Gross value added at basic prices (GVA) (constant 2015 US$), per in Republic of Korea
Republic of Korea: Gross value added at basic prices (GVA) (constant 2015 US$), per was 17.91 million constant 2015 US$ per square kilometre in 2023. ◆ Volatile
Gross value added at basic prices (GVA) (constant 2015 US$), per in Republic of Korea, 1961–2023
Source: Statizoid (derived). Measured in constant 2015 US$ per square kilometre.
Analysis
In 2023, gross value added at basic prices (gva) (constant 2015 us$), per in Republic of Korea stood at 17.91 million constant 2015 US$ per square kilometre. That is the highest value across all 63 years on record.
That represents a change of up 2.0% on the previous year and up 30.5% over ten years.
Over the whole period, gross value added at basic prices (gva) (constant 2015 us$), per in Republic of Korea peaked at 17.91 million constant 2015 US$ per square kilometre in 2023 and was at its lowest, 277,909 constant 2015 US$ per square kilometre, in 1961.
That places Republic of Korea 14th out of 192 countries with data for 2023, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Gross value added at basic prices (GVA) (constant 2015 US$), per in Republic of Korea, year by year
| Year | constant 2015 US$ per square kilometre | Change |
|---|---|---|
| 1961 | 277,909 constant 2015 US$ per square kilometre | — |
| 1962 | 287,877 constant 2015 US$ per square kilometre | +3.6% |
| 1963 | 313,639 constant 2015 US$ per square kilometre | +8.9% |
| 1964 | 343,869 constant 2015 US$ per square kilometre | +9.6% |
| 1965 | 368,018 constant 2015 US$ per square kilometre | +7.0% |
| 1966 | 411,783 constant 2015 US$ per square kilometre | +11.9% |
| 1967 | 447,306 constant 2015 US$ per square kilometre | +8.6% |
| 1968 | 503,839 constant 2015 US$ per square kilometre | +12.6% |
| 1969 | 576,256 constant 2015 US$ per square kilometre | +14.4% |
| 1970 | 631,388 constant 2015 US$ per square kilometre | +9.6% |
| 1971 | 697,745 constant 2015 US$ per square kilometre | +10.5% |
| 1972 | 750,025 constant 2015 US$ per square kilometre | +7.5% |
| 1973 | 858,623 constant 2015 US$ per square kilometre | +14.5% |
| 1974 | 939,000 constant 2015 US$ per square kilometre | +9.4% |
| 1975 | 1.02 million constant 2015 US$ per square kilometre | +8.3% |
| 1976 | 1.14 million constant 2015 US$ per square kilometre | +12.1% |
| 1977 | 1.26 million constant 2015 US$ per square kilometre | +10.8% |
| 1978 | 1.39 million constant 2015 US$ per square kilometre | +10.2% |
| 1979 | 1.52 million constant 2015 US$ per square kilometre | +8.9% |
| 1980 | 1.50 million constant 2015 US$ per square kilometre | -1.1% |
| 1981 | 1.61 million constant 2015 US$ per square kilometre | +7.7% |
| 1982 | 1.75 million constant 2015 US$ per square kilometre | +8.3% |
| 1983 | 1.97 million constant 2015 US$ per square kilometre | +12.9% |
| 1984 | 2.18 million constant 2015 US$ per square kilometre | +10.5% |
| 1985 | 2.36 million constant 2015 US$ per square kilometre | +8.1% |
| 1986 | 2.63 million constant 2015 US$ per square kilometre | +11.5% |
| 1987 | 2.96 million constant 2015 US$ per square kilometre | +12.4% |
| 1988 | 3.32 million constant 2015 US$ per square kilometre | +12.2% |
| 1989 | 3.55 million constant 2015 US$ per square kilometre | +7.1% |
| 1990 | 3.90 million constant 2015 US$ per square kilometre | +9.7% |
| 1991 | 4.33 million constant 2015 US$ per square kilometre | +11.1% |
| 1992 | 4.62 million constant 2015 US$ per square kilometre | +6.6% |
| 1993 | 4.95 million constant 2015 US$ per square kilometre | +7.3% |
| 1994 | 5.41 million constant 2015 US$ per square kilometre | +9.2% |
| 1995 | 5.93 million constant 2015 US$ per square kilometre | +9.7% |
| 1996 | 6.40 million constant 2015 US$ per square kilometre | +7.9% |
| 1997 | 6.81 million constant 2015 US$ per square kilometre | +6.4% |
| 1998 | 6.50 million constant 2015 US$ per square kilometre | -4.5% |
| 1999 | 7.23 million constant 2015 US$ per square kilometre | +11.2% |
| 2000 | 7.89 million constant 2015 US$ per square kilometre | +9.1% |
| 2001 | 8.23 million constant 2015 US$ per square kilometre | +4.3% |
| 2002 | 8.88 million constant 2015 US$ per square kilometre | +7.9% |
| 2003 | 9.16 million constant 2015 US$ per square kilometre | +3.2% |
| 2004 | 9.64 million constant 2015 US$ per square kilometre | +5.2% |
| 2005 | 10.06 million constant 2015 US$ per square kilometre | +4.3% |
| 2006 | 10.59 million constant 2015 US$ per square kilometre | +5.3% |
| 2007 | 11.24 million constant 2015 US$ per square kilometre | +6.1% |
| 2008 | 11.61 million constant 2015 US$ per square kilometre | +3.3% |
| 2009 | 11.71 million constant 2015 US$ per square kilometre | +0.8% |
| 2010 | 12.50 million constant 2015 US$ per square kilometre | +6.8% |
| 2011 | 12.96 million constant 2015 US$ per square kilometre | +3.7% |
| 2012 | 13.28 million constant 2015 US$ per square kilometre | +2.5% |
| 2013 | 13.72 million constant 2015 US$ per square kilometre | +3.4% |
| 2014 | 14.15 million constant 2015 US$ per square kilometre | +3.1% |
| 2015 | 14.55 million constant 2015 US$ per square kilometre | +2.8% |
| 2016 | 14.99 million constant 2015 US$ per square kilometre | +3.0% |
| 2017 | 15.51 million constant 2015 US$ per square kilometre | +3.5% |
