Meat of sheep, fresh or chilled — Producer Price Index in Republic of Korea
Republic of Korea: Meat of sheep, fresh or chilled — Producer Price Index was 124.52 in 2025. ◆ Volatile
Meat of sheep, fresh or chilled — Producer Price Index in Republic of Korea, 1991–2025
Source: Food and Agriculture Organization of the United Nations.
Analysis
Republic of Korea recorded 124.52 for meat of sheep, fresh or chilled — producer price index in 2025.
The figure is down 4.0% on the previous year and up 26.0% over ten years.
Over the whole period, meat of sheep, fresh or chilled — producer price index in Republic of Korea peaked at 129.68 in 2024 and was at its lowest, 17.81, in 1997.
Republic of Korea ranks 77th of 125 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Meat of sheep, fresh or chilled — Producer Price Index in Republic of Korea, year by year
| Year | Value | Change |
|---|---|---|
| 1991 | 25.46 | — |
| 1992 | 29.11 | +14.3% |
| 1993 | 24.33 | -16.4% |
| 1994 | 23.39 | -3.9% |
| 1995 | 23.16 | -1.0% |
| 1996 | 23.85 | +3.0% |
| 1997 | 17.81 | -25.3% |
| 1998 | 22.21 | +24.7% |
| 1999 | 28.26 | +27.2% |
| 2000 | 33.47 | +18.4% |
| 2001 | 41.33 | +23.5% |
| 2002 | 53.71 | +30.0% |
| 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 | 118.96 | +3.2% |
| 2020 | 120.7 | +1.5% |
| 2021 | 121.46 | +0.6% |
| 2022 | 122.36 | +0.7% |
| 2023 | 122.7 | +0.3% |
| 2024 | 129.68 | +5.7% |
| 2025 | 124.52 | -4.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 24.18 | 17.81 | 29.11 | 9 |
| 2000s | 64.16 | 33.47 | 85.43 | 10 |
| 2010s | 103.9 | 94.22 | 118.96 | 10 |
| 2020s | 123.57 | 120.7 | 129.68 | 6 |
Countries ranked near Republic of Korea
- 74 Paraguay 126.42 compare
- 75 Switzerland 126.15 compare
- 76 Nepal 126.14 compare
- 78 Bangladesh 124 compare
- 79 El Salvador 121.57 compare
- 80 Peru 119.83 compare
More economy & growth data for Republic of Korea
- Gross Fixed Capital Formation — Value Standard Local Currency, annual 6.06 % change on previous year (2024)
- Gross Fixed Capital Formation — Value US$, annual growth rate 1.5 % change on previous year (2024)
- Gross Fixed Capital Formation — Value Standard Local Currency, 2015 4 % change on previous year (2024)
- Gross Fixed Capital Formation — Value US$, 2015 prices, annual growth 4 % change on previous year (2024)
- 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)
Frequently asked questions
- What is meat of sheep, fresh or chilled — producer price index in Republic of Korea?
- Meat of sheep, fresh or chilled — producer price index in Republic of Korea was 124.52 in 2025, according to Food and Agriculture Organization of the United Nations.
- What is the highest meat of sheep, fresh or chilled — producer price index recorded in Republic of Korea?
- The highest recorded value was 129.68 in 2024.
- What is the lowest meat of sheep, fresh or chilled — producer price index recorded in Republic of Korea?
- The lowest recorded value was 17.81 in 1997.
- How does Republic of Korea rank for meat of sheep, fresh or chilled — producer price index?
- Republic of Korea ranks 77th out of 125 countries with data for 2025.
- Is meat of sheep, fresh or chilled — producer price index rising or falling in Republic of Korea?
- Over the last ten years it is up 26.0%. 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 Meat of sheep, fresh or chilled — Producer Price Index (2014-2016 = 100). Statizoid updates them automatically from the source API.
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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.