Services, value added in South Korea
South Korea: Services, value added was 1,524.17 trillion current LCU in 2025. ◆ Volatile
Services, value added in South Korea, 1960–2025
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current LCU.
Analysis
South Korea recorded 1,524.17 trillion current LCU for services, value added in 2025. That is the highest value across all 66 years on record.
Compared with earlier readings it is up 3.7% on the previous year and up 58.9% over ten years.
Over the whole period, services, value added in South Korea peaked at 1,524.17 trillion current LCU in 2025 and was at its lowest, 98.60 billion current LCU, in 1960.
That places South Korea 4th out of 205 countries with data for 2025, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 352.24 billion current LCU | 98.60 billion current LCU | 887.50 billion current LCU | 10 |
| 1970s | 5.13 trillion current LCU | 1.14 trillion current LCU | 13.21 trillion current LCU | 10 |
| 1980s | 42.68 trillion current LCU | 17.66 trillion current LCU | 80.32 trillion current LCU | 10 |
| 1990s | 209.73 trillion current LCU | 97.61 trillion current LCU | 322.07 trillion current LCU | 10 |
| 2000s | 530.33 trillion current LCU | 354.43 trillion current LCU | 706.58 trillion current LCU | 10 |
| 2010s | 943.99 trillion current LCU | 757.03 trillion current LCU | 1,161.85 trillion current LCU | 10 |
| 2020s | 1,366.36 trillion current LCU | 1,171.67 trillion current LCU | 1,524.17 trillion current LCU | 6 |
Countries ranked near South Korea
More economy & growth data for South Korea
- DEC alternative conversion factor 1,422 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) -6.93 trillion current LCU (2025)
- Net secondary income (Net current transfers from abroad) -4.87 billion current US$ (2025)
- Taxes less subsidies on products 185.85 trillion current LCU (2025)
- Taxes less subsidies on products 130.66 billion current US$ (2025)
- Net primary income (Net income from abroad) 45.76 trillion current LCU (2025)
- Net primary income (Net income from abroad) 32.17 billion current US$ (2025)
- GNI per capita 52.42 million current LCU (2025)
- GNI per capita, Atlas method 37,880 current US$ (2025)
- GNI 2,709.10 trillion current LCU (2025)
Frequently asked questions
- What is services, value added in South Korea?
- Services, value added in South Korea was 1,524.17 trillion current LCU in 2025, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest services, value added recorded in South Korea?
- The highest recorded value was 1,524.17 trillion current LCU in 2025.
- What is the lowest services, value added recorded in South Korea?
- The lowest recorded value was 98.60 billion current LCU in 1960.
- How does South Korea rank for services, value added?
- South Korea ranks 4th out of 205 countries with data for 2025.
- Is services, value added rising or falling in South Korea?
- Over the last ten years it is up 58.9%. 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 Services, value added (current LCU). Statizoid updates them automatically from the source API.
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About this data
Services industries correspond to ISIC (Rev. 4) divisions 45-99 and includes wholesale and retail trade, repair of motor vehicles, hotels and restaurants, transport, storage and communication, financial intermediation, real estate, renting and business activities, public administration and defence, compulsory social security, education, health and social work, other community, social and personal service activities, private households with employed persons, and extra-territorial organizations and bodies. 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 is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.