Korea - 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

Base Period: varies by country

Periodicity: Annual

General Comments: Note: Data for OECD countries are based on ISIC, revision 4.

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts