Services, value added per worker in South Korea

South Korea: Services, value added per worker was 53,735 constant 2015 US$ in 2025. ▲ Rising

Latest (2025)
53,735 constant 2015 US$
Change on year
up 1.0%
World rank
29th
of 176 countries
All-time high
53,735 constant 2015 US$
in 2025
All-time low
27,068 constant 2015 US$
in 1991
Years of data
35
1991–2025

Services, value added per worker in South Korea, 1991–2025

020.0k40.0k60.0k1991200820251991: 27.1k constant 2015 US$1992: 27.3k constant 2015 US$1993: 27.9k constant 2015 US$1994: 28.8k constant 2015 US$1995: 30.0k constant 2015 US$1996: 31.0k constant 2015 US$1997: 31.8k constant 2015 US$1998: 32.0k constant 2015 US$1999: 33.9k constant 2015 US$2000: 35.1k constant 2015 US$2001: 35.6k constant 2015 US$2002: 37.3k constant 2015 US$2003: 38.0k constant 2015 US$2004: 37.7k constant 2015 US$2005: 38.7k constant 2015 US$2006: 39.6k constant 2015 US$2007: 41.0k constant 2015 US$2008: 41.9k constant 2015 US$2009: 42.1k constant 2015 US$2010: 43.7k constant 2015 US$2011: 44.1k constant 2015 US$2012: 44.4k constant 2015 US$2013: 45.3k constant 2015 US$2014: 45.4k constant 2015 US$2015: 46.0k constant 2015 US$2016: 46.8k constant 2015 US$2017: 47.6k constant 2015 US$2018: 49.5k constant 2015 US$2019: 50.5k constant 2015 US$2020: 50.9k constant 2015 US$2021: 52.6k constant 2015 US$2022: 52.9k constant 2015 US$2023: 53.1k constant 2015 US$2024: 53.2k constant 2015 US$2025: 53.7k constant 2015 US$

Source: World Development Indicators database, World Bank (WB). Measured in constant 2015 US$.

Analysis

The most recent figure for services, value added per worker in South Korea is 53,735 constant 2015 US$, measured in 2025. That is the highest value across all 35 years on record.

That represents a change of up 1.0% on the previous year and up 16.8% over ten years.

Over the whole period, services, value added per worker in South Korea peaked at 53,735 constant 2015 US$ in 2025 and was at its lowest, 27,068 constant 2015 US$, in 1991.

That places South Korea 29th out of 176 countries with data for 2025, putting it in the top quarter.

The long-run direction has been consistently rising across the 35 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
1990s 29,963 constant 2015 US$ 27,068 constant 2015 US$ 33,910 constant 2015 US$ 9
2000s 38,699 constant 2015 US$ 35,085 constant 2015 US$ 42,083 constant 2015 US$ 10
2010s 46,329 constant 2015 US$ 43,680 constant 2015 US$ 50,486 constant 2015 US$ 10
2020s 52,733 constant 2015 US$ 50,924 constant 2015 US$ 53,735 constant 2015 US$ 6

Countries ranked near South Korea

  1. 26 Spain 61,418 constant 2015 US$ compare
  2. 27 United Arab Emirates 57,148 constant 2015 US$ compare
  3. 28 Bahamas 56,014 constant 2015 US$ compare
  4. 30 Greece 48,134 constant 2015 US$ compare
  5. 31 Slovenia 47,862 constant 2015 US$ compare
  6. 32 Bahrain 44,329 constant 2015 US$ compare

See the full ranking of 222 places →

More economy & growth data for South Korea

All data for South Korea →

Frequently asked questions

What is services, value added per worker in South Korea?
Services, value added per worker in South Korea was 53,735 constant 2015 US$ in 2025, according to World Development Indicators database, World Bank (WB).
What is the highest services, value added per worker recorded in South Korea?
The highest recorded value was 53,735 constant 2015 US$ in 2025.
What is the lowest services, value added per worker recorded in South Korea?
The lowest recorded value was 27,068 constant 2015 US$ in 1991.
How does South Korea rank for services, value added per worker?
South Korea ranks 29th out of 176 countries with data for 2025.
Is services, value added per worker rising or falling in South Korea?
Over the last ten years it is up 16.8%. The long-run trend across the full record is rising.
Where does this South Korea data come from?
The figures come from World Development Indicators database, World Bank (WB), published as part of Services, value added per worker (constant 2015 US$). Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 35 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

About this data

Indicator
Services, value added per worker (constant 2015 US$)
Unit
constant 2015 US$
Source
World Development Indicators database, World Bank (WB)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
222 places, 7,068 data points, 1991–2025
Last refreshed

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. The core indicator has been divided by the number of workers in the economy to derive a measure of labor productivity. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2015. This indicator is expressed in United States dollars.