Rice — Producer Price in Republic of Korea
Republic of Korea: Rice — Producer Price was 2.34 million LCU in 2025. ▲ Rising
Rice — Producer Price in Republic of Korea, 1991–2025
Source: Food and Agriculture Organization of the United Nations. Measured in LCU.
Analysis
In 2025, rice — producer price in Republic of Korea stood at 2.34 million LCU.
That represents a change of up 1.0% on the previous year and up 18.5% over ten years.
Over the whole period, rice — producer price in Republic of Korea peaked at 2.72 million LCU in 2020 and was at its lowest, 848,988 LCU, in 1991.
That places Republic of Korea 7th out of 85 countries with data for 2025, putting it in the top 10%.
The long-run direction has been consistently rising across the 32 years of available data.
Rice — Producer Price in Republic of Korea, year by year
| Year | LCU | Change |
|---|---|---|
| 1991 | 848,988 LCU | — |
| 1992 | 893,410 LCU | +5.2% |
| 1993 | 930,330 LCU | +4.1% |
| 1994 | 956,811 LCU | +2.8% |
| 1995 | 1.07 million LCU | +12.0% |
| 1996 | 1.68 million LCU | +56.4% |
| 1997 | 1.77 million LCU | +5.4% |
| 1998 | 1.89 million LCU | +7.1% |
| 1999 | 2.00 million LCU | +5.8% |
| 2000 | 2.07 million LCU | +3.5% |
| 2001 | 2.02 million LCU | -2.8% |
| 2002 | 1.99 million LCU | -1.1% |
| 2003 | 2.04 million LCU | +2.5% |
| 2004 | 2.06 million LCU | +0.7% |
| 2005 | 1.88 million LCU | -8.5% |
| 2006 | 1.73 million LCU | -8.0% |
| 2007 | 1.84 million LCU | +6.3% |
| 2008 | 1.90 million LCU | +3.0% |
| 2009 | 2.00 million LCU | +5.4% |
| 2010 | 1.71 million LCU | -14.4% |
| 2011 | 1.76 million LCU | +2.9% |
| 2015 | 1.98 million LCU | +12.4% |
| 2016 | 1.75 million LCU | -11.7% |
| 2017 | 1.94 million LCU | +11.4% |
| 2018 | 2.42 million LCU | +24.3% |
| 2019 | 2.38 million LCU | -1.6% |
| 2020 | 2.72 million LCU | +14.4% |
| 2021 | 2.59 million LCU | -4.6% |
| 2022 | 2.33 million LCU | -10.2% |
| 2023 | 2.48 million LCU | +6.2% |
| 2024 | 2.32 million LCU | -6.3% |
| 2025 | 2.34 million LCU | +1.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 1.34 million LCU | 848,988 LCU | 2.00 million LCU | 9 |
| 2000s | 1.95 million LCU | 1.73 million LCU | 2.07 million LCU | 10 |
| 2010s | 1.99 million LCU | 1.71 million LCU | 2.42 million LCU | 7 |
| 2020s | 2.46 million LCU | 2.32 million LCU | 2.72 million LCU | 6 |
Countries ranked near Republic of Korea
- 4 Sierra Leone 6.19 million LCU compare
- 4 United Republic of Tanzania 949,551 LCU compare
- 5 Türkiye 25,968 LCU compare
- 5 Zimbabwe 4.14 million LCU compare
- 6 Romania 2.77 million LCU compare
- 6 Venezuela (Bolivarian Republic of) 5,000 LCU compare
- 7 Bolivia (Plurinational State of) 3,586 LCU compare
- 8 Paraguay 2.10 million LCU compare
- 8 Timor-Leste 1,508 LCU compare
- 9 Madagascar 1.73 million LCU compare
- 10 Colombia 1.51 million 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 rice — producer price in Republic of Korea?
- Rice — producer price in Republic of Korea was 2.34 million LCU in 2025, according to Food and Agriculture Organization of the United Nations.
- What is the highest rice — producer price recorded in Republic of Korea?
- The highest recorded value was 2.72 million LCU in 2020.
- What is the lowest rice — producer price recorded in Republic of Korea?
- The lowest recorded value was 848,988 LCU in 1991.
- How does Republic of Korea rank for rice — producer price?
- Republic of Korea ranks 7th out of 85 countries with data for 2025.
- Is rice — producer price rising or falling in Republic of Korea?
- Over the last ten years it is up 18.5%. 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 Rice — Producer Price (LCU/tonne). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 32 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.