| 2018 | 16.03 million constant 2015 US$ per square kilometre | +3.3% |
| 2019 | 16.41 million constant 2015 US$ per square kilometre | +2.4% |
| 2020 | 16.27 million constant 2015 US$ per square kilometre | -0.9% |
| 2021 | 17.01 million constant 2015 US$ per square kilometre | +4.6% |
| 2022 | 17.56 million constant 2015 US$ per square kilometre | +3.2% |
| 2023 | 17.91 million constant 2015 US$ per square kilometre | +2.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 392,277 constant 2015 US$ per square kilometre | 277,909 constant 2015 US$ per square kilometre | 576,256 constant 2015 US$ per square kilometre | 9 |
| 1970s | 1.02 million constant 2015 US$ per square kilometre | 631,388 constant 2015 US$ per square kilometre | 1.52 million constant 2015 US$ per square kilometre | 10 |
| 1980s | 2.38 million constant 2015 US$ per square kilometre | 1.50 million constant 2015 US$ per square kilometre | 3.55 million constant 2015 US$ per square kilometre | 10 |
| 1990s | 5.61 million constant 2015 US$ per square kilometre | 3.90 million constant 2015 US$ per square kilometre | 7.23 million constant 2015 US$ per square kilometre | 10 |
| 2000s | 9.90 million constant 2015 US$ per square kilometre | 7.89 million constant 2015 US$ per square kilometre | 11.71 million constant 2015 US$ per square kilometre | 10 |
| 2010s | 14.41 million constant 2015 US$ per square kilometre | 12.50 million constant 2015 US$ per square kilometre | 16.41 million constant 2015 US$ per square kilometre | 10 |
| 2020s | 17.19 million constant 2015 US$ per square kilometre | 16.27 million constant 2015 US$ per square kilometre | 17.91 million constant 2015 US$ per square kilometre | 4 |
Countries ranked near Republic of Korea
- 11 Cayman Islands 23.90 million constant 2015 US$ per square kilometre compare
- 12 Switzerland 20.35 million constant 2015 US$ per square kilometre compare
- 13 Maldives 18.29 million constant 2015 US$ per square kilometre compare
- 15 Israel 17.12 million constant 2015 US$ per square kilometre compare
- 16 Aruba 15.89 million constant 2015 US$ per square kilometre compare
- 17 Belgium 15.59 million constant 2015 US$ per square kilometre compare
More economy & growth data for Republic of Korea
- Services, value added (constant LCU), per capita 26.07 million constant LCU per person (2025)
- GDP deflator (base year varies by country), annual growth rate 3.13 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current US$), annual growth 0.0121 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current US$), per unit of GDP 0.9302 current US$ per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current US$), per capita 33,699 current US$ per person (2025)
- Gross value added at basic prices (GVA) (current LCU), annual growth 4.34 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current LCU), per unit of GDP 1,323 current LCU per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current LCU), per capita 47.93 million current LCU per person (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), annual 1.17 % change on previous year (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), per unit 0.9641 constant 2015 US$ per US$ of GDP (2025)
Frequently asked questions
- What is gross value added at basic prices (gva) (constant 2015 us$), per in Republic of Korea?
- Gross value added at basic prices (gva) (constant 2015 us$), per in Republic of Korea was 17.91 million constant 2015 US$ per square kilometre in 2023, according to Statizoid (derived).
- What is the highest gross value added at basic prices (gva) (constant 2015 us$), per recorded in Republic of Korea?
- The highest recorded value was 17.91 million constant 2015 US$ per square kilometre in 2023.
- What is the lowest gross value added at basic prices (gva) (constant 2015 us$), per recorded in Republic of Korea?
- The lowest recorded value was 277,909 constant 2015 US$ per square kilometre in 1961.
- How does Republic of Korea rank for gross value added at basic prices (gva) (constant 2015 us$), per?
- Republic of Korea ranks 14th out of 192 countries with data for 2023.
- Is gross value added at basic prices (gva) (constant 2015 us$), per rising or falling in Republic of Korea?
- Over the last ten years it is up 30.5%. The long-run trend across the full record is volatile.
- Where does this Republic of Korea data come from?
- The figures come from Statizoid (derived), published as part of Gross value added at basic prices (GVA) (constant 2015 US$), per square kilometre. Statizoid updates them automatically from the source API.
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How this figure is calculated
Gross value added at basic prices (GVA) (constant 2015 US$) divided by Land area (sq. km), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross value added at basic prices (GVA) (constant 2015 US$) ÷ Land area (sq. km)
Computed from
- Gross value added at basic prices (GVA) Country official statistics, National Statistical Organizations and/or Central Banks
- Land area FAOSTAT, Food and Agriculture Organization of the United Nations (FAO)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Gross value added at basic prices (GVA) (constant 2015 US$) divided by Land area (sq. km), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.