Gross value added at basic prices (GVA) (constant) … unit GDP 2015 in South Korea
South Korea: Gross value added at basic prices (GVA) (constant) … unit GDP 2015 was 0.9641 constant 2015 US$ per US$ of GDP in 2025. ◆ Volatile
Gross value added at basic prices (GVA) (constant 2015 US$), per unit in South Korea, 1960–2025
Source: Statizoid (derived). Measured in constant 2015 US$ per US$ of GDP.
Analysis
South Korea recorded 0.9641 constant 2015 US$ per US$ of GDP for gross value added at basic prices (gva) (constant 2015 us$), per unit in 2025.
That represents a change of up 1.3% on the previous year and up 4.6% over ten years.
Over the whole period, gross value added at basic prices (gva) (constant 2015 us$), per unit in South Korea peaked at 11.3 constant 2015 US$ per US$ of GDP in 1965 and was at its lowest, 0.8549 constant 2015 US$ per US$ of GDP, in 2021.
South Korea ranks 20th of 193 countries on this measure, 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) … unit GDP 2015 in South Korea, year by year
| Year | constant 2015 US$ per US$ of GDP | Change |
|---|---|---|
| 1960 | 6.28 constant 2015 US$ per US$ of GDP | — |
| 1961 | 11.04 constant 2015 US$ per US$ of GDP | +75.9% |
| 1962 | 9.82 constant 2015 US$ per US$ of GDP | -11.1% |
| 1963 | 7.55 constant 2015 US$ per US$ of GDP | -23.2% |
| 1964 | 9.54 constant 2015 US$ per US$ of GDP | +26.4% |
| 1965 | 11.3 constant 2015 US$ per US$ of GDP | +18.5% |
| 1966 | 10.04 constant 2015 US$ per US$ of GDP | -11.2% |
| 1967 | 8.81 constant 2015 US$ per US$ of GDP | -12.2% |
| 1968 | 7.88 constant 2015 US$ per US$ of GDP | -10.6% |
| 1969 | 7.18 constant 2015 US$ per US$ of GDP | -8.9% |
| 1970 | 6.7 constant 2015 US$ per US$ of GDP | -6.6% |
| 1971 | 6.73 constant 2015 US$ per US$ of GDP | +0.3% |
| 1972 | 6.58 constant 2015 US$ per US$ of GDP | -2.1% |
| 1973 | 5.89 constant 2015 US$ per US$ of GDP | -10.6% |
| 1974 | 4.56 constant 2015 US$ per US$ of GDP | -22.5% |
| 1975 | 4.43 constant 2015 US$ per US$ of GDP | -2.8% |
| 1976 | 3.62 constant 2015 US$ per US$ of GDP | -18.4% |
| 1977 | 3.12 constant 2015 US$ per US$ of GDP | -13.9% |
| 1978 | 2.54 constant 2015 US$ per US$ of GDP | -18.5% |
| 1979 | 2.15 constant 2015 US$ per US$ of GDP | -15.5% |
| 1980 | 2.17 constant 2015 US$ per US$ of GDP | +1.2% |
| 1981 | 2.1 constant 2015 US$ per US$ of GDP | -3.5% |
| 1982 | 2.11 constant 2015 US$ per US$ of GDP | +0.7% |
| 1983 | 2.13 constant 2015 US$ per US$ of GDP | +0.7% |
| 1984 | 2.11 constant 2015 US$ per US$ of GDP | -0.7% |
| 1985 | 2.19 constant 2015 US$ per US$ of GDP | +3.9% |
| 1986 | 2.11 constant 2015 US$ per US$ of GDP | -3.6% |
| 1987 | 1.87 constant 2015 US$ per US$ of GDP | -11.4% |
| 1988 | 1.56 constant 2015 US$ per US$ of GDP | -16.9% |
| 1989 | 1.35 constant 2015 US$ per US$ of GDP | -13.4% |
| 1990 | 1.29 constant 2015 US$ per US$ of GDP | -4.5% |
| 1991 | 1.22 constant 2015 US$ per US$ of GDP | -4.8% |
| 1992 | 1.21 constant 2015 US$ per US$ of GDP | -0.9% |
| 1993 | 1.18 constant 2015 US$ per US$ of GDP | -3.0% |
