Manufacturing, value added in South Korea
South Korea: Manufacturing, value added was 546.69 billion constant 2015 US$ in 2025. ◆ Volatile
Latest (2025)
546.69 billion constant 2015 US$
Change on year
up 2.0%
World rank
4th
of 186 countries
All-time high
546.69 billion constant 2015 US$
in 2025
All-time low
1.22 billion constant 2015 US$
in 1960
Years of data
66
1960–2025
Manufacturing, value added in South Korea, 1960–2025
Source: Country official statistics, National Statistical Offices (NSOs). Measured in constant 2015 US$.
Analysis
In 2025, manufacturing, value added in South Korea stood at 546.69 billion constant 2015 US$. That is the highest value across all 66 years on record.
Compared with earlier readings it is up 2.0% on the previous year and up 27.7% over ten years.
Over the whole period, manufacturing, value added in South Korea peaked at 546.69 billion constant 2015 US$ in 2025 and was at its lowest, 1.22 billion constant 2015 US$, in 1960.
That places South Korea 4th out of 186 countries with data for 2025, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Manufacturing, value added in South Korea, year by year
| Year | constant 2015 US$ | Change |
|---|---|---|
| 1960 | 1.22 billion constant 2015 US$ | — |
| 1961 | 1.29 billion constant 2015 US$ | +5.5% |
| 1962 | 1.48 billion constant 2015 US$ | +15.2% |
| 1963 | 1.72 billion constant 2015 US$ | +16.1% |
| 1964 | 1.89 billion constant 2015 US$ | +9.8% |
| 1965 | 2.31 billion constant 2015 US$ | +22.4% |
| 1966 | 2.74 billion constant 2015 US$ | +18.4% |
| 1967 | 3.38 billion constant 2015 US$ | +23.5% |
| 1968 | 4.15 billion constant 2015 US$ | +22.6% |
| 1969 | 4.87 billion constant 2015 US$ | +17.5% |
| 1970 | 5.64 billion constant 2015 US$ | +15.8% |
| 1971 | 6.62 billion constant 2015 US$ | +17.3% |
| 1972 | 7.62 billion constant 2015 US$ | +15.1% |
| 1973 | 9.94 billion constant 2015 US$ | +30.5% |
| 1974 | 11.58 billion constant 2015 US$ | +16.5% |
| 1975 | 13.07 billion constant 2015 US$ | +12.8% |
| 1976 | 15.83 billion constant 2015 US$ | +21.1% |
| 1977 | 18.43 billion constant 2015 US$ | +16.5% |
| 1978 | 23.11 billion constant 2015 US$ | +25.4% |
| 1979 | 25.55 billion constant 2015 US$ | +10.5% |
| 1980 | 25.24 billion constant 2015 US$ | -1.2% |
| 1981 | 27.63 billion constant 2015 US$ | +9.5% |
| 1982 | 29.12 billion constant 2015 US$ | +5.4% |
| 1983 | 34.12 billion constant 2015 US$ | +17.2% |
| 1984 | 40.98 billion constant 2015 US$ | +20.1% |
| 1985 | 43.98 billion constant 2015 US$ | +7.3% |
| 1986 | 51.25 billion constant 2015 US$ | +16.5% |
| 1987 | 61.67 billion constant 2015 US$ | +20.3% |
| 1988 | 70.07 billion constant 2015 US$ | +13.6% |
| 1989 | 73.21 billion constant 2015 US$ | +4.5% |
| 1990 | 81.59 billion constant 2015 US$ | +11.5% |
| 1991 | 93.36 billion constant 2015 US$ | +14.4% |
| 1992 | 99.25 billion constant 2015 US$ | +6.3% |
| 1993 | 106.43 billion constant 2015 US$ | +7.2% |
| 1994 | 119.10 billion constant 2015 US$ | +11.9% |
| 1995 | 135.06 billion constant 2015 US$ | +13.4% |
| 1996 | 146.99 billion constant 2015 US$ | +8.8% |
| 1997 | 156.06 billion constant 2015 US$ | +6.2% |
| 1998 | 144.64 billion constant 2015 US$ | -7.3% |
| 1999 | 172.92 billion constant 2015 US$ | +19.6% |
| 2000 | 200.45 billion constant 2015 US$ | +15.9% |
| 2001 | 206.29 billion constant 2015 US$ | +2.9% |
| 2002 | 225.36 billion constant 2015 US$ | +9.2% |
| 2003 | 236.14 billion constant 2015 US$ | +4.8% |
| 2004 | 260.07 billion constant 2015 US$ | +10.1% |
| 2005 | 273.10 billion constant 2015 US$ | +5.0% |
| 2006 | 294.17 billion constant 2015 US$ | +7.7% |
| 2007 | 317.40 billion constant 2015 US$ | +7.9% |
| 2008 | 327.93 billion constant 2015 US$ | +3.3% |
| 2009 | 322.47 billion constant 2015 US$ | -1.7% |
