Gdp vs services gdp in South Korea
South Korea: Gdp vs services gdp was 53.7 in 2011. ▲ Rising
Latest (2011)
53.7
Change on year
down 1.1%
World rank
31st
of 43 countries
All-time high
56.2
in 2009
All-time low
24.1
in 1918
Years of data
89
1911–2011
Gdp vs services gdp in South Korea, 1911–2011
Source: Our World in Data.
Analysis
The most recent figure for gdp vs services gdp in South Korea is 53.7, measured in 2011.
The figure is down 1.1% on the previous year and down 3.9% over ten years.
Over the whole period, gdp vs services gdp in South Korea peaked at 56.2 in 2009 and was at its lowest, 24.1, in 1918.
South Korea ranks 31st of 43 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 89 years of available data.
Gdp vs services gdp in South Korea, year by year
| Year | Value | Change |
|---|---|---|
| 1911 | 25.5 | — |
| 1912 | 25.1 | -1.6% |
| 1913 | 24.3 | -3.2% |
| 1914 | 25.9 | +6.6% |
| 1915 | 28.4 | +9.7% |
| 1916 | 27.3 | -3.9% |
| 1917 | 25.8 | -5.5% |
| 1918 | 24.1 | -6.6% |
| 1919 | 27.6 | +14.5% |
| 1920 | 26.9 | -2.5% |
| 1921 | 31.2 | +16.0% |
| 1922 | 29.9 | -4.2% |
| 1923 | 30.5 | +2.0% |
| 1924 | 29.8 | -2.3% |
| 1925 | 29.3 | -1.7% |
| 1926 | 30.6 | +4.4% |
| 1927 | 31.2 | +2.0% |
| 1928 | 34 | +9.0% |
| 1929 | 35.1 | +3.2% |
| 1930 | 37.3 | +6.3% |
| 1931 | 36.1 | -3.2% |
| 1932 | 34.3 | -5.0% |
| 1933 | 34 | -0.9% |
| 1934 | 33.8 | -0.6% |
| 1935 | 32.5 | -3.8% |
| 1936 | 33.7 | +3.7% |
| 1937 | 30.8 | -8.6% |
| 1938 | 31.9 | +3.6% |
| 1939 | 33 | +3.4% |
| 1940 | 31.6 | -4.2% |
| 1953 | 40.8 | +29.1% |
| 1954 | 44.8 | +9.8% |
| 1955 | 39.1 | -12.7% |
| 1956 | 37 | -5.4% |
| 1957 | 39.3 | +6.2% |
| 1958 | 42.2 | +7.4% |
| 1959 | 47 | +11.4% |
| 1960 | 45.4 | -3.4% |
| 1961 | 42.4 | -6.6% |
| 1962 | 44.1 | +4.0% |
| 1963 | 40.1 | -9.1% |
| 1964 | 34.6 | -13.7% |
| 1965 | 39 | +12.7% |
| 1966 | 42.1 | +7.9% |
| 1967 | 45.7 | +8.6% |
| 1968 | 47.3 | +3.5% |
| 1969 | 45.9 | -3.0% |
| 1970 | 45.7 | -0.4% |
| 1971 | 46.2 | +1.1% |
| 1972 | 46.1 | -0.2% |
| 1973 | 44.8 | -2.8% |
| 1974 | 43.9 | -2.0% |
| 1975 | 43.1 | -1.8% |
| 1976 | 43.2 | +0.2% |
| 1977 | 43.1 | -0.2% |
| 1978 | 42.4 | -1.6% |
| 1979 | 42.3 | -0.2% |
| 1980 | 46.2 | +9.2% |
| 1981 | 46.3 | +0.2% |
| 1982 | 47.4 | +2.4% |
| 1983 | 47.3 | -0.2% |
| 1984 | 47.7 | +0.8% |
| 1985 | 48.6 | +1.9% |
| 1986 | 49.1 | +1.0% |
| 1987 | 49.3 | +0.4% |
| 1988 | 48.4 | -1.8% |
| 1989 | 49.5 | +2.3% |
| 1990 | 49.3 | -0.4% |
| 1991 | 48.8 | -1.0% |
| 1992 | 50 | +2.5% |
| 1993 | 50.3 | +0.6% |
| 1994 | 50.6 | +0.6% |
| 1995 | 50.4 | -0.4% |
| 1996 | 51.3 | +1.8% |
| 1997 | 52.2 | +1.8% |
| 1998 | 53.4 | +2.3% |
| 1999 | 53.6 | +0.4% |
| 2000 | 54.2 | +1.1% |
| 2001 | 55.9 | +3.1% |
| 2002 | 56.1 | +0.4% |
| 2003 | 56 | -0.2% |
| 2004 | 54.3 | -3.0% |
| 2005 | 54.9 | +1.1% |
| 2006 | 55.7 | +1.5% |
| 2007 | 55.8 | +0.2% |
| 2008 | 55.6 | -0.4% |
| 2009 | 56.2 | +1.1% |
| 2010 | 54.3 | -3.4% |
| 2011 | 53.7 | -1.1% |
South Korea compared with similar countries
- South Korea's 53.7 is below the median for high income countries, which is 71.8, 75% of the median. (16 countries reporting)
- South Korea's 53.7 is above the median for East Asia & Pacific, which is 53.7, 1.0× the median. (9 countries reporting)
Biggest year-on-year movements
Years where Gdp vs services gdp in South Korea changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1953 | +29.1% | 31.6 | 40.8 |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1910s | 26 | 24.1 | 28.4 | 9 |
| 1920s | 30.85 | 26.9 | 35.1 | 10 |
| 1930s | 33.74 | 30.8 | 37.3 | 10 |
| 1940s | 31.6 | 31.6 | 31.6 | 1 |
| 1950s | 41.46 | 37 | 47 | 7 |
| 1960s | 42.66 | 34.6 | 47.3 | 10 |
| 1970s | 44.08 | 42.3 | 46.2 | 10 |
| 1980s | 47.98 | 46.2 | 49.5 | 10 |
| 1990s | 50.99 | 48.8 | 53.6 | 10 |
| 2000s | 55.47 | 54.2 | 56.2 | 10 |
| 2010s | 54 | 53.7 | 54.3 | 2 |
Countries ranked near South Korea
More economy & growth data for South Korea
- Real gdp growth, annual growth rate -49.75 % change on previous year (2025)
- SDRs holdings, US dollar, annual growth rate 7.89 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0085 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 307.17 units per person (2025)
- SDRs holdings, SDR, annual growth rate 2.74 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0062 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 224.29 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 4.58 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0047 units per US$ of GDP (2025)
- IMF holdings of currency, US dollar, per capita 168.75 units per person (2025)
Frequently asked questions
- What is gdp vs services gdp in South Korea?
- Gdp vs services gdp in South Korea was 53.7 in 2011, according to Our World in Data.
- What is the highest gdp vs services gdp recorded in South Korea?
- The highest recorded value was 56.2 in 2009.
- What is the lowest gdp vs services gdp recorded in South Korea?
- The lowest recorded value was 24.1 in 1918.
- How does South Korea rank for gdp vs services gdp?
- South Korea ranks 31st out of 43 countries with data for 2011.
- Is gdp vs services gdp rising or falling in South Korea?
- Over the last ten years it is down 3.9%. The long-run trend across the full record is rising.
- Where does this South Korea data come from?
- The figures come from Our World in Data, published as part of Gdp vs services gdp. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 89 observations, free to reuse under CC BY 4.0 (Our World in Data).