Services, value added (constant 2015 US$), per unit of GDP in Republic of Korea
Republic of Korea: Services, value added (constant 2015 US$), per unit of GDP was 0.5965 constant 2015 US$ per US$ of GDP in 2025. ◆ Volatile
Services, value added (constant 2015 US$), per unit of GDP in Republic of Korea, 1960–2025
Source: Statizoid (derived). Measured in constant 2015 US$ per US$ of GDP.
Analysis
The most recent figure for services, value added (constant 2015 us$), per unit of gdp in Republic of Korea is 0.5965 constant 2015 US$ per US$ of GDP, measured in 2025.
Compared with earlier readings it is up 1.9% on the previous year and up 8.2% over ten years.
Over the whole period, services, value added (constant 2015 us$), per unit of gdp in Republic of Korea peaked at 6.33 constant 2015 US$ per US$ of GDP in 1961 and was at its lowest, 0.5152 constant 2015 US$ per US$ of GDP, in 2018.
Republic of Korea ranks 36th of 195 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Services, value added (constant 2015 US$), per unit of GDP in Republic of Korea, year by year
| Year | constant 2015 US$ per US$ of GDP | Change |
|---|---|---|
| 1960 | 3.83 constant 2015 US$ per US$ of GDP | — |
| 1961 | 6.33 constant 2015 US$ per US$ of GDP | +65.3% |
| 1962 | 5.85 constant 2015 US$ per US$ of GDP | -7.6% |
| 1963 | 4.36 constant 2015 US$ per US$ of GDP | -25.5% |
| 1964 | 5.08 constant 2015 US$ per US$ of GDP | +16.8% |
| 1965 | 6.02 constant 2015 US$ per US$ of GDP | +18.3% |
| 1966 | 5.31 constant 2015 US$ per US$ of GDP | -11.7% |
| 1967 | 4.85 constant 2015 US$ per US$ of GDP | -8.6% |
| 1968 | 4.47 constant 2015 US$ per US$ of GDP | -7.9% |
| 1969 | 4.07 constant 2015 US$ per US$ of GDP | -8.9% |
| 1970 | 3.96 constant 2015 US$ per US$ of GDP | -2.8% |
| 1971 | 4.03 constant 2015 US$ per US$ of GDP | +1.9% |
| 1972 | 3.98 constant 2015 US$ per US$ of GDP | -1.4% |
| 1973 | 3.46 constant 2015 US$ per US$ of GDP | -13.0% |
| 1974 | 2.63 constant 2015 US$ per US$ of GDP | -24.0% |
| 1975 | 2.55 constant 2015 US$ per US$ of GDP | -3.2% |
| 1976 | 2.04 constant 2015 US$ per US$ of GDP | -20.0% |
| 1977 | 1.75 constant 2015 US$ per US$ of GDP | -14.0% |
| 1978 | 1.43 constant 2015 US$ per US$ of GDP | -18.3% |
| 1979 | 1.2 constant 2015 US$ per US$ of GDP | -16.2% |
| 1980 | 1.3 constant 2015 US$ per US$ of GDP | +8.3% |
| 1981 | 1.24 constant 2015 US$ per US$ of GDP | -4.8% |
| 1982 | 1.26 constant 2015 US$ per US$ of GDP | +2.0% |
| 1983 | 1.24 constant 2015 US$ per US$ of GDP | -1.9% |
| 1984 | 1.21 constant 2015 US$ per US$ of GDP | -1.9% |
| 1985 | 1.27 constant 2015 US$ per US$ of GDP | +4.6% |
| 1986 | 1.21 constant 2015 US$ per US$ of GDP | -4.3% |
| 1987 | 1.07 constant 2015 US$ per US$ of GDP | -11.5% |
| 1988 | 0.8951 constant 2015 US$ per US$ of GDP | -16.5% |
| 1989 | 0.7915 constant 2015 US$ per US$ of GDP | -11.6% |
| 1990 | 0.7543 constant 2015 US$ per US$ of GDP | -4.7% |
| 1991 | 0.7144 constant 2015 US$ per US$ of GDP | -5.3% |
| 1992 | 0.717 constant 2015 US$ per US$ of GDP | +0.4% |
| 1993 | 0.7027 constant 2015 US$ per US$ of GDP | -2.0% |
| 1994 | 0.6509 constant 2015 US$ per US$ of GDP | -7.4% |
| 1995 | 0.5801 constant 2015 US$ per US$ of GDP | -10.9% |
| 1996 | 0.5823 constant 2015 US$ per US$ of GDP | +0.4% |
| 1997 | 0.6702 constant 2015 US$ per US$ of GDP | +15.1% |
| 1998 | 0.9745 constant 2015 US$ per US$ of GDP | +45.4% |
| 1999 | 0.8257 constant 2015 US$ per US$ of GDP | -15.3% |
| 2000 | 0.7689 constant 2015 US$ per US$ of GDP | -6.9% |
| 2001 | 0.8555 constant 2015 US$ per US$ of GDP | +11.3% |
| 2002 | 0.8108 constant 2015 US$ per US$ of GDP | -5.2% |
| 2003 | 0.7408 constant 2015 US$ per US$ of GDP | -8.6% |
| 2004 | 0.6769 constant 2015 US$ per US$ of GDP | -8.6% |
| 2005 | 0.5998 constant 2015 US$ per US$ of GDP | -11.4% |
| 2006 | 0.558 constant 2015 US$ per US$ of GDP | -7.0% |
| 2007 | 0.5302 constant 2015 US$ per US$ of GDP | -5.0% |
| 2008 | 0.6157 constant 2015 US$ per US$ of GDP | +16.1% |
| 2009 | 0.6956 constant 2015 US$ per US$ of GDP | +13.0% |
| 2010 | 0.6023 constant 2015 US$ per US$ of GDP | -13.4% |
| 2011 | 0.5707 constant 2015 US$ per US$ of GDP | -5.2% |
| 2012 | 0.5776 constant 2015 US$ per US$ of GDP | +1.2% |
| 2013 | 0.5566 constant 2015 US$ per US$ of GDP | -3.6% |
| 2014 | 0.5285 constant 2015 US$ per US$ of GDP | -5.0% |
| 2015 | 0.5511 constant 2015 US$ per US$ of GDP | +4.3% |
