Services, value added (current US$), annual growth rate in South Korea
South Korea: Services, value added (current US$), annual growth rate was -0.6343 % change on previous year in 2025. ◆ Volatile
Latest (2025)
-0.6343 % change on previous year
Change on year
up 13.2%
World rank
194th
of 204 countries
All-time high
43.15 % change on previous year
in 1974
All-time low
-41.31 % change on previous year
in 1961
Years of data
65
1961–2025
Services, value added (current US$), annual growth rate in South Korea, 1961–2025
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2025, services, value added (current us$), annual growth rate in South Korea stood at -0.6343 % change on previous year.
That represents a change of up 13.2% on the previous year and up 49.1% over ten years.
Over the whole period, services, value added (current us$), annual growth rate in South Korea peaked at 43.15 % change on previous year in 1974 and was at its lowest, -41.31 % change on previous year, in 1961.
South Korea ranks 194th of 204 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Services, value added (current US$), annual growth rate in South Korea, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1961 | -41.31 % change on previous year | — |
| 1962 | 19.15 % change on previous year | -146.4% |
| 1963 | 23.17 % change on previous year | +21.0% |
| 1964 | -21.93 % change on previous year | -194.7% |
| 1965 | 2.25 % change on previous year | -110.3% |
| 1966 | 34.62 % change on previous year | +1437.0% |
| 1967 | 34.21 % change on previous year | -1.2% |
| 1968 | 26.14 % change on previous year | -23.6% |
| 1969 | 25.84 % change on previous year | -1.2% |
| 1970 | 19.3 % change on previous year | -25.3% |
| 1971 | 13.59 % change on previous year | -29.6% |
| 1972 | 10.63 % change on previous year | -21.8% |
| 1973 | 25.47 % change on previous year | +139.7% |
| 1974 | 43.15 % change on previous year | +69.4% |
| 1975 | 7.95 % change on previous year | -81.6% |
| 1976 | 35.84 % change on previous year | +350.6% |
| 1977 | 29.15 % change on previous year | -18.7% |
| 1978 | 34.3 % change on previous year | +17.7% |
| 1979 | 29.41 % change on previous year | -14.3% |
| 1980 | 6.52 % change on previous year | -77.8% |
| 1981 | 12.17 % change on previous year | +86.6% |
| 1982 | 9.07 % change on previous year | -25.5% |
| 1983 | 10.59 % change on previous year | +16.8% |
| 1984 | 11.29 % change on previous year | +6.6% |
| 1985 | 6.66 % change on previous year | -41.0% |
| 1986 | 17.16 % change on previous year | +157.6% |
| 1987 | 27.62 % change on previous year | +61.0% |
| 1988 | 34.08 % change on previous year | +23.4% |
| 1989 | 27.77 % change on previous year | -18.5% |
| 1990 | 15.3 % change on previous year | -44.9% |
| 1991 | 18.15 % change on previous year | +18.7% |
| 1992 | 10.6 % change on previous year | -41.6% |
| 1993 | 11.95 % change on previous year | +12.7% |
| 1994 | 17.99 % change on previous year | +50.5% |
| 1995 | 22.43 % change on previous year | +24.7% |
| 1996 | 9.9 % change on previous year | -55.8% |
| 1997 | -5.67 % change on previous year | -157.3% |
| 1998 | -30.47 % change on previous year | +437.3% |
| 1999 | 28.97 % change on previous year | -195.1% |
| 2000 | 15.68 % change on previous year | -45.9% |
| 2001 | -2.71 % change on previous year | -117.3% |
| 2002 | 15.6 % change on previous year | -675.5% |
| 2003 | 12.58 % change on previous year | -19.4% |
| 2004 | 11.39 % change on previous year | -9.4% |
| 2005 | 19.64 % change on previous year | +72.4% |
| 2006 | 14.23 % change on previous year | -27.5% |
| 2007 | 12.2 % change on previous year | -14.3% |
| 2008 | -8.85 % change on previous year | -172.6% |
| 2009 | -10.42 % change on previous year | +17.8% |
| 2010 | 18.3 % change on previous year | -275.6% |
| 2011 | 9.21 % change on previous year | -49.7% |
| 2012 | 2.7 % change on previous year | -70.7% |
| 2013 | 7.35 % change on previous year | +172.1% |
| 2014 | 8.99 % change on previous year | +22.3% |
| 2015 | -1.25 % change on previous year | -113.9% |
| 2016 | 2.34 % change on previous year | -288.2% |
| 2017 | 7.49 % change on previous year | +219.6% |
| 2018 | 8.27 % change on previous year | +10.5% |
| 2019 | -1.32 % change on previous year | -116.0% |
| 2020 | -0.4288 % change on previous year | -67.6% |
| 2021 | 11.33 % change on previous year | -2742.1% |
