South Korea Manufacturing Value Added (% of GDP) (2024)
South Korea's Manufacturing Value Added (% of GDP): 26.6 % of GDP in 2024, +1.2pp YoY. World Bank (NV.IND.MANF.ZS), 1990–2024.
South Korea (2024)
26.6
% of GDP
+1.2pp YoY
YoY Change
+1.2pp
percentage points
Trend
up
Series length
35
years of data
Data
| Year | % of GDP | YoY Change |
|---|---|---|
| 2024 | 26.6 | +1.2pp |
| 2023 | 25.5 | -1pp |
| 2022 | 26.5 | +0.3pp |
| 2021 | 26.3 | +0.6pp |
| 2020 | 25.7 | -0.7pp |
| 2019 | 26.4 | -1.4pp |
| 2018 | 27.8 | -0.3pp |
| 2017 | 28 | +0.5pp |
| 2016 | 27.5 | -0.3pp |
| 2015 | 27.8 | -0.5pp |
| 2014 | 28.3 | -0.6pp |
| 2013 | 28.9 | +0.1pp |
| 2012 | 28.7 | -0.3pp |
| 2011 | 29 | +0.9pp |
| 2010 | 28.1 | +1.8pp |
| 2009 | 26.3 | +0.2pp |
| 2008 | 26.1 | +0.2pp |
| 2007 | 25.9 | +0.2pp |
| 2006 | 25.7 | -0.4pp |
| 2005 | 26.1 | n/a |
About this Dataset
South Korea recorded 26.6 % of GDP in 2024. The most recent year-on-year change was +1.2pp. The historical series (1990–2024) shows a peak of 29.0 in 2011 and a trough of 24.4 in 2003.
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 manufacturing 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 29.0 % of GDP in 2011 and reached its lowest recorded value of 24.4 in 2003. The latest reading of 26.6 in 2024 represents a year-on-year change of +1.2pp.