Services, value added (constant LCU), per unit of GDP in Republic of Korea
Republic of Korea: Services, value added (constant LCU), per unit of GDP was 719.55 constant LCU per US$ of GDP in 2025. ◆ Volatile
Services, value added (constant LCU), per unit of GDP in Republic of Korea, 1960–2025
Source: Statizoid (derived). Measured in constant LCU per US$ of GDP.
Analysis
The most recent figure for services, value added (constant lcu), per unit of gdp in Republic of Korea is 719.55 constant LCU per US$ of GDP, measured in 2025.
The figure is up 1.9% on the previous year and up 8.2% over ten years.
Over the whole period, services, value added (constant lcu), per unit of gdp in Republic of Korea peaked at 7,632 constant LCU per US$ of GDP in 1961 and was at its lowest, 621.43 constant LCU per US$ of GDP, in 2018.
Republic of Korea ranks 12th of 197 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Services, value added (constant LCU), per unit of GDP in Republic of Korea, year by year
| Year | constant LCU per US$ of GDP | Change |
|---|---|---|
| 1960 | 4,616 constant LCU per US$ of GDP | — |
| 1961 | 7,632 constant LCU per US$ of GDP | +65.3% |
| 1962 | 7,051 constant LCU per US$ of GDP | -7.6% |
| 1963 | 5,253 constant LCU per US$ of GDP | -25.5% |
| 1964 | 6,134 constant LCU per US$ of GDP | +16.8% |
| 1965 | 7,257 constant LCU per US$ of GDP | +18.3% |
| 1966 | 6,406 constant LCU per US$ of GDP | -11.7% |
| 1967 | 5,853 constant LCU per US$ of GDP | -8.6% |
| 1968 | 5,394 constant LCU per US$ of GDP | -7.9% |
| 1969 | 4,914 constant LCU per US$ of GDP | -8.9% |
| 1970 | 4,774 constant LCU per US$ of GDP | -2.8% |
| 1971 | 4,864 constant LCU per US$ of GDP | +1.9% |
| 1972 | 4,798 constant LCU per US$ of GDP | -1.4% |
| 1973 | 4,176 constant LCU per US$ of GDP | -13.0% |
| 1974 | 3,174 constant LCU per US$ of GDP | -24.0% |
| 1975 | 3,072 constant LCU per US$ of GDP | -3.2% |
| 1976 | 2,458 constant LCU per US$ of GDP | -20.0% |
| 1977 | 2,113 constant LCU per US$ of GDP | -14.0% |
| 1978 | 1,725 constant LCU per US$ of GDP | -18.3% |
| 1979 | 1,446 constant LCU per US$ of GDP | -16.2% |
| 1980 | 1,566 constant LCU per US$ of GDP | +8.3% |
| 1981 | 1,492 constant LCU per US$ of GDP | -4.8% |
| 1982 | 1,521 constant LCU per US$ of GDP | +2.0% |
| 1983 | 1,491 constant LCU per US$ of GDP | -1.9% |
| 1984 | 1,462 constant LCU per US$ of GDP | -1.9% |
| 1985 | 1,529 constant LCU per US$ of GDP | +4.6% |
| 1986 | 1,463 constant LCU per US$ of GDP | -4.3% |
| 1987 | 1,294 constant LCU per US$ of GDP | -11.5% |
| 1988 | 1,080 constant LCU per US$ of GDP | -16.5% |
| 1989 | 954.76 constant LCU per US$ of GDP | -11.6% |
| 1990 | 909.92 constant LCU per US$ of GDP | -4.7% |
| 1991 | 861.78 constant LCU per US$ of GDP | -5.3% |
| 1992 | 864.89 constant LCU per US$ of GDP | +0.4% |
| 1993 | 847.64 constant LCU per US$ of GDP | -2.0% |
| 1994 | 785.19 constant LCU per US$ of GDP | -7.4% |
| 1995 | 699.81 constant LCU per US$ of GDP | -10.9% |
| 1996 | 702.45 constant LCU per US$ of GDP | +0.4% |
| 1997 | 808.51 constant LCU per US$ of GDP | +15.1% |
| 1998 | 1,176 constant LCU per US$ of GDP | +45.4% |
| 1999 | 996.04 constant LCU per US$ of GDP | -15.3% |
| 2000 | 927.53 constant LCU per US$ of GDP | -6.9% |
| 2001 | 1,032 constant LCU per US$ of GDP | +11.3% |
| 2002 | 978.09 constant LCU per US$ of GDP | -5.2% |
| 2003 | 893.66 constant LCU per US$ of GDP | -8.6% |
| 2004 | 816.53 constant LCU per US$ of GDP | -8.6% |
| 2005 | 723.52 constant LCU per US$ of GDP | -11.4% |
| 2006 | 673.14 constant LCU per US$ of GDP | -7.0% |
| 2007 | 639.53 constant LCU per US$ of GDP | -5.0% |
| 2008 | 742.68 constant LCU per US$ of GDP | +16.1% |
| 2009 | 839.05 constant LCU per US$ of GDP | +13.0% |
| 2010 | 726.51 constant LCU per US$ of GDP | -13.4% |
| 2011 | 688.38 constant LCU per US$ of GDP | -5.2% |
| 2012 | 696.78 constant LCU per US$ of GDP | +1.2% |
| 2013 | 671.39 constant LCU per US$ of GDP | -3.6% |
| 2014 | 637.58 constant LCU per US$ of GDP | -5.0% |
| 2015 | 664.82 constant LCU per US$ of GDP | +4.3% |
| 2016 | 670.06 constant LCU per US$ of GDP | +0.8% |