| 2022 | -5.45 % change on previous year | -148.1% |
| 2023 | 3.96 % change on previous year | -172.6% |
| 2024 | -0.7309 % change on previous year | -118.5% |
| 2025 | -0.6343 % change on previous year | -13.2% |
South Korea compared with similar countries
- South Korea's -0.6343 % change on previous year is below the median for high income countries, which is 8.04 % change on previous year. (77 countries reporting)
- South Korea's -0.6343 % change on previous year is below the median for East Asia & Pacific, which is 6.62 % change on previous year. (31 countries reporting)
Biggest year-on-year movements
Years where Services, value added (current US$), annual growth rate in South Korea changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2021 | +2742.1% | -0.4288 % change on previous year | 11.33 % change on previous year |
| 1966 | +1437.0% | 2.25 % change on previous year | 34.62 % change on previous year |
| 2002 | +675.5% | -2.71 % change on previous year | 15.6 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 11.35 % change on previous year | -41.31 % change on previous year | 34.62 % change on previous year | 9 |
| 1970s | 24.88 % change on previous year | 7.95 % change on previous year | 43.15 % change on previous year | 10 |
| 1980s | 16.29 % change on previous year | 6.52 % change on previous year | 34.08 % change on previous year | 10 |
| 1990s | 9.91 % change on previous year | -30.47 % change on previous year | 28.97 % change on previous year | 10 |
| 2000s | 7.93 % change on previous year | -10.42 % change on previous year | 19.64 % change on previous year | 10 |
| 2010s | 6.21 % change on previous year | -1.32 % change on previous year | 18.3 % change on previous year | 10 |
| 2020s | 1.34 % change on previous year | -5.45 % change on previous year | 11.33 % change on previous year | 6 |
Countries ranked near South Korea
- 191 Trinidad and Tobago 0.429 % change on previous year compare
- 192 Mozambique 0.4244 % change on previous year compare
- 193 Papua New Guinea -0.1907 % change on previous year compare
- 195 Japan -3.58 % change on previous year compare
- 196 Libya -5.8 % change on previous year compare
- 197 French Polynesia -7.78 % change on previous year compare
More economy & growth data for South Korea
- SDRs holdings, US dollar, annual growth rate 7.89 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0085 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 307.17 units per person (2025)
- SDRs holdings, SDR, annual growth rate 2.74 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0062 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 224.29 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 4.58 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0047 units per US$ of GDP (2025)
- IMF holdings of currency, US dollar, per capita 168.75 units per person (2025)
- IMF holdings of currency, SDR, annual growth rate -0.4147 % change on previous year (2025)
Frequently asked questions
- What is services, value added (current us$), annual growth rate in South Korea?
- Services, value added (current us$), annual growth rate in South Korea was -0.6343 % change on previous year in 2025, according to Statizoid (derived).
- What is the highest services, value added (current us$), annual growth rate recorded in South Korea?
- The highest recorded value was 43.15 % change on previous year in 1974.
- What is the lowest services, value added (current us$), annual growth rate recorded in South Korea?
- The lowest recorded value was -41.31 % change on previous year in 1961.
- How does South Korea rank for services, value added (current us$), annual growth rate?
- South Korea ranks 194th out of 204 countries with data for 2025.
- Is services, value added (current us$), annual growth rate rising or falling in South Korea?
- Over the last ten years it is up 49.1%. The long-run trend across the full record is volatile.
- Where does this South Korea data come from?
- The figures come from Statizoid (derived), published as part of Services, value added (current US$), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 65 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Services, value added (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Services, 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 Services, value added (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.