Share of service in total exports in South Korea
South Korea: Share of service in total exports was 718.94 billion BoP, current US$ in 2025. ◆ Volatile
Latest (2025)
718.94 billion BoP, current US$
Change on year
up 2.1%
World rank
5th
of 198 countries
All-time high
718.94 billion BoP, current US$
in 2025
All-time low
7.81 billion BoP, current US$
in 1976
Years of data
50
1976–2025
Share of service in total exports in South Korea, 1976–2025
Source: International Monetary Fund (IMF), via World Bank (2026) – processed by Our World in Data. Measured in BoP, current US$.
Analysis
The most recent figure for share of service in total exports in South Korea is 718.94 billion BoP, current US$, measured in 2025. That is the highest value across all 50 years on record.
That represents a change of up 2.1% on the previous year and up 32.4% over ten years.
Over the whole period, share of service in total exports in South Korea peaked at 718.94 billion BoP, current US$ in 2025 and was at its lowest, 7.81 billion BoP, current US$, in 1976.
South Korea ranks 5th of 198 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Share of service in total exports in South Korea, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 1976 | 7.81 billion BoP, current US$ | — |
| 1977 | 10.05 billion BoP, current US$ | +28.6% |
| 1978 | 12.71 billion BoP, current US$ | +26.5% |
| 1979 | 14.71 billion BoP, current US$ | +15.7% |
| 1980 | 15.02 billion BoP, current US$ | +2.1% |
| 1981 | 18.01 billion BoP, current US$ | +20.0% |
| 1982 | 16.69 billion BoP, current US$ | -7.4% |
| 1983 | 19.00 billion BoP, current US$ | +13.9% |
| 1984 | 22.35 billion BoP, current US$ | +17.6% |
| 1985 | 20.77 billion BoP, current US$ | -7.0% |
| 1986 | 31.16 billion BoP, current US$ | +50.0% |
| 1987 | 43.71 billion BoP, current US$ | +40.3% |
| 1988 | 56.35 billion BoP, current US$ | +28.9% |
| 1989 | 57.86 billion BoP, current US$ | +2.7% |
| 1990 | 59.86 billion BoP, current US$ | +3.5% |
| 1991 | 67.40 billion BoP, current US$ | +12.6% |
| 1992 | 73.49 billion BoP, current US$ | +9.0% |
| 1993 | 80.79 billion BoP, current US$ | +9.9% |
| 1994 | 91.98 billion BoP, current US$ | +13.9% |
| 1995 | 119.58 billion BoP, current US$ | +30.0% |
| 1996 | 124.43 billion BoP, current US$ | +4.1% |
| 1997 | 132.37 billion BoP, current US$ | +6.4% |
| 1998 | 127.54 billion BoP, current US$ | -3.6% |
| 1999 | 136.03 billion BoP, current US$ | +6.7% |
| 2000 | 169.52 billion BoP, current US$ | +24.6% |
| 2001 | 146.42 billion BoP, current US$ | -13.6% |
| 2002 | 160.96 billion BoP, current US$ | +9.9% |
| 2003 | 194.91 billion BoP, current US$ | +21.1% |
| 2004 | 256.05 billion BoP, current US$ | +31.4% |
| 2005 | 285.26 billion BoP, current US$ | +11.4% |
| 2006 | 329.11 billion BoP, current US$ | +15.4% |
| 2007 | 382.80 billion BoP, current US$ | +16.3% |
| 2008 | 432.91 billion BoP, current US$ | +13.1% |
| 2009 | 363.93 billion BoP, current US$ | -15.9% |
| 2010 | 463.83 billion BoP, current US$ | +27.5% |
| 2011 | 587.21 billion BoP, current US$ | +26.6% |
| 2012 | 603.66 billion BoP, current US$ | +2.8% |
| 2013 | 618.39 billion BoP, current US$ | +2.4% |
| 2014 | 613.40 billion BoP, current US$ | -0.8% |
| 2015 | 543.08 billion BoP, current US$ | -11.5% |
| 2016 | 511.93 billion BoP, current US$ | -5.7% |
| 2017 | 580.31 billion BoP, current US$ | +13.4% |
| 2018 | 626.27 billion BoP, current US$ | +7.9% |
| 2019 | 556.67 billion BoP, current US$ | -11.1% |
| 2020 | 520.83 billion BoP, current US$ | -6.4% |
| 2021 | 655.64 billion BoP, current US$ | +25.9% |
