(measure: billion U.S. dollars; Source: The World Bank)
* indicates monthly or quarterly data series
South Korea: Manufacturing value added, billion USD
For that indicator, we provide data for South Korea from 1960 to 2019. The average value for South Korea during that period was 125.46 billion U.S. dollars with a minimum of 0.29 billion U.S. dollars in 1961 and a maximum of 458.53 billion U.S. dollars in 2018.
The latest value from 2019 is 416.9 billion U.S. dollars. For comparison, the world average in 2019 based on 122
countries is 79.23 billion U.S. dollars.
See the global rankings for that indicator or
use the country comparator to compare trends over time.
Definition: Manufacturing refers to industries belonging to ISIC divisions 15-37. 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.