Africa's Development Dynamics (AfDD) Table 08 - Sectoral breakdown of in Korea
Korea: Africa's Development Dynamics (AfDD) Table 08 - Sectoral breakdown of was 9.68 Percentage of GDP in 2022. ▼ Falling
Africa's Development Dynamics (AfDD) Table 08 - Sectoral breakdown of in Korea, 2000–2022
Source: Organisation for Economic Co-operation and Development. Measured in Percentage of GDP.
Analysis
Korea recorded 9.68 Percentage of GDP for africa's development dynamics (afdd) table 08 - sectoral breakdown of in 2022.
Compared with earlier readings it is up 3.4% on the previous year and down 14.0% over ten years.
Over the whole period, africa's development dynamics (afdd) table 08 - sectoral breakdown of in Korea peaked at 12.47 Percentage of GDP in 2000 and was at its lowest, 9.36 Percentage of GDP, in 2021.
That places Korea 26th out of 28 groups with data for 2022, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 23 years of available data.
Africa's Development Dynamics (AfDD) Table 08 - Sectoral breakdown of in Korea, year by year
| Year | Percentage of GDP | Change |
|---|---|---|
| 2000 | 12.47 Percentage of GDP | — |
| 2001 | 12.29 Percentage of GDP | -1.4% |
| 2002 | 11.93 Percentage of GDP | -2.9% |
| 2003 | 11.4 Percentage of GDP | -4.5% |
| 2004 | 10.91 Percentage of GDP | -4.3% |
| 2005 | 10.78 Percentage of GDP | -1.2% |
| 2006 | 10.85 Percentage of GDP | +0.7% |
| 2007 | 10.74 Percentage of GDP | -1.1% |
| 2008 | 11 Percentage of GDP | +2.4% |
| 2009 | 10.93 Percentage of GDP | -0.6% |
| 2010 | 10.99 Percentage of GDP | +0.5% |
| 2011 | 11.14 Percentage of GDP | +1.4% |
| 2012 | 11.25 Percentage of GDP | +1.0% |
| 2013 | 11.1 Percentage of GDP | -1.3% |
| 2014 | 10.64 Percentage of GDP | -4.2% |
| 2015 | 10.54 Percentage of GDP | -0.9% |
| 2016 | 10.62 Percentage of GDP | +0.8% |
| 2017 | 10.43 Percentage of GDP | -1.8% |
| 2018 | 10.39 Percentage of GDP | -0.4% |
| 2019 | 10.47 Percentage of GDP | +0.8% |
| 2020 | 9.71 Percentage of GDP | -7.2% |
| 2021 | 9.36 Percentage of GDP | -3.7% |
| 2022 | 9.68 Percentage of GDP | +3.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 11.33 Percentage of GDP | 10.74 Percentage of GDP | 12.47 Percentage of GDP | 10 |
| 2010s | 10.76 Percentage of GDP | 10.39 Percentage of GDP | 11.25 Percentage of GDP | 10 |
| 2020s | 9.58 Percentage of GDP | 9.36 Percentage of GDP | 9.71 Percentage of GDP | 3 |
Countries ranked near Korea
- 23 Angola 22.3 Percentage of GDP compare
- 24 Panama 22.16 Percentage of GDP compare
- 25 Argentina 21.75 Percentage of GDP compare
- 25 Micronesia 14.23 Percentage of GDP compare
- 26 Palau 21.64 Percentage of GDP compare
- 27 Slovenia 14.09 Percentage of GDP compare
- 27 Lesotho 9.18 Percentage of GDP compare
- 27 Pakistan 21.63 Percentage of GDP compare
- 28 Equatorial Guinea 8.47 Percentage of GDP compare
- 28 Kyrgyzstan 21.57 Percentage of GDP compare
- 29 Singapore 21.41 Percentage of GDP compare
More economy & growth data for Korea
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.03 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 2.2 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 16 - Public finances 24.21 Percentage of GDP (2029)
- Index of digital trade integration and openness 0.2301 Index (2024)
- Index of digital trade integration and openness (INDIGO) — A. 0.0475 Index (2024)
- Index of digital trade integration and openness (INDIGO) — B. Openess 0.0121 Index (2024)
- Index of digital trade integration and openness (INDIGO) — C. Trust 0.064 Index (2024)
- Index of digital trade integration and openness (INDIGO) — D. 0.0485 Index (2024)
- Index of digital trade integration and openness (INDIGO) — E. Wider 0.058 Index (2024)
- Corporate income tax (CIT) - statutory and targeted small business 27.5 Percentage of taxable income (2026)
Frequently asked questions
- What is africa's development dynamics (afdd) table 08 - sectoral breakdown of in Korea?
- Africa's development dynamics (afdd) table 08 - sectoral breakdown of in Korea was 9.68 Percentage of GDP in 2022, according to Organisation for Economic Co-operation and Development.
- What is the highest africa's development dynamics (afdd) table 08 - sectoral breakdown of recorded in Korea?
- The highest recorded value was 12.47 Percentage of GDP in 2000.
- What is the lowest africa's development dynamics (afdd) table 08 - sectoral breakdown of recorded in Korea?
- The lowest recorded value was 9.36 Percentage of GDP in 2021.
- How does Korea rank for africa's development dynamics (afdd) table 08 - sectoral breakdown of?
- Korea ranks 26th out of 28 groups with data for 2022.
- Is africa's development dynamics (afdd) table 08 - sectoral breakdown of rising or falling in Korea?
- Over the last ten years it is down 14.0%. The long-run trend across the full record is falling.
- Where does this Korea data come from?
- The figures come from Organisation for Economic Co-operation and Development, published as part of Africa's Development Dynamics (AfDD) Table 08 - Sectoral breakdown of the economy — Value added in wholesale, retail trade, restaurants and hotels. Statizoid updates them automatically from the source API.
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About this data
The Statistical Annex to the annual Africa's Development Dynamics (AFDD) report is a collection of development indicators that were gathered and analysed while conducting the research that went into the report. These data are also available online for free viewing or download at https://oe.cd/AFDD-2024, a bilingual website which links to the electronic version of the Africa's Development Dynamics book in both English and French. Table 8 shows the breakdown of national economies by sectors of activity, looking at share of employment, contributions to GDP, along with the impact of natural resource extraction on the economy.