Annual value added: Intermediate consumption in Korea
Korea: Annual value added: Intermediate consumption was 122.71 Index in 2022. ▲ Rising
Annual value added and its components by economic activity in Korea, 2000–2022
Source: Organisation for Economic Co-operation and Development. Measured in Index.
Analysis
Korea recorded 122.71 Index for annual value added and its components by economic activity in 2022. That is the highest value across all 23 years on record.
That represents a change of up 13.3% on the previous year and up 11.1% over ten years.
Over the whole period, annual value added and its components by economic activity in Korea peaked at 122.71 Index in 2022 and was at its lowest, 82.25 Index, in 2002.
The long-run direction has been consistently rising across the 23 years of available data.
Annual value added: Intermediate consumption in Korea, year by year
| Year | Index | Change |
|---|---|---|
| 2000 | 83.87 Index | — |
| 2001 | 84.64 Index | +0.9% |
| 2002 | 82.25 Index | -2.8% |
| 2003 | 83.14 Index | +1.1% |
| 2004 | 87.89 Index | +5.7% |
| 2005 | 88.14 Index | +0.3% |
| 2006 | 88.28 Index | +0.2% |
| 2007 | 89.19 Index | +1.0% |
| 2008 | 103.58 Index | +16.1% |
| 2009 | 104.65 Index | +1.0% |
| 2010 | 106.36 Index | +1.6% |
| 2011 | 110.83 Index | +4.2% |
| 2012 | 110.43 Index | -0.4% |
| 2013 | 107.4 Index | -2.7% |
| 2014 | 105.43 Index | -1.8% |
| 2015 | 100.39 Index | -4.8% |
| 2016 | 97.21 Index | -3.2% |
| 2017 | 100.92 Index | +3.8% |
| 2018 | 103.7 Index | +2.8% |
| 2019 | 102.81 Index | -0.9% |
| 2020 | 100 Index | -2.7% |
| 2021 | 108.33 Index | +8.3% |
| 2022 | 122.71 Index | +13.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 89.56 Index | 82.25 Index | 104.65 Index | 10 |
| 2010s | 104.55 Index | 97.21 Index | 110.83 Index | 10 |
| 2020s | 110.35 Index | 100 Index | 122.71 Index | 3 |
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Frequently asked questions
- What is annual value added and its components by economic activity in Korea?
- Annual value added and its components by economic activity in Korea was 122.71 Index in 2022, according to Organisation for Economic Co-operation and Development.
- What is the highest annual value added and its components by economic activity recorded in Korea?
- The highest recorded value was 122.71 Index in 2022.
- What is the lowest annual value added and its components by economic activity recorded in Korea?
- The lowest recorded value was 82.25 Index in 2002.
- How does Korea rank for annual value added and its components by economic activity?
- Korea ranks 1st out of 2 groups with data for 2022.
- Is annual value added and its components by economic activity rising or falling in Korea?
- Over the last ten years it is up 11.1%. The long-run trend across the full record is rising.
- Where does this Korea data come from?
- The figures come from Organisation for Economic Co-operation and Development, published as part of Annual value added and its components by economic activity — Intermediate consumption. Statizoid updates them automatically from the source API.
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About this data
This table presents gross value added by economic activity based on detailed breakdowns of Revision 4 of the International Standard Industrial Classification of All Economic Activities (ISIC). The table also presents detailed ISIC data for output, intermediate consumption and consumption of fixed capital (depreciation), as well as for components of gross value added (GVA) such as wages and salaries and net operating surplus (business profits) and mixed income (profits of the self-employed). These can be selected using the ‘Transaction filter’. The presentation is on a country-by-country basis. Users are recommended to select one country (or area) at a time in the ‘Reference area’ filter. Data is presented for each country in national currency as well as in euros for the European Union and the euro area. Data is presented in current prices (default view), but for some items it is possible to select chain linked volume and other price measures using the ‘Price base’ filter. These indicators were presented in the previous dissemination system in the SNA_TABLE6A dataset. See ANA Changes for information on changes in methodology: ANA Changes Explore also the GDP and non-financial accounts webpage: GDP and non-financial accounts webpage OECD statistics contact: STAT.Contact@oecd.org