South Korea’s agriculture sector contributed 7.6% to GDP in 1990 but steadily declined to 1.6% by 2022, paralleling the country’s rapid industrialization. As South Korea advanced in technology and manufacturing, agriculture’s relative contribution reduced significantly. By the 2000s, agriculture’s share stabilized below 3%, reflecting increased urbanization and reduced arable land.
The slight rise to 1.9% in 2021 may relate to increased food demand during the pandemic, underscoring agriculture’s ongoing importance for food security, despite its minimal GDP share in South Korea’s highly industrialized economy.
The slight rise to 1.9% in 2021 may relate to increased food demand during the pandemic, underscoring agriculture’s ongoing importance for food security, despite its minimal GDP share in South Korea’s highly industrialized economy.
For a broader context, visit other statistics on South Korea’s mortality rate trends, South Korea’s government debt to GDP ratio, South Korea’s defense spending.
