Other manufacturing in Republic of Korea
Republic of Korea: Other manufacturing was 35.6% in 2023. ▼ Falling
Other manufacturing in Republic of Korea, 1963–2023
Source: International Yearbook of Industrial Statistics, UN Industrial Development Organization (UNIDO). Measured in % of value added in manufacturing.
Analysis
In 2023, other manufacturing in Republic of Korea stood at 35.6%.
The figure is up 2.6% on the previous year and up 15.7% over ten years.
Over the whole period, other manufacturing in Republic of Korea peaked at 50.7% in 1989 and was at its lowest, 30.5%, in 2021.
Republic of Korea ranks 99th of 157 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 61 years of available data.
Other manufacturing in Republic of Korea, year by year
| Year | % of value added in manufacturing | Change |
|---|---|---|
| 1963 | 33.1% | — |
| 1964 | 38.1% | +15.2% |
| 1965 | 37.8% | -0.8% |
| 1966 | 39.0% | +3.4% |
| 1967 | 36.0% | -7.8% |
| 1968 | 37.8% | +5.1% |
| 1969 | 37.9% | +0.1% |
| 1970 | 39.5% | +4.4% |
| 1971 | 41.7% | +5.4% |
| 1972 | 40.1% | -3.8% |
| 1973 | 44.9% | +12.1% |
| 1974 | 44.9% | +0.1% |
| 1975 | 42.9% | -4.6% |
| 1976 | 41.0% | -4.3% |
| 1977 | 40.7% | -0.7% |
| 1978 | 41.8% | +2.7% |
| 1979 | 45.2% | +8.0% |
| 1980 | 44.3% | -2.0% |
| 1981 | 44.7% | +1.0% |
| 1982 | 44.6% | -0.3% |
| 1983 | 45.8% | +2.7% |
| 1984 | 47.2% | +3.1% |
| 1985 | 47.1% | -0.2% |
| 1986 | 48.7% | +3.4% |
| 1987 | 49.1% | +0.9% |
| 1988 | 50.4% | +2.7% |
| 1989 | 50.7% | +0.5% |
| 1990 | 36.1% | -28.8% |
| 1991 | 37.0% | +2.4% |
| 1992 | 37.5% | +1.3% |
| 1993 | 37.2% | -0.8% |
| 1994 | 36.6% | -1.5% |
| 1995 | 36.0% | -1.7% |
| 1996 | 35.9% | -0.4% |
| 1997 | 35.7% | -0.4% |
| 1998 | 35.8% | +0.3% |
| 1999 | 34.3% | -4.1% |
| 2000 | 32.9% | -4.2% |
| 2001 | 33.5% | +1.9% |
| 2002 | 32.9% | -1.8% |
| 2003 | 33.3% | +1.0% |
| 2004 | 33.9% | +1.9% |
| 2005 | 35.5% | +4.7% |
| 2006 | 34.7% | -2.1% |
| 2007 | 32.7% | -5.8% |
| 2008 | 34.7% | +6.1% |
| 2009 | 32.0% | -7.9% |
| 2010 | 32.4% | +1.5% |
| 2011 | 31.1% | -4.1% |
| 2012 | 31.6% | +1.7% |
| 2013 | 30.8% | -2.8% |
| 2014 | 31.1% | +1.1% |
| 2015 | 30.8% | -0.8% |
| 2016 | 31.5% | +2.2% |
| 2017 | 31.2% | -0.9% |
| 2018 | 31.4% | +0.7% |
| 2019 | 31.9% | +1.5% |
| 2020 | 30.7% | -3.9% |
| 2021 | 30.5% | -0.5% |
| 2022 | 34.7% | +13.7% |
| 2023 | 35.6% | +2.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 37.1% | 33.1% | 39.0% | 7 |
| 1970s | 42.3% | 39.5% | 45.2% | 10 |
| 1980s | 47.2% | 44.3% | 50.7% | 10 |
| 1990s | 36.2% | 34.3% | 37.5% | 10 |
| 2000s | 33.6% | 32.0% | 35.5% | 10 |
| 2010s | 31.4% | 30.8% | 32.4% | 10 |
| 2020s | 32.9% | 30.5% | 35.6% | 4 |
Countries ranked near Republic of Korea
More economy & growth data for Republic of Korea
- Final consumption expenditure (constant 2015 US$), per capita 24,301 constant 2015 US$ per person (2025)
- Gross national expenditure (current US$), annual growth rate -1.35 % change on previous year (2025)
- Gross national expenditure (current US$), per unit of GDP 0.948 current US$ per US$ of GDP (2025)
- Gross national expenditure (current US$), per capita 34,344 current US$ per person (2025)
- Gross national expenditure (current LCU), annual growth rate 2.92 % change on previous year (2025)
- Gross national expenditure (current LCU), per unit of GDP 1,348 current LCU per US$ of GDP (2025)
- Gross national expenditure (current LCU), per capita 48.85 million current LCU per person (2025)
- Gross national expenditure (constant 2015 US$), annual growth rate 0.6957 % change on previous year (2025)
- Gross national expenditure (constant 2015 US$), per unit of GDP 0.9523 constant 2015 US$ per US$ of GDP (2025)
- Gross national expenditure (constant 2015 US$), per capita 34,500 constant 2015 US$ per person (2025)
Frequently asked questions
- What is other manufacturing in Republic of Korea?
- Other manufacturing in Republic of Korea was 35.6% in 2023, according to International Yearbook of Industrial Statistics, UN Industrial Development Organization (UNIDO).
- What is the highest other manufacturing recorded in Republic of Korea?
- The highest recorded value was 50.7% in 1989.
- What is the lowest other manufacturing recorded in Republic of Korea?
- The lowest recorded value was 30.5% in 2021.
- How does Republic of Korea rank for other manufacturing?
- Republic of Korea ranks 99th out of 157 countries with data for 2023.
- Is other manufacturing rising or falling in Republic of Korea?
- Over the last ten years it is up 15.7%. The long-run trend across the full record is falling.
- Where does this Republic of Korea data come from?
- The figures come from International Yearbook of Industrial Statistics, UN Industrial Development Organization (UNIDO), published as part of Other manufacturing (% of value added in manufacturing). Statizoid updates them automatically from the source API.
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About this data
Other manufacturing, a residual, covers wood and related products (ISIC Rev. 3 division 20), paper and related products (ISIC Rev. 3 divisions 21 and 22), petroleum and related products (ISIC Rev. 3 division 23), basic metals and mineral products (ISIC Rev. 3 division27), fabricated metal products and professional goods (ISIC Rev. 3 division 28), and other industries (ISIC Rev. 3 divisions 25, 26, 31, 33, 36, and 37). Includes unallocated data. When data for textiles, machinery, or chemicals are shown as not available, they are included in other manufacturing. 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 value added in manufacturing which is the contribution to the economy by the manufacturing sector (ISIC Rev. 3 major division D).