South Korea (2025)
57.2
% of GDP
-0.3pp YoY
YoY Change
-0.3pp
percentage points
Trend
down
Series length
66
years of data

Data

South Korea Services Value Added (% of GDP) (2025) — source data. World Bank.
Year % of GDP YoY Change
2025 57.2 -0.3pp
2024 57.5 -1.4pp
2023 58.9 +0.8pp
2022 58.1 +1.2pp
2021 56.9 unchanged
2020 56.9 unchanged
2019 56.9 +1.5pp
2018 55.4 +0.8pp
2017 54.6 -0.4pp
2016 55 -0.1pp
2015 55.1 -0.1pp
2014 55.2 +0.3pp
2013 54.9 -0.1pp
2012 55 +0.3pp
2011 54.7 -0.2pp
2010 54.9 -1.4pp
2009 56.3 -0.3pp
2008 56.6 +1.1pp
2007 55.5 +0.3pp
2006 55.2 +0.8pp

About this Dataset

South Korea recorded 57.2 % of GDP in 2025. The latest change was -0.3pp. Across 1960–2025 the series ranges from 30.2 % of GDP in 1964 to 58.9 % of GDP in 2023.

This page tracks services sector value added as a share of GDP in South Korea. The shift toward services-led growth is a defining trend across advanced and emerging markets.

Data sourced from World Bank via Open Data API. Values use World Bank standardised methodology intended for cross-country comparison.

Frequently Asked Questions

This page tracks services sector value added as a share of GDP in South Korea. The shift toward services-led growth is a defining trend across advanced and emerging markets. It is published by World Bank and updated annually.

The most recent observation covers 2025. World Bank typically publishes this series with a lag of several months after the reference period. The series runs 1960–2025 (66 observations).

The series peaked at 58.9 % of GDP in 2023 and reached its lowest recorded value of 30.2 % of GDP in 1964. The latest reading is 57.2 % of GDP in 2025. The latest change was -0.3pp.