Industry (including construction), value added in South Korea
South Korea: Industry (including construction), value added was 642.79 billion current US$ in 2025. ◆ Volatile
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$, in 1961.
South Korea ranks 8th of 206 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 915.02 million current US$ | 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
- External balance on goods and services as a percent of GDP 5.2% (2025)
- Inflation of consumer prices 2.1% (2025)
- GDP per capita 37,470 constant 2015 US$ (2025)
- Share of manufacturing in gross domestic product (GDP) 27.4% (2025)
- Gross domestic product (GDP) 1.94 trillion constant 2015 US$ (2025)
- GDP per capita in international and market dollars 37,470 constant 2015 US$ (2025)
- DEC alternative conversion factor 1,422 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) -6.93 trillion current LCU (2025)
- Net secondary income (Net current transfers from abroad) -4.87 billion current US$ (2025)
- Taxes less subsidies on products 185.85 trillion current LCU (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 206 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.