| 1994 | 1.09 constant 2015 US$ per US$ of GDP | -7.6% |
| 1995 | 0.9758 constant 2015 US$ per US$ of GDP | -10.3% |
| 1996 | 0.9784 constant 2015 US$ per US$ of GDP | +0.3% |
| 1997 | 1.11 constant 2015 US$ per US$ of GDP | +14.0% |
| 1998 | 1.58 constant 2015 US$ per US$ of GDP | +41.6% |
| 1999 | 1.35 constant 2015 US$ per US$ of GDP | -14.3% |
| 2000 | 1.27 constant 2015 US$ per US$ of GDP | -5.8% |
| 2001 | 1.4 constant 2015 US$ per US$ of GDP | +10.2% |
| 2002 | 1.32 constant 2015 US$ per US$ of GDP | -5.7% |
| 2003 | 1.22 constant 2015 US$ per US$ of GDP | -7.9% |
| 2004 | 1.13 constant 2015 US$ per US$ of GDP | -6.9% |
| 2005 | 1 constant 2015 US$ per US$ of GDP | -11.6% |
| 2006 | 0.9371 constant 2015 US$ per US$ of GDP | -6.6% |
| 2007 | 0.8926 constant 2015 US$ per US$ of GDP | -4.7% |
| 2008 | 1.03 constant 2015 US$ per US$ of GDP | +15.6% |
| 2009 | 1.16 constant 2015 US$ per US$ of GDP | +12.0% |
| 2010 | 1.02 constant 2015 US$ per US$ of GDP | -11.9% |
| 2011 | 0.9634 constant 2015 US$ per US$ of GDP | -5.4% |
| 2012 | 0.9675 constant 2015 US$ per US$ of GDP | +0.4% |
| 2013 | 0.9319 constant 2015 US$ per US$ of GDP | -3.7% |
| 2014 | 0.8859 constant 2015 US$ per US$ of GDP | -4.9% |
| 2015 | 0.9212 constant 2015 US$ per US$ of GDP | +4.0% |
| 2016 | 0.9255 constant 2015 US$ per US$ of GDP | +0.5% |
| 2017 | 0.8845 constant 2015 US$ per US$ of GDP | -4.4% |
| 2018 | 0.8569 constant 2015 US$ per US$ of GDP | -3.1% |
| 2019 | 0.9147 constant 2015 US$ per US$ of GDP | +6.7% |
| 2020 | 0.9105 constant 2015 US$ per US$ of GDP | -0.5% |
| 2021 | 0.8549 constant 2015 US$ per US$ of GDP | -6.1% |
| 2022 | 0.9522 constant 2015 US$ per US$ of GDP | +11.4% |
| 2023 | 0.9476 constant 2015 US$ per US$ of GDP | -0.5% |
| 2024 | 0.9514 constant 2015 US$ per US$ of GDP | +0.4% |
| 2025 | 0.9641 constant 2015 US$ per US$ of GDP | +1.3% |
South Korea compared with similar countries
- South Korea's 0.9641 constant 2015 US$ per US$ of GDP is above the median for high income countries, which is 0.7299 constant 2015 US$ per US$ of GDP, 1.3× the median. (69 countries reporting)
- South Korea's 0.9641 constant 2015 US$ per US$ of GDP is above the median for East Asia & Pacific, which is 0.7912 constant 2015 US$ per US$ of GDP, 1.2× the median. (28 countries reporting)
Biggest year-on-year movements
Years where Gross value added at basic prices (GVA) (constant) … unit GDP 2015 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 |
|---|---|---|---|
| 1961 | +75.9% | 6.28 constant 2015 US$ per US$ of GDP | 11.04 constant 2015 US$ per US$ of GDP |
| 1998 | +41.6% | 1.11 constant 2015 US$ per US$ of GDP | 1.58 constant 2015 US$ per US$ of GDP |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 8.94 constant 2015 US$ per US$ of GDP | 6.28 constant 2015 US$ per US$ of GDP | 11.3 constant 2015 US$ per US$ of GDP | 10 |
| 1970s | 4.63 constant 2015 US$ per US$ of GDP | 2.15 constant 2015 US$ per US$ of GDP | 6.73 constant 2015 US$ per US$ of GDP | 10 |
