Arable land (hectares) for Korea, Rep.

Indicator Definition:
Arable land (in hectares) includes land defined by the FAO as land under temporary crops (double-cropped areas are counted once), temporary meadows for mowing or for pasture, land under market or kitchen gardens, and land temporarily fallow. Land abandoned as a result of shifting cultivation is excluded.

The indicator "Arable land (hectares)" stands at 1.46 Million as of 12/31/2023, the highest value since 12/31/2016.
Regarding the One-Year-Change of the series, the current value constitutes an increase of 10.30 percent compared to the value the year prior.
The 1 year change in percent is 10.30.
The 3 year change in percent is 7.69.
The 5 year change in percent is 5.97.
The 10 year change in percent is -2.66.

The Serie's long term average value is 1.82 Million. It's latest available value, on 12/31/2023, is 19.96 percent lower, compared to it's long term average value.
The Serie's change in percent from it's minimum value, on 12/31/2022, to it's latest available value, on 12/31/2023, is +10.30%.
The Serie's change in percent from it's maximum value, on 12/31/1967, to it's latest available value, on 12/31/2023, is -33.70%.