In 2024, most of the households in the agriculture industry in South Korea were farming households. That year, the country's total number of agricultural households was about 974 thousand.

GDP from Agriculture in South Korea decreased to 8579.40 KRW Billion in the second quarter of 2025 from 8680.80 KRW Billion in the first quarter of 2025. This dataset provides the latest reported value for - South Korea Gdp From Agriculture - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

In 2024, the forestry household population in South Korea amounted to about 199.8 thousand. This was a down compared to the previous year.

In 2024, the gross domestic product (GDP) from the agriculture, forestry, and fishing sectors in South Korea amounted to approximately ** trillion South Korean won. The agricultural sector's contribution to GDP has gradually declined from about ** percent in the 1950s to roughly *** percent recently. Agriculture in South Korea The population involved in agriculture and fishing has been shrinking steadily for years as the South Korean economy evolved into a manufacturing and technology industry that produces automobiles, semiconductors, and petroleum products, among other things. As of 2023, there were just around *** million farming households in South Korea. Forestry and fishery families added another combined 141,000 to this figure. Around half of all farmers were more than 65 years old. Growth of smart farming Given these challenges, the agricultural sector is increasingly turning to innovative solutions, such as "smart" farming. This approach differs from traditional agriculture as it leverages advanced technologies for efficient remote management, automation, and large-scale agricultural production. The market size of smart farming is projected to reach approximately *** million U.S. dollars by 2025, representing a sharp increase from just five years earlier.

Korea Agricultural Land data was reported at 17,360.000 sq km in 2015. This records a decrease from the previous number of 17,483.000 sq km for 2014. Korea Agricultural Land data is updated yearly, averaging 21,610.000 sq km from Dec 1961 (Median) to 2015, with 55 observations. The data reached an all-time high of 23,430.000 sq km in 1968 and a record low of 17,360.000 sq km in 2015. Korea Agricultural Land data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Korea – Table KR.World Bank: Land Use, Protected Areas and National Wealth. Agricultural land refers to the share of land area that is arable, under permanent crops, and under permanent pastures. Arable land includes land defined by the FAO as land under temporary crops (double-cropped areas are counted once), temporary meadows for mowing or for pasture, land under market or kitchen gardens, and land temporarily fallow. Land abandoned as a result of shifting cultivation is excluded. Land under permanent crops is land cultivated with crops that occupy the land for long periods and need not be replanted after each harvest, such as cocoa, coffee, and rubber. This category includes land under flowering shrubs, fruit trees, nut trees, and vines, but excludes land under trees grown for wood or timber. Permanent pasture is land used for five or more years for forage, including natural and cultivated crops.; ; Food and Agriculture Organization, electronic files and web site.; Sum;

South Korea agriculture equipment market size reached USD 3,459.1 Million in 2024. Looking forward, IMARC Group expects the market to reach USD 4,815.3 Million by 2033, exhibiting a growth rate (CAGR) of 3.74% during 2025-2033. The growing demand for advanced machinery, contributing to the overall modernization, is primarily driving the regional market.

IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the country level for 2025-2033. Our report has categorized the market based on equipment type, application, and sales channel.

South Korea: Agriculture value added, billion USD: The latest value from 2023 is 27.33 billion U.S. dollars, a decline from 27.48 billion U.S. dollars in 2022. In comparison, the world average is 23.83 billion U.S. dollars, based on data from 175 countries. Historically, the average for South Korea from 1960 to 2023 is 16.8 billion U.S. dollars. The minimum value, 0.94 billion U.S. dollars, was reached in 1961 while the maximum of 33.74 billion U.S. dollars was recorded in 2021.

South Korea Agriculture Robots Market is predicted to reach $290.32 million by 2030 with a CAGR of 18.2%% from 2023 to 2030

Korea GDP: % of GDP: Gross Value Added: Agriculture data was reported at 1.961 % in 2017. This records an increase from the previous number of 1.928 % for 2016. Korea GDP: % of GDP: Gross Value Added: Agriculture data is updated yearly, averaging 8.853 % from Dec 1960 (Median) to 2017, with 58 observations. The data reached an all-time high of 46.262 % in 1964 and a record low of 1.928 % in 2016. Korea GDP: % of GDP: Gross Value Added: Agriculture data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s South Korea – Table KR.World Bank.WDI: Gross Domestic Product: Share of GDP. 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.; ; World Bank national accounts data, and OECD National Accounts data files.; Weighted average; Note: Data for OECD countries are based on ISIC, revision 4.

Forecast: Agriculture, Forestry and Fishing Value Added in South Korea 2022 - 2026 Discover more data with ReportLinker!

Forecast: Production of Agriculture, Forestry and Seafood in South Korea 2024 - 2028 Discover more data with ReportLinker!

In South Korea in 2024, approximately *********** people were working in the agricultural industry. The majority of these were farmers and families, with people in forestry and fishery numbering around ************. There were just little less than *********** farming households. Shrinking number of farmers The development of manufacturing and high-tech industries in Korea meant the number of people involved in agriculture, forestry, and fishing has been dropping steadily for years. The mainstay of the economy became automobiles, ships, semiconductors, petroleum products, and so on. People in agriculture accounted for approximately ************ of the total population. This rate saw a steady decrease and is expected to fall further. The aging of current farmers and the industry’s unpopularity among younger generations is also having a negative effect. Youths prefer better paying and less physical strenuous occupations in companies or government service, among others. Around half of all farmers are more than 65 years old; this is the typical retirement age in Korea. Possibilities for growth of Korean agriculture In recent years, an increased focus on healthy eating and the introduction of technology into agriculture have created the potential for further industry growth. Koreans today are showing greater concern with the food they consume, whether they be grains, vegetables, or meat products. Organic farming and so-called ‘wellbeing’ foods are popular, despite the higher price tags associated with such products, leading to a growing market for organic agriculture and food products.

Actual value and historical data chart for South Korea Agriculture Value Added Current Lcu

South Korea Farming as a Service market to grow at 17.66% CAGR by 2030, supported by automation and AI precision agriculture.

Agriculture, forestry, and fishing, value added (% of GDP) in South Korea was reported at 1.5956 % in 2023, according to the World Bank collection of development indicators, compiled from officially recognized sources. South Korea - Agriculture, value added (% of GDP) - actual values, historical data, forecasts and projections were sourced from the World Bank on November of 2025.

Thailand Exports: South Korea: Agricultural Products data was reported at 1,679.316 THB mn in Jun 2018. This records a decrease from the previous number of 1,722.119 THB mn for May 2018. Thailand Exports: South Korea: Agricultural Products data is updated monthly, averaging 1,148.266 THB mn from Oct 1990 (Median) to Jun 2018, with 333 observations. The data reached an all-time high of 4,107.549 THB mn in Mar 2011 and a record low of 154.562 THB mn in Jun 1991. Thailand Exports: South Korea: Agricultural Products data remains active status in CEIC and is reported by Ministry of Commerce. The data is categorized under Global Database’s Thailand – Table TH.JA002: Trade Statistics: By Country.

Actual value and historical data chart for South Korea Agriculture Value Added Annual Percent Growth

Comprehensive dataset containing 201 verified Agricultural association businesses in South Korea with complete contact information, ratings, reviews, and location data.

South Korea Foreign Direct Investment Position: Outward: USD: Total: Agriculture, Forestry and Fishing data was reported at 1.813 USD bn in 2023. This records an increase from the previous number of 1.744 USD bn for 2022. South Korea Foreign Direct Investment Position: Outward: USD: Total: Agriculture, Forestry and Fishing data is updated yearly, averaging 1.031 USD bn from Dec 2013 (Median) to 2023, with 11 observations. The data reached an all-time high of 1.813 USD bn in 2023 and a record low of 662.638 USD mn in 2014. South Korea Foreign Direct Investment Position: Outward: USD: Total: Agriculture, Forestry and Fishing data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s South Korea – Table KR.OECD.FDI: Foreign Direct Investment Position: USD: by Industry: OECD Member: Annual. Reverse investment: Netting of reverse investment in equity (when a direct investment enterprise acquires less than 10% equity ownership in its parent) and reverse investment in debt (when a direct investment enterprise extends a loan to its parent) is applied in the recording of total inward and outward FDI transactions and positions. Treatment of debt FDI transactions and positions between fellow enterprises: directional basis according to the residency of the ultimate controlling parent (extended directional principle). FDI transactions and positions by partner country and/or by industry are available excluding and including resident Special Purpose Entities (SPEs). The dataset 'FDI statistics by parner country and by industry - Summary' contains series excluding resident SPEs only. Valuation method used for listed inward and outward equity positions: Own funds at book value. Valuation method used for unlisted inward equity positions: Own funds at book value. Valuation method used for unlisted outward equity positions: Own funds at book value, Accumulation of FDI equity flows, Book values. Valuation method used for inward debt positions: Nominal value. Valuation method used for outward debt positions: Market value.; FDI statistics are available by geographic allocation, vis-à-vis single partner countries worldwide and geographical and economic zones aggregates. Partner country allocation can be subject to confidentiality restrictions. Geographic allocation of inward and outward FDI transactions and positions is according to the immediate counterparty. Intercompany debt between related financial intermediaries, including permanent debt, are excluded from FDI transactions and positions. Direct investment relationships are identified according to the criteria of the Framework for Direct Investment Relationship (FDIR). Fellow enterprises are partially covered in FDI transactions and positions. However given the reporting treshold, almost all of the value of transactions of fellows are covered in the statistics. Collective investment institutions are included as direct investment enterprises. Non-profit institutions serving households are included as direct investors (outward FDI transactions and positions). FDI statistics are available by industry sectors according to ISIC4 classification. Industry sector allocation can be subject to confidentiality restrictions. Inward FDI transactions and positions are allocated to the activity of the resident direct investment enterprise. Outward FDI transactions are allocated according to the activity of the non resident direct investment enterprise. Outward FDI positions are allocated according to the activity of the non resident direct investment enterprise. Statistical unit: Enterprise.

In 2020, Agriculture Employment in South Korea was 1445 Thousand Units (Persons). Discover more data with NationMaster!