As of 2023, the arable land area in South Korea stood at 1.3171 million hectares, showing a consistent year-on-year decline over the years. From 2013 to 2023, the arable land area decreased at varying yearly rates, with recent decreases of 0.97% in both 2022 and 2023. The Compound Annual Growth Rate (CAGR) over the last five years has been -0.84%. Forecasted data from 2024 to 2028 suggests a continued decline, with a forecasted CAGR of -0.77%, leading to a 3.81% reduction over this period.
Future trends to watch for include urbanization pressures, changes in agricultural policies, advancements in agricultural technology, and environmental factors. Monitoring these trends will be crucial for understanding potential impacts on the arable land area in South Korea.
