Indicator of food price anomalies in South Korea

South Korea: Indicator of food price anomalies was 0.16 index in 2023. ◆ Volatile

Latest (2023)
0.16 index
Change on year
up 150.0%
World rank
133rd
of 200 countries
All-time high
1.08 index
in 2020
All-time low
-0.98 index
in 2013
Years of data
14
2010–2023

Indicator of food price anomalies in South Korea, 2010–2023

-1-0.500.512010201620232010: 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 index

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

Analysis

In 2023, indicator of food price anomalies in South Korea stood at 0.16 index.

Compared with earlier readings it is up 150.0% on the previous year and up 116.3% 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 133rd of 200 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.

Averages by decade

DecadeAverage LowestHighest Years
2010s -0.131 index -0.98 index 1.06 index 10
2020s 0.3825 index -0.32 index 1.08 index 4

Countries ranked near South Korea

  1. 130 Antigua and Barbuda 0.21 index compare
  2. 130 Madagascar 0.21 index compare
  3. 132 Cayman Islands 0.18 index compare
  4. 134 Paraguay 0.13 index compare
  5. 135 Cote d'Ivoire 0.12 index compare
  6. 135 Mexico 0.12 index compare
  7. 135 Yemen 0.12 index compare

See the full ranking of 200 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 0.16 index in 2023, 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 133rd out of 200 countries with data for 2023.
Is indicator of food price anomalies rising or falling in South Korea?
Over the last ten years it is up 116.3%. 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.

Download this data

CSV · JSON — 14 observations, free to reuse under CC BY 4.0 (Our World in Data).

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
200 places, 2,795 data points, 2010–2023
Last refreshed

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