Manufacturing, value added (current US$), annual growth rate in Republic of Korea

Republic of Korea: Manufacturing, value added (current US$), annual growth rate was 2.87 % change on previous year in 2025. ◆ Volatile

Latest (2025)
2.87 % change on previous year
Change on year
down 54.4%
World rank
148th
of 203 countries
All-time high
55.35 % change on previous year
in 1963
All-time low
-35.97 % change on previous year
in 1961
Years of data
65
1961–2025

Manufacturing, value added (current US$), annual growth rate in Republic of Korea, 1961–2025

-40-200204060196119932025

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

The most recent figure for manufacturing, value added (current us$), annual growth rate in Republic of Korea is 2.87 % change on previous year, measured in 2025.

That represents a change of down 54.4% on the previous year and up 207.0% over ten years.

Over the whole period, manufacturing, value added (current us$), annual growth rate in Republic of Korea peaked at 55.35 % change on previous year in 1963 and was at its lowest, -35.97 % change on previous year, in 1961.

That places Republic of Korea 148th out of 203 countries with data for 2025, putting it 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 (current US$), annual growth rate in Republic of Korea, year by year

Annual values for Manufacturing, value added (current US$), annual growth rate in Republic of Korea, 1961 to 2025.
Year % change on previous year Change
1961 -35.97 % change on previous year
1962 14.03 % change on previous year -139.0%
1963 55.35 % change on previous year +294.6%
1964 -3.81 % change on previous year -106.9%
1965 8.37 % change on previous year -319.9%
1966 22.95 % change on previous year +174.1%
1967 24.55 % change on previous year +7.0%
1968 28.68 % change on previous year +16.8%
1969 24.9 % change on previous year -13.2%
1970 19.14 % change on previous year -23.1%
1971 5.45 % change on previous year -71.5%
1972 23.3 % change on previous year +327.4%
1973 46.69 % change on previous year +100.4%
1974 36.9 % change on previous year -21.0%
1975 7.72 % change on previous year -79.1%
1976 46.34 % change on previous year +500.7%
1977 26.49 % change on previous year -42.8%
1978 35.85 % change on previous year +35.4%
1979 31.99 % change on previous year -10.8%
1980 -0.6206 % change on previous year -101.9%
1981 10.98 % change on previous year -1868.4%
1982 7.8 % change on previous year -29.0%
1983 18.08 % change on previous year +131.9%
1984 19.24 % change on previous year +6.4%
1985 2.84 % change on previous year -85.3%
1986 21.42 % change on previous year +655.0%
1987 33.14 % change on previous year +54.7%
1988 39.6 % change on previous year +19.5%
1989 19.38 % change on previous year -51.1%
1990 8.4 % change on previous year -56.7%
1991 17.91 % change on previous year +113.2%
1992 4.65 % change on previous year -74.0%
1993 11.6 % change on previous year +149.4%
1994 21.49 % change on previous year +85.3%
1995 25.09 % change on previous year +16.7%
1996 3.2 % change on previous year -87.2%
1997 -6.98 % change on previous year -317.9%
1998 -30.86 % change on previous year +342.3%
1999 29.89 % change on previous year -196.9%
2000 19.46 % change on previous year -34.9%
2001 -10.2 % change on previous year -152.4%
2002 12.88 % change on previous year -226.3%
2003 10.52 % change on previous year -18.4%
2004 22.18 % change on previous year +110.9%
2005 16.6 % change on previous year -25.2%
2006 11.11 % change on previous year -33.1%
2007 12.36 % change on previous year +11.3%
2008 -10.06 % change on previous year -181.4%
2009 -9.16 % change on previous year -8.9%
2010 29.62 % change on previous year -423.2%
2011 13.1 % change on previous year -55.8%
2012 1.25 % change on previous year -90.5%
2013 7.9 % change on previous year +534.5%
2014 6.26 % change on previous year -20.8%
2015 -2.68 % change on previous year -142.9%
2016 1.46 % change on previous year -154.3%
2017 10.34 % change on previous year +609.9%
2018 5.66 % change on previous year -45.3%
2019 -8.84 % change on previous year -256.2%
2020 -2.93 % change on previous year -66.9%
2021 13.74 % change on previous year -569.2%
2022 -6.48 % change on previous year -147.1%
2023 -1.51 % change on previous year -76.7%
2024 6.3 % change on previous year -517.7%
2025 2.87 % change on previous year -54.4%

Averages by decade

DecadeAverage LowestHighest Years
1960s 15.45 % change on previous year -35.97 % change on previous year 55.35 % change on previous year 9
1970s 27.99 % change on previous year 5.45 % change on previous year 46.69 % change on previous year 10
1980s 17.19 % change on previous year -0.6206 % change on previous year 39.6 % change on previous year 10
1990s 8.44 % change on previous year -30.86 % change on previous year 29.89 % change on previous year 10
2000s 7.57 % change on previous year -10.2 % change on previous year 22.18 % change on previous year 10
2010s 6.41 % change on previous year -8.84 % change on previous year 29.62 % change on previous year 10
2020s 2 % change on previous year -6.48 % change on previous year 13.74 % change on previous year 6

Countries ranked near Republic of Korea

  1. 145 Uruguay 3.03 % change on previous year compare
  2. 146 Türkiye 3.03 % change on previous year compare
  3. 147 Cayman Islands 2.98 % change on previous year compare
  4. 149 Jamaica 2.59 % change on previous year compare
  5. 150 Eswatini 2.34 % change on previous year compare
  6. 151 Puerto Rico 2.25 % change on previous year compare

See the full ranking of 251 places →

More economy & growth data for Republic of Korea

All data for Republic of Korea →

Frequently asked questions

What is manufacturing, value added (current us$), annual growth rate in Republic of Korea?
Manufacturing, value added (current us$), annual growth rate in Republic of Korea was 2.87 % change on previous year in 2025, according to Statizoid (derived).
What is the highest manufacturing, value added (current us$), annual growth rate recorded in Republic of Korea?
The highest recorded value was 55.35 % change on previous year in 1963.
What is the lowest manufacturing, value added (current us$), annual growth rate recorded in Republic of Korea?
The lowest recorded value was -35.97 % change on previous year in 1961.
How does Republic of Korea rank for manufacturing, value added (current us$), annual growth rate?
Republic of Korea ranks 148th out of 203 countries with data for 2025.
Is manufacturing, value added (current us$), annual growth rate rising or falling in Republic of Korea?
Over the last ten years it is up 207.0%. The long-run trend across the full record is volatile.
Where does this Republic of Korea data come from?
The figures come from Statizoid (derived), published as part of Manufacturing, value added (current US$), annual growth rate. Statizoid updates them automatically from the source API.

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Manufacturing, value added (current US$), annual growth rate in Republic of Korea. Statizoid, drawing on Statizoid (derived). Retrieved 03 September 2026, from https://economy.statizoid.com/stat/manufacturing-value-added-current-us-annual-growth-rate/korea-rep/

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How this figure is calculated

The year-on-year percentage change in Manufacturing, value added (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

Computed from

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

Indicator
Manufacturing, value added (current US$), annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
251 places, 9,756 data points, 1961–2025
Last refreshed

The year-on-year percentage change in Manufacturing, value added (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.