Gross value added at basic prices (GVA) (constant LCU), per square in Republic of Korea
Republic of Korea: Gross value added at basic prices (GVA) (constant LCU), per square was 21.33 billion constant LCU per square kilometre in 2023. ◆ Volatile
Latest (2023)
21.33 billion constant LCU per square kilometre
Change on year
up 2.0%
World rank
2nd
of 195 countries
All-time high
21.33 billion constant LCU per square kilometre
in 2023
All-time low
330.91 million constant LCU per square kilometre
in 1961
Years of data
63
1961–2023
Gross value added at basic prices (GVA) (constant LCU), per square in Republic of Korea, 1961–2023
Source: Statizoid (derived). Measured in constant LCU per square kilometre.
Analysis
Republic of Korea recorded 21.33 billion constant LCU per square kilometre for gross value added at basic prices (gva) (constant lcu), per square in 2023. That is the highest value across all 63 years on record.
Compared with earlier readings it is 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 lcu), per square in Republic of Korea peaked at 21.33 billion constant LCU per square kilometre in 2023 and was at its lowest, 330.91 million constant LCU per square kilometre, in 1961.
Republic of Korea ranks 2nd of 195 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 LCU), per square in Republic of Korea, year by year
| Year | constant LCU per square kilometre | Change |
|---|---|---|
| 1961 | 330.91 million constant LCU per square kilometre | — |
| 1962 | 342.78 million constant LCU per square kilometre | +3.6% |
| 1963 | 373.45 million constant LCU per square kilometre | +8.9% |
| 1964 | 409.45 million constant LCU per square kilometre | +9.6% |
| 1965 | 438.20 million constant LCU per square kilometre | +7.0% |
| 1966 | 490.31 million constant LCU per square kilometre | +11.9% |
| 1967 | 532.61 million constant LCU per square kilometre | +8.6% |
| 1968 | 599.92 million constant LCU per square kilometre | +12.6% |
| 1969 | 686.15 million constant LCU per square kilometre | +14.4% |
| 1970 | 751.80 million constant LCU per square kilometre | +9.6% |
| 1971 | 830.81 million constant LCU per square kilometre | +10.5% |
| 1972 | 893.06 million constant LCU per square kilometre | +7.5% |
| 1973 | 1.02 billion constant LCU per square kilometre | +14.5% |
| 1974 | 1.12 billion constant LCU per square kilometre | +9.4% |
| 1975 | 1.21 billion constant LCU per square kilometre | +8.3% |
| 1976 | 1.36 billion constant LCU per square kilometre | +12.1% |
| 1977 | 1.50 billion constant LCU per square kilometre | +10.8% |
| 1978 | 1.66 billion constant LCU per square kilometre | +10.2% |
| 1979 | 1.81 billion constant LCU per square kilometre | +8.9% |
| 1980 | 1.79 billion constant LCU per square kilometre | -1.1% |
| 1981 | 1.92 billion constant LCU per square kilometre | +7.7% |
| 1982 | 2.08 billion constant LCU per square kilometre | +8.3% |
| 1983 | 2.35 billion constant LCU per square kilometre | +12.9% |
| 1984 | 2.60 billion constant LCU per square kilometre | +10.5% |
| 1985 | 2.81 billion constant LCU per square kilometre | +8.1% |
| 1986 | 3.13 billion constant LCU per square kilometre | +11.5% |
| 1987 | 3.52 billion constant LCU per square kilometre | +12.4% |
| 1988 | 3.95 billion constant LCU per square kilometre | +12.2% |
| 1989 | 4.23 billion constant LCU per square kilometre | +7.1% |
| 1990 | 4.64 billion constant LCU per square kilometre | +9.7% |
| 1991 | 5.15 billion constant LCU per square kilometre | +11.1% |
| 1992 | 5.50 billion constant LCU per square kilometre | +6.6% |
| 1993 | 5.90 billion constant LCU per square kilometre | +7.3% |
| 1994 | 6.44 billion constant LCU per square kilometre | +9.2% |
| 1995 | 7.06 billion constant LCU per square kilometre | +9.7% |
| 1996 | 7.62 billion constant LCU per square kilometre | +7.9% |
| 1997 | 8.11 billion constant LCU per square kilometre | +6.4% |
| 1998 | 7.74 billion constant LCU per square kilometre | -4.5% |
| 1999 | 8.61 billion constant LCU per square kilometre | +11.2% |
| 2000 | 9.39 billion constant LCU per square kilometre | +9.1% |
| 2001 | 9.80 billion constant LCU per square kilometre | +4.3% |
