(measure: billion U.S. dollars; Source: The World Bank)
* indicates monthly or quarterly data series
South Korea: Industry value added, billion USD, 1960 - 2020:
For that indicator, we provide data for South Korea from 1960 to 2020. The average value for South Korea during that period was 170.43 billion U.S. dollars with a minimum of 0.43 billion U.S. dollars in 1961 and a maximum of 587.24 billion U.S. dollars in 2018.
The latest value from 2020 is 534.83 billion U.S. dollars. For comparison, the world average in 2020 based on 144
countries is 106.68 billion U.S. dollars.
See the global rankings for that indicator or
use the country comparator to compare trends over time.
Definition: Industry corresponds to ISIC divisions 10-45 and includes manufacturing (ISIC divisions 15-37). It comprises value added in mining, manufacturing (also reported as a separate subgroup), construction, electricity, water, and gas. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3. Data are in current U.S. dollars.