Value Added Deflator (Manufacturing) — Value US$, 2015 prices, annual in Republic of Korea
Republic of Korea: Value Added Deflator (Manufacturing) — Value US$, 2015 prices, annual was -2.88 % change on previous year in 2023. ◆ Volatile
Value Added Deflator (Manufacturing) — Value US$, 2015 prices, annual in Republic of Korea, 1971–2023
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Republic of Korea recorded -2.88 % change on previous year for value added deflator (manufacturing) — value us$, 2015 prices, annual in 2023.
The figure is up 67.1% on the previous year and down 167.6% over ten years.
Over the whole period, value added deflator (manufacturing) — value us$, 2015 prices, annual in Republic of Korea peaked at 22.86 % change on previous year in 1988 and was at its lowest, -25.6 % change on previous year, in 1998.
That places Republic of Korea 176th out of 222 countries with data for 2023, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Value Added Deflator (Manufacturing) — Value US$, 2015 prices, annual in Republic of Korea, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | -10.11 % change on previous year | — |
| 1972 | 7.15 % change on previous year | -170.7% |
| 1973 | 12.41 % change on previous year | +73.7% |
| 1974 | 17.46 % change on previous year | +40.7% |
| 1975 | -4.52 % change on previous year | -125.9% |
| 1976 | 20.84 % change on previous year | -560.5% |
| 1977 | 8.62 % change on previous year | -58.6% |
| 1978 | 8.32 % change on previous year | -3.5% |
| 1979 | 19.41 % change on previous year | +133.3% |
| 1980 | 0.5431 % change on previous year | -97.2% |
| 1981 | 1.42 % change on previous year | +161.4% |
| 1982 | 2.28 % change on previous year | +60.7% |
| 1983 | 0.7896 % change on previous year | -65.4% |
| 1984 | -0.7264 % change on previous year | -192.0% |
| 1985 | -4.18 % change on previous year | +475.1% |
| 1986 | 4.19 % change on previous year | -200.4% |
| 1987 | 10.65 % change on previous year | +154.0% |
| 1988 | 22.86 % change on previous year | +114.7% |
| 1989 | 14.26 % change on previous year | -37.6% |
| 1990 | -2.74 % change on previous year | -119.2% |
| 1991 | 3.04 % change on previous year | -211.2% |
| 1992 | -1.56 % change on previous year | -151.2% |
| 1993 | 4.08 % change on previous year | -361.8% |
| 1994 | 8.51 % change on previous year | +108.3% |
| 1995 | 10.36 % change on previous year | +21.8% |
| 1996 | -5.18 % change on previous year | -150.0% |
| 1997 | -12.25 % change on previous year | +136.5% |
| 1998 | -25.6 % change on previous year | +108.9% |
| 1999 | 8.73 % change on previous year | -134.1% |
| 2000 | 3.16 % change on previous year | -63.8% |
| 2001 | -12.78 % change on previous year | -504.2% |
| 2002 | 3.27 % change on previous year | -125.6% |
| 2003 | 5.51 % change on previous year | +68.4% |
| 2004 | 10.84 % change on previous year | +96.7% |
| 2005 | 11.1 % change on previous year | +2.4% |
| 2006 | 3.11 % change on previous year | -72.0% |
| 2007 | 4.18 % change on previous year | +34.4% |
| 2008 | -12.78 % change on previous year | -405.9% |
| 2009 | -7.81 % change on previous year | -38.9% |
| 2010 | 13.7 % change on previous year | -275.4% |
| 2011 | 7.56 % change on previous year | -44.8% |
| 2012 | -0.4953 % change on previous year | -106.6% |
| 2013 | 4.25 % change on previous year | -958.7% |
| 2014 | 2.82 % change on previous year | -33.7% |
| 2015 | -4.37 % change on previous year | -255.1% |
| 2016 | -0.605 % change on previous year | -86.2% |
| 2017 | 5.84 % change on previous year | -1065.2% |
| 2018 | 2.2 % change on previous year | -62.4% |
| 2019 | -9.29 % change on previous year | -523.0% |
| 2020 | -0.9448 % change on previous year | -89.8% |
| 2021 | 6.82 % change on previous year | -822.0% |
| 2022 | -8.74 % change on previous year | -228.1% |
| 2023 | -2.88 % change on previous year | -67.1% |
Biggest year-on-year movements
Years where Value Added Deflator (Manufacturing) — Value US$, 2015 prices, annual in Republic of Korea changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2017 | +1065.2% | -0.605 % change on previous year | 5.84 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 8.84 % change on previous year | -10.11 % change on previous year | 20.84 % change on previous year | 9 |
| 1980s | 5.21 % change on previous year | -4.18 % change on previous year | 22.86 % change on previous year | 10 |
| 1990s | -1.26 % change on previous year | -25.6 % change on previous year | 10.36 % change on previous year | 10 |
| 2000s | 0.7811 % change on previous year | -12.78 % change on previous year | 11.1 % change on previous year | 10 |
| 2010s | 2.16 % change on previous year | -9.29 % change on previous year | 13.7 % change on previous year | 10 |
| 2020s | -1.43 % change on previous year | -8.74 % change on previous year | 6.82 % change on previous year | 4 |
Countries ranked near Republic of Korea
- 173 South Africa -2.26 % change on previous year compare
- 174 Czechoslovakia -2.33 % change on previous year compare
- 175 Algeria -2.43 % change on previous year compare
- 177 Sierra Leone -3.34 % change on previous year compare
- 178 Sint Maarten (Dutch part) -3.66 % change on previous year compare
- 179 Myanmar -3.84 % change on previous year compare
More economy & growth data for Republic of Korea
- GDP Deflator — Value Standard Local Currency, 2015 prices, annual 4.05 % change on previous year (2024)
- GDP Deflator — Value US$, 2015 prices, annual growth rate -0.4224 % change on previous year (2024)
- Gross Fixed Capital Formation Deflator — Value Standard Local 1.98 % change on previous year (2024)
- Gross Fixed Capital Formation Deflator — Value US$, 2015 prices -2.41 % change on previous year (2024)
- Gross Domestic Product — Value Standard Local Currency, annual growth 6.16 % change on previous year (2024)
- Gross Domestic Product — Value US$, annual growth rate 1.59 % change on previous year (2024)
- Gross Domestic Product — Value Standard Local Currency, 2015 prices 2.03 % change on previous year (2024)
- Gross Domestic Product — Value US$, 2015 prices, annual growth rate 2.03 % change on previous year (2024)
- Gross Fixed Capital Formation — Value Standard Local Currency, annual 6.06 % change on previous year (2024)
- Gross Fixed Capital Formation — Value US$, annual growth rate 1.5 % change on previous year (2024)
Frequently asked questions
- What is value added deflator (manufacturing) — value us$, 2015 prices, annual in Republic of Korea?
- Value added deflator (manufacturing) — value us$, 2015 prices, annual in Republic of Korea was -2.88 % change on previous year in 2023, according to Statizoid (derived).
- What is the highest value added deflator (manufacturing) — value us$, 2015 prices, annual recorded in Republic of Korea?
- The highest recorded value was 22.86 % change on previous year in 1988.
- What is the lowest value added deflator (manufacturing) — value us$, 2015 prices, annual recorded in Republic of Korea?
- The lowest recorded value was -25.6 % change on previous year in 1998.
- How does Republic of Korea rank for value added deflator (manufacturing) — value us$, 2015 prices, annual?
- Republic of Korea ranks 176th out of 222 countries with data for 2023.
- Is value added deflator (manufacturing) — value us$, 2015 prices, annual rising or falling in Republic of Korea?
- Over the last ten years it is down 167.6%. 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 Value Added Deflator (Manufacturing) — Value US$, 2015 prices, annual growth rate. Statizoid updates them automatically from the source API.
Download this data
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How this figure is calculated
The year-on-year percentage change in Value Added Deflator (Manufacturing) — Value US$, 2015 prices. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Value Added Deflator (Manufacturing) — Value US$, 2015 prices Food and Agriculture Organization of the United Nations
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Value Added Deflator (Manufacturing) — Value US$, 2015 prices. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.