Industry (including construction), value added in South Korea
South Korea: Industry (including construction), value added was 642.79 billion current US$ in 2025. ◆ Volatile
Latest (2025)
642.79 billion current US$
Change on year
up 1.1%
World rank
8th
of 209 countries
All-time high
643.93 billion current US$
in 2021
All-time low
432.72 million current US$
in 1961
Years of data
66
1960–2025
Industry (including construction), value added in South Korea, 1960–2025
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current US$.
Analysis
In 2025, industry (including construction), value added in South Korea stood at 642.79 billion current US$.
Compared with earlier readings it is up 1.1% on the previous year and up 18.9% over ten years.
Over the whole period, industry (including construction), value added in South Korea peaked at 643.93 billion current US$ in 2021 and was at its lowest, 432.72 million current US$, in 1961.
South Korea ranks 8th of 209 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Industry (including construction), value added in South Korea, year by year
| Year | current US$ | Change |
|---|---|---|
| 1960 | 685.94 million current US$ | — |
| 1961 | 432.72 million current US$ | -36.9% |
| 1962 | 503.85 million current US$ | +16.4% |
| 1963 | 721.54 million current US$ | +43.2% |
| 1964 | 669.64 million current US$ | -7.2% |
| 1965 | 727.48 million current US$ | +8.6% |
| 1966 | 906.99 million current US$ | +24.7% |
| 1967 | 1.14 billion current US$ | +25.2% |
| 1968 | 1.48 billion current US$ | +30.0% |
| 1969 | 1.89 billion current US$ | +28.2% |
| 1970 | 2.23 billion current US$ | +18.2% |
| 1971 | 2.31 billion current US$ | +3.4% |
| 1972 | 2.70 billion current US$ | +17.0% |
| 1973 | 3.84 billion current US$ | +42.0% |
| 1974 | 5.21 billion current US$ | +35.8% |
| 1975 | 5.83 billion current US$ | +11.8% |
| 1976 | 8.29 billion current US$ | +42.3% |
| 1977 | 10.98 billion current US$ | +32.4% |
| 1978 | 15.76 billion current US$ | +43.5% |
| 1979 | 21.22 billion current US$ | +34.6% |
| 1980 | 21.08 billion current US$ | -0.7% |
| 1981 | 22.94 billion current US$ | +8.9% |
| 1982 | 25.02 billion current US$ | +9.0% |
| 1983 | 29.25 billion current US$ | +16.9% |
| 1984 | 34.11 billion current US$ | +16.6% |
| 1985 | 34.96 billion current US$ | +2.5% |
| 1986 | 41.53 billion current US$ | +18.8% |
| 1987 | 54.29 billion current US$ | +30.7% |
| 1988 | 74.68 billion current US$ | +37.6% |
| 1989 | 91.39 billion current US$ | +22.4% |
| 1990 | 105.46 billion current US$ | +15.4% |
| 1991 | 126.02 billion current US$ | +19.5% |
| 1992 | 131.24 billion current US$ | +4.1% |
| 1993 | 146.40 billion current US$ | +11.6% |
| 1994 | 173.47 billion current US$ | +18.5% |
| 1995 | 214.16 billion current US$ | +23.5% |
| 1996 | 223.85 billion current US$ | +4.5% |
| 1997 | 208.23 billion current US$ | -7.0% |
| 1998 | 139.37 billion current US$ | -33.1% |
| 1999 | 176.74 billion current US$ | +26.8% |
| 2000 | 205.67 billion current US$ | +16.4% |
| 2001 | 187.75 billion current US$ | -8.7% |
| 2002 | 212.48 billion current US$ | +13.2% |
| 2003 | 240.37 billion current US$ | +13.1% |
| 2004 | 284.87 billion current US$ | +18.5% |
| 2005 | 331.19 billion current US$ | +16.3% |
| 2006 | 367.20 billion current US$ | +10.9% |
| 2007 | 408.93 billion current US$ | +11.4% |
| 2008 | 355.64 billion current US$ | -13.0% |
| 2009 | 325.12 billion current US$ | -8.6% |
| 2010 | 410.43 billion current US$ | +26.2% |
| 2011 | 455.77 billion current US$ | +11.0% |
| 2012 | 463.38 billion current US$ | +1.7% |
| 2013 | 504.99 billion current US$ | +9.0% |
| 2014 | 545.07 billion current US$ | +7.9% |
| 2015 | 540.47 billion current US$ | -0.8% |
| 2016 | 556.28 billion current US$ | +2.9% |
| 2017 | 609.34 billion current US$ | +9.5% |
| 2018 | 638.06 billion current US$ | +4.7% |
| 2019 | 589.16 billion current US$ | -7.7% |
| 2020 | 581.76 billion current US$ | -1.3% |
| 2021 | 643.93 billion current US$ | +10.7% |
| 2022 | 585.00 billion current US$ | -9.2% |
| 2023 | 599.99 billion current US$ | +2.6% |
| 2024 | 635.80 billion current US$ | +6.0% |
| 2025 | 642.79 billion current US$ | +1.1% |
South Korea compared with similar countries
- South Korea's 642.79 billion current US$ is above the median for high income countries, which is 25.19 billion current US$, 25.5× the median. (77 countries reporting)
- South Korea's 642.79 billion current US$ is above the median for East Asia & Pacific, which is 9.23 billion current US$, 69.6× the median. (32 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 915.02 million current US$ | 432.72 million current US$ | 1.89 billion current US$ | 10 |
| 1970s | 7.84 billion current US$ | 2.23 billion current US$ | 21.22 billion current US$ | 10 |
| 1980s | 42.92 billion current US$ | 21.08 billion current US$ | 91.39 billion current US$ | 10 |
| 1990s | 164.49 billion current US$ | 105.46 billion current US$ | 223.85 billion current US$ | 10 |
| 2000s | 291.92 billion current US$ | 187.75 billion current US$ | 408.93 billion current US$ | 10 |
| 2010s | 531.30 billion current US$ | 410.43 billion current US$ | 638.06 billion current US$ | 10 |
| 2020s | 614.88 billion current US$ | 581.76 billion current US$ | 643.93 billion current US$ | 6 |
Countries ranked near South Korea
More economy & growth data for South Korea
- Foreign direct investment, net outflows (BoP, current US$), gaps 41.23 billion BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.022 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 797.74 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 15.80 billion BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual 22.87 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0084 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 305.78 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 4.39 % change on previous year (2025)
- Total reserves (includes gold, current US$), per unit of GDP 0.2332 includes gold, current US$ per US$ of GDP (2025)
- Total reserves (includes gold, current US$), per capita 8,447 includes gold, current US$ per person (2025)
Frequently asked questions
- What is industry (including construction), value added in South Korea?
- Industry (including construction), value added in South Korea was 642.79 billion current US$ in 2025, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest industry (including construction), value added recorded in South Korea?
- The highest recorded value was 643.93 billion current US$ in 2021.
- What is the lowest industry (including construction), value added recorded in South Korea?
- The lowest recorded value was 432.72 million current US$ in 1961.
- How does South Korea rank for industry (including construction), value added?
- South Korea ranks 8th out of 209 countries with data for 2025.
- Is industry (including construction), value added rising or falling in South Korea?
- Over the last ten years it is up 18.9%. The long-run trend across the full record is volatile.
- Where does this South Korea data come from?
- The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Industry (including construction), value added (current US$). 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 is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.