Industry (including construction), value added in Korea
Korea: Industry (including construction), value added was 0.2% in 2025. ◆ Volatile
Industry (including construction), value added in Korea, 1961–2025
Source: Country official statistics, National Statistical Offices (NSOs). Measured in annual % growth.
Analysis
In 2025, industry (including construction), value added in Korea stood at 0.2%.
That represents a change of down 93.5% on the previous year and down 92.7% over ten years.
Over the whole period, industry (including construction), value added in Korea peaked at 28.1% in 1973 and was at its lowest, -7.9%, in 1998.
That places Korea 151st out of 197 countries with data for 2025, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Industry (including construction), value added in Korea, year by year
| Year | annual % growth | Change |
|---|---|---|
| 1961 | 6.3% | — |
| 1962 | 16.5% | +161.4% |
| 1963 | 14.9% | -9.8% |
| 1964 | 10.1% | -32.3% |
| 1965 | 21.3% | +110.8% |
| 1966 | 17.8% | -16.3% |
| 1967 | 22.0% | +23.5% |
| 1968 | 22.9% | +4.2% |
| 1969 | 20.6% | -10.3% |
| 1970 | 13.8% | -32.7% |
| 1971 | 13.0% | -5.8% |
| 1972 | 11.2% | -14.4% |
| 1973 | 28.1% | +152.2% |
| 1974 | 15.2% | -45.9% |
| 1975 | 11.7% | -23.2% |
| 1976 | 18.4% | +57.4% |
| 1977 | 17.6% | -4.1% |
| 1978 | 25.3% | +43.8% |
| 1979 | 8.5% | -66.3% |
| 1980 | -1.2% | -114.3% |
| 1981 | 6.0% | -590.6% |
| 1982 | 6.6% | +10.7% |
| 1983 | 18.6% | +180.8% |
| 1984 | 17.3% | -6.7% |
| 1985 | 7.9% | -54.3% |
| 1986 | 14.9% | +87.2% |
| 1987 | 17.5% | +18.0% |
| 1988 | 12.2% | -30.3% |
| 1989 | 6.0% | -51.0% |
| 1990 | 13.6% | +127.4% |
| 1991 | 13.4% | -1.7% |
| 1992 | 4.4% | -66.9% |
| 1993 | 7.9% | +77.6% |
| 1994 | 10.2% | +30.2% |
| 1995 | 11.1% | +8.3% |
| 1996 | 8.4% | -24.6% |
| 1997 | 5.1% | -38.7% |
| 1998 | -7.9% | -253.6% |
| 1999 | 13.7% | -274.0% |
| 2000 | 12.0% | -12.4% |
| 2001 | 3.5% | -70.7% |
| 2002 | 8.3% | +135.3% |
| 2003 | 5.4% | -34.6% |
| 2004 | 8.4% | +54.8% |
| 2005 | 4.3% | -48.4% |
| 2006 | 6.3% | +45.3% |
| 2007 | 6.7% | +7.1% |
| 2008 | 2.4% | -64.9% |
| 2009 | -0.9% | -137.3% |
| 2010 | 10.8% | -1330.3% |
| 2011 | 3.6% | -66.5% |
| 2012 | 1.5% | -58.1% |
| 2013 | 3.4% | +123.6% |
| 2014 | 3.2% | -6.7% |
| 2015 | 2.6% | -18.3% |
| 2016 | 3.1% | +18.4% |
| 2017 | 4.7% | +52.3% |
| 2018 | 2.3% | -51.6% |
| 2019 | 0.3% | -86.0% |
| 2020 | -1.3% | -521.2% |
| 2021 | 5.0% | -476.5% |
| 2022 | 2.2% | -55.1% |
| 2023 | 1.0% | -53.7% |
| 2024 | 2.9% | +180.9% |
| 2025 | 0.2% | -93.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 16.9% | 6.3% | 22.9% | 9 |
| 1970s | 16.3% | 8.5% | 28.1% | 10 |
| 1980s | 10.6% | -1.2% | 18.6% | 10 |
| 1990s | 8.0% | -7.9% | 13.7% | 10 |
| 2000s | 5.6% | -0.9% | 12.0% | 10 |
| 2010s | 3.5% | 0.3% | 10.8% | 10 |
| 2020s | 1.7% | -1.3% | 5.0% | 6 |
Countries ranked near Korea
More economy & growth data for Korea
- Net primary income (Net income from abroad) (current LCU), annual 23.99 % change on previous year (2025)
- Taxes less subsidies on products (current US$), annual growth rate -2.41 % change on previous year (2025)
- Taxes less subsidies on products (current US$), per unit of GDP 0.0698 current US$ per US$ of GDP (2025)
- Taxes less subsidies on products (current US$), per capita 2,528 current US$ per person (2025)
- Taxes less subsidies on products (current LCU), annual growth rate 1.82 % change on previous year (2025)
- Taxes less subsidies on products (current LCU), per unit of GDP 99.26 current LCU per US$ of GDP (2025)
- Taxes less subsidies on products (current LCU), per capita 3.60 million current LCU per person (2025)
- Special drawing rights per domestic currency (End-of-period (EoP)) 0.0005 (2025)
- Domestic currency per Special drawing rights (End-of-period (EoP)) 1,965 (2025)
- Domestic currency per US dollar (End-of-period (EoP)) 1,435 (2025)
Frequently asked questions
- What is industry (including construction), value added in Korea?
- Industry (including construction), value added in Korea was 0.2% in 2025, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest industry (including construction), value added recorded in Korea?
- The highest recorded value was 28.1% in 1973.
- What is the lowest industry (including construction), value added recorded in Korea?
- The lowest recorded value was -7.9% in 1998.
- How does Korea rank for industry (including construction), value added?
- Korea ranks 151st out of 197 countries with data for 2025.
- Is industry (including construction), value added rising or falling in Korea?
- Over the last ten years it is down 92.7%. The long-run trend across the full record is volatile.
- Where does this Korea data come from?
- The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Industry (including construction), value added (annual % growth). Statizoid updates them automatically from the source API.
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About this data
Industry (including construction) corresponds to ISIC (Rev.4) divisions 05-43. It is comprised of mining, manufacturing, construction, electricity, water, and gas industries. Value added is the contribution to the economy by a producer or an industry or an institutional sector, which is estimated by the total value of output produced and deducting the total value of intermediate consumption of goods and services used to produce that output. This indicator denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.