| 2010 | 367.70 billion constant 2015 US$ | +14.0% |
| 2011 | 386.64 billion constant 2015 US$ | +5.2% |
| 2012 | 393.40 billion constant 2015 US$ | +1.7% |
| 2013 | 407.18 billion constant 2015 US$ | +3.5% |
| 2014 | 420.80 billion constant 2015 US$ | +3.3% |
| 2015 | 428.23 billion constant 2015 US$ | +1.8% |
| 2016 | 437.12 billion constant 2015 US$ | +2.1% |
| 2017 | 455.71 billion constant 2015 US$ | +4.3% |
| 2018 | 471.16 billion constant 2015 US$ | +3.4% |
| 2019 | 473.49 billion constant 2015 US$ | +0.5% |
| 2020 | 464.01 billion constant 2015 US$ | -2.0% |
| 2021 | 494.06 billion constant 2015 US$ | +6.5% |
| 2022 | 506.28 billion constant 2015 US$ | +2.5% |
| 2023 | 513.76 billion constant 2015 US$ | +1.5% |
| 2024 | 535.84 billion constant 2015 US$ | +4.3% |
| 2025 | 546.69 billion constant 2015 US$ | +2.0% |
South Korea compared with similar countries
- South Korea's 546.69 billion constant 2015 US$ is above the median for high income countries, which is 12.22 billion constant 2015 US$, 44.7× the median. (67 countries reporting)
- South Korea's 546.69 billion constant 2015 US$ is above the median for East Asia & Pacific, which is 1.97 billion constant 2015 US$, 277.4× the median. (27 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 2.50 billion constant 2015 US$ | 1.22 billion constant 2015 US$ | 4.87 billion constant 2015 US$ | 10 |
| 1970s | 13.74 billion constant 2015 US$ | 5.64 billion constant 2015 US$ | 25.55 billion constant 2015 US$ | 10 |
| 1980s | 45.73 billion constant 2015 US$ | 25.24 billion constant 2015 US$ | 73.21 billion constant 2015 US$ | 10 |
| 1990s | 125.54 billion constant 2015 US$ | 81.59 billion constant 2015 US$ | 172.92 billion constant 2015 US$ | 10 |
| 2000s | 266.34 billion constant 2015 US$ | 200.45 billion constant 2015 US$ | 327.93 billion constant 2015 US$ | 10 |
| 2010s | 424.14 billion constant 2015 US$ | 367.70 billion constant 2015 US$ | 473.49 billion constant 2015 US$ | 10 |
| 2020s | 510.11 billion constant 2015 US$ | 464.01 billion constant 2015 US$ | 546.69 billion constant 2015 US$ | 6 |
Countries ranked near South Korea
- 1 Japan 935.45 billion constant 2015 US$ compare
- 2 Germany 703.85 billion constant 2015 US$ compare
- 3 India 595.25 billion constant 2015 US$ compare
- 5 United Kingdom 305.69 billion constant 2015 US$ compare
- 6 Italy 287.19 billion constant 2015 US$ compare
- 7 France 269.88 billion constant 2015 US$ compare
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 manufacturing, value added in South Korea?
- Manufacturing, value added in South Korea was 546.69 billion constant 2015 US$ in 2025, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest manufacturing, value added recorded in South Korea?
- The highest recorded value was 546.69 billion constant 2015 US$ in 2025.
- What is the lowest manufacturing, value added recorded in South Korea?
- The lowest recorded value was 1.22 billion constant 2015 US$ in 1960.
- How does South Korea rank for manufacturing, value added?
- South Korea ranks 4th out of 186 countries with data for 2025.
- Is manufacturing, value added rising or falling in South Korea?
- Over the last ten years it is up 27.7%. 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 Manufacturing, value added (constant 2015 US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 66 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Manufacturing includes industries classified in ISIC (Rev. 3) major division C and is defined as the physical or chemical transformation of materials or components into new products. 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 constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2015. This indicator is expressed in United States dollars.