Gross value added at basic prices (GVA) (current US$), per square in Republic of Korea
Republic of Korea: Gross value added at basic prices (GVA) (current US$), per square was 17.55 million current US$ per square kilometre in 2023. ◆ Volatile
Latest (2023)
17.55 million current US$ per square kilometre
Change on year
up 3.4%
World rank
20th
of 204 countries
All-time high
18.25 million current US$ per square kilometre
in 2021
All-time low
23,676 current US$ per square kilometre
in 1961
Years of data
63
1961–2023
Gross value added at basic prices (GVA) (current US$), per square in Republic of Korea, 1961–2023
Source: Statizoid (derived). Measured in current US$ per square kilometre.
Analysis
In 2023, gross value added at basic prices (gva) (current us$), per square in Republic of Korea stood at 17.55 million current US$ per square kilometre.
That represents a change of up 3.4% on the previous year and up 29.4% over ten years.
Over the whole period, gross value added at basic prices (gva) (current us$), per square in Republic of Korea peaked at 18.25 million current US$ per square kilometre in 2021 and was at its lowest, 23,676 current US$ per square kilometre, in 1961.
That places Republic of Korea 20th out of 204 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) (current US$), per square in Republic of Korea, year by year
| Year | current US$ per square kilometre | Change |
|---|---|---|
| 1961 | 23,676 current US$ per square kilometre | — |
| 1962 | 27,225 current US$ per square kilometre | +15.0% |
| 1963 | 39,243 current US$ per square kilometre | +44.1% |
| 1964 | 34,507 current US$ per square kilometre | -12.1% |
| 1965 | 30,817 current US$ per square kilometre | -10.7% |
| 1966 | 38,398 current US$ per square kilometre | +24.6% |
| 1967 | 47,091 current US$ per square kilometre | +22.6% |
| 1968 | 58,527 current US$ per square kilometre | +24.3% |
| 1969 | 73,360 current US$ per square kilometre | +25.3% |
| 1970 | 85,986 current US$ per square kilometre | +17.2% |
| 1971 | 95,079 current US$ per square kilometre | +10.6% |
| 1972 | 105,730 current US$ per square kilometre | +11.2% |
| 1973 | 135,248 current US$ per square kilometre | +27.9% |
| 1974 | 188,961 current US$ per square kilometre | +39.7% |
| 1975 | 208,497 current US$ per square kilometre | +10.3% |
| 1976 | 283,463 current US$ per square kilometre | +36.0% |
| 1977 | 363,487 current US$ per square kilometre | +28.2% |
| 1978 | 489,314 current US$ per square kilometre | +34.6% |
| 1979 | 631,525 current US$ per square kilometre | +29.1% |
| 1980 | 616,618 current US$ per square kilometre | -2.4% |
| 1981 | 689,493 current US$ per square kilometre | +11.8% |
| 1982 | 741,746 current US$ per square kilometre | +7.6% |
| 1983 | 825,752 current US$ per square kilometre | +11.3% |
| 1984 | 927,362 current US$ per square kilometre | +12.3% |
| 1985 | 969,779 current US$ per square kilometre | +4.6% |
| 1986 | 1.12 million current US$ per square kilometre | +15.9% |
| 1987 | 1.43 million current US$ per square kilometre | +27.2% |
| 1988 | 1.94 million current US$ per square kilometre | +35.4% |
| 1989 | 2.41 million current US$ per square kilometre | +24.3% |
| 1990 | 2.75 million current US$ per square kilometre | +14.1% |
| 1991 | 3.23 million current US$ per square kilometre | +17.6% |
| 1992 | 3.47 million current US$ per square kilometre | +7.5% |
| 1993 | 3.85 million current US$ per square kilometre | +10.9% |
| 1994 | 4.54 million current US$ per square kilometre | +17.9% |
| 1995 | 5.55 million current US$ per square kilometre | +22.4% |
| 1996 | 5.95 million current US$ per square kilometre | +7.2% |
| 1997 | 5.55 million current US$ per square kilometre | -6.7% |
| 1998 | 3.79 million current US$ per square kilometre | -31.8% |
| 1999 | 4.86 million current US$ per square kilometre | +28.2% |
| 2000 | 5.61 million current US$ per square kilometre | +15.5% |
| 2001 | 5.29 million current US$ per square kilometre | -5.7% |
| 2002 | 6.04 million current US$ per square kilometre | +14.2% |
| 2003 | 6.80 million current US$ per square kilometre | +12.5% |
| 2004 | 7.75 million current US$ per square kilometre | +14.0% |
| 2005 | 9.13 million current US$ per square kilometre | +17.8% |
| 2006 | 10.29 million current US$ per square kilometre | +12.7% |
| 2007 | 11.49 million current US$ per square kilometre | +11.6% |