| 2016 | 0.5555 constant 2015 US$ per US$ of GDP | +0.8% |
| 2017 | 0.5274 constant 2015 US$ per US$ of GDP | -5.1% |
| 2018 | 0.5152 constant 2015 US$ per US$ of GDP | -2.3% |
| 2019 | 0.5571 constant 2015 US$ per US$ of GDP | +8.1% |
| 2020 | 0.5569 constant 2015 US$ per US$ of GDP | -0.0% |
| 2021 | 0.5218 constant 2015 US$ per US$ of GDP | -6.3% |
| 2022 | 0.5847 constant 2015 US$ per US$ of GDP | +12.0% |
| 2023 | 0.5856 constant 2015 US$ per US$ of GDP | +0.2% |
| 2024 | 0.5853 constant 2015 US$ per US$ of GDP | -0.0% |
| 2025 | 0.5965 constant 2015 US$ per US$ of GDP | +1.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 5.02 constant 2015 US$ per US$ of GDP | 3.83 constant 2015 US$ per US$ of GDP | 6.33 constant 2015 US$ per US$ of GDP | 10 |
| 1970s | 2.7 constant 2015 US$ per US$ of GDP | 1.2 constant 2015 US$ per US$ of GDP | 4.03 constant 2015 US$ per US$ of GDP | 10 |
| 1980s | 1.15 constant 2015 US$ per US$ of GDP | 0.7915 constant 2015 US$ per US$ of GDP | 1.3 constant 2015 US$ per US$ of GDP | 10 |
| 1990s | 0.7172 constant 2015 US$ per US$ of GDP | 0.5801 constant 2015 US$ per US$ of GDP | 0.9745 constant 2015 US$ per US$ of GDP | 10 |
| 2000s | 0.6852 constant 2015 US$ per US$ of GDP | 0.5302 constant 2015 US$ per US$ of GDP | 0.8555 constant 2015 US$ per US$ of GDP | 10 |
| 2010s | 0.5542 constant 2015 US$ per US$ of GDP | 0.5152 constant 2015 US$ per US$ of GDP | 0.6023 constant 2015 US$ per US$ of GDP | 10 |
| 2020s | 0.5718 constant 2015 US$ per US$ of GDP | 0.5218 constant 2015 US$ per US$ of GDP | 0.5965 constant 2015 US$ per US$ of GDP | 6 |
Countries ranked near Republic of Korea
- 33 Saint Kitts and Nevis 0.6062 constant 2015 US$ per US$ of GDP compare
- 34 Seychelles 0.6006 constant 2015 US$ per US$ of GDP compare
- 35 Botswana 0.5994 constant 2015 US$ per US$ of GDP compare
- 37 France 0.5937 constant 2015 US$ per US$ of GDP compare
- 38 Libya 0.5912 constant 2015 US$ per US$ of GDP compare
- 39 Saint Lucia 0.5886 constant 2015 US$ per US$ of GDP compare
More economy & growth data for Republic of Korea
- Services, value added (current US$), annual growth rate -0.6343 % change on previous year (2025)
- Services, value added (current US$), per unit of GDP 0.5723 current US$ per US$ of GDP (2025)
- Services, value added (current US$), per capita 20,732 current US$ per person (2025)
- Services, value added (current LCU), annual growth rate 3.67 % change on previous year (2025)
- Services, value added (current LCU), per unit of GDP 814.03 current LCU per US$ of GDP (2025)
- Services, value added (current LCU), per capita 29.49 million current LCU per person (2025)
- Services, value added (constant 2015 US$), annual growth rate 1.74 % change on previous year (2025)
- Services, value added (constant 2015 US$), per capita 21,609 constant 2015 US$ per person (2025)
- 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)
Frequently asked questions
- What is services, value added (constant 2015 us$), per unit of gdp in Republic of Korea?
- Services, value added (constant 2015 us$), per unit of gdp in Republic of Korea was 0.5965 constant 2015 US$ per US$ of GDP in 2025, according to Statizoid (derived).
- What is the highest services, value added (constant 2015 us$), per unit of gdp recorded in Republic of Korea?
- The highest recorded value was 6.33 constant 2015 US$ per US$ of GDP in 1961.
- What is the lowest services, value added (constant 2015 us$), per unit of gdp recorded in Republic of Korea?
- The lowest recorded value was 0.5152 constant 2015 US$ per US$ of GDP in 2018.
- How does Republic of Korea rank for services, value added (constant 2015 us$), per unit of gdp?
- Republic of Korea ranks 36th out of 195 countries with data for 2025.
- Is services, value added (constant 2015 us$), per unit of gdp rising or falling in Republic of Korea?
- Over the last ten years it is up 8.2%. 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 Services, value added (constant 2015 US$), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Services, value added (constant 2015 US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Services, value added (constant 2015 US$) ÷ GDP (current US$)
Computed from
- Services, value added Country official statistics, National Statistical Offices (NSOs)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Services, value added (constant 2015 US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.