Vegetable oil vs gdp, annual growth rate in South Korea

South Korea: Vegetable oil vs gdp, annual growth rate was 2.82 % change on previous year in 2023. ◆ Volatile

Latest (2023)
2.82 % change on previous year
Change on year
up 169.5%
World rank
71st
of 184 countries
All-time high
75.45 % change on previous year
in 1976
All-time low
-20.32 % change on previous year
in 1972
Years of data
62
1962–2023

Vegetable oil vs gdp, annual growth rate in South Korea, 1962–2023

-20020406080196219922023

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

The most recent figure for vegetable oil vs gdp, annual growth rate in South Korea is 2.82 % change on previous year, measured in 2023.

That represents a change of up 169.5% on the previous year and up 153.6% over ten years.

Over the whole period, vegetable oil vs gdp, annual growth rate in South Korea peaked at 75.45 % change on previous year in 1976 and was at its lowest, -20.32 % change on previous year, in 1972.

South Korea ranks 71st of 184 countries on this measure, in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

Vegetable oil vs gdp, annual growth rate in South Korea, year by year

Annual values for Vegetable oil vs gdp, annual growth rate in South Korea, 1962 to 2023.
Year % change on previous year Change
1962 0.2088 % change on previous year —
1963 -13.84 % change on previous year -6728.7%
1964 5.59 % change on previous year -140.4%
1965 5.5 % change on previous year -1.6%
1966 39.35 % change on previous year +615.1%
1967 10.41 % change on previous year -73.5%
1968 9.3 % change on previous year -10.7%
1969 30.23 % change on previous year +225.2%
1970 -10.12 % change on previous year -133.5%
1971 57.91 % change on previous year -672.3%
1972 -20.32 % change on previous year -135.1%
1973 21.61 % change on previous year -206.4%
1974 -3.98 % change on previous year -118.4%
1975 -5.74 % change on previous year +44.1%
1976 75.45 % change on previous year -1414.8%
1977 -11 % change on previous year -114.6%
1978 22.74 % change on previous year -306.8%
1979 1.73 % change on previous year -92.4%
1980 54.28 % change on previous year +3042.3%
1981 -0.7552 % change on previous year -101.4%
1982 47.28 % change on previous year -6360.3%
1983 -12.79 % change on previous year -127.1%
1984 19.24 % change on previous year -250.4%
1985 15.21 % change on previous year -20.9%
1986 8.61 % change on previous year -43.4%
1987 8.08 % change on previous year -6.2%
1988 9.87 % change on previous year +22.2%
1989 5.01 % change on previous year -49.2%
1990 7.17 % change on previous year +43.1%
1991 20.24 % change on previous year +182.3%
1992 -8.8 % change on previous year -143.5%
1993 -4.31 % change on previous year -51.0%
1994 20.5 % change on previous year -575.6%
1995 -16.49 % change on previous year -180.4%
1996 20.98 % change on previous year -227.3%
1997 6.84 % change on previous year -67.4%
1998 11.19 % change on previous year +63.5%
1999 -7.54 % change on previous year -167.4%
2000 9.41 % change on previous year -224.9%
2001 -4.21 % change on previous year -144.8%
2002 0.0533 % change on previous year -101.3%
2003 11.23 % change on previous year +20958.0%
2004 10.41 % change on previous year -7.3%
2005 -1.21 % change on previous year -111.6%
2006 0.0913 % change on previous year -107.6%
2007 5.04 % change on previous year +5422.4%
2008 1.97 % change on previous year -61.0%
2009 9.74 % change on previous year +394.8%
2010 9.12 % change on previous year -6.3%
2011 -7.79 % change on previous year -185.4%
2012 8.34 % change on previous year -207.0%
2013 -5.27 % change on previous year -163.2%
2014 8.85 % change on previous year -267.8%
2015 2.1 % change on previous year -76.3%
2016 0 % change on previous year -100.0%
2017 4.61 % change on previous year —
2018 1.39 % change on previous year -69.9%
2019 8.26 % change on previous year +495.2%
2020 4.01 % change on previous year -51.4%
2021 2.14 % change on previous year -46.7%
2022 -4.06 % change on previous year -290.1%
2023 2.82 % change on previous year -169.5%

