Services, value added (current US$), per unit of GDP in Republic of Korea
Republic of Korea: Services, value added (current US$), per unit of GDP was 0.5723 current US$ per US$ of GDP in 2025. ▲ Rising
Services, value added (current US$), per unit of GDP in Republic of Korea, 1960–2025
Source: Statizoid (derived). Measured in current US$ per US$ of GDP.
Analysis
The most recent figure for services, value added (current us$), per unit of gdp in Republic of Korea is 0.5723 current US$ per US$ of GDP, measured in 2025.
Compared with earlier readings it is down 0.5% on the previous year and up 3.8% over ten years.
Over the whole period, services, value added (current us$), per unit of gdp in Republic of Korea peaked at 0.5888 current US$ per US$ of GDP in 2023 and was at its lowest, 0.3021 current US$ per US$ of GDP, in 1964.
Republic of Korea ranks 105th of 204 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 66 years of available data.
Services, value added (current US$), per unit of GDP in Republic of Korea, year by year
| Year | current US$ per US$ of GDP | Change |
|---|---|---|
| 1960 | 0.3931 current US$ per US$ of GDP | — |
| 1961 | 0.3777 current US$ per US$ of GDP | -3.9% |
| 1962 | 0.3864 current US$ per US$ of GDP | +2.3% |
| 1963 | 0.3357 current US$ per US$ of GDP | -13.1% |
| 1964 | 0.3021 current US$ per US$ of GDP | -10.0% |
| 1965 | 0.3419 current US$ per US$ of GDP | +13.2% |
| 1966 | 0.3654 current US$ per US$ of GDP | +6.9% |
| 1967 | 0.3964 current US$ per US$ of GDP | +8.5% |
| 1968 | 0.3969 current US$ per US$ of GDP | +0.1% |
| 1969 | 0.3977 current US$ per US$ of GDP | +0.2% |
| 1970 | 0.4044 current US$ per US$ of GDP | +1.7% |
| 1971 | 0.4172 current US$ per US$ of GDP | +3.1% |
| 1972 | 0.4201 current US$ per US$ of GDP | +0.7% |
| 1973 | 0.4118 current US$ per US$ of GDP | -2.0% |
| 1974 | 0.4176 current US$ per US$ of GDP | +1.4% |
| 1975 | 0.4046 current US$ per US$ of GDP | -3.1% |
| 1976 | 0.4004 current US$ per US$ of GDP | -1.0% |
| 1977 | 0.402 current US$ per US$ of GDP | +0.4% |
| 1978 | 0.3993 current US$ per US$ of GDP | -0.7% |
| 1979 | 0.4009 current US$ per US$ of GDP | +0.4% |
| 1980 | 0.4369 current US$ per US$ of GDP | +9.0% |
| 1981 | 0.439 current US$ per US$ of GDP | +0.5% |
| 1982 | 0.4451 current US$ per US$ of GDP | +1.4% |
| 1983 | 0.439 current US$ per US$ of GDP | -1.4% |
| 1984 | 0.4389 current US$ per US$ of GDP | -0.0% |
| 1985 | 0.45 current US$ per US$ of GDP | +2.5% |
| 1986 | 0.4561 current US$ per US$ of GDP | +1.3% |
| 1987 | 0.4586 current US$ per US$ of GDP | +0.6% |
| 1988 | 0.4556 current US$ per US$ of GDP | -0.7% |
| 1989 | 0.4705 current US$ per US$ of GDP | +3.3% |
| 1990 | 0.4722 current US$ per US$ of GDP | +0.4% |
| 1991 | 0.478 current US$ per US$ of GDP | +1.2% |
| 1992 | 0.4912 current US$ per US$ of GDP | +2.7% |
| 1993 | 0.4973 current US$ per US$ of GDP | +1.3% |
| 1994 | 0.4968 current US$ per US$ of GDP | -0.1% |
| 1995 | 0.4971 current US$ per US$ of GDP | +0.1% |
| 1996 | 0.5074 current US$ per US$ of GDP | +2.1% |
| 1997 | 0.5128 current US$ per US$ of GDP | +1.1% |
| 1998 | 0.5287 current US$ per US$ of GDP | +3.1% |
| 1999 | 0.5253 current US$ per US$ of GDP | -0.6% |
| 2000 | 0.5245 current US$ per US$ of GDP | -0.2% |
| 2001 | 0.5372 current US$ per US$ of GDP | +2.4% |
| 2002 | 0.5422 current US$ per US$ of GDP | +0.9% |
| 2003 | 0.5446 current US$ per US$ of GDP | +0.4% |
| 2004 | 0.5369 current US$ per US$ of GDP | -1.4% |
| 2005 | 0.5442 current US$ per US$ of GDP | +1.4% |
| 2006 | 0.5515 current US$ per US$ of GDP | +1.4% |
| 2007 | 0.5551 current US$ per US$ of GDP | +0.6% |
| 2008 | 0.5659 current US$ per US$ of GDP | +2.0% |
| 2009 | 0.5629 current US$ per US$ of GDP | -0.5% |
| 2010 | 0.5488 current US$ per US$ of GDP | -2.5% |
