South Korea (2024)
33.9
% of GDP
+1.4pp YoY
YoY Change
+1.4pp
percentage points
Trend
up
Series length
35
years of data

Data

Year% of GDPYoY Change
202433.9+1.4pp
202332.5+0pp
202232.5-0.6pp
202133.2-0.2pp
202033.4-0.3pp
201933.7-1.3pp
201835-0.7pp
201735.6+0.4pp
201635.2+0.1pp
201535.1+0.1pp
201435-0.2pp
201335.2+0.5pp
201234.7-0.2pp
201134.9+0.5pp
201034.4+1.3pp
200933.1+0.5pp
200832.6-0.9pp
200733.5-0pp
200633.5-0.6pp
200534.1n/a

About this Dataset

South Korea recorded 33.9 % of GDP in 2024. The most recent year-on-year change was +1.4pp. The historical series (1990–2024) shows a peak of 37.0 in 1991 and a trough of 32.5 in 2022.

Data sourced from World Bank Open Data API. Values use World Bank standardised methodology ensuring cross-country comparability.

The chart above shows the full historical trend; the table below lists annual values with year-on-year changes.

Frequently Asked Questions

This indicator tracks south korea industry value added (% of gdp) in South Korea, published by World Bank. Data covers 1990–2024 at annual frequency using harmonised methodology.
The most recent observation covers 2024. World Bank typically publishes this series with a lag of several months after the reference period. Data is updated annual.
The series peaked at 37.0 % of GDP in 1991 and reached its lowest recorded value of 32.5 in 2022. The latest reading of 33.9 in 2024 represents a year-on-year change of +1.4pp.