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

Latest (2023)
17.91 million constant 2015 US$ per square kilometre
Change on year
up 2.0%
World rank
14th
of 192 countries
All-time high
17.91 million constant 2015 US$ per square kilometre
in 2023
All-time low
277,909 constant 2015 US$ per square kilometre
in 1961
Years of data
63
1961–2023

Gross value added at basic prices (GVA) (constant 2015 US$), per in Republic of Korea, 1961–2023

05.0M10.0M15.0M20.0M196119922023

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

Annual values for Gross value added at basic prices (GVA) (constant 2015 US$), per square kilometre in Republic of Korea, 1961 to 2023.
Year constant 2015 US$ 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

DecadeAverage LowestHighest 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

  1. 11 Cayman Islands 23.90 million constant 2015 US$ per square kilometre compare
  2. 12 Switzerland 20.35 million constant 2015 US$ per square kilometre compare
  3. 13 Maldives 18.29 million constant 2015 US$ per square kilometre compare
  4. 15 Israel 17.12 million constant 2015 US$ per square kilometre compare
  5. 16 Aruba 15.89 million constant 2015 US$ per square kilometre compare
  6. 17 Belgium 15.59 million constant 2015 US$ per square kilometre compare

See the full ranking of 226 places →

More economy & growth data for Republic of Korea

All data for Republic of Korea →

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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Gross value added at basic prices (GVA) (constant 2015 US$), per in Republic of Korea. Statizoid, drawing on Statizoid (derived). Retrieved 30 August 2026, from https://economy.statizoid.com/stat/gross-value-added-at-basic-prices-gva-constant-2015-us-per-square-kilometre/korea-rep/

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<a href="https://economy.statizoid.com/stat/gross-value-added-at-basic-prices-gva-constant-2015-us-per-square-kilometre/korea-rep/">Gross value added at basic prices (GVA) (constant 2015 US$), per in Republic of Korea</a> — Statizoid

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

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

Indicator
Gross value added at basic prices (GVA) (constant 2015 US$), per square kilometre
Unit
constant 2015 US$ per square kilometre
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
226 places, 9,168 data points, 1961–2023
Last refreshed

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.