South Korea: Biofuels production

The latest value from 2024 is 15.34 thousand barrels per day, a decline from 16.35 thousand barrels per day in 2023. In comparison, the world average is 45.36 thousand barrels per day, based on data from 74 countries. Historically, the average for South Korea from 1980 to 2024 is 4.23 thousand barrels per day. The minimum value, 0 thousand barrels per day, was reached in 1980 while the maximum of 16.35 thousand barrels per day was recorded in 2023. See the global rankings or world map for that indicator or use the country comparator to compare trends over time.

Definition: Biofuels are renewable fuels made from organic materials such as plants, agricultural waste, or algae. Common types include bioethanol and biodiesel.