Meat of sheep, fresh or chilled (biological) — Producer Price Index in Republic of Korea

Republic of Korea: Meat of sheep, fresh or chilled (biological) — Producer Price Index was 122.8 in 2025. ▲ Rising

Latest (2025)
122.8
Change on year
down 1.4%
World rank
80th
of 128 countries
All-time high
124.51
in 2024
All-time low
19.36
in 1997
Years of data
35
1991–2025

Meat of sheep, fresh or chilled (biological) — Producer Price Index in Republic of Korea, 1991–2025

2550751001251991200820251991: 27.71992: 31.61993: 26.41994: 25.41995: 25.21996: 25.91997: 19.41998: 24.11999: 30.72000: 36.42001: 44.92002: 53.72003: 62.12004: 692005: 71.82006: 71.82007: 75.42008: 77.52009: 85.42010: 94.22011: 101.22012: 102.12013: 962014: 96.62015: 98.82016: 104.62017: 111.32018: 115.32019: 118.82020: 120.32021: 120.82022: 121.42023: 121.52024: 124.52025: 122.8

Source: Food and Agriculture Organization of the United Nations.

Analysis

In 2025, meat of sheep, fresh or chilled (biological) — producer price index in Republic of Korea stood at 122.8.

The figure is down 1.4% on the previous year and up 24.3% over ten years.

Over the whole period, meat of sheep, fresh or chilled (biological) — producer price index in Republic of Korea peaked at 124.51 in 2024 and was at its lowest, 19.36, in 1997.

Republic of Korea ranks 80th of 128 countries on this measure, in the middle of the range.

The long-run direction has been consistently rising across the 35 years of available data.

Meat of sheep, fresh or chilled (biological) — Producer Price Index in Republic of Korea, year by year

Annual values for Meat of sheep, fresh or chilled (biological) — Producer Price Index (2014-2016 = 100) in Republic of Korea, 1991 to 2025.
Year Value Change
1991 27.68
1992 31.64 +14.3%
1993 26.45 -16.4%
1994 25.43 -3.9%
1995 25.17 -1.0%
1996 25.93 +3.0%
1997 19.36 -25.3%
1998 24.14 +24.7%
1999 30.72 +27.3%
2000 36.38 +18.4%
2001 44.92 +23.5%
2002 53.71 +19.6%
2003 62.12 +15.7%
2004 69 +11.1%
2005 71.79 +4.0%
2006 71.79 +0.0%
2007 75.43 +5.1%
2008 77.49 +2.7%
2009 85.43 +10.2%
2010 94.22 +10.3%
2011 101.22 +7.4%
2012 102.07 +0.8%
2013 95.97 -6.0%
2014 96.61 +0.7%
2015 98.81 +2.3%
2016 104.58 +5.8%
2017 111.28 +6.4%
2018 115.27 +3.6%
2019 118.83 +3.1%
2020 120.3 +1.2%
2021 120.8 +0.4%
2022 121.37 +0.5%
2023 121.46 +0.1%
2024 124.51 +2.5%
2025 122.8 -1.4%

Averages by decade

DecadeAverage LowestHighest Years
1990s 26.28 19.36 31.64 9
2000s 64.81 36.38 85.43 10
2010s 103.89 94.22 118.83 10
2020s 121.87 120.3 124.51 6

Countries ranked near Republic of Korea

  1. 77 Trinidad and Tobago 124.19 compare
  2. 78 Bangladesh 124.1 compare
  3. 79 Finland 123.7 compare
  4. 81 Australia 122.43 compare
  5. 82 Kenya 120.33 compare
  6. 83 Israel 119.6 compare

See the full ranking of 137 places →

More economy & growth data for Republic of Korea

All data for Republic of Korea →

Frequently asked questions

What is meat of sheep, fresh or chilled (biological) — producer price index in Republic of Korea?
Meat of sheep, fresh or chilled (biological) — producer price index in Republic of Korea was 122.8 in 2025, according to Food and Agriculture Organization of the United Nations.
What is the highest meat of sheep, fresh or chilled (biological) — producer price index recorded in Republic of Korea?
The highest recorded value was 124.51 in 2024.
What is the lowest meat of sheep, fresh or chilled (biological) — producer price index recorded in Republic of Korea?
The lowest recorded value was 19.36 in 1997.
How does Republic of Korea rank for meat of sheep, fresh or chilled (biological) — producer price index?
Republic of Korea ranks 80th out of 128 countries with data for 2025.
Is meat of sheep, fresh or chilled (biological) — producer price index rising or falling in Republic of Korea?
Over the last ten years it is up 24.3%. The long-run trend across the full record is rising.
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 Meat of sheep, fresh or chilled (biological) — Producer Price Index (2014-2016 = 100). Statizoid updates them automatically from the source API.

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Meat of sheep, fresh or chilled (biological) — Producer Price Index in Republic of Korea. Statizoid, drawing on Food and Agriculture Organization of the United Nations. Retrieved 18 September 2026, from https://economy.statizoid.com/stat/meat-of-sheep-fresh-or-chilled-biological-producer-price-index-2014-2016-100/republic-of-korea/

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About this data

Indicator
Meat of sheep, fresh or chilled (biological) — Producer Price Index (2014-2016 = 100)
Source
Food and Agriculture Organization of the United Nations
Licence
CC BY-NC-SA 3.0 IGO (FAO)
Coverage
137 places, 4,551 data points, 1991–2025
Last refreshed

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.