| 2017 | 636.22 constant LCU per US$ of GDP | -5.1% |
| 2018 | 621.43 constant LCU per US$ of GDP | -2.3% |
| 2019 | 671.99 constant LCU per US$ of GDP | +8.1% |
| 2020 | 671.8 constant LCU per US$ of GDP | -0.0% |
| 2021 | 629.46 constant LCU per US$ of GDP | -6.3% |
| 2022 | 705.29 constant LCU per US$ of GDP | +12.0% |
| 2023 | 706.36 constant LCU per US$ of GDP | +0.2% |
| 2024 | 706.09 constant LCU per US$ of GDP | -0.0% |
| 2025 | 719.55 constant LCU per US$ of GDP | +1.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 6,051 constant LCU per US$ of GDP | 4,616 constant LCU per US$ of GDP | 7,632 constant LCU per US$ of GDP | 10 |
| 1970s | 3,260 constant LCU per US$ of GDP | 1,446 constant LCU per US$ of GDP | 4,864 constant LCU per US$ of GDP | 10 |
| 1980s | 1,385 constant LCU per US$ of GDP | 954.76 constant LCU per US$ of GDP | 1,566 constant LCU per US$ of GDP | 10 |
| 1990s | 865.17 constant LCU per US$ of GDP | 699.81 constant LCU per US$ of GDP | 1,176 constant LCU per US$ of GDP | 10 |
| 2000s | 826.58 constant LCU per US$ of GDP | 639.53 constant LCU per US$ of GDP | 1,032 constant LCU per US$ of GDP | 10 |
| 2010s | 668.52 constant LCU per US$ of GDP | 621.43 constant LCU per US$ of GDP | 726.51 constant LCU per US$ of GDP | 10 |
| 2020s | 689.76 constant LCU per US$ of GDP | 629.46 constant LCU per US$ of GDP | 719.55 constant LCU per US$ of GDP | 6 |
Countries ranked near Republic of Korea
- 9 Uganda 1,138 constant LCU per US$ of GDP compare
- 10 Cambodia 1,095 constant LCU per US$ of GDP compare
- 11 Uzbekistan 762.95 constant LCU per US$ of GDP compare
- 13 Rwanda 688.99 constant LCU per US$ of GDP compare
- 14 Tanzania, United Republic of 686.39 constant LCU per US$ of GDP compare
- 15 Mongolia 662.47 constant LCU per US$ of GDP compare
More economy & growth data for Republic of Korea
- Exports of goods and services (current LCU), annual growth rate 7.46 % change on previous year (2025)
- Exports of goods and services (current LCU), per unit of GDP 650.96 current LCU per US$ of GDP (2025)
- Exports of goods and services (current LCU), per capita 23.58 million current LCU per person (2025)
- Exports of goods and services (constant 2015 US$), annual growth rate 4.22 % change on previous year (2025)
- Exports of goods and services (constant 2015 US$), per unit of GDP 0.4777 constant 2015 US$ per US$ of GDP (2025)
- Exports of goods and services (constant 2015 US$), per capita 17,305 constant 2015 US$ per person (2025)
- Gross fixed capital formation (current US$), annual growth rate -5.81 % change on previous year (2025)
- Gross fixed capital formation (current US$), per unit of GDP 0.2833 current US$ per US$ of GDP (2025)
- Gross fixed capital formation (current US$), per capita 10,263 current US$ per person (2025)
- Gross fixed capital formation (current LCU), per unit of GDP 402.98 current LCU per US$ of GDP (2025)
Frequently asked questions
- What is services, value added (constant lcu), per unit of gdp in Republic of Korea?
- Services, value added (constant lcu), per unit of gdp in Republic of Korea was 719.55 constant LCU per US$ of GDP in 2025, according to Statizoid (derived).
- What is the highest services, value added (constant lcu), per unit of gdp recorded in Republic of Korea?
- The highest recorded value was 7,632 constant LCU per US$ of GDP in 1961.
- What is the lowest services, value added (constant lcu), per unit of gdp recorded in Republic of Korea?
- The lowest recorded value was 621.43 constant LCU per US$ of GDP in 2018.
- How does Republic of Korea rank for services, value added (constant lcu), per unit of gdp?
- Republic of Korea ranks 12th out of 197 countries with data for 2025.
- Is services, value added (constant lcu), 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 LCU), per unit of GDP. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 66 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Services, value added (constant LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Services, value added (constant LCU) ÷ GDP (current US$)
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 LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.