Agricultural support estimate in Korea
Korea: Agricultural support estimate was 1.7% in 2015. ▼ Falling
Agricultural support estimate in Korea, 1990–2015
Source: Organisation for Economic Co-operation and Development, Producer and Consumer Support Estimates database. Available online at www.oecd.org/tad/support/psecse. Measured in % of GDP.
Analysis
Korea recorded 1.7% for agricultural support estimate in 2015. That is the lowest value across all 26 years on record.
The figure is down 4.6% on the previous year and down 40.7% over ten years.
Over the whole period, agricultural support estimate in Korea peaked at 8.1% in 1990 and was at its lowest, 1.7%, in 2015.
That places Korea 4th out of 22 countries with data for 2015, putting it in the top quarter.
The long-run direction has been consistently falling across the 26 years of available data.
Agricultural support estimate in Korea, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1990 | 8.1% | — |
| 1991 | 7.2% | -11.0% |
| 1992 | 6.5% | -8.8% |
| 1993 | 5.9% | -9.9% |
| 1994 | 5.7% | -3.4% |
| 1995 | 5.4% | -4.9% |
| 1996 | 4.7% | -13.7% |
| 1997 | 4.6% | -1.5% |
| 1998 | 4.3% | -6.9% |
| 1999 | 4.4% | +3.3% |
| 2000 | 3.9% | -11.5% |
| 2001 | 3.3% | -15.8% |
| 2002 | 3.1% | -6.1% |
| 2003 | 2.8% | -8.4% |
| 2004 | 3.0% | +5.3% |
| 2005 | 2.8% | -6.4% |
| 2006 | 2.6% | -6.4% |
| 2007 | 2.3% | -11.5% |
| 2008 | 1.9% | -15.9% |
| 2009 | 2.2% | +11.8% |
| 2010 | 1.8% | -16.5% |
| 2011 | 1.9% | +7.1% |
| 2012 | 1.9% | -2.6% |
| 2013 | 1.9% | -1.1% |
| 2014 | 1.7% | -7.4% |
| 2015 | 1.7% | -4.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 5.7% | 4.3% | 8.1% | 10 |
| 2000s | 2.8% | 1.9% | 3.9% | 10 |
| 2010s | 1.8% | 1.7% | 1.9% | 6 |
Countries ranked near Korea
- 1 Indonesia 4.6% compare
- 2 China (People’s Republic of) 3.1% compare
- 3 Türkiye 2.0% compare
- 5 Kazakhstan 1.4% compare
- 6 Colombia 1.4% compare
- 7 Switzerland 1.3% compare
More development goals data for Korea
- Net ODA provided, total 4.15 billion current US$ (2024)
- Net ODA provided, total 4.15 billion constant 2023 US$ (2024)
- Net ODA provided, to the least developed countries 782.95 million current US$ (2023)
- Net ODA provided to the least developed countries 0.0% (2023)
- Net ODA provided, total 0.1% (2017)
- Total bilateral sector allocable ODA commitments 2.13 billion current US$ (2015)
- Bilateral, sector-allocable ODA to basic social services 292.82 million current US$ (2015)
- Bilateral, sector-allocable ODA to basic social services 13.8% (2015)
Frequently asked questions
- What is agricultural support estimate in Korea?
- Agricultural support estimate in Korea was 1.7% in 2015, according to Organisation for Economic Co-operation and Development, Producer and Consumer Support Estimates database. Available online at www.oecd.org/tad/support/psecse.
- What is the highest agricultural support estimate recorded in Korea?
- The highest recorded value was 8.1% in 1990.
- What is the lowest agricultural support estimate recorded in Korea?
- The lowest recorded value was 1.7% in 2015.
- How does Korea rank for agricultural support estimate?
- Korea ranks 4th out of 22 countries with data for 2015.
- Is agricultural support estimate rising or falling in Korea?
- Over the last ten years it is down 40.7%. The long-run trend across the full record is falling.
- Where does this Korea data come from?
- The figures come from Organisation for Economic Co-operation and Development, Producer and Consumer Support Estimates database. Available online at www.oecd.org/tad/support/psecse, published as part of Agricultural support estimate (% of GDP). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 26 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Agriculture support is the annual monetary value of all gross transfers from taxpayers and consumers, both domestic and foreign (in the form of subsidies arising from policy measures that support agriculture), net of the associated budgetary receipts, regardless of their objectives and impacts on farm production and income, or consumption of farm products.