,800,000,000
2005 25,084,900,000,000
2006 25,114,600,000,000
2007 24,881,400,000,000
2008 24,726,200,000,000
2009 27,006,500,000,000
2010 28,357,000,000,000
2011 30,684,400,000,000
2012 31,483,500,000,000
2013 31,502,900,000,000
2014 32,144,400,000,000
2015 33,225,200,000,000
2016 32,361,700,000,000
2017 33,974,300,000,000
2018 33,150,100,000,000
2019 32,099,300,000,000
2020 35,421,000,000,000

Agriculture, value added (constant 2010 US$)

The latest value for Agriculture, value added (constant 2010 US$) in Korea was 28,337,610,000 as of 2020. Over the past 60 years, the value for this indicator has fluctuated between 29,503,410,000 in 2019 and 7,085,043,000 in 1960.

Definition: Agriculture corresponds to ISIC divisions 1-5 and includes forestry, hunting, and fishing, as well as cultivation of crops and livestock production. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3 or 4. Data are in constant 2010 U.S. dollars.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1960 7,085,043,000
1961 8,141,041,000
1962 7,625,463,000
1963 8,355,070,000
1964 9,690,074,000
1965 9,804,824,000
1966 10,673,310,000
1967 10,133,160,000
1968 10,145,540,000
1969 11,063,450,000
1970 10,984,500,000
1971 11,591,220,000
1972 11,941,840,000
1973 12,729,170,000
1974 13,531,710,000
1975 14,249,390,000
1976 15,526,040,000
1977 15,997,770,000
1978 14,414,880,000
1979 16,061,870,000
1980 13,468,680,000
1981 15,587,750,000
1982 16,805,710,000
1983 18,371,270,000
1984 17,892,290,000
1985 18,955,630,000
1986 19,945,850,000
1987 19,079,750,000
1988 20,873,130,000
1989 20,844,220,000
1990 19,670,030,000
1991 20,297,620,000
1992 22,119,290,000
1993 21,185,910,000
1994 21,210,930,000
1995 22,657,940,000
1996 23,539,160,000
1997 24,553,960,000
1998 22,697,110,000
1999 23,860,250,000
2000 23,930,800,000
2001 24,028,480,000
2002 23,303,210,000
2003 21,869,990,000
2004 23,552,510,000
2005 23,687,510,000
2006 24,235,180,000
2007 25,445,350,000
2008 27,083,670,000
2009 28,338,670,000
2010 27,306,190,000
2011 27,026,480,000
2012 26,892,540,000
2013 28,021,470,000
2014 29,445,410,000
2015 29,372,740,000
2016 27,717,800,000
2017 28,342,470,000
2018 28,386,140,000
2019 29,503,410,000
2020 28,337,610,000

Agriculture, value added (annual % growth)

The value for Agriculture, value added (annual % growth) in Korea was -3.95 as of 2020. As the graph below shows, over the past 59 years this indicator reached a maximum value of 15.98 in 1964 and a minimum value of -16.14 in 1980.

Definition: Annual growth rate for agricultural value added based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. Agriculture corresponds to ISIC divisions 1-5 and includes forestry, hunting, and fishing, as well as cultivation of crops and livestock production. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3 or 4.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1961 14.90
1962 -6.33
1963 9.57
1964 15.98
1965 1.18
1966 8.86
1967 -5.06
1968 0.12
1969 9.05
1970 -0.71
1971 5.52
1972 3.02
1973 6.59
1974 6.30
1975 5.30
1976 8.96
1977 3.04
1978 -9.89
1979 11.43
1980 -16.14
1981 15.73
1982 7.81
1983 9.32
1984 -2.61
1985 5.94
1986 5.22
1987 -4.34
1988 9.40
1989 -0.14
1990 -5.63
1991 3.19
1992 8.97
1993 -4.22
1994 0.12
1995 6.82
1996 3.89
1997 4.31
1998 -7.56
1999 5.12
2000 0.30
2001 0.41
2002 -3.02
2003 -6.15
2004 7.69
2005 0.57
2006 2.31
2007 4.99
2008 6.44
2009 4.63
2010 -3.64
2011 -1.02
2012 -0.50
2013 4.20
2014 5.08
2015 -0.25
2016 -5.63
2017 2.25
2018 0.15
2019 3.94
2020 -3.95

Agriculture, value added (constant LCU)

The value for Agriculture, value added (constant LCU) in Korea was 32,054,300,000,000 as of 2020. As the graph below shows, over the past 60 years this indicator reached a maximum value of 33,373,000,000,000 in 2019 and a minimum value of 8,014,300,000,000 in 1960.

Definition: Agriculture corresponds to ISIC divisions 1-5 and includes forestry, hunting, and fishing, as well as cultivation of crops and livestock production. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3 or 4. Data are in constant local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1960 8,014,300,000,000
1961 9,208,800,000,000
1962 8,625,600,000,000
1963 9,450,900,000,000
1964 10,961,000,000,000
1965 11,090,800,000,000
1966 12,073,200,000,000
1967 11,462,200,000,000
1968 11,476,200,000,000
1969 12,514,500,000,000
1970 12,425,200,000,000
1971 13,111,500,000,000
1972 13,508,100,000,000
1973 14,398,700,000,000
1974 15,306,500,000,000
1975 16,118,300,000,000
1976 17,562,400,000,000
1977 18,096,000,000,000
1978 16,305,500,000,000
1979 18,168,500,000,000
1980 15,235,200,000,000
1981 17,632,200,000,000
1982 19,009,900,000,000
1983 20,780,800,000,000
1984 20,239,000,000,000
1985 21,441,800,000,000
1986 22,561,900,000,000
1987 21,582,200,000,000
1988 23,610,800,000,000
1989 23,578,100,000,000
1990 22,249,900,000,000
1991 22,959,800,000,000
1992 25,020,400,000,000
1993 23,964,600,000,000
1994 23,992,900,000,000
1995 25,629,700,000,000
1996 26,626,500,000,000
1997 27,774,400,000,000
1998 25,674,000,000,000
1999 26,989,700,000,000
2000 27,069,500,000,000
2001 27,180,000,000,000
2002 26,359,600,000,000
2003 24,738,400,000,000
2004 26,641,600,000,000
2005 26,794,300,000,000
2006 27,413,800,000,000
2007 28,782,700,000,000
2008 30,635,900,000,000
2009 32,055,500,000,000
2010 30,887,600,000,000
2011 30,571,200,000,000
2012 30,419,700,000,000
2013 31,696,700,000,000
2014 33,307,400,000,000
2015 33,225,200,000,000
2016 31,353,200,000,000
2017 32,059,800,000,000
2018 32,109,200,000,000
2019 33,373,000,000,000
2020 32,054,300,000,000

Agriculture, value added (% of GDP)

Agriculture, value added (% of GDP) in Korea was 1.83 as of 2020. Its highest value over the past 60 years was 46.53 in 1964, while its lowest value was 1.67 in 2019.

Definition: Agriculture corresponds to ISIC divisions 1-5 and includes forestry, hunting, and fishing, as well as cultivation of crops and livestock production. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3 or 4.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1960 36.56
1961 38.68
1962 36.63
1963 43.10
1964 46.53
1965 37.53
1966 34.40
1967 30.21
1968 28.16
1969 27.41
1970 26.49
1971 27.14
1972 26.51
1973 24.61
1974 24.17
1975 24.49
1976 23.05
1977 21.79
1978 19.92
1979 18.54
1980 14.27
1981 15.03
1982 14.00
1983 12.63
1984 11.87
1985 11.75
1986 10.43
1987 9.31
1988 9.22
1989 8.54
1990 7.61
1991 6.82
1992 6.61
1993 5.91
1994 5.66
1995 5.33
1996 4.96
1997 4.48
1998 4.23
1999 4.25
2000 3.86
2001 3.57
2002 3.21
2003 2.96
2004 2.96
2005 2.62
2006 2.50
2007 2.28
2008 2.14
2009 2.24
2010 2.14
2011 2.21
2012 2.19
2013 2.10
2014 2.06
2015 2.00
2016 1.86
2017 1.85
2018 1.75
2019 1.67
2020 1.83

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts