Indicator of food price anomalies in South Korea

South Korea: Indicator of food price anomalies was -0.1 index in 2024. ◆ Volatile

Latest (2024)
-0.1 index
Change on year
down 162.5%
World rank
87th
of 201 countries
All-time high
1.08 index
in 2020
All-time low
-0.98 index
in 2013
Years of data
15
2010–2024

Indicator of food price anomalies in South Korea, 2010–2024

-1-0.500.512010201720242010: 1.1 index2011: 0.23 index2012: -0.38 index2013: -0.98 index2014: -0.63 index2015: -0.03 index2016: 0.08 index2017: -0.14 index2018: 0.1 index2019: -0.62 index2020: 1.1 index2021: 0.61 index2022: -0.32 index2023: 0.16 index2024: -0.1 index

Source: Food and Agriculture Organization of the United Nations – processed by Our World in Data. Measured in index.

Analysis

In 2024, indicator of food price anomalies in South Korea stood at -0.1 index.

Compared with earlier readings it is down 162.5% on the previous year and up 84.1% over ten years.

Over the whole period, indicator of food price anomalies in South Korea peaked at 1.08 index in 2020 and was at its lowest, -0.98 index, in 2013.

South Korea ranks 87th of 201 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.

Indicator of food price anomalies in South Korea, year by year

Annual values for Indicator of food price anomalies in South Korea, 2010 to 2024.
Year index Change
2010 1.06 index
2011 0.23 index -78.3%
2012 -0.38 index -265.2%
2013 -0.98 index +157.9%
2014 -0.63 index -35.7%
2015 -0.03 index -95.2%
2016 0.08 index -366.7%
2017 -0.14 index -275.0%
2018 0.1 index -171.4%
2019 -0.62 index -720.0%
2020 1.08 index -274.2%
2021 0.61 index -43.5%
2022 -0.32 index -152.5%
2023 0.16 index -150.0%
2024 -0.1 index -162.5%

South Korea compared with similar countries

  • South Korea's -0.1 index is above the median for high income countries, which is -0.295 index, 34% of the median. (70 countries reporting)
  • South Korea's -0.1 index is below the median for East Asia & Pacific, which is -0.08 index, 1.2× the median. (29 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
2010s -0.131 index -0.98 index 1.06 index 10
2020s 0.286 index -0.32 index 1.08 index 5

Countries ranked near South Korea

  1. 85 Bosnia and Herzegovina -0.09 index compare
  2. 85 Sri Lanka -0.09 index compare
  3. 87 Indonesia -0.1 index compare
  4. 89 Cambodia -0.12 index compare
  5. 90 Benin -0.13 index compare
  6. 90 Cote d'Ivoire -0.13 index compare
  7. 90 Martinique -0.13 index compare
  8. 90 Ukraine -0.13 index compare

See the full ranking of 201 places →

More reference data data for South Korea

All data for South Korea →

Frequently asked questions

What is indicator of food price anomalies in South Korea?
Indicator of food price anomalies in South Korea was -0.1 index in 2024, according to Food and Agriculture Organization of the United Nations – processed by Our World in Data.
What is the highest indicator of food price anomalies recorded in South Korea?
The highest recorded value was 1.08 index in 2020.
What is the lowest indicator of food price anomalies recorded in South Korea?
The lowest recorded value was -0.98 index in 2013.
How does South Korea rank for indicator of food price anomalies?
South Korea ranks 87th out of 201 countries with data for 2024.
Is indicator of food price anomalies rising or falling in South Korea?
Over the last ten years it is up 84.1%. The long-run trend across the full record is volatile.
Where does this South Korea data come from?
The figures come from Food and Agriculture Organization of the United Nations – processed by Our World in Data, published as part of Indicator of food price anomalies. Statizoid updates them automatically from the source API.

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Indicator of food price anomalies in South Korea. Statizoid, drawing on Food and Agriculture Organization of the United Nations – processed by Our World in Data. Retrieved 23 September 2026, from https://reference.statizoid.com/stat/food-price-anomalies/korea-rep/

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About this data

Indicator
Indicator of food price anomalies
Unit
index
Source
Food and Agriculture Organization of the United Nations – processed by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
201 places, 3,005 data points, 2010–2024
Last refreshed

Indicator of Food Price Anomalies (IFPA), by Consumer Food Price Index.