Vegetable oil vs gdp in South Korea
South Korea: Vegetable oil vs gdp was 24.03 in 2023. ◆ Volatile
Vegetable oil vs gdp in South Korea, 1961–2023
Source: Our World in Data.
Analysis
South Korea recorded 24.03 for vegetable oil vs gdp in 2023.
Compared with earlier readings it is up 2.8% on the previous year and up 33.7% over ten years.
Over the whole period, vegetable oil vs gdp in South Korea peaked at 24.36 in 2021 and was at its lowest, 0.3568, in 1963.
South Korea ranks 9th of 192 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Vegetable oil vs gdp in South Korea, year by year
| Year | Value | Change |
|---|---|---|
| 1961 | 0.4133 | — |
| 1962 | 0.4141 | +0.2% |
| 1963 | 0.3568 | -13.8% |
| 1964 | 0.3768 | +5.6% |
| 1965 | 0.3975 | +5.5% |
| 1966 | 0.554 | +39.4% |
| 1967 | 0.6116 | +10.4% |
| 1968 | 0.6685 | +9.3% |
| 1969 | 0.8706 | +30.2% |
| 1970 | 0.7825 | -10.1% |
| 1971 | 1.24 | +57.9% |
| 1972 | 0.9846 | -20.3% |
| 1973 | 1.2 | +21.6% |
| 1974 | 1.15 | -4.0% |
| 1975 | 1.08 | -5.7% |
| 1976 | 1.9 | +75.4% |
| 1977 | 1.69 | -11.0% |
| 1978 | 2.08 | +22.7% |
| 1979 | 2.11 | +1.7% |
| 1980 | 3.26 | +54.3% |
| 1981 | 3.24 | -0.8% |
| 1982 | 4.76 | +47.3% |
| 1983 | 4.16 | -12.8% |
| 1984 | 4.95 | +19.2% |
| 1985 | 5.71 | +15.2% |
| 1986 | 6.2 | +8.6% |
| 1987 | 6.7 | +8.1% |
| 1988 | 7.36 | +9.9% |
| 1989 | 7.73 | +5.0% |
| 1990 | 8.29 | +7.2% |
| 1991 | 9.96 | +20.2% |
| 1992 | 9.09 | -8.8% |
| 1993 | 8.69 | -4.3% |
| 1994 | 10.48 | +20.5% |
| 1995 | 8.75 | -16.5% |
| 1996 | 10.59 | +21.0% |
| 1997 | 11.31 | +6.8% |
| 1998 | 12.57 | +11.2% |
| 1999 | 11.63 | -7.5% |
| 2000 | 12.72 | +9.4% |
| 2001 | 12.19 | -4.2% |
| 2002 | 12.19 | +0.1% |
| 2003 | 13.56 | +11.2% |
| 2004 | 14.97 | +10.4% |
| 2005 | 14.79 | -1.2% |
| 2006 | 14.81 | +0.1% |
| 2007 | 15.55 | +5.0% |
| 2008 | 15.86 | +2.0% |
| 2009 | 17.4 | +9.7% |
| 2010 | 18.99 | +9.1% |
| 2011 | 17.51 | -7.8% |
| 2012 | 18.97 | +8.3% |
| 2013 | 17.97 | -5.3% |
| 2014 | 19.56 | +8.8% |
| 2015 | 19.97 | +2.1% |
| 2016 | 19.97 | +0.0% |
| 2017 | 20.89 | +4.6% |
| 2018 | 21.18 | +1.4% |
| 2019 | 22.93 | +8.3% |
| 2020 | 23.85 | +4.0% |
| 2021 | 24.36 | +2.1% |
| 2022 | 23.37 | -4.1% |
| 2023 | 24.03 | +2.8% |
South Korea compared with similar countries
- South Korea's 24.03 is above the median for high income countries, which is 14.94, 1.6× the median. (63 countries reporting)
- South Korea's 24.03 is above the median for East Asia & Pacific, which is 10.73, 2.2× the median. (32 countries reporting)
Biggest year-on-year movements
Years where Vegetable oil vs gdp 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.
| Year | Change | From | To |
|---|---|---|---|
| 1976 | +75.4% | 1.08 | 1.9 |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 0.5181 | 0.3568 | 0.8706 | 9 |
| 1970s | 1.42 | 0.7825 | 2.11 | 10 |
| 1980s | 5.41 | 3.24 | 7.73 | 10 |
| 1990s | 10.14 | 8.29 | 12.57 | 10 |
| 2000s | 14.4 | 12.19 | 17.4 | 10 |
| 2010s | 19.79 | 17.51 | 22.93 | 10 |
| 2020s | 23.9 | 23.37 | 24.36 | 4 |
Countries ranked near South Korea
More energy & mining data for South Korea
- Fuel imports 22.2% (2025)
- Ores and metals imports 7.2% (2025)
- Fuel exports 6.7% (2025)
- Ores and metals exports 2.6% (2025)
- Gas production 0 terawatt-hours (2024)
- Fossil fuel production per person, by fuel 0 kilowatt-hours per person (2024)
- Fossil fuel production by fuel 0 terawatt-hours (2024)
- Gas production per person 0 kilowatt-hours per person (2024)
- Fossil fuel production by fuel, per capita 0 terawatt-hours per person (2024)
- Fossil fuel production by fuel, per unit of GDP 0 terawatt-hours per US$ of GDP (2024)
Frequently asked questions
- What is vegetable oil vs gdp in South Korea?
- Vegetable oil vs gdp in South Korea was 24.03 in 2023, according to Our World in Data.
- What is the highest vegetable oil vs gdp recorded in South Korea?
- The highest recorded value was 24.36 in 2021.
- What is the lowest vegetable oil vs gdp recorded in South Korea?
- The lowest recorded value was 0.3568 in 1963.
- How does South Korea rank for vegetable oil vs gdp?
- South Korea ranks 9th out of 192 countries with data for 2023.
- Is vegetable oil vs gdp rising or falling in South Korea?
- Over the last ten years it is up 33.7%. The long-run trend across the full record is volatile.
- Where does this South Korea data come from?
- The figures come from Our World in Data, published as part of Vegetable oil vs gdp. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 63 observations, free to reuse under CC BY 4.0 (Our World in Data).