Domestic material consumption per unit of GDP, by type of raw material in Republic of Korea
Republic of Korea: Domestic material consumption per unit of GDP, by type of raw material was 0.4859 in 2024. ▼ Falling
Domestic material consumption per unit of GDP, by type of raw material in Republic of Korea, 2000–2024
Source: United Nations Statistics Division, SDG Global Database.
Analysis
Republic of Korea recorded 0.4859 for domestic material consumption per unit of gdp, by type of raw material in 2024.
That represents a change of down 0.4% on the previous year and down 9.4% over ten years.
Over the whole period, domestic material consumption per unit of gdp, by type of raw material in Republic of Korea peaked at 0.8472 in 2000 and was at its lowest, 0.4801, in 2022.
Republic of Korea ranks 171st of 224 countries on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 25 years of available data.
Domestic material consumption per unit of GDP, by type of raw material in Republic of Korea, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 0.8472 | — |
| 2001 | 0.8362 | -1.3% |
| 2002 | 0.7968 | -4.7% |
| 2003 | 0.824 | +3.4% |
| 2004 | 0.7615 | -7.6% |
| 2005 | 0.6583 | -13.6% |
| 2006 | 0.6457 | -1.9% |
| 2007 | 0.6355 | -1.6% |
| 2008 | 0.6248 | -1.7% |
| 2009 | 0.6067 | -2.9% |
| 2010 | 0.5692 | -6.2% |
| 2011 | 0.5463 | -4.0% |
| 2012 | 0.5588 | +2.3% |
| 2013 | 0.5521 | -1.2% |
| 2014 | 0.5362 | -2.9% |
| 2015 | 0.5434 | +1.3% |
| 2016 | 0.5667 | +4.3% |
| 2017 | 0.5476 | -3.4% |
| 2018 | 0.528 | -3.6% |
| 2019 | 0.5136 | -2.7% |
| 2020 | 0.4895 | -4.7% |
| 2021 | 0.486 | -0.7% |
| 2022 | 0.4801 | -1.2% |
| 2023 | 0.488 | +1.6% |
| 2024 | 0.4859 | -0.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.7237 | 0.6067 | 0.8472 | 10 |
| 2010s | 0.5462 | 0.5136 | 0.5692 | 10 |
| 2020s | 0.4859 | 0.4801 | 0.4895 | 5 |
Countries ranked near Republic of Korea
More economy & growth data for Republic of Korea
- Gross Fixed Capital Formation — Annual growth US$, 2015 prices 4 % (2024)
- Gross Fixed Capital Formation — Annual growth US$ 1.5 % (2024)
- Gross Fixed Capital Formation — Annual growth Standard Local 4 % (2024)
- Gross Fixed Capital Formation — Annual growth Standard Local Currency 6.06 % (2024)
- Gross Fixed Capital Formation — Share of GDP Standard Local Currency 29.86 % (2024)
- Gross Fixed Capital Formation — Share of GDP Standard Local Currency 32.07 % (2024)
- Gross Fixed Capital Formation — Share of GDP US$, 2015 prices 29.86 % (2024)
- Gross Fixed Capital Formation — Share of GDP US$ 32.07 % (2024)
- Gross Fixed Capital Formation — Value US$, 2015 prices 571,534 million USD (2024)
- Gross Fixed Capital Formation — Value Standard Local Currency, 2015 646.38 million million SLC (2024)
Frequently asked questions
- What is domestic material consumption per unit of gdp, by type of raw material in Republic of Korea?
- Domestic material consumption per unit of gdp, by type of raw material in Republic of Korea was 0.4859 in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest domestic material consumption per unit of gdp, by type of raw material recorded in Republic of Korea?
- The highest recorded value was 0.8472 in 2000.
- What is the lowest domestic material consumption per unit of gdp, by type of raw material recorded in Republic of Korea?
- The lowest recorded value was 0.4801 in 2022.
- How does Republic of Korea rank for domestic material consumption per unit of gdp, by type of raw material?
- Republic of Korea ranks 171st out of 224 countries with data for 2024.
- Is domestic material consumption per unit of gdp, by type of raw material rising or falling in Republic of Korea?
- Over the last ten years it is down 9.4%. The long-run trend across the full record is falling.
- Where does this Republic of Korea data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Domestic material consumption per unit of GDP, by type of raw material (kilograms per constant 2020 United States dollars). Statizoid updates them automatically from the source API.
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