Manufacturing, value added in South Korea

South Korea: Manufacturing, value added was 2.0% in 2025. ◆ Volatile

Latest (2025)
2.0%
Change on year
down 52.9%
World rank
103rd
of 191 countries
All-time high
30.5%
in 1973
All-time low
-7.3%
in 1998
Years of data
65
1961–2025

Manufacturing, value added in South Korea, 1961–2025

-100102030196119932025

Source: Country official statistics, National Statistical Offices (NSOs). Measured in annual % growth.

Analysis

South Korea recorded 2.0% for manufacturing, value added in 2025.

The figure is down 52.9% on the previous year and up 14.7% over ten years.

Over the whole period, manufacturing, value added in South Korea peaked at 30.5% in 1973 and was at its lowest, -7.3%, in 1998.

That places South Korea 103rd out of 191 countries with data for 2025, putting it in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest Years
1960s 16.8% 5.5% 23.5% 9
1970s 18.2% 10.5% 30.5% 10
1980s 11.3% -1.2% 20.3% 10
1990s 9.2% -7.3% 19.6% 10
2000s 6.5% -1.7% 15.9% 10
2010s 4.0% 0.5% 14.0% 10
2020s 2.5% -2.0% 6.5% 6

Countries ranked near South Korea

  1. 100 Iran 2.3% compare
  2. 101 Israel 2.2% compare
  3. 102 Democratic Republic of Congo 2.2% compare
  4. 104 Spain 2.0% compare
  5. 105 Honduras 2.0% compare
  6. 106 Dominica 2.0% compare

See the full ranking of 226 places →

More economy & growth data for South Korea

All data for South Korea →

Frequently asked questions

What is manufacturing, value added in South Korea?
Manufacturing, value added in South Korea was 2.0% in 2025, according to Country official statistics, National Statistical Offices (NSOs).
What is the highest manufacturing, value added recorded in South Korea?
The highest recorded value was 30.5% in 1973.
What is the lowest manufacturing, value added recorded in South Korea?
The lowest recorded value was -7.3% in 1998.
How does South Korea rank for manufacturing, value added?
South Korea ranks 103rd out of 191 countries with data for 2025.
Is manufacturing, value added rising or falling in South Korea?
Over the last ten years it is up 14.7%. The long-run trend across the full record is volatile.
Where does this South Korea data come from?
The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Manufacturing, value added (annual % growth). Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 65 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

About this data

Indicator
Manufacturing, value added (annual % growth)
Unit
annual % growth
Source
Country official statistics, National Statistical Offices (NSOs)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
226 places, 8,906 data points, 1961–2025
Last refreshed

Manufacturing includes industries classified in ISIC (Rev. 3) major division C and is defined as the physical or chemical transformation of materials or components into new products. Value added is the contribution to the economy by a producer or an industry or an institutional sector, which is estimated by the total value of output produced and deducting the total value of intermediate consumption of goods and services used to produce that output. This indicator denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.