Share of services as a share of GDP vs. GDP per capita in South Korea
South Korea: Share of services as a share of GDP vs. GDP per capita was 53.7% in 2011. ▲ Rising
Share of services as a share of GDP vs. GDP per capita in South Korea, 1911–2011
Source: Herrendorf et al. and Groningen Growth and Development Centre (2015) – processed by Our World in Data. Measured in % GDP.
Analysis
The most recent figure for share of services as a share of gdp vs. gdp per capita 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, share of services as a share of gdp vs. gdp per capita 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.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1910s | 26.0% | 24.1% | 28.4% | 9 |
| 1920s | 30.9% | 26.9% | 35.1% | 10 |
| 1930s | 33.7% | 30.8% | 37.3% | 10 |
| 1940s | 31.6% | 31.6% | 31.6% | 1 |
| 1950s | 41.5% | 37.0% | 47.0% | 7 |
| 1960s | 42.7% | 34.6% | 47.3% | 10 |
| 1970s | 44.1% | 42.3% | 46.2% | 10 |
| 1980s | 48.0% | 46.2% | 49.5% | 10 |
| 1990s | 51.0% | 48.8% | 53.6% | 10 |
| 2000s | 55.5% | 54.2% | 56.2% | 10 |
| 2010s | 54.0% | 53.7% | 54.3% | 2 |
Countries ranked near South Korea
More economy & growth data for South Korea
- External balance on goods and services as a percent of GDP 5.2% (2025)
- Inflation of consumer prices 2.1% (2025)
- GDP per capita 37,470 constant 2015 US$ (2025)
- Share of manufacturing in gross domestic product (GDP) 27.4% (2025)
- Gross domestic product (GDP) 1.94 trillion constant 2015 US$ (2025)
- GDP per capita in international and market dollars 37,470 constant 2015 US$ (2025)
- DEC alternative conversion factor 1,422 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) -6.93 trillion current LCU (2025)
- Net secondary income (Net current transfers from abroad) -4.87 billion current US$ (2025)
- Taxes less subsidies on products 185.85 trillion current LCU (2025)
Frequently asked questions
- What is share of services as a share of gdp vs. gdp per capita in South Korea?
- Share of services as a share of gdp vs. gdp per capita in South Korea was 53.7% in 2011, according to Herrendorf et al. and Groningen Growth and Development Centre (2015) – processed by Our World in Data.
- What is the highest share of services as a share of gdp vs. gdp per capita recorded in South Korea?
- The highest recorded value was 56.2% in 2009.
- What is the lowest share of services as a share of gdp vs. gdp per capita recorded in South Korea?
- The lowest recorded value was 24.1% in 1918.
- How does South Korea rank for share of services as a share of gdp vs. gdp per capita?
- South Korea ranks 31st out of 43 countries with data for 2011.
- Is share of services as a share of gdp vs. gdp per capita 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 Herrendorf et al. and Groningen Growth and Development Centre (2015) – processed by Our World in Data, published as part of Share of services as a share of GDP vs. GDP per capita. 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).
About this data
The vertical axis shows historical estimates of the value of services divided by gross domestic product, expressed as a percentage. The horizontal axis shows GDP per capita, adjusted for inflation and differences in living costs between countries.