Rice — Producer Price in Republic of Korea
Republic of Korea: Rice — Producer Price was 2.33 million SLC in 2024. ▲ Rising
Rice — Producer Price in Republic of Korea, 1991–2024
Source: Food and Agriculture Organization of the United Nations. Measured in SLC.
Analysis
Republic of Korea recorded 2.33 million SLC for rice — producer price in 2024.
Compared with earlier readings it is down 1.2% on the previous year and up 17.9% over ten years.
Over the whole period, rice — producer price in Republic of Korea peaked at 2.74 million SLC in 2021 and was at its lowest, 848,988 SLC, in 1991.
That places Republic of Korea 3rd out of 84 countries with data for 2024, putting it in the top 10%.
The long-run direction has been consistently rising across the 30 years of available data.
Rice — Producer Price in Republic of Korea, year by year
| Year | SLC | Change |
|---|---|---|
| 1991 | 848,988 SLC | — |
| 1992 | 893,410 SLC | +5.2% |
| 1993 | 930,330 SLC | +4.1% |
| 1994 | 956,811 SLC | +2.8% |
| 1995 | 1.07 million SLC | +12.0% |
| 1996 | 1.68 million SLC | +56.4% |
| 1997 | 1.77 million SLC | +5.4% |
| 1998 | 1.89 million SLC | +7.1% |
| 1999 | 2.00 million SLC | +5.8% |
| 2000 | 2.07 million SLC | +3.5% |
| 2001 | 2.02 million SLC | -2.8% |
| 2002 | 1.99 million SLC | -1.1% |
| 2003 | 2.04 million SLC | +2.5% |
| 2004 | 2.06 million SLC | +0.7% |
| 2005 | 1.88 million SLC | -8.5% |
| 2006 | 1.73 million SLC | -8.0% |
| 2007 | 1.84 million SLC | +6.3% |
| 2008 | 1.90 million SLC | +3.0% |
| 2009 | 2.00 million SLC | +5.4% |
| 2010 | 1.89 million SLC | -5.5% |
| 2015 | 1.98 million SLC | +4.7% |
| 2016 | 1.75 million SLC | -11.7% |
| 2017 | 1.69 million SLC | -3.4% |
| 2018 | 2.21 million SLC | +31.1% |
| 2019 | 2.38 million SLC | +7.8% |
| 2020 | 2.46 million SLC | +3.4% |
| 2021 | 2.74 million SLC | +11.4% |
| 2022 | 2.33 million SLC | -15.1% |
| 2023 | 2.36 million SLC | +1.3% |
| 2024 | 2.33 million SLC | -1.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 1.34 million SLC | 848,988 SLC | 2.00 million SLC | 9 |
| 2000s | 1.95 million SLC | 1.73 million SLC | 2.07 million SLC | 10 |
| 2010s | 1.98 million SLC | 1.69 million SLC | 2.38 million SLC | 6 |
| 2020s | 2.45 million SLC | 2.33 million SLC | 2.74 million SLC | 5 |
Countries ranked near Republic of Korea
- 1 Côte d'Ivoire 215,000 SLC compare
- 1 Guinea 10.90 million SLC compare
- 1 Iran (Islamic Republic of) 264.38 million SLC compare
- 2 Indonesia 6.36 million SLC compare
- 2 Viet Nam 8.91 million SLC compare
- 3 Lao People's Democratic Republic 2.50 million SLC compare
- 4 Colombia 1.77 million SLC compare
- 4 United Republic of Tanzania 677,121 SLC compare
- 5 Paraguay 1.58 million SLC compare
- 5 Türkiye 24,691 SLC compare
- 6 Madagascar 1.44 million SLC compare
- 6 Venezuela (Bolivarian Republic of) 5,000 SLC 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 2.33 million SLC in 2024, 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 2.74 million SLC in 2021.
- What is the lowest rice — producer price recorded in Republic of Korea?
- The lowest recorded value was 848,988 SLC in 1991.
- How does Republic of Korea rank for rice — producer price?
- Republic of Korea ranks 3rd out of 84 countries with data for 2024.
- Is rice — producer price rising or falling in Republic of Korea?
- Over the last ten years it is up 17.9%. 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 (SLC/tonne). 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.