| 2008 | 10.27 million current US$ per square kilometre | -10.6% |
| 2009 | 9.27 million current US$ per square kilometre | -9.7% |
| 2010 | 11.21 million current US$ per square kilometre | +20.9% |
| 2011 | 12.33 million current US$ per square kilometre | +10.0% |
| 2012 | 12.59 million current US$ per square kilometre | +2.1% |
| 2013 | 13.57 million current US$ per square kilometre | +7.7% |
| 2014 | 14.72 million current US$ per square kilometre | +8.5% |
| 2015 | 14.55 million current US$ per square kilometre | -1.2% |
| 2016 | 14.89 million current US$ per square kilometre | +2.3% |
| 2017 | 16.12 million current US$ per square kilometre | +8.2% |
| 2018 | 17.20 million current US$ per square kilometre | +6.7% |
| 2019 | 16.52 million current US$ per square kilometre | -4.0% |
| 2020 | 16.41 million current US$ per square kilometre | -0.7% |
| 2021 | 18.25 million current US$ per square kilometre | +11.2% |
| 2022 | 16.97 million current US$ per square kilometre | -7.0% |
| 2023 | 17.55 million current US$ per square kilometre | +3.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 41,427 current US$ per square kilometre | 23,676 current US$ per square kilometre | 73,360 current US$ per square kilometre | 9 |
| 1970s | 258,729 current US$ per square kilometre | 85,986 current US$ per square kilometre | 631,525 current US$ per square kilometre | 10 |
| 1980s | 1.17 million current US$ per square kilometre | 616,618 current US$ per square kilometre | 2.41 million current US$ per square kilometre | 10 |
| 1990s | 4.35 million current US$ per square kilometre | 2.75 million current US$ per square kilometre | 5.95 million current US$ per square kilometre | 10 |
| 2000s | 8.19 million current US$ per square kilometre | 5.29 million current US$ per square kilometre | 11.49 million current US$ per square kilometre | 10 |
| 2010s | 14.37 million current US$ per square kilometre | 11.21 million current US$ per square kilometre | 17.20 million current US$ per square kilometre | 10 |
| 2020s | 17.30 million current US$ per square kilometre | 16.41 million current US$ per square kilometre | 18.25 million current US$ per square kilometre | 4 |
Countries ranked near Republic of Korea
- 17 Maldives 18.99 million current US$ per square kilometre compare
- 18 Qatar 18.45 million current US$ per square kilometre compare
- 19 Aruba 18.14 million current US$ per square kilometre compare
- 21 Barbados 15.02 million current US$ per square kilometre compare
- 22 Puerto Rico 13.31 million current US$ per square kilometre compare
- 23 Isle of Man 13.25 million current 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) (current us$), per square in Republic of Korea?
- Gross value added at basic prices (gva) (current us$), per square in Republic of Korea was 17.55 million current US$ per square kilometre in 2023, according to Statizoid (derived).
- What is the highest gross value added at basic prices (gva) (current us$), per square recorded in Republic of Korea?
- The highest recorded value was 18.25 million current US$ per square kilometre in 2021.
- What is the lowest gross value added at basic prices (gva) (current us$), per square recorded in Republic of Korea?
- The lowest recorded value was 23,676 current US$ per square kilometre in 1961.
- How does Republic of Korea rank for gross value added at basic prices (gva) (current us$), per square?
- Republic of Korea ranks 20th out of 204 countries with data for 2023.
- Is gross value added at basic prices (gva) (current us$), per square rising or falling in Republic of Korea?
- Over the last ten years it is up 29.4%. 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) (current US$), per square kilometre. Statizoid updates them automatically from the source API.
Download this data
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How this figure is calculated
Gross value added at basic prices (GVA) (current US$) 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) (current US$) ÷ Land area (sq. km)
Computed from
- Gross value added at basic prices (GVA) Country official statistics, National Statistical Offices (NSOs)
- Land area FAOSTAT, Food and Agriculture Organization of the United Nations (FAO)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Gross value added at basic prices (GVA) (current US$) 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.