| 1980s | 1.97 constant 2015 US$ per US$ of GDP | 1.35 constant 2015 US$ per US$ of GDP | 2.19 constant 2015 US$ per US$ of GDP | 10 |
| 1990s | 1.2 constant 2015 US$ per US$ of GDP | 0.9758 constant 2015 US$ per US$ of GDP | 1.58 constant 2015 US$ per US$ of GDP | 10 |
| 2000s | 1.14 constant 2015 US$ per US$ of GDP | 0.8926 constant 2015 US$ per US$ of GDP | 1.4 constant 2015 US$ per US$ of GDP | 10 |
| 2010s | 0.927 constant 2015 US$ per US$ of GDP | 0.8569 constant 2015 US$ per US$ of GDP | 1.02 constant 2015 US$ per US$ of GDP | 10 |
| 2020s | 0.9301 constant 2015 US$ per US$ of GDP | 0.8549 constant 2015 US$ per US$ of GDP | 0.9641 constant 2015 US$ per US$ of GDP | 6 |
Countries ranked near South Korea
- 17 Pakistan 0.984 constant 2015 US$ per US$ of GDP compare
- 18 Philippines 0.9749 constant 2015 US$ per US$ of GDP compare
- 19 Ethiopia 0.9742 constant 2015 US$ per US$ of GDP compare
- 21 Suriname 0.9593 constant 2015 US$ per US$ of GDP compare
- 22 Brunei 0.9335 constant 2015 US$ per US$ of GDP compare
- 23 Isle of Man 0.9323 constant 2015 US$ per US$ of GDP compare
More economy & growth data for South Korea
- 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)
- IMF holdings of currency, SDR, annual growth rate -0.4147 % change on previous year (2025)
Frequently asked questions
- What is gross value added at basic prices (gva) (constant 2015 us$), per unit in South Korea?
- Gross value added at basic prices (gva) (constant 2015 us$), per unit in South Korea was 0.9641 constant 2015 US$ per US$ of GDP in 2025, according to Statizoid (derived).
- What is the highest gross value added at basic prices (gva) (constant 2015 us$), per unit recorded in South Korea?
- The highest recorded value was 11.3 constant 2015 US$ per US$ of GDP in 1965.
- What is the lowest gross value added at basic prices (gva) (constant 2015 us$), per unit recorded in South Korea?
- The lowest recorded value was 0.8549 constant 2015 US$ per US$ of GDP in 2021.
- How does South Korea rank for gross value added at basic prices (gva) (constant 2015 us$), per unit?
- South Korea ranks 20th out of 193 countries with data for 2025.
- Is gross value added at basic prices (gva) (constant 2015 us$), per unit rising or falling in South Korea?
- Over the last ten years it is up 4.6%. The long-run trend across the full record is volatile.
- Where does this South Korea data come from?
- The figures come from Statizoid (derived), published as part of Gross value added at basic prices (GVA) (constant 2015 US$), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Gross value added at basic prices (GVA) (constant 2015 US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross value added at basic prices (GVA) (constant 2015 US$) ÷ GDP (current US$)
Computed from
- Gross value added at basic prices (GVA) Country official statistics, National Statistical Organizations and/or Central Banks
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Gross value added at basic prices (GVA) (constant 2015 US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.