Korea - Agriculture, value added (current LCU)

The value for Agriculture, value added (current LCU) in Korea was 35,421,000,000,000 as of 2020. As the graph below shows, over the past 60 years this indicator reached a maximum value of 35,421,000,000,000 in 2020 and a minimum value of 91,350,000,000 in 1960.

Definition: Agriculture corresponds to ISIC divisions 1-5 and includes forestry, hunting, and fishing, as well as cultivation of crops and livestock production. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3 or 4. Data are in current local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1960 91,350,000,000
1961 116,700,000,000
1962 134,030,000,000
1963 223,510,000,000
1964 344,150,000,000
1965 312,020,000,000
1966 366,680,000,000
1967 396,820,000,000
1968 476,710,000,000
1969 606,480,000,000
1970 740,700,000,000
1971 933,000,000,000
1972 1,131,200,000,000
1973 1,360,100,000,000
1974 1,910,800,000,000
1975 2,581,700,000,000
1976 3,335,500,000,000
1977 4,054,700,000,000
1978 5,010,000,000,000
1979 6,006,200,000,000
1980 5,668,500,000,000
1981 7,463,100,000,000
1982 8,022,000,000,000
1983 8,595,300,000,000
1984 9,330,800,000,000
1985 10,358,500,000,000
1986 10,739,600,000,000
1987 11,329,100,000,000
1988 13,462,200,000,000
1989 14,162,000,000,000
1990 15,255,300,000,000
1991 16,548,100,000,000
1992 18,338,800,000,000
1993 18,642,600,000,000
1994 21,076,500,000,000
1995 23,285,700,000,000
1996 24,349,400,000,000
1997 24,255,500,000,000
1998 22,702,400,000,000
1999 25,135,300,000,000
2000 25,138,700,000,000
2001 25,211,100,000,000
2002 25,165,100,000,000
2003 24,824,500,000,000
2004 26,871,800,000,000
2005 25,084,900,000,000
2006 25,114,600,000,000
2007 24,881,400,000,000
2008 24,726,200,000,000
2009 27,006,500,000,000
2010 28,357,000,000,000
2011 30,684,400,000,000
2012 31,483,500,000,000
2013 31,502,900,000,000
2014 32,144,400,000,000
2015 33,225,200,000,000
2016 32,361,700,000,000
2017 33,974,300,000,000
2018 33,150,100,000,000
2019 32,099,300,000,000
2020 35,421,000,000,000

Periodicity: Annual

General Comments: Note: Data for OECD countries are based on ISIC, revision 4.

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts