
South Korea: Industry value added
* indicates monthly or quarterly data series
| South Korea |
Industry value added, billion USD |
|---|---|
| Latest value | 642.79 |
| Year | 2025 |
| Measure | billion U.S. dollars |
| Data availability | 1960 - 2025 |
| Average | 213.38 |
| Min - Max | 0.43 - 643.93 |
| Source | The World Bank |
| Available for | Data download |
The latest value from 2025 is 642.79 billion U.S. dollars, an increase from 635.8 billion U.S. dollars in 2024. In comparison, the world average is 139.02 billion U.S. dollars, based on data from 156 countries. Historically, the average for South Korea from 1960 to 2025 is 213.38 billion U.S. dollars. The minimum value, 0.43 billion U.S. dollars, was reached in 1961 while the maximum of 643.93 billion U.S. dollars was recorded in 2021.
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* indicates monthly or quarterly data series
| Recent values | South Korea: Industry value added |
|---|---|
| 2025 | 642.79 |
| 2024 | 635.80 |
| 2023 | 599.99 |
| 2022 | 585.00 |
| 2021 | 643.93 |
| 2020 | 581.76 |
| 2019 | 589.17 |
| 2018 | 638.06 |
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.
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| Related indicators | Latest | Reference | Measure |
|---|---|---|---|
| Share of industry | 34.33 | 2025 | percent |
| Share of manufacturing | 27.43 | 2025 | percent |
| Share of services | 57.23 | 2025 | percent |
| Industry value added | 642.79 | 2025 | billion U.S. dollars |
| Manufacturing value added | 513.52 | 2025 | billion U.S. dollars |
| Services value added | 1,071.52 | 2025 | billion U.S. dollars |
| Savings, percent of GDP | 35.60 | 2025 | percent |
| Savings, in dollars | 666.54 | 2025 | billion U.S. dollars |