Manufacturing, value added (constant LCU), annual growth rate in Korea
Korea: Manufacturing, value added (constant LCU), annual growth rate was 2.03 % change on previous year in 2025. ◆ Volatile
Latest (2025)
2.03 % change on previous year
Change on year
down 52.9%
World rank
103rd
of 190 countries
All-time high
30.49 % change on previous year
in 1973
All-time low
-7.32 % change on previous year
in 1998
Years of data
65
1961–2025
Manufacturing, value added (constant LCU), annual growth rate in Korea, 1961–2025
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Korea recorded 2.03 % change on previous year for manufacturing, value added (constant lcu), annual growth rate in 2025.
That represents a change of down 52.9% on the previous year and up 14.7% over ten years.
Over the whole period, manufacturing, value added (constant lcu), annual growth rate in Korea peaked at 30.49 % change on previous year in 1973 and was at its lowest, -7.32 % change on previous year, in 1998.
Korea ranks 103rd of 190 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Manufacturing, value added (constant LCU), annual growth rate in Korea, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1961 | 5.46 % change on previous year | — |
| 1962 | 15.21 % change on previous year | +178.7% |
| 1963 | 16.09 % change on previous year | +5.8% |
| 1964 | 9.78 % change on previous year | -39.2% |
| 1965 | 22.42 % change on previous year | +129.2% |
| 1966 | 18.45 % change on previous year | -17.7% |
| 1967 | 23.47 % change on previous year | +27.2% |
| 1968 | 22.58 % change on previous year | -3.8% |
| 1969 | 17.47 % change on previous year | -22.6% |
| 1970 | 15.84 % change on previous year | -9.3% |
| 1971 | 17.31 % change on previous year | +9.3% |
| 1972 | 15.08 % change on previous year | -12.9% |
| 1973 | 30.49 % change on previous year | +102.3% |
| 1974 | 16.55 % change on previous year | -45.7% |
| 1975 | 12.82 % change on previous year | -22.5% |
| 1976 | 21.11 % change on previous year | +64.7% |
| 1977 | 16.45 % change on previous year | -22.1% |
| 1978 | 25.42 % change on previous year | +54.5% |
| 1979 | 10.54 % change on previous year | -58.5% |
| 1980 | -1.2 % change on previous year | -111.4% |
| 1981 | 9.47 % change on previous year | -887.1% |
| 1982 | 5.38 % change on previous year | -43.2% |
| 1983 | 17.17 % change on previous year | +219.1% |
| 1984 | 20.11 % change on previous year | +17.1% |
| 1985 | 7.32 % change on previous year | -63.6% |
| 1986 | 16.53 % change on previous year | +125.8% |
| 1987 | 20.32 % change on previous year | +23.0% |
| 1988 | 13.63 % change on previous year | -33.0% |
| 1989 | 4.48 % change on previous year | -67.1% |
| 1990 | 11.45 % change on previous year | +155.6% |
| 1991 | 14.43 % change on previous year | +26.0% |
| 1992 | 6.3 % change on previous year | -56.3% |
| 1993 | 7.24 % change on previous year | +14.9% |
| 1994 | 11.9 % change on previous year | +64.4% |
| 1995 | 13.4 % change on previous year | +12.5% |
| 1996 | 8.84 % change on previous year | -34.0% |
| 1997 | 6.17 % change on previous year | -30.2% |
| 1998 | -7.32 % change on previous year | -218.6% |
| 1999 | 19.56 % change on previous year | -367.2% |
| 2000 | 15.92 % change on previous year | -18.6% |
| 2001 | 2.92 % change on previous year | -81.7% |
| 2002 | 9.24 % change on previous year | +216.8% |
| 2003 | 4.78 % change on previous year | -48.3% |
| 2004 | 10.14 % change on previous year | +112.0% |
| 2005 | 5.01 % change on previous year | -50.6% |
| 2006 | 7.72 % change on previous year | +54.0% |
| 2007 | 7.9 % change on previous year | +2.4% |
| 2008 | 3.32 % change on previous year | -58.0% |
| 2009 | -1.67 % change on previous year | -150.2% |
| 2010 | 14.03 % change on previous year | -942.2% |
| 2011 | 5.15 % change on previous year | -63.3% |
| 2012 | 1.75 % change on previous year | -66.0% |
| 2013 | 3.5 % change on previous year | +100.2% |
| 2014 | 3.35 % change on previous year | -4.5% |
| 2015 | 1.77 % change on previous year | -47.2% |
| 2016 | 2.07 % change on previous year | +17.5% |
| 2017 | 4.25 % change on previous year | +105.1% |
| 2018 | 3.39 % change on previous year | -20.4% |
| 2019 | 0.4955 % change on previous year | -85.4% |
| 2020 | -2 % change on previous year | -504.2% |
| 2021 | 6.48 % change on previous year | -423.4% |
| 2022 | 2.47 % change on previous year | -61.8% |
| 2023 | 1.48 % change on previous year | -40.3% |
| 2024 | 4.3 % change on previous year | +191.1% |
| 2025 | 2.03 % change on previous year | -52.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 16.77 % change on previous year | 5.46 % change on previous year | 23.47 % change on previous year | 9 |
| 1970s | 18.16 % change on previous year | 10.54 % change on previous year | 30.49 % change on previous year | 10 |
| 1980s | 11.32 % change on previous year | -1.2 % change on previous year | 20.32 % change on previous year | 10 |
| 1990s | 9.2 % change on previous year | -7.32 % change on previous year | 19.56 % change on previous year | 10 |
| 2000s | 6.53 % change on previous year | -1.67 % change on previous year | 15.92 % change on previous year | 10 |
| 2010s | 3.98 % change on previous year | 0.4955 % change on previous year | 14.03 % change on previous year | 10 |
| 2020s | 2.46 % change on previous year | -2 % change on previous year | 6.48 % change on previous year | 6 |
Countries ranked near Korea
- 100 Iran, Islamic Republic of 2.26 % change on previous year compare
- 101 Israel 2.21 % change on previous year compare
- 102 Congo, Democratic Republic of the 2.16 % change on previous year compare
- 104 Spain 2.03 % change on previous year compare
- 105 Honduras 2.01 % change on previous year compare
- 106 Dominica 2 % change on previous year compare
More economy & growth data for 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 (constant lcu), annual growth rate in Korea?
- Manufacturing, value added (constant lcu), annual growth rate in Korea was 2.03 % change on previous year in 2025, according to Statizoid (derived).
- What is the highest manufacturing, value added (constant lcu), annual growth rate recorded in Korea?
- The highest recorded value was 30.49 % change on previous year in 1973.
- What is the lowest manufacturing, value added (constant lcu), annual growth rate recorded in Korea?
- The lowest recorded value was -7.32 % change on previous year in 1998.
- How does Korea rank for manufacturing, value added (constant lcu), annual growth rate?
- Korea ranks 103rd out of 190 countries with data for 2025.
- Is manufacturing, value added (constant lcu), annual growth rate rising or falling in Korea?
- Over the last ten years it is up 14.7%. The long-run trend across the full record is volatile.
- Where does this Korea data come from?
- The figures come from Statizoid (derived), published as part of Manufacturing, value added (constant LCU), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 65 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Manufacturing, value added (constant LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Manufacturing, value added Country official statistics, National Statistical Offices (NSOs)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Manufacturing, value added (constant LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.