| 2011 | 0.5469 current US$ per US$ of GDP | -0.3% |
| 2012 | 0.5498 current US$ per US$ of GDP | +0.5% |
| 2013 | 0.5493 current US$ per US$ of GDP | -0.1% |
| 2014 | 0.552 current US$ per US$ of GDP | +0.5% |
| 2015 | 0.5511 current US$ per US$ of GDP | -0.2% |
| 2016 | 0.5498 current US$ per US$ of GDP | -0.2% |
| 2017 | 0.5457 current US$ per US$ of GDP | -0.7% |
| 2018 | 0.5539 current US$ per US$ of GDP | +1.5% |
| 2019 | 0.5694 current US$ per US$ of GDP | +2.8% |
| 2020 | 0.5692 current US$ per US$ of GDP | -0.0% |
| 2021 | 0.569 current US$ per US$ of GDP | -0.0% |
| 2022 | 0.5807 current US$ per US$ of GDP | +2.1% |
| 2023 | 0.5888 current US$ per US$ of GDP | +1.4% |
| 2024 | 0.575 current US$ per US$ of GDP | -2.4% |
| 2025 | 0.5723 current US$ per US$ of GDP | -0.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 0.3693 current US$ per US$ of GDP | 0.3021 current US$ per US$ of GDP | 0.3977 current US$ per US$ of GDP | 10 |
| 1970s | 0.4078 current US$ per US$ of GDP | 0.3993 current US$ per US$ of GDP | 0.4201 current US$ per US$ of GDP | 10 |
| 1980s | 0.449 current US$ per US$ of GDP | 0.4369 current US$ per US$ of GDP | 0.4705 current US$ per US$ of GDP | 10 |
| 1990s | 0.5007 current US$ per US$ of GDP | 0.4722 current US$ per US$ of GDP | 0.5287 current US$ per US$ of GDP | 10 |
| 2000s | 0.5465 current US$ per US$ of GDP | 0.5245 current US$ per US$ of GDP | 0.5659 current US$ per US$ of GDP | 10 |
| 2010s | 0.5517 current US$ per US$ of GDP | 0.5457 current US$ per US$ of GDP | 0.5694 current US$ per US$ of GDP | 10 |
| 2020s | 0.5758 current US$ per US$ of GDP | 0.569 current US$ per US$ of GDP | 0.5888 current US$ per US$ of GDP | 6 |
Countries ranked near Republic of Korea
- 102 Bosnia and Herzegovina 0.5769 current US$ per US$ of GDP compare
- 103 Honduras 0.5757 current US$ per US$ of GDP compare
- 104 Liechtenstein 0.5743 current US$ per US$ of GDP compare
- 106 Dominica 0.5722 current US$ per US$ of GDP compare
- 107 Zambia 0.5703 current US$ per US$ of GDP compare
- 108 Ecuador 0.5697 current 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 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 unit of GDP 0.5965 constant 2015 US$ per US$ of GDP (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 (current us$), per unit of gdp in Republic of Korea?
- Services, value added (current us$), per unit of gdp in Republic of Korea was 0.5723 current US$ per US$ of GDP in 2025, according to Statizoid (derived).
- What is the highest services, value added (current us$), per unit of gdp recorded in Republic of Korea?
- The highest recorded value was 0.5888 current US$ per US$ of GDP in 2023.
- What is the lowest services, value added (current us$), per unit of gdp recorded in Republic of Korea?
- The lowest recorded value was 0.3021 current US$ per US$ of GDP in 1964.
- How does Republic of Korea rank for services, value added (current us$), per unit of gdp?
- Republic of Korea ranks 105th out of 204 countries with data for 2025.
- Is services, value added (current us$), per unit of gdp rising or falling in Republic of Korea?
- Over the last ten years it is up 3.8%. The long-run trend across the full record is rising.
- Where does this Republic of Korea data come from?
- The figures come from Statizoid (derived), published as part of Services, value added (current US$), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Services, value added (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Services, value added (current US$) ÷ GDP (current US$)
Computed from
- Services, value added Country official statistics, National Statistical Offices (NSOs)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Services, value added (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.