| 2002 | 10.58 billion constant LCU per square kilometre | +7.9% |
| 2003 | 10.91 billion constant LCU per square kilometre | +3.2% |
| 2004 | 11.48 billion constant LCU per square kilometre | +5.2% |
| 2005 | 11.98 billion constant LCU per square kilometre | +4.3% |
| 2006 | 12.61 billion constant LCU per square kilometre | +5.3% |
| 2007 | 13.39 billion constant LCU per square kilometre | +6.1% |
| 2008 | 13.83 billion constant LCU per square kilometre | +3.3% |
| 2009 | 13.94 billion constant LCU per square kilometre | +0.8% |
| 2010 | 14.88 billion constant LCU per square kilometre | +6.8% |
| 2011 | 15.43 billion constant LCU per square kilometre | +3.7% |
| 2012 | 15.81 billion constant LCU per square kilometre | +2.5% |
| 2013 | 16.34 billion constant LCU per square kilometre | +3.4% |
| 2014 | 16.85 billion constant LCU per square kilometre | +3.1% |
| 2015 | 17.33 billion constant LCU per square kilometre | +2.8% |
| 2016 | 17.85 billion constant LCU per square kilometre | +3.0% |
| 2017 | 18.47 billion constant LCU per square kilometre | +3.5% |
| 2018 | 19.09 billion constant LCU per square kilometre | +3.3% |
| 2019 | 19.54 billion constant LCU per square kilometre | +2.4% |
| 2020 | 19.37 billion constant LCU per square kilometre | -0.9% |
| 2021 | 20.26 billion constant LCU per square kilometre | +4.6% |
| 2022 | 20.90 billion constant LCU per square kilometre | +3.2% |
| 2023 | 21.33 billion constant LCU per square kilometre | +2.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 467.09 million constant LCU per square kilometre | 330.91 million constant LCU per square kilometre | 686.15 million constant LCU per square kilometre | 9 |
| 1970s | 1.21 billion constant LCU per square kilometre | 751.80 million constant LCU per square kilometre | 1.81 billion constant LCU per square kilometre | 10 |
| 1980s | 2.84 billion constant LCU per square kilometre | 1.79 billion constant LCU per square kilometre | 4.23 billion constant LCU per square kilometre | 10 |
| 1990s | 6.68 billion constant LCU per square kilometre | 4.64 billion constant LCU per square kilometre | 8.61 billion constant LCU per square kilometre | 10 |
| 2000s | 11.79 billion constant LCU per square kilometre | 9.39 billion constant LCU per square kilometre | 13.94 billion constant LCU per square kilometre | 10 |
| 2010s | 17.16 billion constant LCU per square kilometre | 14.88 billion constant LCU per square kilometre | 19.54 billion constant LCU per square kilometre | 10 |
| 2020s | 20.47 billion constant LCU per square kilometre | 19.37 billion constant LCU per square kilometre | 21.33 billion constant LCU per square kilometre | 4 |
Countries ranked near Republic of Korea
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 lcu), per square in Republic of Korea?
- Gross value added at basic prices (gva) (constant lcu), per square in Republic of Korea was 21.33 billion constant LCU per square kilometre in 2023, according to Statizoid (derived).
- What is the highest gross value added at basic prices (gva) (constant lcu), per square recorded in Republic of Korea?
- The highest recorded value was 21.33 billion constant LCU per square kilometre in 2023.
- What is the lowest gross value added at basic prices (gva) (constant lcu), per square recorded in Republic of Korea?
- The lowest recorded value was 330.91 million constant LCU per square kilometre in 1961.
- How does Republic of Korea rank for gross value added at basic prices (gva) (constant lcu), per square?
- Republic of Korea ranks 2nd out of 195 countries with data for 2023.
- Is gross value added at basic prices (gva) (constant lcu), per square 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 LCU), per square kilometre. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 63 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Gross value added at basic prices (GVA) (constant LCU) 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 LCU) ÷ Land area (sq. km)
Computed from
- Gross value added at basic prices (GVA) Country official statistics, National Statistical Offices (NSOs)
- 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 LCU) 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.