Farming households' income hits record high in 2025: Data

Farmers prepare to harvest garlic at a garlic field in Daegu on May 10. [NEWS1]
Farmers prepare to harvest garlic at a garlic field in Daegu on May 10.

The average income of Korea's farming households increased to the largest-ever level last year on the back of a sharp rise in earnings from livestock, government data showed Friday.

The total came to 54.66 million won ($36,200), up 8 percent from the previous year, according to data compiled by the Ministry of Data and Statistics.

The rise was mainly driven by the 28.5 percent income increase from livestock, and a 22.3 percent gain from the farming sector.

Their income from government subsidies and other transfer income advanced 9.1 percent to 19.89 million won.

The average assets of farming households also climbed 7.6 percent on year to 663 million won, with their debt increasing 6 percent to 47.7 million won.

The average income of households engaged in fishing or fish farming, on the other hand, backtracked 7.3 percent on year to 58.98 million won last year.

Yonhap