Industry (including construction), value added in Republic of Korea
Republic of Korea: Industry (including construction), value added was 34.3% in 2025. ▲ Rising
Industry (including construction), value added in Republic of Korea, 1960–2025
Source: Country official statistics, National Statistical Offices (NSOs). Measured in % of GDP.
Analysis
In 2025, industry (including construction), value added in Republic of Korea stood at 34.3%.
The figure is up 1.3% on the previous year and down 2.2% over ten years.
Over the whole period, industry (including construction), value added in Republic of Korea peaked at 37.0% in 1991 and was at its lowest, 17.3%, in 1960.
Republic of Korea ranks 36th of 207 countries on this measure, in the top quarter.
The long-run direction has been consistently rising across the 66 years of available data.
Industry (including construction), value added in Republic of Korea, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1960 | 17.3% | — |
| 1961 | 17.8% | +3.3% |
| 1962 | 17.8% | -0.0% |
| 1963 | 18.0% | +1.0% |
| 1964 | 19.3% | +7.0% |
| 1965 | 23.2% | +20.2% |
| 1966 | 22.9% | -1.0% |
| 1967 | 23.2% | +1.2% |
| 1968 | 23.9% | +3.2% |
| 1969 | 24.4% | +2.1% |
| 1970 | 24.6% | +0.7% |
| 1971 | 23.1% | -6.1% |
| 1972 | 24.6% | +6.5% |
| 1973 | 27.3% | +10.9% |
| 1974 | 26.2% | -3.8% |
| 1975 | 26.3% | +0.4% |
| 1976 | 27.3% | +3.7% |
| 1977 | 28.1% | +3.0% |
| 1978 | 29.8% | +6.1% |
| 1979 | 31.2% | +4.5% |
| 1980 | 31.7% | +1.6% |
| 1981 | 30.9% | -2.5% |
| 1982 | 31.3% | +1.3% |
| 1983 | 32.6% | +4.3% |
| 1984 | 34.2% | +4.8% |
| 1985 | 33.7% | -1.5% |
| 1986 | 34.6% | +2.8% |
| 1987 | 35.7% | +3.0% |
| 1988 | 36.3% | +1.9% |
| 1989 | 35.9% | -1.1% |
| 1990 | 36.1% | +0.5% |
| 1991 | 37.0% | +2.4% |
| 1992 | 35.8% | -3.3% |
| 1993 | 36.1% | +0.9% |
| 1994 | 36.2% | +0.3% |
| 1995 | 36.5% | +0.9% |
| 1996 | 35.5% | -2.9% |
| 1997 | 35.3% | -0.3% |
| 1998 | 35.1% | -0.7% |
| 1999 | 34.3% | -2.3% |
| 2000 | 34.4% | +0.4% |
| 2001 | 33.1% | -3.9% |
| 2002 | 32.7% | -1.2% |
| 2003 | 33.0% | +0.9% |
| 2004 | 34.6% | +4.9% |
| 2005 | 34.1% | -1.5% |
| 2006 | 33.5% | -1.6% |
| 2007 | 33.5% | -0.1% |
| 2008 | 32.6% | -2.7% |
| 2009 | 33.1% | +1.5% |
| 2010 | 34.4% | +4.0% |
| 2011 | 34.9% | +1.3% |
| 2012 | 34.7% | -0.5% |
| 2013 | 35.2% | +1.4% |
| 2014 | 35.0% | -0.5% |
| 2015 | 35.1% | +0.3% |
| 2016 | 35.2% | +0.3% |
| 2017 | 35.6% | +1.1% |
| 2018 | 35.0% | -1.8% |
| 2019 | 33.6% | -3.8% |
| 2020 | 33.4% | -0.9% |
| 2021 | 33.2% | -0.6% |
| 2022 | 32.5% | -1.9% |
| 2023 | 32.5% | +0.0% |
| 2024 | 33.9% | +4.2% |
| 2025 | 34.3% | +1.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 20.8% | 17.3% | 24.4% | 10 |
| 1970s | 26.9% | 23.1% | 31.2% | 10 |
| 1980s | 33.7% | 30.9% | 36.3% | 10 |
| 1990s | 35.8% | 34.3% | 37.0% | 10 |
| 2000s | 33.5% | 32.6% | 34.6% | 10 |
| 2010s | 34.9% | 33.6% | 35.6% | 10 |
| 2020s | 33.3% | 32.5% | 34.3% | 6 |
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 industry (including construction), value added in Republic of Korea?
- Industry (including construction), value added in Republic of Korea was 34.3% in 2025, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest industry (including construction), value added recorded in Republic of Korea?
- The highest recorded value was 37.0% in 1991.
- What is the lowest industry (including construction), value added recorded in Republic of Korea?
- The lowest recorded value was 17.3% in 1960.
- How does Republic of Korea rank for industry (including construction), value added?
- Republic of Korea ranks 36th out of 207 countries with data for 2025.
- Is industry (including construction), value added rising or falling in Republic of Korea?
- Over the last ten years it is down 2.2%. The long-run trend across the full record is rising.
- Where does this Republic of Korea data come from?
- The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Industry (including construction), value added (% of GDP). 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 as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.