Agriculture share of Government Expenditure in Republic of Korea
Republic of Korea: Agriculture share of Government Expenditure was 3.3% in 2023. ▼ Falling
Latest (2023)
3.3%
Change on year
up 19.0%
World rank
43rd
of 203 countries
All-time high
5.8%
in 2009
All-time low
2.7%
in 2022
Years of data
23
2001–2023
Agriculture share of Government Expenditure in Republic of Korea, 2001–2023
Source: United Nations Statistics Division, SDG Global Database. Measured in %.
Analysis
In 2023, agriculture share of government expenditure in Republic of Korea stood at 3.3%.
That represents a change of up 19.0% on the previous year and down 19.9% over ten years.
Over the whole period, agriculture share of government expenditure in Republic of Korea peaked at 5.8% in 2009 and was at its lowest, 2.7%, in 2022.
Republic of Korea ranks 43rd of 203 countries on this measure, in the top quarter.
The long-run direction has been consistently falling across the 23 years of available data.
Agriculture share of Government Expenditure in Republic of Korea, year by year
| Year | % | Change |
|---|---|---|
| 2001 | 5.7% | — |
| 2002 | 5.2% | -9.1% |
| 2003 | 4.9% | -5.2% |
| 2004 | 4.4% | -9.6% |
| 2005 | 4.5% | +1.4% |
| 2006 | 5.1% | +13.3% |
| 2007 | 4.8% | -5.9% |
| 2008 | 4.7% | -1.9% |
| 2009 | 5.8% | +22.5% |
| 2010 | 5.5% | -5.2% |
| 2011 | 4.8% | -13.0% |
| 2012 | 4.3% | -10.3% |
| 2013 | 4.1% | -4.7% |
| 2014 | 3.7% | -8.6% |
| 2015 | 4.1% | +11.0% |
| 2016 | 4.0% | -2.2% |
| 2017 | 3.3% | -18.8% |
| 2018 | 3.2% | -0.9% |
| 2019 | 3.4% | +4.9% |
| 2020 | 3.2% | -7.0% |
| 2021 | 3.2% | -0.3% |
| 2022 | 2.7% | -13.3% |
| 2023 | 3.3% | +19.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 5.0% | 4.4% | 5.8% | 9 |
| 2010s | 4.0% | 3.2% | 5.5% | 10 |
| 2020s | 3.1% | 2.7% | 3.3% | 4 |
Countries ranked near Republic of Korea
- 40 Myanmar 3.4% compare
- 41 Philippines 3.3% compare
- 42 Nigeria 3.3% compare
- 43 Republic of Korea 3.3% compare
- 45 Kazakhstan 3.2% compare
- 46 Sao Tome and Principe 3.2% compare
More public sector data for Republic of Korea
- Arms imports 1.01 billion SIPRI trend indicator values (2024)
- Arms imports (SIPRI trend indicator values), per capita 19.5 SIPRI trend indicator values per person (2024)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0005 SIPRI trend indicator values per US$ of GDP (2024)
- Arms imports (SIPRI trend indicator values), annual growth rate 362.84 % change on previous year (2024)
- Arms imports (SIPRI trend indicator values), gaps filled 1.01 billion SIPRI trend indicator values (2024)
- Military expenditure (current USD), per capita 919.23 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0254 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate -0.4824 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 47.57 billion current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 2,234 SIPRI trend indicator values per square kilometre (2023)
Frequently asked questions
- What is agriculture share of government expenditure in Republic of Korea?
- Agriculture share of government expenditure in Republic of Korea was 3.3% in 2023, according to United Nations Statistics Division, SDG Global Database.
- What is the highest agriculture share of government expenditure recorded in Republic of Korea?
- The highest recorded value was 5.8% in 2009.
- What is the lowest agriculture share of government expenditure recorded in Republic of Korea?
- The lowest recorded value was 2.7% in 2022.
- How does Republic of Korea rank for agriculture share of government expenditure?
- Republic of Korea ranks 43rd out of 203 countries with data for 2023.
- Is agriculture share of government expenditure rising or falling in Republic of Korea?
- Over the last ten years it is down 19.9%. The long-run trend across the full record is falling.
- Where does this Republic of Korea data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Agriculture share of Government Expenditure (%). Statizoid updates them automatically from the source API.
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