| 2022 | 697.75 billion BoP, current US$ | +6.4% |
| 2023 | 642.12 billion BoP, current US$ | -8.0% |
| 2024 | 703.98 billion BoP, current US$ | +9.6% |
| 2025 | 718.94 billion BoP, current US$ | +2.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 11.32 billion BoP, current US$ | 7.81 billion BoP, current US$ | 14.71 billion BoP, current US$ | 4 |
| 1980s | 30.09 billion BoP, current US$ | 15.02 billion BoP, current US$ | 57.86 billion BoP, current US$ | 10 |
| 1990s | 101.35 billion BoP, current US$ | 59.86 billion BoP, current US$ | 136.03 billion BoP, current US$ | 10 |
| 2000s | 272.19 billion BoP, current US$ | 146.42 billion BoP, current US$ | 432.91 billion BoP, current US$ | 10 |
| 2010s | 570.48 billion BoP, current US$ | 463.83 billion BoP, current US$ | 626.27 billion BoP, current US$ | 10 |
| 2020s | 656.54 billion BoP, current US$ | 520.83 billion BoP, current US$ | 718.94 billion BoP, current US$ | 6 |
Countries ranked near South Korea
- 2 United States 2.20 trillion BoP, current US$ compare
- 3 Germany 1.53 trillion BoP, current US$ compare
- 4 Japan 725.22 billion BoP, current US$ compare
- 6 France 704.38 billion BoP, current US$ compare
- 7 Netherlands 693.12 billion BoP, current US$ compare
- 8 Mexico 665.60 billion BoP, current US$ compare
More economy & growth data for South Korea
- Industry (including construction), value added (constant 2015 US$) 0.1897 % change on previous year (2025)
- Industry (including construction), value added (constant 2015 US$) 0.3525 constant 2015 US$ per US$ of GDP (2025)
- Industry (including construction), value added (constant 2015 US$) 12,771 constant 2015 US$ per person (2025)
- Industry (including construction), value added (constant LCU), annual 0.1898 % change on previous year (2025)
- Industry (including construction), value added (constant LCU), per 410.21 constant LCU per US$ of GDP (2025)
- Industry (including construction), value added (constant LCU), per 14.86 million constant LCU per person (2025)
- 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)
Frequently asked questions
- What is share of service in total exports in South Korea?
- Share of service in total exports in South Korea was 718.94 billion BoP, current US$ in 2025, according to International Monetary Fund (IMF), via World Bank (2026) – processed by Our World in Data.
- What is the highest share of service in total exports recorded in South Korea?
- The highest recorded value was 718.94 billion BoP, current US$ in 2025.
- What is the lowest share of service in total exports recorded in South Korea?
- The lowest recorded value was 7.81 billion BoP, current US$ in 1976.
- How does South Korea rank for share of service in total exports?
- South Korea ranks 5th out of 198 countries with data for 2025.
- Is share of service in total exports rising or falling in South Korea?
- Over the last ten years it is up 32.4%. The long-run trend across the full record is volatile.
- Where does this South Korea data come from?
- The figures come from International Monetary Fund (IMF), via World Bank (2026) – processed by Our World in Data, published as part of Share of service in total exports. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 50 observations, free to reuse under CC BY 4.0 (Our World in Data).
About this data
Services refer to economic output of intangible commodities that may be produced, transferred, and consumed at the same time. The share of services in total exports comes from comparing trade in goods and services at current US dollars.