Carrots and turnips — Producer Price in Republic of Korea
Republic of Korea: Carrots and turnips — Producer Price was 938,958 LCU in 2011. ◆ Volatile
Carrots and turnips — Producer Price in Republic of Korea, 1991–2011
Source: Food and Agriculture Organization of the United Nations. Measured in LCU.
Analysis
In 2011, carrots and turnips — producer price in Republic of Korea stood at 938,958 LCU.
The figure is down 9.7% on the previous year and up 57.8% over ten years.
Over the whole period, carrots and turnips — producer price in Republic of Korea peaked at 2.13 million LCU in 1995 and was at its lowest, 321,978 LCU, in 2005.
Republic of Korea ranks 9th of 102 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Carrots and turnips — Producer Price in Republic of Korea, year by year
| Year | LCU | Change |
|---|---|---|
| 1991 | 1.78 million LCU | — |
| 1992 | 2.08 million LCU | +16.8% |
| 1993 | 1.73 million LCU | -16.9% |
| 1994 | 1.99 million LCU | +15.2% |
| 1995 | 2.13 million LCU | +7.1% |
| 1996 | 551,000 LCU | -74.2% |
| 1997 | 559,000 LCU | +1.5% |
| 1998 | 828,000 LCU | +48.1% |
| 1999 | 553,000 LCU | -33.2% |
| 2000 | 618,000 LCU | +11.8% |
| 2001 | 595,000 LCU | -3.7% |
| 2002 | 650,000 LCU | +9.2% |
| 2003 | 765,000 LCU | +17.7% |
| 2004 | 477,096 LCU | -37.6% |
| 2005 | 321,978 LCU | -32.5% |
| 2006 | 872,958 LCU | +171.1% |
| 2007 | 549,078 LCU | -37.1% |
| 2008 | 613,542 LCU | +11.7% |
| 2009 | 637,857 LCU | +4.0% |
| 2010 | 1.04 million LCU | +63.0% |
| 2011 | 938,958 LCU | -9.7% |
Biggest year-on-year movements
Years where Carrots and turnips — Producer Price 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 |
|---|---|---|---|
| 2006 | +171.1% | 321,978 LCU | 872,958 LCU |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 1.36 million LCU | 551,000 LCU | 2.13 million LCU | 9 |
| 2000s | 610,051 LCU | 321,978 LCU | 872,958 LCU | 10 |
| 2010s | 989,249 LCU | 938,958 LCU | 1.04 million LCU | 2 |
Countries ranked near Republic of Korea
More economy & growth data for Republic of Korea
- Gross Fixed Capital Formation — Annual growth US$, 2015 prices 4 % (2024)
- Gross Fixed Capital Formation — Annual growth US$ 1.5 % (2024)
- Gross Fixed Capital Formation — Annual growth Standard Local 4 % (2024)
- Gross Fixed Capital Formation — Annual growth Standard Local Currency 6.06 % (2024)
- Gross Fixed Capital Formation — Share of GDP Standard Local Currency 29.86 % (2024)
- Gross Fixed Capital Formation — Share of GDP Standard Local Currency 32.07 % (2024)
- Gross Fixed Capital Formation — Share of GDP US$, 2015 prices 29.86 % (2024)
- Gross Fixed Capital Formation — Share of GDP US$ 32.07 % (2024)
- Gross Fixed Capital Formation — Value US$, 2015 prices 571,534 million USD (2024)
- Gross Fixed Capital Formation — Value Standard Local Currency, 2015 646.38 million million SLC (2024)
Frequently asked questions
- What is carrots and turnips — producer price in Republic of Korea?
- Carrots and turnips — producer price in Republic of Korea was 938,958 LCU in 2011, according to Food and Agriculture Organization of the United Nations.
- What is the highest carrots and turnips — producer price recorded in Republic of Korea?
- The highest recorded value was 2.13 million LCU in 1995.
- What is the lowest carrots and turnips — producer price recorded in Republic of Korea?
- The lowest recorded value was 321,978 LCU in 2005.
- How does Republic of Korea rank for carrots and turnips — producer price?
- Republic of Korea ranks 9th out of 102 countries with data for 2011.
- Is carrots and turnips — producer price rising or falling in Republic of Korea?
- Over the last ten years it is up 57.8%. 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 Carrots and turnips — Producer Price (LCU/tonne). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 21 observations, free to reuse under CC BY-NC-SA 3.0 IGO (FAO).
About this data
This sub-domain contains data on agriculture producer prices and the producer price index. Agriculture producer prices are prices received by farmers for primary crops, live animals and livestock primary products as collected at the point of initial sale (prices paid at the farm gate). Annual data are provided from 1991 (while mothly data start in January 2010) for 180 countries and 212 products. The producer price index is the index of agricultural producer prices that measures the average annual change over time in the selling prices received by farmers (prices at the farm gate or at the first point of sale). The three categories of producer price index available in FAOSTAT comprise: single-item price index, commodity group index and the agriculture producer price index.