South Korea compared with similar countries

  • South Korea's 2.82 % change on previous year is above the median for high income countries, which is 0.8288 % change on previous year, 3.4× the median. (60 countries reporting)
  • South Korea's 2.82 % change on previous year is above the median for East Asia & Pacific, which is 0.1593 % change on previous year, 17.7× the median. (27 countries reporting)

Biggest year-on-year movements

Years where Vegetable oil vs gdp, annual growth rate in South Korea changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

YearChange FromTo
2003 +20958.0% 0.0533 % change on previous year 11.23 % change on previous year
1963 -6728.7% 0.2088 % change on previous year -13.84 % change on previous year
1982 +6360.3% -0.7552 % change on previous year 47.28 % change on previous year
2007 +5422.4% 0.0913 % change on previous year 5.04 % change on previous year
1980 +3042.3% 1.73 % change on previous year 54.28 % change on previous year
1976 +1414.8% -5.74 % change on previous year 75.45 % change on previous year

Averages by decade

DecadeAverage LowestHighest Years
1960s 10.84 % change on previous year -13.84 % change on previous year 39.35 % change on previous year 8
1970s 12.83 % change on previous year -20.32 % change on previous year 75.45 % change on previous year 10
1980s 15.4 % change on previous year -12.79 % change on previous year 54.28 % change on previous year 10
1990s 4.98 % change on previous year -16.49 % change on previous year 20.98 % change on previous year 10
2000s 4.25 % change on previous year -4.21 % change on previous year 11.23 % change on previous year 10
2010s 2.96 % change on previous year -7.79 % change on previous year 9.12 % change on previous year 10
2020s 1.23 % change on previous year -4.06 % change on previous year 4.01 % change on previous year 4

Countries ranked near South Korea

  1. 68 United States 3.42 % change on previous year compare
  2. 69 Kiribati 3.26 % change on previous year compare
  3. 70 Malta 3.2 % change on previous year compare
  4. 72 Saint Lucia 2.75 % change on previous year compare
  5. 73 Denmark 2.65 % change on previous year compare
  6. 74 Colombia 2.56 % change on previous year compare

See the full ranking of 184 places →

More energy & mining data for South Korea

All data for South Korea →

Frequently asked questions

What is vegetable oil vs gdp, annual growth rate in South Korea?
Vegetable oil vs gdp, annual growth rate in South Korea was 2.82 % change on previous year in 2023, according to Statizoid (derived).
What is the highest vegetable oil vs gdp, annual growth rate recorded in South Korea?
The highest recorded value was 75.45 % change on previous year in 1976.
What is the lowest vegetable oil vs gdp, annual growth rate recorded in South Korea?
The lowest recorded value was -20.32 % change on previous year in 1972.
How does South Korea rank for vegetable oil vs gdp, annual growth rate?
South Korea ranks 71st out of 184 countries with data for 2023.
Is vegetable oil vs gdp, annual growth rate rising or falling in South Korea?
Over the last ten years it is up 153.6%. The long-run trend across the full record is volatile.
Where does this South Korea data come from?
The figures come from Statizoid (derived), published as part of Vegetable oil vs gdp, annual growth rate. Statizoid updates them automatically from the source API.

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Vegetable oil vs gdp, annual growth rate in South Korea. Statizoid, drawing on Statizoid (derived). Retrieved 10 October 2026, from https://energy.statizoid.com/stat/vegetable-oil-vs-gdp-annual-growth-rate/korea-rep/

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How this figure is calculated

The year-on-year percentage change in Vegetable oil vs gdp. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

Computed from

Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.

About this data

Indicator
Vegetable oil vs gdp, annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
184 places, 9,978 data points, 1962–2023
Last refreshed

The year-on-year percentage change in Vegetable oil vs gdp. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.