Potatoes — Producer Price in Republic of Korea
Republic of Korea: Potatoes — Producer Price was 1.04 million LCU in 2011. ▲ Rising
Potatoes — Producer Price in Republic of Korea, 1991–2011
Source: Food and Agriculture Organization of the United Nations. Measured in LCU.
Analysis
Republic of Korea recorded 1.04 million LCU for potatoes — producer price in 2011. That is the highest value across all 17 years on record.
The figure is up 9.6% on the previous year and up 200.8% over ten years.
Over the whole period, potatoes — producer price in Republic of Korea peaked at 1.04 million LCU in 2011 and was at its lowest, 236,400 LCU, in 2002.
That places Republic of Korea 10th out of 123 countries with data for 2011, putting it in the top 10%.
The long-run direction has been consistently rising across the 17 years of available data.
Potatoes — Producer Price in Republic of Korea, year by year
| Year | LCU | Change |
|---|---|---|
| 1991 | 508,267 LCU | — |
| 1992 | 504,533 LCU | -0.7% |
| 1993 | 354,933 LCU | -29.7% |
| 1994 | 434,667 LCU | +22.5% |
| 1995 | 529,333 LCU | +21.8% |
| 1996 | 542,200 LCU | +2.4% |
| 1997 | 441,000 LCU | -18.7% |
| 1998 | 434,550 LCU | -1.5% |
| 1999 | 442,400 LCU | +1.8% |
| 2000 | 274,700 LCU | -37.9% |
| 2001 | 345,100 LCU | +25.6% |
| 2002 | 236,400 LCU | -31.5% |
| 2003 | 323,750 LCU | +37.0% |
| 2004 | 436,773 LCU | +34.9% |
| 2005 | 250,526 LCU | -42.6% |
| 2010 | 947,563 LCU | +278.2% |
| 2011 | 1.04 million LCU | +9.6% |
Biggest year-on-year movements
Years where Potatoes — 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 |
|---|---|---|---|
| 2010 | +278.2% | 250,526 LCU | 947,563 LCU |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 465,765 LCU | 354,933 LCU | 542,200 LCU | 9 |
| 2000s | 311,208 LCU | 236,400 LCU | 436,773 LCU | 6 |
| 2010s | 992,826 LCU | 947,563 LCU | 1.04 million LCU | 2 |
Countries ranked near Republic of Korea
- 7 Colombia 1.73 million LCU compare
- 7 Türkiye 6,967 LCU compare
- 8 Myanmar 1.53 million LCU compare
- 8 Republic of Moldova 5,222 LCU compare
- 9 Bolivia (Plurinational State of) 1,567 LCU compare
- 9 Costa Rica 1.20 million LCU compare
- 10 Timor-Leste 1,251 LCU
- 11 Congo 882,000 LCU compare
- 12 Benin 836,283 LCU
- 13 Mali 782,100 LCU compare
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 potatoes — producer price in Republic of Korea?
- Potatoes — producer price in Republic of Korea was 1.04 million LCU in 2011, according to Food and Agriculture Organization of the United Nations.
- What is the highest potatoes — producer price recorded in Republic of Korea?
- The highest recorded value was 1.04 million LCU in 2011.
- What is the lowest potatoes — producer price recorded in Republic of Korea?
- The lowest recorded value was 236,400 LCU in 2002.
- How does Republic of Korea rank for potatoes — producer price?
- Republic of Korea ranks 10th out of 123 countries with data for 2011.
- Is potatoes — producer price rising or falling in Republic of Korea?
- Over the last ten years it is up 200.8%. 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 Potatoes — Producer Price (LCU/tonne). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 17 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.